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CRPJF (China Resources Power Holdings Co) Days Payable : 37.56 (As of Jun. 2024)


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What is China Resources Power Holdings Co Days Payable?

China Resources Power Holdings Co's average Accounts Payable for the six months ended in Jun. 2024 was $693 Mil. China Resources Power Holdings Co's Cost of Goods Sold for the six months ended in Jun. 2024 was $3,367 Mil. Hence, China Resources Power Holdings Co's Days Payable for the six months ended in Jun. 2024 was 37.56.

The historical rank and industry rank for China Resources Power Holdings Co's Days Payable or its related term are showing as below:

CRPJF' s Days Payable Range Over the Past 10 Years
Min: 38.19   Med: 98.39   Max: 131.77
Current: 38.19

During the past 13 years, China Resources Power Holdings Co's highest Days Payable was 131.77. The lowest was 38.19. And the median was 98.39.

CRPJF's Days Payable is ranked worse than
73.04% of 382 companies
in the Utilities - Independent Power Producers industry
Industry Median: 82.855 vs CRPJF: 38.19

China Resources Power Holdings Co's Days Payable declined from Jun. 2023 (44.55) to Jun. 2024 (37.56). It may suggest that China Resources Power Holdings Co accelerated paying its suppliers.


China Resources Power Holdings Co Days Payable Historical Data

The historical data trend for China Resources Power Holdings 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.

* Premium members only.

China Resources Power Holdings Co Days Payable Chart

China Resources Power Holdings Co 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 102.09 92.42 59.67 51.97 44.83

China Resources Power Holdings Co 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 53.64 42.34 44.55 39.73 37.56

Competitive Comparison of China Resources Power Holdings Co's Days Payable

For the Utilities - Independent Power Producers subindustry, China Resources Power Holdings 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.


China Resources Power Holdings Co's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Resources Power Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Resources Power Holdings Co's Days Payable falls into.



China Resources Power Holdings 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.

China Resources Power Holdings 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
=( (1053.945 + 770.439) / 2 ) / 7426.168*365
=912.192 / 7426.168*365
=44.83

China Resources Power Holdings Co'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
=( (770.439 + 615.604) / 2 ) / 3367.049*365 / 2
=693.0215 / 3367.049*365 / 2
=37.56

* 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.


China Resources Power Holdings Co Days Payable Related Terms

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China Resources Power Holdings Co Business Description

Traded in Other Exchanges
Address
26 Harbour Road, Rooms 2001-2002, 20th Floor, China Resources Building, Wanchai, HKG
China Resources Power, or CR Power, is one of China's largest independent power producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants and thermal power (coal-fired and gas-fired) plants, which are situated mostly in eastern, central and southern China, with a total attributable operational generation capacity of about 59.8 gigawatts as of end-2023. Renewable energy accounts for about 37.8% of its capacity. China Resources Holdings, a key state-owned conglomerate, owns approximately 62.9% of CR Power's shares outstanding.

China Resources Power Holdings Co Headlines

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