Yuanli Chemical Group Co (SHSE:603217) Days Payable : 47.08 (As of Mar. 2024)

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What is Yuanli Chemical Group Co Days Payable?

Yuanli Chemical Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥239 Mil. Yuanli Chemical Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥463 Mil. Hence, Yuanli Chemical Group Co's Days Payable for the three months ended in Mar. 2024 was 47.08.

The historical rank and industry rank for Yuanli Chemical Group Co's Days Payable or its related term are showing as below:

SHSE:603217' s Days Payable Range Over the Past 10 Years
Min: 34.15 Med: 46.84 Max: 102.71
Current: 50.67

During the past 12 years, Yuanli Chemical Group Co's highest Days Payable was 102.71. The lowest was 34.15. And the median was 46.84.

SHSE:603217's Days Payable is ranked worse than
61.13% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs SHSE:603217: 50.67

Yuanli Chemical Group Co's Days Payable increased from Mar. 2023 (45.44) to Mar. 2024 (47.08). It may suggest that Yuanli Chemical Group Co delayed paying its suppliers.

Yuanli Chemical Group Co Days Payable Historical Data

The historical data trend for Yuanli Chemical Group 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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Yuanli Chemical Group Co Days Payable Chart

Yuanli Chemical Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

95.07

102.71

43.43

34.15

39.20

Yuanli Chemical Group 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															45.44	60.03	46.94	43.94	47.08

Competitive Comparison of Yuanli Chemical Group Co's Days Payable

For the Chemicals subindustry, Yuanli Chemical Group 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.

Yuanli Chemical Group Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yuanli Chemical Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Yuanli Chemical Group Co's Days Payable falls into.

Yuanli Chemical Group 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.

Yuanli Chemical Group 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
=	( (188.446	+	194.699)	/	2 )	/	1783.704	*	365
=	191.5725					/	1783.704	*	365
=	39.20

Yuanli Chemical Group 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
=	( (194.699	+	282.723)	/	2 )	/	462.697	*	365 / 4
=	238.711					/	462.697	*	365 / 4
=	47.08

Yuanli Chemical Group Co Days Payable Related Terms

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Yuanli Chemical Group Co (SHSE:603217) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Yuanli Chemical Group Co Ltd (SHSE:603217) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Zhuliu Street Industrial Park, 355 km from National Highway 309, Changle County, Shandong Province, Weifang, CHN, 262404

Website

http://www.yuanlichem.com.cn

Yuanli Chemical Group Co Ltd formerly, Shandong Yuanli Science and Technology Co Ltd is a high-tech enterprise specializing in research and development, production and operation of fine chemicals. It serves various industries namely coatings and casting binders, inks, pigments, UV-curing materials, polyurethanes, wire and cable, leather products, PVC conveyor belts, optical glasses resins, personal care, pharmaceutical and others. The company offers green solvents, dibasic alcohol, plasticizers, and coalescing agents.

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