Jinchuan Group International Resources Co (HKSE:02362) Days Payable : 41.14 (As of Jun. 2024)

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What is Jinchuan Group International Resources Co Days Payable?

Jinchuan Group International Resources Co's average Accounts Payable for the six months ended in Jun. 2024 was HK$423 Mil. Jinchuan Group International Resources Co's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$1,874 Mil. Hence, Jinchuan Group International Resources Co's Days Payable for the six months ended in Jun. 2024 was 41.14.

The historical rank and industry rank for Jinchuan Group International Resources Co's Days Payable or its related term are showing as below:

HKSE:02362' s Days Payable Range Over the Past 10 Years
Min: 10.57 Med: 31.38 Max: 56.63
Current: 52.72

During the past 13 years, Jinchuan Group International Resources Co's highest Days Payable was 56.63. The lowest was 10.57. And the median was 31.38.

HKSE:02362's Days Payable is ranked worse than
72.14% of 1041 companies
in the Metals & Mining industry
Industry Median: 129.57 vs HKSE:02362: 52.72

Jinchuan Group International Resources Co's Days Payable declined from Jun. 2023 (65.48) to Jun. 2024 (41.14). It may suggest that Jinchuan Group International Resources Co accelerated paying its suppliers.

Jinchuan Group International Resources Co Days Payable Historical Data

The historical data trend for Jinchuan Group International Resources 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.

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Jinchuan Group International Resources Co Days Payable Chart

Jinchuan Group International Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

22.30

21.94

21.47

31.97

50.78

Jinchuan Group International Resources 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															19.62	35.23	65.48	56.95	41.14

Competitive Comparison of Jinchuan Group International Resources Co's Days Payable

For the Copper subindustry, Jinchuan Group International Resources 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.

Jinchuan Group International Resources Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jinchuan Group International Resources Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jinchuan Group International Resources Co's Days Payable falls into.

Jinchuan Group International Resources 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.

Jinchuan Group International Resources 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
=	( (800.417	+	434.147)	/	2 )	/	4436.833	*	365
=	617.282					/	4436.833	*	365
=	50.78

Jinchuan Group International Resources 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
=	( (434.147	+	410.884)	/	2 )	/	1874.291	*	365 / 2
=	422.5155					/	1874.291	*	365 / 2
=	41.14

Jinchuan Group International Resources Co Days Payable Related Terms

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Jinchuan Group International Resources Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jinchuan Group International Resources Co Ltd (HKSE:02362) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GDZD:Germany

Address

95 Queensway, Unit 3101, 31st Floor, United Centre, Hong Kong, HKG

Website

http://www.jinchuan-intl.com

Jinchuan Group International Resources Co Ltd, through its subsidiaries, is engaged in mining operations including the production of copper and cobalt. The group's mining operations include two operating mines (Ruashi Mine and Kinsenda Mine), one project at the development stage (Musonoi Project), one exploration project (Lubembe Project), and one mine leased out under a finance lease agreement (Chibuluma South Mine (including Chifupu Deposit)). Geographically, it derives a majority of its revenue from Hong Kong.

Executives

Jin Chuan Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Gan Su Sheng Xin Ye Zi Chan Jing Ying You Xian Ze Ren Gong Si	2101 Beneficial owner
Gan Su Sheng Jing Ji He Zuo Zong Gong Si	2101 Beneficial owner

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