China Huarong Energy Co (FRA:XYTA) Days Payable : 2,171.54 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is China Huarong Energy Co Days Payable?

China Huarong Energy Co's average Accounts Payable for the six months ended in Dec. 2023 was €34.23 Mil. China Huarong Energy Co's Cost of Goods Sold for the six months ended in Dec. 2023 was €2.88 Mil. Hence, China Huarong Energy Co's Days Payable for the six months ended in Dec. 2023 was 2,171.54.

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

FRA:XYTA' s Days Payable Range Over the Past 10 Years
Min: 349.04 Med: 2099.05 Max: 15982.96
Current: 1910.52

During the past 13 years, China Huarong Energy Co's highest Days Payable was 15982.96. The lowest was 349.04. And the median was 2099.05.

FRA:XYTA's Days Payable is ranked better than
96.44% of 900 companies
in the Oil & Gas industry
Industry Median: 60.89 vs FRA:XYTA: 1910.52

China Huarong Energy Co's Days Payable increased from Dec. 2022 (1,595.85) to Dec. 2023 (2,171.54). It may suggest that China Huarong Energy Co delayed paying its suppliers.

China Huarong Energy Co Days Payable Historical Data

The historical data trend for China Huarong Energy 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 Huarong Energy Co Days Payable Chart

China Huarong Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

3,354.39

2,413.11

341.75

1,689.26

1,917.50

China Huarong Energy Co 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															304.38	1,859.79	1,595.85	1,757.26	2,171.54

Competitive Comparison of China Huarong Energy Co's Days Payable

For the Oil & Gas E&P subindustry, China Huarong Energy 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 Huarong Energy Co's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Huarong Energy Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Huarong Energy Co's Days Payable falls into.

China Huarong Energy 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 Huarong Energy 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
=	( (35.907	+	33.081)	/	2 )	/	6.566	*	365
=	34.494					/	6.566	*	365
=	1,917.50

China Huarong Energy Co'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
=	( (35.385	+	33.081)	/	2 )	/	2.877	*	365 / 2
=	34.233					/	2.877	*	365 / 2
=	2,171.54

China Huarong Energy Co Days Payable Related Terms

Thank you for viewing the detailed overview of China Huarong Energy Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

China Huarong Energy Co (FRA:XYTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Huarong Energy Co Ltd (FRA:XYTA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

01101:Hong Kong

Address

6-8 Harbour Road, Suites 1508-10, 15th Floor, Shui On Centre, Wanchai, Hong Kong, HKG

Website

http://www.huarongenergy.com.hk

China Huarong Energy Co Ltd is a company principally engaged in the business of energy exploration and production focusing on oil and gas-related customers and markets. Its only segment is Energy Exploration and Production which is engaged in the sales of crude oil. The company projects include approximately four oilfields located in the Fergana Valley of the Republic of Kyrgyzstan. Geographically, it derives revenue from Kyrgyzstan.

China Huarong Energy Co (FRA:XYTA) Headlines

No Headlines