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China Water Industry Group (FRA:HAU2) Days Payable : 288.59 (As of Dec. 2023)


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What is China Water Industry Group Days Payable?

China Water Industry Group's average Accounts Payable for the six months ended in Dec. 2023 was €51.10 Mil. China Water Industry Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €32.31 Mil. Hence, China Water Industry Group's Days Payable for the six months ended in Dec. 2023 was 288.59.

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

FRA:HAU2' s Days Payable Range Over the Past 10 Years
Min: 22.76   Med: 66.13   Max: 306.64
Current: 300.33

During the past 13 years, China Water Industry Group's highest Days Payable was 306.64. The lowest was 22.76. And the median was 66.13.

FRA:HAU2's Days Payable is ranked better than
90.18% of 499 companies
in the Utilities - Regulated industry
Industry Median: 66.38 vs FRA:HAU2: 300.33

China Water Industry Group's Days Payable increased from Dec. 2022 (130.63) to Dec. 2023 (288.59). It may suggest that China Water Industry Group delayed paying its suppliers.


China Water Industry Group Days Payable Historical Data

The historical data trend for China Water Industry 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.

* Premium members only.

China Water Industry Group Days Payable Chart

China Water Industry Group 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 75.10 128.54 110.38 139.97 311.93

China Water Industry Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 96.80 75.33 130.63 311.01 288.59

Competitive Comparison of China Water Industry Group's Days Payable

For the Utilities - Regulated Water subindustry, China Water Industry 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 Water Industry Group's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Water Industry Group's Days Payable distribution charts can be found below:

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



China Water Industry 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 Water Industry 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
=( (59.15 + 51.146) / 2 ) / 64.531*365
=55.148 / 64.531*365
=311.93

China Water Industry 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
=( (51.049 + 51.146) / 2 ) / 32.313*365 / 2
=51.0975 / 32.313*365 / 2
=288.59

* 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 Water Industry Group Days Payable Related Terms

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China Water Industry Group (FRA:HAU2) Business Description

Traded in Other Exchanges
Address
Dashi First Road, Xili Community, Xili Street, Room 2204, 22nd Floor, Block A, Building 6, Shenzhen International Innovation Valley, Nanshan District, Shenzhen, CHN
China Water Industry Group Ltd is an investment holding company engaged in the water supplying and energy related business. The company operates in three business segments. Provision of water supply, sewage treatment, and construction services segment, which derives revenue from provision of water supply and sewage treatment operations and related construction services; Exploitation and sale of renewable energy segment, which derives revenues from the sale of electricity and compressed natural gas from biogas power plants; and Property investment and development segment that derives revenues from the sale of commercial and residential units.

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