China Risun Group (FRA:45Y) Days Payable : 52.04 (As of Dec. 2023)

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What is China Risun Group Days Payable?

China Risun Group's average Accounts Payable for the six months ended in Dec. 2023 was €857 Mil. China Risun Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €3,006 Mil. Hence, China Risun Group's Days Payable for the six months ended in Dec. 2023 was 52.04.

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

FRA:45Y' s Days Payable Range Over the Past 10 Years
Min: 19.6 Med: 93.98 Max: 192.03
Current: 65.45

During the past 9 years, China Risun Group's highest Days Payable was 192.03. The lowest was 19.60. And the median was 93.98.

FRA:45Y's Days Payable is ranked better than
54.83% of 1501 companies
in the Chemicals industry
Industry Median: 60.44 vs FRA:45Y: 65.45

China Risun Group's Days Payable declined from Dec. 2022 (55.51) to Dec. 2023 (52.04). It may suggest that China Risun Group accelerated paying its suppliers.

China Risun Group Days Payable Historical Data

The historical data trend for China Risun Group'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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China Risun Group Days Payable Chart

China Risun Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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92.10

35.10

19.10

55.23

80.07

China Risun Group Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial										19.76	20.62	55.51	68.42	52.04

Competitive Comparison of China Risun Group's Days Payable

For the Chemicals subindustry, China Risun Group'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 Risun Group's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Risun Group's Days Payable distribution charts can be found below:

* The bar in red indicates where China Risun Group's Days Payable falls into.

China Risun Group 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 Risun Group'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
=	( (1281.464	+	1126.776)	/	2 )	/	5489.125	*	365
=	1204.12					/	5489.125	*	365
=	80.07

China Risun Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (587.286	+	1126.776)	/	2 )	/	3005.72	*	365 / 2
=	857.031					/	3005.72	*	365 / 2
=	52.04

China Risun Group Days Payable Related Terms

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China Risun Group (FRA:45Y) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Risun Group Ltd (FRA:45Y) » Definitions » Days Payable

Traded in Other Exchanges

01907:Hong Kong

Address

Sihezhuang No. 2 Road, Building 1, Risun Plaza, Huaxiang Town, Fengtai District, Beijing, CHN, 100070

Website

http://www.risun.com

China Risun Group Ltd is an integrated coke, coking chemical, and refined chemical producer and supplier in China. The company's business segments are Coke and Coking Chemicals, Refined Chemicals, Operation management, and Trading. It generates maximum revenue from Coke and Coking Chemicals segment. It also produces coking chemical products mainly coal tar, coke oven gas, and crude benzene.

China Risun Group (FRA:45Y) Headlines

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