China Runji Cement (China Runji Cement) Days Payable : 271.08 (As of Feb. 2011)

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What is China Runji Cement Days Payable?

China Runji Cement's average Accounts Payable for the three months ended in Feb. 2011 was $33.82 Mil. China Runji Cement's Cost of Goods Sold for the three months ended in Feb. 2011 was $11.38 Mil. Hence, China Runji Cement's Days Payable for the three months ended in Feb. 2011 was 271.08.

The historical rank and industry rank for China Runji Cement's Days Payable or its related term are showing as below:

CRJI's Days Payable is not ranked ^*
in the Building Materials industry.
Industry Median: 66.27
* Ranked among companies with meaningful Days Payable only.

China Runji Cement's Days Payable increased from Feb. 2010 (229.92) to Feb. 2011 (271.08). It may suggest that China Runji Cement delayed paying its suppliers.

China Runji Cement Days Payable Historical Data

The historical data trend for China Runji Cement'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.

China Runji Cement Days Payable Chart

China Runji Cement Annual Data

Trend

Jan06

Jan07

Aug08

Aug09

Aug10

Days Payable

86.95

179.75

276.29

China Runji Cement Quarterly Data
	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11
Days Payable	Get a 7-Day Free Trial															229.92	288.62	259.54	238.62	271.08

Competitive Comparison of China Runji Cement's Days Payable

For the Building Materials subindustry, China Runji Cement'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.

China Runji Cement's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Runji Cement's Days Payable distribution charts can be found below:

* The bar in red indicates where China Runji Cement's Days Payable falls into.

China Runji Cement 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.

China Runji Cement's Days Payable for the fiscal year that ended in Aug. 2010 is calculated as

	Days Payable (A: Aug. 2010 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2009 )	+	Accounts Payable (A: Aug. 2010 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2010 )	*	Days in Period
=	( (36.429	+	34.432)	/	2 )	/	46.806	*	365
=	35.4305					/	46.806	*	365
=	276.29

China Runji Cement's Days Payable for the quarter that ended in Feb. 2011 is calculated as:

	Days Payable (Q: Feb. 2011 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2010 )	+	Accounts Payable (Q: Feb. 2011 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2011 )	*	Days in Period
=	( (39.145	+	28.493)	/	2 )	/	11.384	*	365 / 4
=	33.819					/	11.384	*	365 / 4
=	271.08

China Runji Cement Days Payable Related Terms

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China Runji Cement (China Runji Cement) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Runji Cement Inc (GREY:CRJI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xianzong town, Hanshan county, Chaohu, Anhui, CHN

Website

China Runji Cement Inc through its subsidiary is engaged in the production and sale of cement in mainland China.

China Runji Cement (China Runji Cement) Headlines

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