Sichuan Golden Summit Group Co (SHSE:600678) Days Payable : 289.60 (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Sichuan Golden Summit Group Co Days Payable?

Sichuan Golden Summit Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥243.8 Mil. Sichuan Golden Summit Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥76.8 Mil. Hence, Sichuan Golden Summit Group Co's Days Payable for the three months ended in Mar. 2024 was 289.60.

The historical rank and industry rank for Sichuan Golden Summit Group Co's Days Payable or its related term are showing as below:

SHSE:600678' s Days Payable Range Over the Past 10 Years
Min: 7.13 Med: 65.61 Max: 275.78
Current: 151.6

During the past 13 years, Sichuan Golden Summit Group Co's highest Days Payable was 275.78. The lowest was 7.13. And the median was 65.61.

SHSE:600678's Days Payable is ranked better than
82.16% of 370 companies
in the Building Materials industry
Industry Median: 67.875 vs SHSE:600678: 151.60

Sichuan Golden Summit Group Co's Days Payable increased from Mar. 2023 (68.85) to Mar. 2024 (289.60). It may suggest that Sichuan Golden Summit Group Co delayed paying its suppliers.

Sichuan Golden Summit Group Co Days Payable Historical Data

The historical data trend for Sichuan Golden Summit Group Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sichuan Golden Summit Group Co Days Payable Chart

Sichuan Golden Summit Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

23.61

60.41

81.82

70.81

189.38

Sichuan Golden Summit Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															68.85	64.85	51.74	142.51	289.60

Competitive Comparison of Sichuan Golden Summit Group Co's Days Payable

For the Building Materials subindustry, Sichuan Golden Summit Group Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sichuan Golden Summit Group Co's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sichuan Golden Summit Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sichuan Golden Summit Group Co's Days Payable falls into.

Sichuan Golden Summit Group Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Sichuan Golden Summit Group Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (35.03	+	246.153)	/	2 )	/	270.965	*	365
=	140.5915					/	270.965	*	365
=	189.38

Sichuan Golden Summit Group Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (246.153	+	241.401)	/	2 )	/	76.812	*	365 / 4
=	243.777					/	76.812	*	365 / 4
=	289.60

Sichuan Golden Summit Group Co Days Payable Related Terms

Thank you for viewing the detailed overview of Sichuan Golden Summit Group Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sichuan Golden Summit Group Co (SHSE:600678) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Sichuan Golden Summit Group Co Ltd (SHSE:600678) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.55, Xinnong Group, Ledu Town, Sichuan Province, Emeishan, CHN, 614000

Website

http://www.scjd.cn

Sichuan Golden Summit Group Co Ltd primarily engages in the manufacturing and distribution of concrete, ordinary Portland cement, slag Portland cement, and moderate heat Portland cement in China.

Sichuan Golden Summit Group Co (SHSE:600678) Headlines

No Headlines