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Long Yuan Construction Group Co (SHSE:600491) Days Payable : 691.78 (As of Sep. 2024)


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What is Long Yuan Construction Group Co Days Payable?

Long Yuan Construction Group Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥11,038 Mil. Long Yuan Construction Group Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥1,456 Mil. Hence, Long Yuan Construction Group Co's Days Payable for the three months ended in Sep. 2024 was 691.78.

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

SHSE:600491' s Days Payable Range Over the Past 10 Years
Min: 174   Med: 323.52   Max: 683.95
Current: 588.41

During the past 13 years, Long Yuan Construction Group Co's highest Days Payable was 683.95. The lowest was 174.00. And the median was 323.52.

SHSE:600491's Days Payable is ranked better than
95.63% of 1672 companies
in the Construction industry
Industry Median: 75.855 vs SHSE:600491: 588.41

Long Yuan Construction Group Co's Days Payable increased from Sep. 2023 (622.07) to Sep. 2024 (691.78). It may suggest that Long Yuan Construction Group Co delayed paying its suppliers.


Long Yuan Construction Group Co Days Payable Historical Data

The historical data trend for Long Yuan Construction 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.

* Premium members only.

Long Yuan Construction Group Co Days Payable Chart

Long Yuan Construction Group 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 333.41 394.19 381.75 517.79 683.95

Long Yuan Construction Group 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 622.07 684.59 454.85 566.42 691.78

Competitive Comparison of Long Yuan Construction Group Co's Days Payable

For the Engineering & Construction subindustry, Long Yuan Construction 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.


Long Yuan Construction Group Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Long Yuan Construction Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Long Yuan Construction Group Co's Days Payable falls into.



Long Yuan Construction 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.

Long Yuan Construction 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
=( (16432.404 + 11633.834) / 2 ) / 7488.955*365
=14033.119 / 7488.955*365
=683.95

Long Yuan Construction Group 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
=( (11181.727 + 10894.098) / 2 ) / 1455.97*365 / 4
=11037.9125 / 1455.97*365 / 4
=691.78

* 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.


Long Yuan Construction Group Co Days Payable Related Terms

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Long Yuan Construction Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 768 Yixian Road, Shanghai, Shanghai, CHN, 200434
Long Yuan Construction Group Co Ltd operates as a construction company in China. It constructs a stadium, housing, university and school, and medical projects, as well as factory, high-rise office, and hotel/commercial buildings; and flyovers, roads, expressways, and bridges.
Executives
Lai Zhen Yuan Director
Lai Chao Hui Directors, senior managers
Zhang Li senior management
Yan Li Qun senior management
Meng Qing Fu senior management
Wang De Hua senior management
Qian Shui Jiang senior management
Qu Ying Supervisors
Zhu Rui Liang senior management

Long Yuan Construction Group Co Headlines

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