CEC Environmental Protection Co (SZSE:300172) Days Payable : 344.95 (As of Mar. 2024)

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What is CEC Environmental Protection Co Days Payable?

CEC Environmental Protection Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥531.7 Mil. CEC Environmental Protection Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥140.6 Mil. Hence, CEC Environmental Protection Co's Days Payable for the three months ended in Mar. 2024 was 344.95.

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

SZSE:300172' s Days Payable Range Over the Past 10 Years
Min: 198.31 Med: 279.07 Max: 311.89
Current: 285.34

During the past 13 years, CEC Environmental Protection Co's highest Days Payable was 311.89. The lowest was 198.31. And the median was 279.07.

SZSE:300172's Days Payable is ranked better than
94.57% of 2928 companies
in the Industrial Products industry
Industry Median: 76.275 vs SZSE:300172: 285.34

CEC Environmental Protection Co's Days Payable increased from Mar. 2023 (253.12) to Mar. 2024 (344.95). It may suggest that CEC Environmental Protection Co delayed paying its suppliers.

CEC Environmental Protection Co Days Payable Historical Data

The historical data trend for CEC Environmental Protection 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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CEC Environmental Protection Co Days Payable Chart

CEC Environmental Protection Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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272.86

284.96

280.50

258.17

277.63

CEC Environmental Protection 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															253.12	240.95	323.16	272.69	344.95

Competitive Comparison of CEC Environmental Protection Co's Days Payable

For the Pollution & Treatment Controls subindustry, CEC Environmental Protection 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.

CEC Environmental Protection Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CEC Environmental Protection Co's Days Payable distribution charts can be found below:

* The bar in red indicates where CEC Environmental Protection Co's Days Payable falls into.

CEC Environmental Protection 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.

CEC Environmental Protection 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
=	( (589.329	+	566.764)	/	2 )	/	759.96	*	365
=	578.0465					/	759.96	*	365
=	277.63

CEC Environmental Protection 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
=	( (566.764	+	496.536)	/	2 )	/	140.636	*	365 / 4
=	531.65					/	140.636	*	365 / 4
=	344.95

CEC Environmental Protection Co Days Payable Related Terms

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CEC Environmental Protection Co (SZSE:300172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CEC Environmental Protection Co Ltd (SZSE:300172) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Number 1800, Chengxin Street, Nanjing (Environmental Concentration Zone), Jiangning District, Nanjing, CHN, 211102

Website

http://www.ce-ep.com

CEC Environmental Protection Co Ltd is engaged in the provision of water processing system solutions, water processing equipment system integration and contract construction of related engineering for industrial projects of thermal power, nuclear power, petrochemical, coal chemical, metallurgy and other industries. The company provides condensate polishing, water supply treatment, wastewater treatment, water vapor centralized monitoring and chemical injection lines, industrial flue gas treatment, municipal sludge treatment, municipal sewage treatment and others.

CEC Environmental Protection Co (SZSE:300172) Headlines

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