Xinjiang Torch Gas Co (SHSE:603080) Days Payable : 16.22 (As of Mar. 2025)

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What is Xinjiang Torch Gas Co Days Payable?

Xinjiang Torch Gas Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥67 Mil. Xinjiang Torch Gas Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥376 Mil. Hence, Xinjiang Torch Gas Co's Days Payable for the three months ended in Mar. 2025 was 16.22.

The historical rank and industry rank for Xinjiang Torch Gas Co's Days Payable or its related term are showing as below:

SHSE:603080' s Days Payable Range Over the Past 10 Years
Min: 19.31 Med: 36.49 Max: 52.32
Current: 19.31

During the past 13 years, Xinjiang Torch Gas Co's highest Days Payable was 52.32. The lowest was 19.31. And the median was 36.49.

SHSE:603080's Days Payable is ranked worse than
93.63% of 471 companies
in the Utilities - Regulated industry
Industry Median: 67.53 vs SHSE:603080: 19.31

Xinjiang Torch Gas Co's Days Payable declined from Mar. 2024 (18.26) to Mar. 2025 (16.22). It may suggest that Xinjiang Torch Gas Co accelerated paying its suppliers.

Xinjiang Torch Gas Co Days Payable Historical Data

The historical data trend for Xinjiang Torch Gas 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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Xinjiang Torch Gas Co Days Payable Chart

Xinjiang Torch Gas Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

39.07

27.71

34.17

32.32

26.71

Xinjiang Torch Gas Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															18.26	25.92	23.97	18.03	16.22

Competitive Comparison of Xinjiang Torch Gas Co's Days Payable

For the Utilities - Regulated Gas subindustry, Xinjiang Torch Gas 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.

Xinjiang Torch Gas Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Xinjiang Torch Gas Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xinjiang Torch Gas Co's Days Payable falls into.

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Xinjiang Torch Gas 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.

Xinjiang Torch Gas Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (76.852	+	85.086)	/	2 )	/	1106.4	*	365
=	80.969					/	1106.4	*	365
=	26.71

Xinjiang Torch Gas Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (85.086	+	48.535)	/	2 )	/	375.84	*	365 / 4
=	66.8105					/	375.84	*	365 / 4
=	16.22

Xinjiang Torch Gas Co Days Payable Related Terms

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Xinjiang Torch Gas Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Xinjiang Torch Gas Co Ltd (SHSE:603080) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

77 Shiji Avenue South Road, Kashgar, CHN, 844000

Website

http://www.xjhjrq.com

Xinjiang Torch Gas Co Ltd is engaged in the sale of natural gas. The company also offers gas appliances and accessories, provides long-distance pipe network and other related services.

Executives

Zhao Ke Wen

senior management

Xinjiang Torch Gas Co Headlines

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