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Heilongjiang Transport Development Co (SHSE:601188) Days Payable : 266.43 (As of Mar. 2025)


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What is Heilongjiang Transport Development Co Days Payable?

Heilongjiang Transport Development Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥125.5 Mil. Heilongjiang Transport Development Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥43.0 Mil. Hence, Heilongjiang Transport Development Co's Days Payable for the three months ended in Mar. 2025 was 266.43.

The historical rank and industry rank for Heilongjiang Transport Development Co's Days Payable or its related term are showing as below:

SHSE:601188' s Days Payable Range Over the Past 10 Years
Min: 28.73   Med: 91.77   Max: 160.48
Current: 47.91

During the past 13 years, Heilongjiang Transport Development Co's highest Days Payable was 160.48. The lowest was 28.73. And the median was 91.77.

SHSE:601188's Days Payable is ranked worse than
73.21% of 1672 companies
in the Construction industry
Industry Median: 77.52 vs SHSE:601188: 47.91

Heilongjiang Transport Development Co's Days Payable increased from Mar. 2024 (85.11) to Mar. 2025 (266.43). It may suggest that Heilongjiang Transport Development Co delayed paying its suppliers.


Heilongjiang Transport Development Co Days Payable Historical Data

The historical data trend for Heilongjiang Transport Development 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.

Heilongjiang Transport Development Co Days Payable Chart

Heilongjiang Transport Development Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.71 73.60 160.48 120.07 81.68

Heilongjiang Transport Development Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 85.11 73.06 40.35 30.27 266.43

Competitive Comparison of Heilongjiang Transport Development Co's Days Payable

For the Infrastructure Operations subindustry, Heilongjiang Transport Development 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.


Heilongjiang Transport Development Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Heilongjiang Transport Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Heilongjiang Transport Development Co's Days Payable falls into.


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Heilongjiang Transport Development 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.

Heilongjiang Transport Development Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (61.682 + 215.936) / 2 ) / 620.261*365
=138.809 / 620.261*365
=81.68

Heilongjiang Transport Development Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (215.936 + 35.104) / 2 ) / 42.989*365 / 4
=125.52 / 42.989*365 / 4
=266.43

* 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.


Heilongjiang Transport Development Co Days Payable Related Terms

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Heilongjiang Transport Development Co Business Description

Traded in Other Exchanges
N/A
Address
1688 5th Qunli Avenue, Daoli District, Heilongjiang province, Harbin, CHN, 150070
Heilongjiang Transport Development Co Ltd is a China-based company engaged in the investment, development, construction, operation, and management of expressway. It is also a large enterprise under the provincial management which combines the real estate industry, the physical distribution, and transportation industry, the advertising industry and the import-export industry together.

Heilongjiang Transport Development Co Headlines

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