Sichuan Rongda Gold Co (SZSE:001337) Days Payable

: 125.28 (As of Dec. 2023)

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Sichuan Rongda Gold Co's average Accounts Payable for the three months ended in Dec. 2023 was ¥58.7 Mil. Sichuan Rongda Gold Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥42.8 Mil. Hence, Sichuan Rongda Gold Co's Days Payable for the three months ended in Dec. 2023 was 125.28.

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

SZSE:001337' s Days Payable Range Over the Past 10 Years
Min: 34.86 Med: 80.01 Max: 91.92
Current: 68.78

During the past 6 years, Sichuan Rongda Gold Co's highest Days Payable was 91.92. The lowest was 34.86. And the median was 80.01.

SZSE:001337's Days Payable is ranked worse than
63.66% of 1065 companies
in the Metals & Mining industry
Industry Median: 129.97 vs SZSE:001337: 68.78

Sichuan Rongda Gold Co's Days Payable increased from Dec. 2022 (107.95) to Dec. 2023 (125.28). It may suggest that Sichuan Rongda Gold Co delayed paying its suppliers.

Sichuan Rongda Gold Co Days Payable Historical Data

The historical data trend for Sichuan Rongda Gold 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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Sichuan Rongda Gold Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

66.22

80.90

79.12

91.92

81.31

Sichuan Rongda Gold Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial									107.95	58.00	50.00	61.91	125.28

Competitive Comparison

For the Gold subindustry, Sichuan Rongda Gold 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.

Sichuan Rongda Gold Co Days Payable Distribution

For the Metals & Mining industry and Basic Materials sector, Sichuan Rongda Gold Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sichuan Rongda Gold Co's Days Payable falls into.

Sichuan Rongda Gold 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.

Sichuan Rongda Gold 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
=	( (57.199	+	79.575)	/	2 )	/	306.995	*	365
=	68.387					/	306.995	*	365
=	81.31

Sichuan Rongda Gold 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
=	( (37.816	+	79.575)	/	2 )	/	42.752	*	365 / 4
=	58.6955					/	42.752	*	365 / 4
=	125.28

Sichuan Rongda Gold Co Days Payable Related Terms

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Sichuan Rongda Gold Co (SZSE:001337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sichuan Rongda Gold Co Ltd (SZSE:001337) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 26, Longqin Street, Muli County, Sichuan Province, Qiaowa, CHN, 610095

Website

http://www.scrdgold.com

Sichuan Rongda Gold Co Ltd is engaged in gold mining, mineral products and mining machinery operation, mineral geology, engineering geology, geological exploration consulting services, after-sales service.

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