Tianjin Jinran Public Utilities Co (HKSE:01265) Days Payable : 42.77 (As of Jun. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Tianjin Jinran Public Utilities Co Days Payable?

Tianjin Jinran Public Utilities Co's average Accounts Payable for the six months ended in Jun. 2024 was HK$227 Mil. Tianjin Jinran Public Utilities Co's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$968 Mil. Hence, Tianjin Jinran Public Utilities Co's Days Payable for the six months ended in Jun. 2024 was 42.77.

The historical rank and industry rank for Tianjin Jinran Public Utilities Co's Days Payable or its related term are showing as below:

HKSE:01265' s Days Payable Range Over the Past 10 Years
Min: 12.03 Med: 67.09 Max: 90.51
Current: 36.94

During the past 13 years, Tianjin Jinran Public Utilities Co's highest Days Payable was 90.51. The lowest was 12.03. And the median was 67.09.

HKSE:01265's Days Payable is ranked worse than
78.06% of 474 companies
in the Utilities - Regulated industry
Industry Median: 67.09 vs HKSE:01265: 36.94

Tianjin Jinran Public Utilities Co's Days Payable declined from Jun. 2023 (54.58) to Jun. 2024 (42.77). It may suggest that Tianjin Jinran Public Utilities Co accelerated paying its suppliers.

Tianjin Jinran Public Utilities Co Days Payable Historical Data

The historical data trend for Tianjin Jinran Public Utilities 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.

Tianjin Jinran Public Utilities Co Days Payable Chart

Tianjin Jinran Public Utilities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

90.51

78.78

47.80

63.50

72.93

Tianjin Jinran Public Utilities Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															29.80	50.43	54.58	43.02	42.77

Competitive Comparison of Tianjin Jinran Public Utilities Co's Days Payable

For the Utilities - Regulated Gas subindustry, Tianjin Jinran Public Utilities 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.

Tianjin Jinran Public Utilities Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tianjin Jinran Public Utilities Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tianjin Jinran Public Utilities Co's Days Payable falls into.

Tianjin Jinran Public Utilities 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.

Tianjin Jinran Public Utilities 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
=	( (484.845	+	324.723)	/	2 )	/	2025.766	*	365
=	404.784					/	2025.766	*	365
=	72.93

Tianjin Jinran Public Utilities Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (324.723	+	128.772)	/	2 )	/	967.507	*	365 / 2
=	226.7475					/	967.507	*	365 / 2
=	42.77

Tianjin Jinran Public Utilities Co Days Payable Related Terms

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

Tianjin Jinran Public Utilities Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tianjin Jinran Public Utilities Co Ltd (HKSE:01265) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28 Nankai Fourth Road, 5th Floor, Court A, Nankai District, Tianjin, CHN

Website

http://www.jinrangongyong.com

Tianjin Jinran Public Utilities Co Ltd is engaged in the sale of piped natural gas, the sale of natural gas appliances, natural gas pipeline grid connection, and natural gas transportation via pipelines, while principal operation activities include the sale and distribution of piped gas, the lease of pipelines, the operation and management of gas pipeline infrastructure, the sale and installation of gas appliances, the lease of self-owned buildings and facilities of gas stations. Its segments include Sales of piped gas; Gas connection; Gas transportation; Sales of gas appliances and others; and Gas pipeline rent. It derives the majority of the revenue from Sales of the piped gas segment.

Tianjin Jinran Public Utilities Co Headlines

No Headlines