Dongfang Electric (Dongfang Electric) Days Payable : 258.17 (As of Mar. 2024)

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What is Dongfang Electric Days Payable?

Dongfang Electric's average Accounts Payable for the three months ended in Mar. 2024 was $4,730 Mil. Dongfang Electric's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,672 Mil. Hence, Dongfang Electric's Days Payable for the three months ended in Mar. 2024 was 258.17.

The historical rank and industry rank for Dongfang Electric's Days Payable or its related term are showing as below:

DNGFF' s Days Payable Range Over the Past 10 Years
Min: 182.19 Med: 225.21 Max: 262.7
Current: 251.76

During the past 13 years, Dongfang Electric's highest Days Payable was 262.70. The lowest was 182.19. And the median was 225.21.

DNGFF's Days Payable is ranked better than
92.45% of 2928 companies
in the Industrial Products industry
Industry Median: 76.5 vs DNGFF: 251.76

Dongfang Electric's Days Payable increased from Mar. 2023 (228.65) to Mar. 2024 (258.17). It may suggest that Dongfang Electric delayed paying its suppliers.

Dongfang Electric Days Payable Historical Data

The historical data trend for Dongfang Electric'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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Dongfang Electric Days Payable Chart

Dongfang Electric Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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225.12

207.56

179.93

199.20

226.76

Dongfang Electric 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															228.65	248.23	268.48	242.63	258.17

Competitive Comparison of Dongfang Electric's Days Payable

For the Specialty Industrial Machinery subindustry, Dongfang Electric'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.

Dongfang Electric's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dongfang Electric's Days Payable distribution charts can be found below:

* The bar in red indicates where Dongfang Electric's Days Payable falls into.

Dongfang Electric 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.

Dongfang Electric'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
=	( (3927.4	+	4649.499)	/	2 )	/	6902.677	*	365
=	4288.4495					/	6902.677	*	365
=	226.76

Dongfang Electric'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
=	( (4649.499	+	4810.115)	/	2 )	/	1671.749	*	365 / 4
=	4729.807					/	1671.749	*	365 / 4
=	258.17

Dongfang Electric Days Payable Related Terms

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Dongfang Electric (Dongfang Electric) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dongfang Electric Corp Ltd (OTCPK:DNGFF) » Definitions » Days Payable

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01072:Hong Kong DEU:Germany 600875:China

Address

18 Xixin Road, High-Tech District (Western District), Sichuan Province, Chengdu, CHN, 611731

Website

http://www.dec-ltd.cn

Dongfang Electric Corp Ltd is a Chinese company engaged in the manufacture and distribution of energy generation equipment. The company specialized in power equipment manufacturing and worldwide power projects contracting for thermal, hydro, nuclear, wind, gas turbine, and combined cycle power plants. major products and services delivered or provided by each of the five reporting segments are Clean and efficient energy equipment, Renewable energy equipment, Engineering and Trade, Modern manufacturing services, and Emerging growth industry. The company distributes its products within the domestic market and overseas markets. The majority of the firm's revenue gets generated through Clean and efficient energy equipment.

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