Anhui Hengyuan Coal Industry And Electricity Power Co (SHSE:600971) Days Payable : 115.15 (As of Mar. 2024)

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What is Anhui Hengyuan Coal Industry And Electricity Power Co Days Payable?

Anhui Hengyuan Coal Industry And Electricity Power Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,425 Mil. Anhui Hengyuan Coal Industry And Electricity Power Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,129 Mil. Hence, Anhui Hengyuan Coal Industry And Electricity Power Co's Days Payable for the three months ended in Mar. 2024 was 115.15.

The historical rank and industry rank for Anhui Hengyuan Coal Industry And Electricity Power Co's Days Payable or its related term are showing as below:

SHSE:600971' s Days Payable Range Over the Past 10 Years
Min: 81.33 Med: 93.33 Max: 131.68
Current: 118.95

During the past 13 years, Anhui Hengyuan Coal Industry And Electricity Power Co's highest Days Payable was 131.68. The lowest was 81.33. And the median was 93.33.

SHSE:600971's Days Payable is ranked better than
70.63% of 126 companies
in the Other Energy Sources industry
Industry Median: 66.375 vs SHSE:600971: 118.95

Anhui Hengyuan Coal Industry And Electricity Power Co's Days Payable increased from Mar. 2023 (102.96) to Mar. 2024 (115.15). It may suggest that Anhui Hengyuan Coal Industry And Electricity Power Co delayed paying its suppliers.

Anhui Hengyuan Coal Industry And Electricity Power Co Days Payable Historical Data

The historical data trend for Anhui Hengyuan Coal Industry And Electricity Power 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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Anhui Hengyuan Coal Industry And Electricity Power Co Days Payable Chart

Anhui Hengyuan Coal Industry And Electricity Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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92.43

95.28

88.51

111.86

131.68

Anhui Hengyuan Coal Industry And Electricity Power 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															102.96	117.28	135.50	115.85	115.15

Competitive Comparison of Anhui Hengyuan Coal Industry And Electricity Power Co's Days Payable

For the Thermal Coal subindustry, Anhui Hengyuan Coal Industry And Electricity Power 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.

Anhui Hengyuan Coal Industry And Electricity Power Co's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Anhui Hengyuan Coal Industry And Electricity Power Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anhui Hengyuan Coal Industry And Electricity Power Co's Days Payable falls into.

Anhui Hengyuan Coal Industry And Electricity Power 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.

Anhui Hengyuan Coal Industry And Electricity Power 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
=	( (1410.483	+	1569.417)	/	2 )	/	4129.842	*	365
=	1489.95					/	4129.842	*	365
=	131.68

Anhui Hengyuan Coal Industry And Electricity Power 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
=	( (1569.417	+	1279.613)	/	2 )	/	1128.831	*	365 / 4
=	1424.515					/	1128.831	*	365 / 4
=	115.15

Anhui Hengyuan Coal Industry And Electricity Power Co Days Payable Related Terms

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Anhui Hengyuan Coal Industry And Electricity Power Co (SHSE:600971) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Anhui Hengyuan Coal Industry And Electricity Power Co Ltd (SHSE:600971) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Liuqiao Town, Tunxi County, Anhui Province, Huaibei, CHN, 235162

Website

http://www.ahhymd.com.cn

Anhui Hengyuan Coal Industry And Electricity Power Co Ltd is a China-based company engaged in mining, processing, washing, and sale of coal. It offers coal blending, washing coal, smelting clean coal products which are widely used in electric power, metallurgy, petrochemical, building materials, coking, blast furnace injection, civil and other fields. Geographically the company's products are sold well in East China and Jiangxi province.

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