Hunan Heshun Petroleum Co (SHSE:603353) Days Payable : 2.42 (As of Mar. 2025)

View and export this data going back to 2020. Start your Free Trial

What is Hunan Heshun Petroleum Co Days Payable?

Hunan Heshun Petroleum Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥19 Mil. Hunan Heshun Petroleum Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥703 Mil. Hence, Hunan Heshun Petroleum Co's Days Payable for the three months ended in Mar. 2025 was 2.42.

The historical rank and industry rank for Hunan Heshun Petroleum Co's Days Payable or its related term are showing as below:

SHSE:603353' s Days Payable Range Over the Past 10 Years
Min: 2.47 Med: 4.69 Max: 12.08
Current: 3.35

During the past 11 years, Hunan Heshun Petroleum Co's highest Days Payable was 12.08. The lowest was 2.47. And the median was 4.69.

SHSE:603353's Days Payable is ranked worse than
97.15% of 1089 companies
in the Retail - Cyclical industry
Industry Median: 54.4 vs SHSE:603353: 3.35

Hunan Heshun Petroleum Co's Days Payable declined from Mar. 2024 (6.45) to Mar. 2025 (2.42). It may suggest that Hunan Heshun Petroleum Co accelerated paying its suppliers.

Hunan Heshun Petroleum Co Days Payable Historical Data

The historical data trend for Hunan Heshun Petroleum 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.

Hunan Heshun Petroleum Co Days Payable Chart

Hunan Heshun Petroleum Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

4.25

2.79

5.57

8.51

5.07

Hunan Heshun Petroleum 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															6.45	5.74	2.09	1.92	2.42

Competitive Comparison of Hunan Heshun Petroleum Co's Days Payable

For the Specialty Retail subindustry, Hunan Heshun Petroleum 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.

Hunan Heshun Petroleum Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hunan Heshun Petroleum Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hunan Heshun Petroleum Co's Days Payable falls into.

Save Embed

;

Save Embed

;

Hunan Heshun Petroleum 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.

Hunan Heshun Petroleum 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
=	( (59.841	+	10.577)	/	2 )	/	2532.651	*	365
=	35.209					/	2532.651	*	365
=	5.07

Hunan Heshun Petroleum 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
=	( (10.577	+	26.699)	/	2 )	/	702.502	*	365 / 4
=	18.638					/	702.502	*	365 / 4
=	2.42

Hunan Heshun Petroleum Co Days Payable Related Terms

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

Hunan Heshun Petroleum Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hunan Heshun Petroleum Co Ltd (SHSE:603353) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wanjiali Middle Road, Heshun Building, No. 58 Section 2, Yuhua District, Hunan Province, Changsha, CHN, 410016

Website

http://www.hnhsjt.com

Hunan Heshun Petroleum Co Ltd is engaged in the wholesale and retail of gasoline and diesel, gas station and convenience store operations, refined oil storage, refined oil logistics distribution, and investment and construction of gas stations and oil depots.

Executives

Yu Mei Ling	senior management
Ceng Yue	senior management
Wu Li Yu	Director
Long Xiao Zhen	Director
Zhao Xiong	Director

Hunan Heshun Petroleum Co Headlines

No Headlines