HY Energy Group Co (SHSE:600387) Days Payable : 54.21 (As of Mar. 2024)

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What is HY Energy Group Co Days Payable?

HY Energy Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥256 Mil. HY Energy Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥431 Mil. Hence, HY Energy Group Co's Days Payable for the three months ended in Mar. 2024 was 54.21.

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

SHSE:600387' s Days Payable Range Over the Past 10 Years
Min: 3.02 Med: 24.24 Max: 96.68
Current: 52.19

During the past 13 years, HY Energy Group Co's highest Days Payable was 96.68. The lowest was 3.02. And the median was 24.24.

SHSE:600387's Days Payable is ranked worse than
55.95% of 899 companies
in the Oil & Gas industry
Industry Median: 61.41 vs SHSE:600387: 52.19

HY Energy Group Co's Days Payable increased from Mar. 2023 (42.54) to Mar. 2024 (54.21). It may suggest that HY Energy Group Co delayed paying its suppliers.

HY Energy Group Co Days Payable Historical Data

The historical data trend for HY Energy 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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HY Energy Group Co Days Payable Chart

HY Energy Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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11.75

6.46

3.02

9.61

50.05

HY Energy Group 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															42.54	37.07	25.11	-	54.21

Competitive Comparison of HY Energy Group Co's Days Payable

For the Oil & Gas Refining & Marketing subindustry, HY Energy 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.

HY Energy Group Co's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, HY Energy Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where HY Energy Group Co's Days Payable falls into.

HY Energy 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.

HY Energy Group 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
=	( (268.18	+	242.586)	/	2 )	/	1862.349	*	365
=	255.383					/	1862.349	*	365
=	50.05

HY Energy Group 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
=	( (242.586	+	269.148)	/	2 )	/	430.728	*	365 / 4
=	255.867					/	430.728	*	365 / 4
=	54.21

HY Energy Group Co Days Payable Related Terms

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HY Energy Group Co (SHSE:600387) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HY Energy Group Co Ltd (SHSE:600387) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 788, Danfeng Road, Haiyue Building, Binjiang District, Zhejiang, Hangzhou, CHN

Website

http://www.chinahaiyue.com

HY Energy Group Co Ltd is a comprehensive energy enterprise mainly engaged in the energy industry investment in China. It's business layout involves energy warehousing, energy trade, retail terminal, fine chemical, among others. It owns companies such as Northern Petroleum, Ningbo Haiyue and Haiyue Asset Management.

Executives

Ceng Jia	Director
Lu Xiao Jun	Supervisors
Wang Bin	Director
Zhou Yong	senior management
Wu Zhi Biao	senior management
Han Chao	Supervisors
Tan Zhen	senior management
Qiu Guo Liang	senior management
Cheng Zhi Wei	Director
He Tao	Supervisors
Zhang Pei Hua	senior management
Chen Xian Jun	senior management
Tu Jian Ping	Director
Fu Zhi Xiao	Director
Xu Ming	Director

HY Energy Group Co (SHSE:600387) Headlines

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