Dayu Irrigation Group Co (SZSE:300021) Days Payable : 586.61 (As of Mar. 2024)

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What is Dayu Irrigation Group Co Days Payable?

Dayu Irrigation Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,206 Mil. Dayu Irrigation Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥343 Mil. Hence, Dayu Irrigation Group Co's Days Payable for the three months ended in Mar. 2024 was 586.61.

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

SZSE:300021' s Days Payable Range Over the Past 10 Years
Min: 132.13 Med: 170.55 Max: 300.19
Current: 260.98

During the past 13 years, Dayu Irrigation Group Co's highest Days Payable was 300.19. The lowest was 132.13. And the median was 170.55.

SZSE:300021's Days Payable is ranked better than
87.68% of 495 companies
in the Utilities - Regulated industry
Industry Median: 67.1 vs SZSE:300021: 260.98

Dayu Irrigation Group Co's Days Payable increased from Mar. 2023 (456.41) to Mar. 2024 (586.61). It may suggest that Dayu Irrigation Group Co delayed paying its suppliers.

Dayu Irrigation Group Co Days Payable Historical Data

The historical data trend for Dayu Irrigation 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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Dayu Irrigation Group Co Days Payable Chart

Dayu Irrigation Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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175.19

259.85

189.02

241.37

300.19

Dayu Irrigation Group 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															456.41	294.35	278.33	155.04	586.61

Competitive Comparison of Dayu Irrigation Group Co's Days Payable

For the Utilities - Regulated Water subindustry, Dayu Irrigation 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.

Dayu Irrigation Group Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Dayu Irrigation Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Dayu Irrigation Group Co's Days Payable falls into.

Dayu Irrigation 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.

Dayu Irrigation 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
=	( (1895.19	+	2401.235)	/	2 )	/	2612.003	*	365
=	2148.2125					/	2612.003	*	365
=	300.19

Dayu Irrigation Group 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
=	( (2401.235	+	2010.287)	/	2 )	/	343.118	*	365 / 4
=	2205.761					/	343.118	*	365 / 4
=	586.61

Dayu Irrigation Group Co Days Payable Related Terms

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Dayu Irrigation Group Co (SZSE:300021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Dayu Irrigation Group Co Ltd (SZSE:300021) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

No. 290, Jiefang Road, Gansu Province, Jiuquan, CHN, 735009

Website

http://www.gsdyjsgs.com

Dayu Irrigation Group Co Ltd is engaged in efficient water saving in agriculture, rural sewage treatment and safe drinking water for farmers.

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