Shanxi Yongdong Chemistry Industry Co (SZSE:002753) Days Payable : 13.56 (As of Mar. 2024)

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What is Shanxi Yongdong Chemistry Industry Co Days Payable?

Shanxi Yongdong Chemistry Industry Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥133 Mil. Shanxi Yongdong Chemistry Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥897 Mil. Hence, Shanxi Yongdong Chemistry Industry Co's Days Payable for the three months ended in Mar. 2024 was 13.56.

The historical rank and industry rank for Shanxi Yongdong Chemistry Industry Co's Days Payable or its related term are showing as below:

SZSE:002753' s Days Payable Range Over the Past 10 Years
Min: 13.45 Med: 25.04 Max: 54.27
Current: 13.45

During the past 13 years, Shanxi Yongdong Chemistry Industry Co's highest Days Payable was 54.27. The lowest was 13.45. And the median was 25.04.

SZSE:002753's Days Payable is ranked worse than
95.41% of 1504 companies
in the Chemicals industry
Industry Median: 61 vs SZSE:002753: 13.45

Shanxi Yongdong Chemistry Industry Co's Days Payable declined from Mar. 2023 (16.07) to Mar. 2024 (13.56). It may suggest that Shanxi Yongdong Chemistry Industry Co accelerated paying its suppliers.

Shanxi Yongdong Chemistry Industry Co Days Payable Historical Data

The historical data trend for Shanxi Yongdong Chemistry Industry 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 Yongdong Chemistry Industry Co Days Payable Chart

Shanxi Yongdong Chemistry Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

23.30

31.07

23.72

17.71

13.99

Shanxi Yongdong Chemistry Industry 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															16.07	14.86	13.53	11.22	13.56

Competitive Comparison of Shanxi Yongdong Chemistry Industry Co's Days Payable

For the Specialty Chemicals subindustry, Shanxi Yongdong Chemistry Industry 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 Yongdong Chemistry Industry Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanxi Yongdong Chemistry Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanxi Yongdong Chemistry Industry Co's Days Payable falls into.

Shanxi Yongdong Chemistry Industry 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 Yongdong Chemistry Industry 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
=	( (207.656	+	122.712)	/	2 )	/	4309.06	*	365
=	165.184					/	4309.06	*	365
=	13.99

Shanxi Yongdong Chemistry Industry 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
=	( (122.712	+	143.933)	/	2 )	/	897.495	*	365 / 4
=	133.3225					/	897.495	*	365 / 4
=	13.56

Shanxi Yongdong Chemistry Industry Co Days Payable Related Terms

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Shanxi Yongdong Chemistry Industry Co (SZSE:002753) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shanxi Yongdong Chemistry Industry Co Ltd (SZSE:002753) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gaoqu Village, Xishe Town, Bishan County, Shanxi Province, Yuncheng, CHN, 043205

Website

http://www.sxydhg.com

Shanxi Yongdong Chemistry Industry Co Ltd is engaged in manufacturing carbon black for rubber and chemical products.

Shanxi Yongdong Chemistry Industry Co (SZSE:002753) Headlines

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