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BJINF (Beijing Enterprises Holdings) Days Payable : 22.30 (As of Jun. 2024)


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What is Beijing Enterprises Holdings Days Payable?

Beijing Enterprises Holdings's average Accounts Payable for the six months ended in Jun. 2024 was $601 Mil. Beijing Enterprises Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was $4,919 Mil. Hence, Beijing Enterprises Holdings's Days Payable for the six months ended in Jun. 2024 was 22.30.

The historical rank and industry rank for Beijing Enterprises Holdings's Days Payable or its related term are showing as below:

BJINF' s Days Payable Range Over the Past 10 Years
Min: 17.09   Med: 20.98   Max: 25.79
Current: 21.2

During the past 13 years, Beijing Enterprises Holdings's highest Days Payable was 25.79. The lowest was 17.09. And the median was 20.98.

BJINF's Days Payable is ranked worse than
89.41% of 491 companies
in the Conglomerates industry
Industry Median: 57.07 vs BJINF: 21.20

Beijing Enterprises Holdings's Days Payable increased from Jun. 2023 (19.65) to Jun. 2024 (22.30). It may suggest that Beijing Enterprises Holdings delayed paying its suppliers.


Beijing Enterprises Holdings Days Payable Historical Data

The historical data trend for Beijing Enterprises Holdings'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.

* Premium members only.

Beijing Enterprises Holdings Days Payable Chart

Beijing Enterprises Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.99 20.95 20.58 20.91 21.25

Beijing Enterprises Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.48 17.60 19.65 20.46 22.30

Competitive Comparison of Beijing Enterprises Holdings's Days Payable

For the Conglomerates subindustry, Beijing Enterprises Holdings'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.


Beijing Enterprises Holdings's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Beijing Enterprises Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Enterprises Holdings's Days Payable falls into.



Beijing Enterprises Holdings 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.

Beijing Enterprises Holdings'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
=( (573.711 + 593.448) / 2 ) / 10025.585*365
=583.5795 / 10025.585*365
=21.25

Beijing Enterprises Holdings's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (593.448 + 608.42) / 2 ) / 4918.733*365 / 2
=600.934 / 4918.733*365 / 2
=22.30

* 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.


Beijing Enterprises Holdings Days Payable Related Terms

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Beijing Enterprises Holdings Business Description

Traded in Other Exchanges
Address
18 Harbour Road, 66th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Beijing Enterprises Holdings was founded in 1997 and it is the listed flagship of the Beijing municipal government. It has a diversified business portfolio with focus on public utilities, including gas distribution and transmission, sewage and water treatment, and waste-to-energy business. It also invests in an upstream Russia oil and gas company, and owns 80% of Yanjing Brewery, one of the leading domestic brewers. The business mix is approximately 62% in gas operation, with the rest in water, waste treatment, and beer businesses in 2023.

Beijing Enterprises Holdings Headlines