Shanxi Coking Coal Energy Group Co (SZSE:000983) Days Payable : 129.07 (As of Dec. 2023)

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What is Shanxi Coking Coal Energy Group Co Days Payable?

Shanxi Coking Coal Energy Group Co's average Accounts Payable for the three months ended in Dec. 2023 was ¥13,930 Mil. Shanxi Coking Coal Energy Group Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥9,848 Mil. Hence, Shanxi Coking Coal Energy Group Co's Days Payable for the three months ended in Dec. 2023 was 129.07.

The historical rank and industry rank for Shanxi Coking Coal Energy Group Co's Days Payable or its related term are showing as below:

SZSE:000983' s Days Payable Range Over the Past 10 Years
Min: 147.98 Med: 193.37 Max: 280.78
Current: 147.98

During the past 13 years, Shanxi Coking Coal Energy Group Co's highest Days Payable was 280.78. The lowest was 147.98. And the median was 193.37.

SZSE:000983's Days Payable is ranked better than
77.78% of 126 companies
in the Other Energy Sources industry
Industry Median: 65.515 vs SZSE:000983: 147.98

Shanxi Coking Coal Energy Group Co's Days Payable increased from Dec. 2022 (111.27) to Dec. 2023 (129.07). It may suggest that Shanxi Coking Coal Energy Group Co delayed paying its suppliers.

Shanxi Coking Coal Energy Group Co Days Payable Historical Data

The historical data trend for Shanxi Coking Coal Energy Group 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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Shanxi Coking Coal Energy Group Co Days Payable Chart

Shanxi Coking Coal Energy Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

200.18

217.79

172.87

158.73

153.91

Shanxi Coking Coal Energy Group Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															111.27	151.34	166.81	143.77	129.07

Competitive Comparison of Shanxi Coking Coal Energy Group Co's Days Payable

For the Thermal Coal subindustry, Shanxi Coking Coal Energy Group 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.

Shanxi Coking Coal Energy Group Co's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shanxi Coking Coal Energy Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanxi Coking Coal Energy Group Co's Days Payable falls into.

Shanxi Coking Coal Energy Group 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.

Shanxi Coking Coal Energy Group 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
=	( (14802.046	+	14389.448)	/	2 )	/	34613.889	*	365
=	14595.747					/	34613.889	*	365
=	153.91

Shanxi Coking Coal Energy Group Co'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
=	( (13471.081	+	14389.448)	/	2 )	/	9848.336	*	365 / 4
=	13930.2645					/	9848.336	*	365 / 4
=	129.07

Shanxi Coking Coal Energy Group Co Days Payable Related Terms

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Shanxi Coking Coal Energy Group Co (SZSE:000983) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Shanxi Coking Coal Energy Group Co Ltd (SZSE:000983) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No 318 West Mine Street, Xishan Building, Shanxi province, Taiyuan, CHN, 030053

Website

http://www.xsmd.com.cn

Shanxi Coking Coal Energy Group Co Ltd formerly Shanxi Xishan Coal And Electricity Power Co Ltd is a China-based company engaged in coal mining and processing, coal mining machine manufacturing, and electrical equipment repair. The business scope of the company includes coal sales, washing and processing; power generation; power procurement and sales; power facilities, transportation and maintenance; equipment cleaning, cleaning services, technology development, technology transfer, technical consulting, laboratory testing, mechanical and electrical repair, material processing, energy-saving renovation New energy management; mine development design and construction; mining and power equipment production and operation and coal mining.

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