Feishang Anthracite Resources (Feishang Anthracite Resources) Days Payable : 414.14 (As of Jun. 2023)

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What is Feishang Anthracite Resources Days Payable?

Feishang Anthracite Resources's average Accounts Payable for the six months ended in Jun. 2023 was $132.1 Mil. Feishang Anthracite Resources's Cost of Goods Sold for the six months ended in Jun. 2023 was $58.2 Mil. Hence, Feishang Anthracite Resources's Days Payable for the six months ended in Jun. 2023 was 414.14.

The historical rank and industry rank for Feishang Anthracite Resources's Days Payable or its related term are showing as below:

FSHRF' s Days Payable Range Over the Past 10 Years
Min: 230.67 Med: 357.29 Max: 539.89
Current: 455

During the past 13 years, Feishang Anthracite Resources's highest Days Payable was 539.89. The lowest was 230.67. And the median was 357.29.

FSHRF's Days Payable is ranked better than
91.27% of 126 companies
in the Other Energy Sources industry
Industry Median: 66.375 vs FSHRF: 455.00

Feishang Anthracite Resources's Days Payable increased from Jun. 2022 (324.44) to Jun. 2023 (414.14). It may suggest that Feishang Anthracite Resources delayed paying its suppliers.

Feishang Anthracite Resources Days Payable Historical Data

The historical data trend for Feishang Anthracite Resources'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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Feishang Anthracite Resources Days Payable Chart

Feishang Anthracite Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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315.18

421.15

386.76

328.79

451.92

Feishang Anthracite Resources 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															306.28	324.44	301.67	414.14	509.86

Competitive Comparison of Feishang Anthracite Resources's Days Payable

For the Thermal Coal subindustry, Feishang Anthracite Resources'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.

Feishang Anthracite Resources's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Feishang Anthracite Resources's Days Payable distribution charts can be found below:

* The bar in red indicates where Feishang Anthracite Resources's Days Payable falls into.

Feishang Anthracite Resources 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.

Feishang Anthracite Resources's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (113.508	+	130.097)	/	2 )	/	135.215	*	365
=	121.8025					/	135.215	*	365
=	328.79

Feishang Anthracite Resources's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (130.097	+	134.192)	/	2 )	/	58.233	*	365 / 2
=	132.1445					/	58.233	*	365 / 2
=	414.14

Feishang Anthracite Resources Days Payable Related Terms

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Feishang Anthracite Resources (Feishang Anthracite Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Feishang Anthracite Resources Ltd (OTCPK:FSHRF) » Definitions » Days Payable

Traded in Other Exchanges

01738:Hong Kong

Address

200 Connaught Road Central, Room 2205, 22 Floor, West Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG

Website

https://www.fsanthracite.com

Feishang Anthracite Resources Ltd is principally engaged in the acquisition, development, and construction of anthracite coal mines and the extraction and sale of anthracite coal in the People's Republic of China. It conducts its principal operation and derives revenues solely from Mainland China.

Feishang Anthracite Resources (Feishang Anthracite Resources) Headlines

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