Kangda International Environmental Co (HKSE:06136) Days Payable : 628.99 (As of Dec. 2023)

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What is Kangda International Environmental Co Days Payable?

Kangda International Environmental Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$2,232 Mil. Kangda International Environmental Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$648 Mil. Hence, Kangda International Environmental Co's Days Payable for the six months ended in Dec. 2023 was 628.99.

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

HKSE:06136' s Days Payable Range Over the Past 10 Years
Min: 213.61 Med: 313.68 Max: 691.5
Current: 681.66

During the past 11 years, Kangda International Environmental Co's highest Days Payable was 691.50. The lowest was 213.61. And the median was 313.68.

HKSE:06136's Days Payable is ranked better than
96.76% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.43 vs HKSE:06136: 681.66

Kangda International Environmental Co's Days Payable increased from Dec. 2022 (618.73) to Dec. 2023 (628.99). It may suggest that Kangda International Environmental Co delayed paying its suppliers.

Kangda International Environmental Co Days Payable Historical Data

The historical data trend for Kangda International Environmental 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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Kangda International Environmental Co Days Payable Chart

Kangda International Environmental Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

380.12

339.07

466.17

505.71

691.50

Kangda International Environmental Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															468.67	427.35	618.73	728.30	628.99

Competitive Comparison of Kangda International Environmental Co's Days Payable

For the Utilities - Regulated Water subindustry, Kangda International Environmental 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.

Kangda International Environmental Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kangda International Environmental Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kangda International Environmental Co's Days Payable falls into.

Kangda International Environmental 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.

Kangda International Environmental 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
=	( (2524.022	+	2202.14)	/	2 )	/	1247.331	*	365
=	2363.081					/	1247.331	*	365
=	691.50

Kangda International Environmental Co'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
=	( (2262.212	+	2202.14)	/	2 )	/	647.66	*	365 / 2
=	2232.176					/	647.66	*	365 / 2
=	628.99

Kangda International Environmental Co Days Payable Related Terms

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Kangda International Environmental Co (HKSE:06136) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Kangda International Environmental Co Ltd (HKSE:06136) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72, Avenue of Stars, High-Tech Park, North New Zone, Chongqing, CHN

Website

http://www.kangdaep.com

Kangda International Environmental Co Ltd provides water and waste treatment, new energy development, and environmental protection equipment. The company has three reportable segments namely Urban Water Treatment, Water Environment Comprehensive Remediation and Rural Water Improvement. It generates maximum revenue from the Urban Water Treatment segment. Geographically, it derives revenue from Mainland China. It serves various sectors of the water industry such as integrated watershed management, sponge cities, reclaimed water, sludge, heat pump, and photovoltaic.

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