Jiangsu Jiangnan Water Co (SHSE:601199) Days Payable : 254.61 (As of Sep. 2023)

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What is Jiangsu Jiangnan Water Co Days Payable?

Jiangsu Jiangnan Water Co's average Accounts Payable for the three months ended in Sep. 2023 was ¥513 Mil. Jiangsu Jiangnan Water Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥184 Mil. Hence, Jiangsu Jiangnan Water Co's Days Payable for the three months ended in Sep. 2023 was 254.61.

The historical rank and industry rank for Jiangsu Jiangnan Water Co's Days Payable or its related term are showing as below:

SHSE:601199' s Days Payable Range Over the Past 10 Years
Min: 171.02 Med: 257.05 Max: 406.37
Current: 225.77

During the past 13 years, Jiangsu Jiangnan Water Co's highest Days Payable was 406.37. The lowest was 171.02. And the median was 257.05.

SHSE:601199's Days Payable is ranked better than
85.45% of 495 companies
in the Utilities - Regulated industry
Industry Median: 67.1 vs SHSE:601199: 225.77

Jiangsu Jiangnan Water Co's Days Payable increased from Sep. 2022 (230.93) to Sep. 2023 (254.61). It may suggest that Jiangsu Jiangnan Water Co delayed paying its suppliers.

Jiangsu Jiangnan Water Co Days Payable Historical Data

The historical data trend for Jiangsu Jiangnan Water 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.

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Jiangsu Jiangnan Water Co Days Payable Chart

Jiangsu Jiangnan Water Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

406.37

398.13

346.94

274.15

261.76

Jiangsu Jiangnan Water Co 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															230.93	166.14	290.84	243.60	254.61

Competitive Comparison of Jiangsu Jiangnan Water Co's Days Payable

For the Utilities - Regulated Water subindustry, Jiangsu Jiangnan Water 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.

Jiangsu Jiangnan Water Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Jiangsu Jiangnan Water Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Jiangnan Water Co's Days Payable falls into.

Jiangsu Jiangnan Water 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.

Jiangsu Jiangnan Water Co'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
=	( (452.808	+	581.26)	/	2 )	/	720.959	*	365
=	517.034					/	720.959	*	365
=	261.76

Jiangsu Jiangnan Water Co'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
=	( (501.935	+	523.303)	/	2 )	/	183.719	*	365 / 4
=	512.619					/	183.719	*	365 / 4
=	254.61

Jiangsu Jiangnan Water Co Days Payable Related Terms

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Jiangsu Jiangnan Water Co (SHSE:601199) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Jiangsu Jiangnan Water Co Ltd (SHSE:601199) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Number 224 Yan Ling Road, Jiangsu Province, Jiangyin, CHN

Website

http://www.jsjnsw.com

Jiangsu Jiangnan Water Co Ltd manufactures and sells water in China. It engages in the drainage and water treatment-related business; water supply engineering design and technical advice; water quality testing; measuring and testing water meters; and public infrastructure investing business.

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