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Jiangsu Jingyuan Environmental Protection Co (SHSE:688096) Days Payable : 685.70 (As of Mar. 2024)


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What is Jiangsu Jingyuan Environmental Protection Co Days Payable?

Jiangsu Jingyuan Environmental Protection Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥262.7 Mil. Jiangsu Jingyuan Environmental Protection Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥35.0 Mil. Hence, Jiangsu Jingyuan Environmental Protection Co's Days Payable for the three months ended in Mar. 2024 was 685.70.

The historical rank and industry rank for Jiangsu Jingyuan Environmental Protection Co's Days Payable or its related term are showing as below:

SHSE:688096' s Days Payable Range Over the Past 10 Years
Min: 111   Med: 210.34   Max: 381.16
Current: 347.9

During the past 11 years, Jiangsu Jingyuan Environmental Protection Co's highest Days Payable was 381.16. The lowest was 111.00. And the median was 210.34.

SHSE:688096's Days Payable is ranked better than
92.37% of 498 companies
in the Utilities - Regulated industry
Industry Median: 66.265 vs SHSE:688096: 347.90

Jiangsu Jingyuan Environmental Protection Co's Days Payable increased from Mar. 2023 (337.46) to Mar. 2024 (685.70). It may suggest that Jiangsu Jingyuan Environmental Protection Co delayed paying its suppliers.


Jiangsu Jingyuan Environmental Protection Co Days Payable Historical Data

The historical data trend for Jiangsu Jingyuan Environmental Protection 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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Jiangsu Jingyuan Environmental Protection Co Days Payable Chart

Jiangsu Jingyuan Environmental Protection Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 227.01 244.94 227.42 230.91 381.16

Jiangsu Jingyuan Environmental Protection 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 337.46 247.74 262.09 390.46 685.70

Competitive Comparison of Jiangsu Jingyuan Environmental Protection Co's Days Payable

For the Utilities - Regulated Water subindustry, Jiangsu Jingyuan Environmental Protection 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.


Jiangsu Jingyuan Environmental Protection Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Jiangsu Jingyuan Environmental Protection Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Jingyuan Environmental Protection Co's Days Payable falls into.



Jiangsu Jingyuan Environmental Protection 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.

Jiangsu Jingyuan Environmental Protection 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
=( (241.645 + 303.527) / 2 ) / 261.031*365
=272.586 / 261.031*365
=381.16

Jiangsu Jingyuan Environmental Protection 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
=( (303.527 + 221.87) / 2 ) / 34.959*365 / 4
=262.6985 / 34.959*365 / 4
=685.70

* 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.


Jiangsu Jingyuan Environmental Protection Co Days Payable Related Terms

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Jiangsu Jingyuan Environmental Protection Co (SHSE:688096) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Chongchuan Road, 1st Floor, Building 9, Jiangsu Province, Nantong, CHN, 226000
Jiangsu Jingyuan Environmental Protection Co Ltd is engaged in provision of industrial water treatment. The company relies on self-developed core technologies such as industrial wastewater electronic flocculation treatment technology, high-efficiency wastewater zero discharge technology, and high-efficiency wastewater electrocatalytic oxidation technology. It provides large-scale enterprise customers with consulting, integration and sales, and engineering contracting, research and design of industrial water treatment equipment.
Executives
Ji Meng Directors, senior managers
Ji Xian Hua Directors, senior managers, core technical personn
Su Hai Juan Directors, senior managers

Jiangsu Jingyuan Environmental Protection Co (SHSE:688096) Headlines

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