Shandong Yulong Gold Co (SHSE:601028) Days Payable : 482.67 (As of Sep. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Shandong Yulong Gold Co Days Payable?

Shandong Yulong Gold Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥896 Mil. Shandong Yulong Gold Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥169 Mil. Hence, Shandong Yulong Gold Co's Days Payable for the three months ended in Sep. 2024 was 482.67.

The historical rank and industry rank for Shandong Yulong Gold Co's Days Payable or its related term are showing as below:

SHSE:601028' s Days Payable Range Over the Past 10 Years
Min: 3.25 Med: 81.63 Max: 555.45
Current: 555.45

During the past 13 years, Shandong Yulong Gold Co's highest Days Payable was 555.45. The lowest was 3.25. And the median was 81.63.

SHSE:601028's Days Payable is ranked better than
98% of 601 companies
in the Steel industry
Industry Median: 39.45 vs SHSE:601028: 555.45

Shandong Yulong Gold Co's Days Payable declined from Sep. 2023 (525.90) to Sep. 2024 (482.67). It may suggest that Shandong Yulong Gold Co accelerated paying its suppliers.

Shandong Yulong Gold Co Days Payable Historical Data

The historical data trend for Shandong Yulong Gold 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.

Shandong Yulong Gold Co Days Payable Chart

Shandong Yulong Gold Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

36.39

3.25

5.52

16.16

407.29

Shandong Yulong Gold 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															525.90	461.76	922.87	440.67	482.67

Competitive Comparison of Shandong Yulong Gold Co's Days Payable

For the Steel subindustry, Shandong Yulong Gold 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.

Shandong Yulong Gold Co's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shandong Yulong Gold Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shandong Yulong Gold Co's Days Payable falls into.

Save Embed

;

Save Embed

;

Shandong Yulong Gold 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.

Shandong Yulong Gold 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
=	( (753.53	+	2448.715)	/	2 )	/	1434.87	*	365
=	1601.1225					/	1434.87	*	365
=	407.29

Shandong Yulong Gold 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
=	( (1081.924	+	710.627)	/	2 )	/	169.444	*	365 / 4
=	896.2755					/	169.444	*	365 / 4
=	482.67

Shandong Yulong Gold Co Days Payable Related Terms

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

Shandong Yulong Gold Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shandong Yulong Gold Co Ltd (SHSE:601028) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.15 Yulong road, Yuqi Town, Wuxi, CHN, 214183

Website

http://www.yulongsteelpipe.com

Shandong Yulong Gold Co Ltd, formerly Jiangsu Yulong Steel Pipe Co Ltd is a China-based company primarily engaged in the business of steel pipes. The company's products include SAWH steel pipes, high-frequency longitudinal resistance welded pipes, rectangular steel pipes, 3PP/3PE/FBE anticorrosive pipes, corrosion steel pipes, and alloy-steel pipes. The products are widely used in the area of petroleum, petrochemical, natural gas, shale gas, pulp, water transportation and large steel structure. Geographically, the activities are carried out through China, however, its holds presence in both Chinese and international market.

Executives

Lu Fen Qi	Directors, senior managers
Liang Hai Tao	senior management
Liu Feng Yu	senior management
Wang Zhen Dong	senior management
Gao Feng	senior management
Meng Lu Sheng	Supervisors
Yan Bing Chao	senior management
Zhang Peng	Director
Niu Lei	Director
Li Zhen Chuan	Director
Wang Jian Ping	Director
Lv Yan Qing	senior management
Tang Ke Jun	Director
Tang Yong Qing	Director
Yao Guang Li	senior management

Shandong Yulong Gold Co Headlines

No Headlines