China Longyuan Power Group (HKSE:00916) Days Payable : 280.15 (As of Sep. 2024)

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What is China Longyuan Power Group Days Payable?

China Longyuan Power Group's average Accounts Payable for the three months ended in Sep. 2024 was HK$17,097 Mil. China Longyuan Power Group's Cost of Goods Sold for the three months ended in Sep. 2024 was HK$5,569 Mil. Hence, China Longyuan Power Group's Days Payable for the three months ended in Sep. 2024 was 280.15.

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

HKSE:00916' s Days Payable Range Over the Past 10 Years
Min: 181.67 Med: 209.45 Max: 249.41
Current: 239.41

During the past 13 years, China Longyuan Power Group's highest Days Payable was 249.41. The lowest was 181.67. And the median was 209.45.

HKSE:00916's Days Payable is ranked better than
79.58% of 382 companies
in the Utilities - Independent Power Producers industry
Industry Median: 82.855 vs HKSE:00916: 239.41

China Longyuan Power Group's Days Payable increased from Sep. 2023 (192.77) to Sep. 2024 (280.15). It may suggest that China Longyuan Power Group delayed paying its suppliers.

China Longyuan Power Group Days Payable Historical Data

The historical data trend for China Longyuan Power 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 Longyuan Power Group Days Payable Chart

China Longyuan Power Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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194.35

200.46

179.27

204.02

233.25

China Longyuan Power Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															192.77	207.54	257.91	242.55	280.15

Competitive Comparison of China Longyuan Power Group's Days Payable

For the Utilities - Renewable subindustry, China Longyuan Power 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 Longyuan Power Group's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Longyuan Power Group's Days Payable distribution charts can be found below:

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

China Longyuan Power 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 Longyuan Power 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
=	( (14541.351	+	18948.305)	/	2 )	/	26202.953	*	365
=	16744.828					/	26202.953	*	365
=	233.25

China Longyuan Power Group's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (17457.483	+	16736.873)	/	2 )	/	5568.8	*	365 / 4
=	17097.178					/	5568.8	*	365 / 4
=	280.15

China Longyuan Power Group Days Payable Related Terms

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China Longyuan Power Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Longyuan Power Group Corp Ltd (HKSE:00916) » Definitions » Days Payable

Traded in Other Exchanges

CLPXY:USA CLPXF:USA 6WX:Germany 001289:China

Address

6 Fuchengmen North Street, Room 2006, 20th Floor, Block C, Xicheng District, Beijing, CHN

Website

http://www.clypg.com.cn

Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 27.8 gigawatts as of end-2023. It has wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns two coal-fired power plants in Jiangsu and operates other renewable assets such as solar, geothermal, and tidal energy on a limited scale. The consolidated installed capacity mix is about 78% wind, 5% thermal, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.

Executives

Blackrock, Inc.	2201 Interest of corporation controlled by you
Citigroup Inc.	2502 Approved lending agent
Gic Private Limited	2102 Investment manager
Wellington Management Group Llp	2102 Investment manager
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Lazard Asset Management Llc	2102 Investment manager

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