Sichuan Road & Bridge Co (SHSE:600039) Days Payable : 356.13 (As of Mar. 2024)

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What is Sichuan Road & Bridge Co Days Payable?

Sichuan Road & Bridge Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥72,646 Mil. Sichuan Road & Bridge Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥18,614 Mil. Hence, Sichuan Road & Bridge Co's Days Payable for the three months ended in Mar. 2024 was 356.13.

The historical rank and industry rank for Sichuan Road & Bridge Co's Days Payable or its related term are showing as below:

SHSE:600039' s Days Payable Range Over the Past 10 Years
Min: 145.4 Med: 159.55 Max: 301.37
Current: 301.37

During the past 13 years, Sichuan Road & Bridge Co's highest Days Payable was 301.37. The lowest was 145.40. And the median was 159.55.

SHSE:600039's Days Payable is ranked better than
89.46% of 1603 companies
in the Construction industry
Industry Median: 74.1 vs SHSE:600039: 301.37

Sichuan Road & Bridge Co's Days Payable increased from Mar. 2023 (225.04) to Mar. 2024 (356.13). It may suggest that Sichuan Road & Bridge Co delayed paying its suppliers.

Sichuan Road & Bridge Co Days Payable Historical Data

The historical data trend for Sichuan Road & Bridge 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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Sichuan Road & Bridge Co Days Payable Chart

Sichuan Road & Bridge Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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159.98

169.22

152.22

175.79

273.56

Sichuan Road & Bridge Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															225.04	212.31	369.78	346.88	356.13

Competitive Comparison of Sichuan Road & Bridge Co's Days Payable

For the Engineering & Construction subindustry, Sichuan Road & Bridge 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.

Sichuan Road & Bridge Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sichuan Road & Bridge Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sichuan Road & Bridge Co's Days Payable falls into.

Sichuan Road & Bridge 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.

Sichuan Road & Bridge 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
=	( (64227.305	+	76932.054)	/	2 )	/	94170.562	*	365
=	70579.6795					/	94170.562	*	365
=	273.56

Sichuan Road & Bridge Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (76932.054	+	68359.457)	/	2 )	/	18613.859	*	365 / 4
=	72645.7555					/	18613.859	*	365 / 4
=	356.13

Sichuan Road & Bridge Co Days Payable Related Terms

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Sichuan Road & Bridge Co (SHSE:600039) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sichuan Road & Bridge Co Ltd (SHSE:600039) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11 Gao Peng Avenue, No. F-59, Science & Technology Industrial Park, High-Tech Zone, Sichuan Province, Chengdu, CHN, 610041

Website

http://www.scrbc.com.cn

Sichuan Road & Bridge Co Ltd is a China-based company engaged in the investigation, design, construction, conservation, and management of highways.

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