Hunan Chendian International Development Co (SHSE:600969) Days Payable : 71.59 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Hunan Chendian International Development Co Days Payable?

Hunan Chendian International Development Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥729 Mil. Hunan Chendian International Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥929 Mil. Hence, Hunan Chendian International Development Co's Days Payable for the three months ended in Mar. 2024 was 71.59.

The historical rank and industry rank for Hunan Chendian International Development Co's Days Payable or its related term are showing as below:

SHSE:600969' s Days Payable Range Over the Past 10 Years
Min: 29.81 Med: 36.87 Max: 75.19
Current: 73.54

During the past 13 years, Hunan Chendian International Development Co's highest Days Payable was 75.19. The lowest was 29.81. And the median was 36.87.

SHSE:600969's Days Payable is ranked better than
55.11% of 499 companies
in the Utilities - Regulated industry
Industry Median: 66.38 vs SHSE:600969: 73.54

Hunan Chendian International Development Co's Days Payable increased from Mar. 2023 (70.48) to Mar. 2024 (71.59). It may suggest that Hunan Chendian International Development Co delayed paying its suppliers.

Hunan Chendian International Development Co Days Payable Historical Data

The historical data trend for Hunan Chendian International Development 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.

Hunan Chendian International Development Co Days Payable Chart

Hunan Chendian International Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

34.75

38.02

36.29

52.94

75.19

Hunan Chendian International Development 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															70.48	78.06	64.19	85.27	71.59

Competitive Comparison of Hunan Chendian International Development Co's Days Payable

For the Utilities - Diversified subindustry, Hunan Chendian International Development 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.

Hunan Chendian International Development Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hunan Chendian International Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hunan Chendian International Development Co's Days Payable falls into.

Hunan Chendian International Development 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.

Hunan Chendian International Development 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
=	( (727.858	+	766.762)	/	2 )	/	3627.886	*	365
=	747.31					/	3627.886	*	365
=	75.19

Hunan Chendian International Development 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
=	( (766.762	+	690.536)	/	2 )	/	928.711	*	365 / 4
=	728.649					/	928.711	*	365 / 4
=	71.59

Hunan Chendian International Development Co Days Payable Related Terms

Thank you for viewing the detailed overview of Hunan Chendian International Development Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hunan Chendian International Development Co (SHSE:600969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hunan Chendian International Development Co Ltd (SHSE:600969) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wanuo Building, No. 5 Youth Avenue, Hunan Province, Quzhou, CHN, 423000

Website

http://www.chinacdi.com

Hunan Chendian International Development Co Ltd is a China-based company. Its business activities are divided into five divisions including Power supply business that purchases electricity from hydropower, power grid and China Southern Power Grid in the power supply area, and sells electricity to terminal power users through its transmission and power-distribution network, Water supply business mainly produces and sells tap water, Industrial gases provide gas supply services for large and medium-sized steel enterprises., Hydropower development is engaged in investment development and operation management of hydropower stations, and Sewage treatment invests in construction of operating sewage.

Executives

Fan Pei Shun	Director
Yuan Zhi Yong	Director

Hunan Chendian International Development Co (SHSE:600969) Headlines

No Headlines