Tianjin Teda Co (SZSE:000652) Days Payable : 104.55 (As of Mar. 2024)

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What is Tianjin Teda Co Days Payable?

Tianjin Teda Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥4,970 Mil. Tianjin Teda Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥4,338 Mil. Hence, Tianjin Teda Co's Days Payable for the three months ended in Mar. 2024 was 104.55.

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

SZSE:000652' s Days Payable Range Over the Past 10 Years
Min: 72.52 Med: 96.8 Max: 259.52
Current: 89.45

During the past 13 years, Tianjin Teda Co's highest Days Payable was 259.52. The lowest was 72.52. And the median was 96.80.

SZSE:000652's Days Payable is ranked better than
70.09% of 468 companies
in the Conglomerates industry
Industry Median: 58.265 vs SZSE:000652: 89.45

Tianjin Teda Co's Days Payable increased from Mar. 2023 (97.52) to Mar. 2024 (104.55). It may suggest that Tianjin Teda Co delayed paying its suppliers.

Tianjin Teda Co Days Payable Historical Data

The historical data trend for Tianjin Teda 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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Tianjin Teda Co Days Payable Chart

Tianjin Teda Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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94.95

79.21

72.52

91.56

90.63

Tianjin Teda 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															97.52	111.98	106.80	61.12	104.55

Competitive Comparison of Tianjin Teda Co's Days Payable

For the Conglomerates subindustry, Tianjin Teda 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.

Tianjin Teda Co's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tianjin Teda Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tianjin Teda Co's Days Payable falls into.

Tianjin Teda 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.

Tianjin Teda 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
=	( (4940.008	+	4867.777)	/	2 )	/	19748.935	*	365
=	4903.8925					/	19748.935	*	365
=	90.63

Tianjin Teda 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
=	( (4867.777	+	5071.451)	/	2 )	/	4337.512	*	365 / 4
=	4969.614					/	4337.512	*	365 / 4
=	104.55

Tianjin Teda Co Days Payable Related Terms

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Tianjin Teda Co (SZSE:000652) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tianjin Teda Co Ltd (SZSE:000652) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 62, Second Avenue, Binhai New Area, 16th Floor, MSD-B1, TEDA, Tianjin, CHN

Website

http://www.tedastock.com

Tianjin Teda Co Ltd is a China-based company engaged in the business of different sectors such as eco-friendly sector, regional development sector, energy trading sector, clean material sector and equity investment sector. In the eco-friendly sector, the company is involved in the provision of waste management services such as burial repair and utilization, domestic garbage collection and transportation, carry out services such as harmless treatment of domestic garbage, waste incineration power generation and others. In the energy trading sector, the company is involved in the wholesale of refined oil products, petrochemical products production and processing, warehousing trade business.

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