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China Nonferrous Mining (HKSE:01258) Days Payable : 64.77 (As of Dec. 2024)


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What is China Nonferrous Mining Days Payable?

China Nonferrous Mining's average Accounts Payable for the six months ended in Dec. 2024 was HK$3,502 Mil. China Nonferrous Mining's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$9,868 Mil. Hence, China Nonferrous Mining's Days Payable for the six months ended in Dec. 2024 was 64.77.

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

HKSE:01258' s Days Payable Range Over the Past 10 Years
Min: 55.32   Med: 63.99   Max: 72.56
Current: 62.95

During the past 13 years, China Nonferrous Mining's highest Days Payable was 72.56. The lowest was 55.32. And the median was 63.99.

HKSE:01258's Days Payable is ranked worse than
67.09% of 1027 companies
in the Metals & Mining industry
Industry Median: 132 vs HKSE:01258: 62.95

China Nonferrous Mining's Days Payable declined from Dec. 2023 (67.08) to Dec. 2024 (64.77). It may suggest that China Nonferrous Mining accelerated paying its suppliers.


China Nonferrous Mining Days Payable Historical Data

The historical data trend for China Nonferrous Mining'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 Nonferrous Mining Days Payable Chart

China Nonferrous Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.85 62.37 63.68 72.56 64.29

China Nonferrous Mining Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 58.75 72.60 67.08 60.33 64.77

Competitive Comparison of China Nonferrous Mining's Days Payable

For the Copper subindustry, China Nonferrous Mining'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 Nonferrous Mining's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Nonferrous Mining's Days Payable distribution charts can be found below:

* The bar in red indicates where China Nonferrous Mining's Days Payable falls into.


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China Nonferrous Mining 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 Nonferrous Mining's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (4153.712 + 3423.918) / 2 ) / 21511.524*365
=3788.815 / 21511.524*365
=64.29

China Nonferrous Mining's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (3580.815 + 3423.918) / 2 ) / 9868.464*365 / 2
=3502.3665 / 9868.464*365 / 2
=64.77

* 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 Nonferrous Mining Days Payable Related Terms

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China Nonferrous Mining Business Description

Traded in Other Exchanges
Address
32 Enos Chomba Road, Kitwe, ZMB
China Nonferrous Mining Corp Ltd is a Company with its subsidiaries are principally engaged in exploration, mining, ore processing, leaching, smelting of copper and cobalt, and sale of copper cathodes, blister copper and copper anodes, copper-cobalt alloy, cobaltous hydroxide and sulfuric acid. Its operating segments are Leaching and Smelting. The majority of the company's revenue is derived from the Smelting segment. The smelting segment includes the production and sale of blister and copper anodes. Geographically, it derives a majority of revenue from Mainland China.
Executives
Zhong Guo You Se Kuang Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo You Se Jin Shu Jian She Gu Fen You Xian Gong Si 2101 Beneficial owner

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