China Kings Resources Group Co (SHSE:603505) Days Payable : 177.28 (As of Mar. 2025)

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What is China Kings Resources Group Co Days Payable?

China Kings Resources Group Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥1,360 Mil. China Kings Resources Group Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥700 Mil. Hence, China Kings Resources Group Co's Days Payable for the three months ended in Mar. 2025 was 177.28.

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

SHSE:603505' s Days Payable Range Over the Past 10 Years
Min: 80.04 Med: 130.09 Max: 200.33
Current: 190.52

During the past 13 years, China Kings Resources Group Co's highest Days Payable was 200.33. The lowest was 80.04. And the median was 130.09.

SHSE:603505's Days Payable is ranked better than
54.76% of 1030 companies
in the Metals & Mining industry
Industry Median: 134.135 vs SHSE:603505: 190.52

China Kings Resources Group Co's Days Payable declined from Mar. 2024 (234.18) to Mar. 2025 (177.28). It may suggest that China Kings Resources Group Co accelerated paying its suppliers.

China Kings Resources Group Co Days Payable Historical Data

The historical data trend for China Kings Resources 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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China Kings Resources Group Co Days Payable Chart

China Kings Resources Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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124.17

80.04

136.01

165.63

200.33

China Kings Resources Group 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															234.18	231.34	236.06	173.57	177.28

Competitive Comparison of China Kings Resources Group Co's Days Payable

For the Other Industrial Metals & Mining subindustry, China Kings Resources 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.

China Kings Resources Group Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Kings Resources Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Kings Resources Group Co's Days Payable falls into.

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China Kings Resources 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.

China Kings Resources Group 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
=	( (824.135	+	1560.593)	/	2 )	/	2172.531	*	365
=	1192.364					/	2172.531	*	365
=	200.33

China Kings Resources Group 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
=	( (1560.593	+	1159.67)	/	2 )	/	700.107	*	365 / 4
=	1360.1315					/	700.107	*	365 / 4
=	177.28

China Kings Resources Group Co Days Payable Related Terms

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China Kings Resources Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Kings Resources Group Co Ltd (SHSE:603505) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 8 Qiushi Road, Room 2301, South Building, Gongyuan Building, Anno Domini Mansion, Zhejiang Province, Hangzhou, CHN, 310013

Website

http://www.chinesekings.com

China Kings Resources Group Co Ltd is a Chinese company involved in the production and trade of fluorite products. It offers acid grade fluorite fine powder, metallurgical grade fluorite fine powder, high-grade fluorite lump ore and common fluorite ore.

Executives

Su Bao Gang	senior management
Cheng Hui Fang	Director
Wang Jin Hua	Director
Ying Li Ming	Director
Dai Shui Jun	senior management
Zhao Jian Ping	Director
Xu Chun Bo	senior management
Yang Jin	senior management
Wang Zhong Yan	Supervisors
Wu Ling Yi	senior management
Song Ying	Director
Wang Cheng Liang	Director
Hu Xiang Ming	senior management
Wang Fu Liang	Director
Shen Le Ping	Director

China Kings Resources Group Co Headlines

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