Sichuan Guangan AAA PCL (SHSE:600979) Days Payable : 109.45 (As of Sep. 2023)

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What is Sichuan Guangan AAA PCL Days Payable?

Sichuan Guangan AAA PCL's average Accounts Payable for the three months ended in Sep. 2023 was ¥579 Mil. Sichuan Guangan AAA PCL's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥482 Mil. Hence, Sichuan Guangan AAA PCL's Days Payable for the three months ended in Sep. 2023 was 109.45.

The historical rank and industry rank for Sichuan Guangan AAA PCL's Days Payable or its related term are showing as below:

SHSE:600979' s Days Payable Range Over the Past 10 Years
Min: 40.14 Med: 88.02 Max: 110.2
Current: 87.12

During the past 13 years, Sichuan Guangan AAA PCL's highest Days Payable was 110.20. The lowest was 40.14. And the median was 88.02.

SHSE:600979's Days Payable is ranked better than
65.05% of 495 companies
in the Utilities - Regulated industry
Industry Median: 66.88 vs SHSE:600979: 87.12

Sichuan Guangan AAA PCL's Days Payable increased from Sep. 2022 (71.63) to Sep. 2023 (109.45). It may suggest that Sichuan Guangan AAA PCL delayed paying its suppliers.

Sichuan Guangan AAA PCL Days Payable Historical Data

The historical data trend for Sichuan Guangan AAA PCL'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.

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Sichuan Guangan AAA PCL Days Payable Chart

Sichuan Guangan AAA PCL Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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102.63

110.20

98.19

82.53

77.28

Sichuan Guangan AAA PCL Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															71.63	66.27	77.31	98.35	109.45

Competitive Comparison of Sichuan Guangan AAA PCL's Days Payable

For the Utilities - Regulated Electric subindustry, Sichuan Guangan AAA PCL'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 Guangan AAA PCL's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sichuan Guangan AAA PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Sichuan Guangan AAA PCL's Days Payable falls into.

Sichuan Guangan AAA PCL 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 Guangan AAA PCL's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (359.717	+	433.842)	/	2 )	/	1874.098	*	365
=	396.7795					/	1874.098	*	365
=	77.28

Sichuan Guangan AAA PCL's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (558.166	+	598.933)	/	2 )	/	482.326	*	365 / 4
=	578.5495					/	482.326	*	365 / 4
=	109.45

Sichuan Guangan AAA PCL Days Payable Related Terms

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Sichuan Guangan AAA PCL (SHSE:600979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Sichuan Guangan AAA PCL (SHSE:600979) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 86, Qujiang North Road, Guang'an District, Guang'an, Sichuan, CHN, 638000

Website

http://www.sc-aaa.com

Sichuan Guangan AAA PCL is a China-based company engaged in the generation and distribution of electricity, natural gas and running water. Network access installation services are also offered by the Company.

Sichuan Guangan AAA PCL (SHSE:600979) Headlines

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