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Inner Mongolian Baotou Steel Union Co (SHSE:600010) Days Payable : 175.72 (As of Sep. 2024)


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What is Inner Mongolian Baotou Steel Union Co Days Payable?

Inner Mongolian Baotou Steel Union Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥26,476 Mil. Inner Mongolian Baotou Steel Union Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥13,749 Mil. Hence, Inner Mongolian Baotou Steel Union Co's Days Payable for the three months ended in Sep. 2024 was 175.72.

The historical rank and industry rank for Inner Mongolian Baotou Steel Union Co's Days Payable or its related term are showing as below:

SHSE:600010' s Days Payable Range Over the Past 10 Years
Min: 146.48   Med: 272.52   Max: 660.74
Current: 162.4

During the past 13 years, Inner Mongolian Baotou Steel Union Co's highest Days Payable was 660.74. The lowest was 146.48. And the median was 272.52.

SHSE:600010's Days Payable is ranked better than
92.7% of 603 companies
in the Steel industry
Industry Median: 40.36 vs SHSE:600010: 162.40

Inner Mongolian Baotou Steel Union Co's Days Payable increased from Sep. 2023 (160.85) to Sep. 2024 (175.72). It may suggest that Inner Mongolian Baotou Steel Union Co delayed paying its suppliers.


Inner Mongolian Baotou Steel Union Co Days Payable Historical Data

The historical data trend for Inner Mongolian Baotou Steel Union 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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Inner Mongolian Baotou Steel Union Co Days Payable Chart

Inner Mongolian Baotou Steel Union Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 263.77 225.20 146.48 167.53 166.43

Inner Mongolian Baotou Steel Union Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 160.85 166.27 151.70 157.90 175.72

Competitive Comparison of Inner Mongolian Baotou Steel Union Co's Days Payable

For the Steel subindustry, Inner Mongolian Baotou Steel Union 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.


Inner Mongolian Baotou Steel Union Co's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Inner Mongolian Baotou Steel Union Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Inner Mongolian Baotou Steel Union Co's Days Payable falls into.



Inner Mongolian Baotou Steel Union 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.

Inner Mongolian Baotou Steel Union 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
=( (30576.249 + 27519.834) / 2 ) / 63707.516*365
=29048.0415 / 63707.516*365
=166.43

Inner Mongolian Baotou Steel Union Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (27434.412 + 25517.522) / 2 ) / 13748.539*365 / 4
=26475.967 / 13748.539*365 / 4
=175.72

* 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.


Inner Mongolian Baotou Steel Union Co Days Payable Related Terms

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Inner Mongolian Baotou Steel Union Co Business Description

Traded in Other Exchanges
N/A
Address
Inner Mongolia Autonomous Region, Main Building of Baotou Steel Information Building, Hexi Industrial Zone, Kun District, Baotou, CHN, 014010
Inner Mongolian Baotou Steel Union Co Ltd is a steel company in China. Its products include hot rolled sheets, seamless pipes and heavy rails.
Executives
Lang Ji Long Director
Zhang Xiao Ping Director
Chen Gui Rong Supervisors
Zhou Yuan Ping senior management
Song Long Tang Director
Zou Yan Chun senior management
Zhang Wei Jiang Supervisors
Shi Kai Director
Cheng Yong Jiu senior management
Yu Zhang Zhi senior management
Bai Bao Sheng Director
Liu Zhen Gang Director
Li De Gang Director
Li Xiao Director
Xing Li Guang Supervisors

Inner Mongolian Baotou Steel Union Co Headlines

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