Tian Jin Bohai Chemical Co (SHSE:600800) Days Payable : 34.34 (As of Jun. 2024)

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What is Tian Jin Bohai Chemical Co Days Payable?

Tian Jin Bohai Chemical Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥489 Mil. Tian Jin Bohai Chemical Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥1,298 Mil. Hence, Tian Jin Bohai Chemical Co's Days Payable for the three months ended in Jun. 2024 was 34.34.

The historical rank and industry rank for Tian Jin Bohai Chemical Co's Days Payable or its related term are showing as below:

SHSE:600800' s Days Payable Range Over the Past 10 Years
Min: 14.22 Med: 160.28 Max: 328.48
Current: 29.75

During the past 13 years, Tian Jin Bohai Chemical Co's highest Days Payable was 328.48. The lowest was 14.22. And the median was 160.28.

SHSE:600800's Days Payable is ranked worse than
88.38% of 2944 companies
in the Industrial Products industry
Industry Median: 75.425 vs SHSE:600800: 29.75

Tian Jin Bohai Chemical Co's Days Payable increased from Jun. 2023 (24.96) to Jun. 2024 (34.34). It may suggest that Tian Jin Bohai Chemical Co delayed paying its suppliers.

Tian Jin Bohai Chemical Co Days Payable Historical Data

The historical data trend for Tian Jin Bohai Chemical 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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Tian Jin Bohai Chemical Co Days Payable Chart

Tian Jin Bohai Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

14.22

30.77

25.59

19.63

35.38

Tian Jin Bohai Chemical Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															24.96	23.45	32.38	28.47	34.34

Competitive Comparison of Tian Jin Bohai Chemical Co's Days Payable

For the Business Equipment & Supplies subindustry, Tian Jin Bohai Chemical 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.

Tian Jin Bohai Chemical Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tian Jin Bohai Chemical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tian Jin Bohai Chemical Co's Days Payable falls into.

Tian Jin Bohai Chemical 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.

Tian Jin Bohai Chemical 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
=	( (276.78	+	413.243)	/	2 )	/	3559.023	*	365
=	345.0115					/	3559.023	*	365
=	35.38

Tian Jin Bohai Chemical Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (468.53	+	508.595)	/	2 )	/	1298.094	*	365 / 4
=	488.5625					/	1298.094	*	365 / 4
=	34.34

Tian Jin Bohai Chemical Co Days Payable Related Terms

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Tian Jin Bohai Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tian Jin Bohai Chemical Co Ltd (SHSE:600800) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 325 Jiefang South Raod, Hexi District, Tianjin, CHN, 300202

Website

http://www.gmcc.com.cn

Tian Jin Bohai Chemical Co Ltd formerly Tianjin Global Magnetic Card Co Ltd is engaged in card production, relative implement and application system, securities printing and packing productions. It offers a range of product that includes Bank Card, Telecom Card, Social Card and Integrates Circuit Card or IC Card. The company is also involved in electronic information, fine chemical industry, biology engineering.

Executives

Qi Yun Lai	Supervisors
Hao Lian Jiu	Director
Li En Yuan	Supervisors
Li Bao Lin	senior management

Tian Jin Bohai Chemical Co Headlines

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