Hubei Xingfa Chemicals Group Co (SHSE:600141) Days Payable : 91.21 (As of Mar. 2025)

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What is Hubei Xingfa Chemicals Group Co Days Payable?

Hubei Xingfa Chemicals Group Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥6,291 Mil. Hubei Xingfa Chemicals Group Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥6,294 Mil. Hence, Hubei Xingfa Chemicals Group Co's Days Payable for the three months ended in Mar. 2025 was 91.21.

The historical rank and industry rank for Hubei Xingfa Chemicals Group Co's Days Payable or its related term are showing as below:

SHSE:600141' s Days Payable Range Over the Past 10 Years
Min: 51.69 Med: 70.75 Max: 98.02
Current: 98.02

During the past 13 years, Hubei Xingfa Chemicals Group Co's highest Days Payable was 98.02. The lowest was 51.69. And the median was 70.75.

SHSE:600141's Days Payable is ranked better than
72.28% of 1526 companies
in the Chemicals industry
Industry Median: 61.24 vs SHSE:600141: 98.02

Hubei Xingfa Chemicals Group Co's Days Payable declined from Mar. 2024 (92.61) to Mar. 2025 (91.21). It may suggest that Hubei Xingfa Chemicals Group Co accelerated paying its suppliers.

Hubei Xingfa Chemicals Group Co Days Payable Historical Data

The historical data trend for Hubei Xingfa Chemicals Group 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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Hubei Xingfa Chemicals Group Co Days Payable Chart

Hubei Xingfa Chemicals Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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70.71

88.25

83.93

81.01

96.90

Hubei Xingfa Chemicals Group Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															92.61	105.13	82.19	123.37	91.21

Competitive Comparison of Hubei Xingfa Chemicals Group Co's Days Payable

For the Chemicals subindustry, Hubei Xingfa Chemicals Group 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.

Hubei Xingfa Chemicals Group Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hubei Xingfa Chemicals Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hubei Xingfa Chemicals Group Co's Days Payable falls into.

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Hubei Xingfa Chemicals Group 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.

Hubei Xingfa Chemicals Group Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (5957.082	+	6177.729)	/	2 )	/	22854.052	*	365
=	6067.4055					/	22854.052	*	365
=	96.90

Hubei Xingfa Chemicals Group Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (6177.729	+	6404.357)	/	2 )	/	6293.542	*	365 / 4
=	6291.043					/	6293.542	*	365 / 4
=	91.21

Hubei Xingfa Chemicals Group Co Days Payable Related Terms

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Hubei Xingfa Chemicals Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hubei Xingfa Chemicals Group Co Ltd (SHSE:600141) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 188-9 Yanjiang Avenue, Xingfa Building, Wujia District, Hubei, Yichang City, CHN, 443700

Website

https://www.xingfagroup.com

Hubei Xingfa Chemicals Group Co Ltd is engaged in the Mining and sales of phosphate rock, the production and sales of chemical products such as fine phosphates, phosphate fertilizers, organophosphorus pesticides, silicones and electronic chemicals.

Executives

Bao Bo Ying	senior management
Hu Kun Yi	Director
Lu Ming Qing	senior management
Cheng Ya Li	Director
Liu Chang	senior management
Li Mei Hui	Supervisors
Yang Tie Jun	senior management
Chen Fang	Supervisors
Gong Jun	Supervisors
Xie Juan	Supervisors
Wang Jie	Director
Yuan Bing	Director
Shu Long	Director
Ni Xiao Shan	senior management
Li Shao Ping	senior management

Hubei Xingfa Chemicals Group Co Headlines

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