JY Gas (HKSE:01407) Days Payable : 42.37 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is JY Gas Days Payable?

JY Gas's average Accounts Payable for the six months ended in Dec. 2023 was HK$41.9 Mil. JY Gas's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$180.5 Mil. Hence, JY Gas's Days Payable for the six months ended in Dec. 2023 was 42.37.

The historical rank and industry rank for JY Gas's Days Payable or its related term are showing as below:

HKSE:01407' s Days Payable Range Over the Past 10 Years
Min: 25.67 Med: 28.53 Max: 43.87
Current: 41.89

During the past 5 years, JY Gas's highest Days Payable was 43.87. The lowest was 25.67. And the median was 28.53.

HKSE:01407's Days Payable is ranked worse than
73.09% of 498 companies
in the Utilities - Regulated industry
Industry Median: 66.43 vs HKSE:01407: 41.89

JY Gas's Days Payable increased from Dec. 2022 (37.47) to Dec. 2023 (42.37). It may suggest that JY Gas delayed paying its suppliers.

JY Gas Days Payable Historical Data

The historical data trend for JY Gas'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.

JY Gas Days Payable Chart

JY Gas Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

25.67

28.53

26.50

34.74

43.87

JY Gas Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	30.41	37.47	39.49	42.37

Competitive Comparison of JY Gas's Days Payable

For the Utilities - Regulated Gas subindustry, JY Gas'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.

JY Gas's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, JY Gas's Days Payable distribution charts can be found below:

* The bar in red indicates where JY Gas's Days Payable falls into.

JY Gas 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.

JY Gas'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
=	( (43.659	+	45.352)	/	2 )	/	370.329	*	365
=	44.5055					/	370.329	*	365
=	43.87

JY Gas'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
=	( (38.482	+	45.352)	/	2 )	/	180.54	*	365 / 2
=	41.917					/	180.54	*	365 / 2
=	42.37

JY Gas Days Payable Related Terms

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

JY Gas (HKSE:01407) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » JY Gas Ltd (HKSE:01407) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2568 Shi’an Road (West), 3rd Floor, Jiaoyun Group Building, Gaomi City, Weifang Municipality, Shandong Provinc, Weifang, CHN

Website

http://www.gmjytrq.com

JY Gas Ltd is a natural gas operator in Gaomi City, Weifang Municipality of Shandong Province. The company derives revenue from the sale of natural gas. Natural gas which it sells includes pipeline natural gas, compressed natural gas and liquefied natural gas. The sale of pipelined natural gas is its principal business.

Executives

Luan Xiaolong	2201 Interest of corporation controlled by you
Zhou Zhan	2202 Interest of your spouse
Lxl Phoenix Limited	2101 Beneficial owner
Cui Shuhua	2202 Interest of your spouse
Llj Phoenix Limited	2101 Beneficial owner
Luan Linjiang	2201 Interest of corporation controlled by you
Sdjy Holding Limited	2201 Interest of corporation controlled by you
Segm Holding Limited	2101 Beneficial owner

JY Gas (HKSE:01407) Headlines

No Headlines