China State Construction Engineering (SHSE:601668) Days Payable

: 118.15 (As of Dec. 2023)

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China State Construction Engineering's average Accounts Payable for the three months ended in Dec. 2023 was ¥674,171 Mil. China State Construction Engineering's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥520,690 Mil. Hence, China State Construction Engineering's Days Payable for the three months ended in Dec. 2023 was 118.15.

The historical rank and industry rank for China State Construction Engineering's Days Payable or its related term are showing as below:

SHSE:601668' s Days Payable Range Over the Past 10 Years
Min: 111.17 Med: 138.04 Max: 168.45
Current: 112.8

During the past 13 years, China State Construction Engineering's highest Days Payable was 168.45. The lowest was 111.17. And the median was 138.04.

SHSE:601668's Days Payable is ranked better than
67.85% of 1602 companies
in the Construction industry
Industry Median: 73.815 vs SHSE:601668: 112.80

China State Construction Engineering's Days Payable declined from Dec. 2022 (119.20) to Dec. 2023 (118.15). It may suggest that China State Construction Engineering accelerated paying its suppliers.

China State Construction Engineering Days Payable Historical Data

The historical data trend for China State Construction Engineering'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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China State Construction Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

143.87

127.72

112.31

111.17

115.86

China State Construction Engineering Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																119.20	110.19	106.02	114.84	118.15

Competitive Comparison

For the Engineering & Construction subindustry, China State Construction Engineering'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.

China State Construction Engineering Days Payable Distribution

For the Construction industry and Industrials sector, China State Construction Engineering's Days Payable distribution charts can be found below:

* The bar in red indicates where China State Construction Engineering's Days Payable falls into.

China State Construction Engineering 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.

China State Construction Engineering'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
=	( (596048.254	+	700728.025)	/	2 )	/	2042723.831	*	365
=	648388.1395					/	2042723.831	*	365
=	115.86

China State Construction Engineering's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (647613.069	+	700728.025)	/	2 )	/	520690.007	*	365 / 4
=	674170.547					/	520690.007	*	365 / 4
=	118.15

China State Construction Engineering Days Payable Related Terms

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China State Construction Engineering (SHSE:601668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China State Construction Engineering Corp Ltd (SHSE:601668) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anding Road, Building 3, Courtyard 5, China Construction Fortune International Center, Chaoyang District, Beijing, CHN, 100029

Website

https://www.cscec.com

China State Construction Engineering Corp Ltd is a construction and real estate conglomerate. Its operating segments are Building construction engineering, Infrastructure construction & investment, Real estate development & investment, Prospecting & design, and Others. The majority of its revenue comes from the Building construction engineering segment. The company undertakes construction, installation, and consulting of domestic and domestic public and civil building construction projects; investment and construction of infrastructure projects; real estate investment and development at home and abroad; survey and design of construction; decoration engineering, and garden engineering. Geographically it generates a vast majority of its revenue from Mainland China.

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