China Coal Xinji Energy Co (SHSE:601918) Days Payable : 110.64 (As of Mar. 2024)

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What is China Coal Xinji Energy Co Days Payable?

China Coal Xinji Energy Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,152 Mil. China Coal Xinji Energy Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,775 Mil. Hence, China Coal Xinji Energy Co's Days Payable for the three months ended in Mar. 2024 was 110.64.

The historical rank and industry rank for China Coal Xinji Energy Co's Days Payable or its related term are showing as below:

SHSE:601918' s Days Payable Range Over the Past 10 Years
Min: 99.76 Med: 163.61 Max: 368.52
Current: 99.76

During the past 13 years, China Coal Xinji Energy Co's highest Days Payable was 368.52. The lowest was 99.76. And the median was 163.61.

SHSE:601918's Days Payable is ranked better than
65.08% of 126 companies
in the Other Energy Sources industry
Industry Median: 64.77 vs SHSE:601918: 99.76

China Coal Xinji Energy Co's Days Payable declined from Mar. 2023 (121.64) to Mar. 2024 (110.64). It may suggest that China Coal Xinji Energy Co accelerated paying its suppliers.

China Coal Xinji Energy Co Days Payable Historical Data

The historical data trend for China Coal Xinji Energy 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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China Coal Xinji Energy Co Days Payable Chart

China Coal Xinji Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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151.93

162.19

128.45

129.69

113.83

China Coal Xinji Energy 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															121.64	95.02	96.31	101.91	110.64

Competitive Comparison of China Coal Xinji Energy Co's Days Payable

For the Thermal Coal subindustry, China Coal Xinji Energy 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.

China Coal Xinji Energy Co's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Coal Xinji Energy Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Coal Xinji Energy Co's Days Payable falls into.

China Coal Xinji Energy 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.

China Coal Xinji Energy 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
=	( (2540.83	+	2293.07)	/	2 )	/	7750.062	*	365
=	2416.95					/	7750.062	*	365
=	113.83

China Coal Xinji Energy 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
=	( (2293.07	+	2011.324)	/	2 )	/	1775.067	*	365 / 4
=	2152.197					/	1775.067	*	365 / 4
=	110.64

China Coal Xinji Energy Co Days Payable Related Terms

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China Coal Xinji Energy Co (SHSE:601918) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » China Coal Xinji Energy Co Ltd (SHSE:601918) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 12 Dong Shan Middle Road, Huainan, Anhui, CHN, 232001

Website

http://www.sdic.com.cn

China Coal Xinji Energy Co Ltd is a company involved in coal exploration, washing, processing and distribution in China. Its business sectors are infrastructure-related industry, emerging industries, financial service & other services. It is also engaged in the electric power related businesses.

Executives

Yang Bo Da	Director
Li Bao Cai	Director
Wang Wei Dong	Director

China Coal Xinji Energy Co (SHSE:601918) Headlines

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