China Railway High-speed Electrification Equipment Co (SHSE:688285) Days Payable : 633.93 (As of Sep. 2024)

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What is China Railway High-speed Electrification Equipment Co Days Payable?

China Railway High-speed Electrification Equipment Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥1,062 Mil. China Railway High-speed Electrification Equipment Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥153 Mil. Hence, China Railway High-speed Electrification Equipment Co's Days Payable for the three months ended in Sep. 2024 was 633.93.

The historical rank and industry rank for China Railway High-speed Electrification Equipment Co's Days Payable or its related term are showing as below:

SHSE:688285' s Days Payable Range Over the Past 10 Years
Min: 312.94 Med: 342.81 Max: 441.13
Current: 439.39

During the past 7 years, China Railway High-speed Electrification Equipment Co's highest Days Payable was 441.13. The lowest was 312.94. And the median was 342.81.

SHSE:688285's Days Payable is ranked better than
97.66% of 939 companies
in the Transportation industry
Industry Median: 37.51 vs SHSE:688285: 439.39

China Railway High-speed Electrification Equipment Co's Days Payable increased from Sep. 2023 (481.60) to Sep. 2024 (633.93). It may suggest that China Railway High-speed Electrification Equipment Co delayed paying its suppliers.

China Railway High-speed Electrification Equipment Co Days Payable Historical Data

The historical data trend for China Railway High-speed Electrification Equipment 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 Railway High-speed Electrification Equipment Co Days Payable Chart

China Railway High-speed Electrification Equipment Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

333.11

312.94

325.75

342.81

441.13

China Railway High-speed Electrification Equipment Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															481.60	253.43	1,183.74	382.70	633.93

Competitive Comparison of China Railway High-speed Electrification Equipment Co's Days Payable

For the Railroads subindustry, China Railway High-speed Electrification Equipment 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 Railway High-speed Electrification Equipment Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Railway High-speed Electrification Equipment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Railway High-speed Electrification Equipment Co's Days Payable falls into.

China Railway High-speed Electrification Equipment 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 Railway High-speed Electrification Equipment 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
=	( (1161.084	+	1205.586)	/	2 )	/	979.126	*	365
=	1183.335					/	979.126	*	365
=	441.13

China Railway High-speed Electrification Equipment Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1100.375	+	1024.597)	/	2 )	/	152.937	*	365 / 4
=	1062.486					/	152.937	*	365 / 4
=	633.93

China Railway High-speed Electrification Equipment Co Days Payable Related Terms

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China Railway High-speed Electrification Equipment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Railway High-speed Electrification Equipment Co Ltd (SHSE:688285) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 196, Gaoxin Avenue, High-tech Development Zone, Shaanxi Province, Baoji, CHN, 721006

Website

http://www.bjqcc.com

China Railway High-speed Electrification Equipment Co Ltd is engaged in the research and development, design, manufacturing and sales of electrified railway catenary products, urban rail transit power supply equipment and off-track products.

Executives

Feng De Lin	Directors, senior managers
Yuan Jin Zhou	senior management
Lin Jian	Directors, senior managers
Yan Jun Fang	senior management
Chen Min Hua	Directors, senior managers
Wang Shu Ping	senior management
Zhang Chang Yu	Director
Chen Yong Rui	senior management
Luo Zhen	senior management
Wang Xu Ce	senior management

China Railway High-speed Electrification Equipment Co Headlines

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