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GreenTech Environmental Co (SHSE:688466) Days Payable : 414.54 (As of Mar. 2025)


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What is GreenTech Environmental Co Days Payable?

GreenTech Environmental Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥422.4 Mil. GreenTech Environmental Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥93.0 Mil. Hence, GreenTech Environmental Co's Days Payable for the three months ended in Mar. 2025 was 414.54.

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

SHSE:688466' s Days Payable Range Over the Past 10 Years
Min: 199.17   Med: 291.71   Max: 442.03
Current: 349.5

During the past 9 years, GreenTech Environmental Co's highest Days Payable was 442.03. The lowest was 199.17. And the median was 291.71.

SHSE:688466's Days Payable is ranked better than
92.75% of 469 companies
in the Utilities - Regulated industry
Industry Median: 67.08 vs SHSE:688466: 349.50

GreenTech Environmental Co's Days Payable declined from Mar. 2024 (499.55) to Mar. 2025 (414.54). It may suggest that GreenTech Environmental Co accelerated paying its suppliers.


GreenTech Environmental Co Days Payable Historical Data

The historical data trend for GreenTech Environmental 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.

GreenTech Environmental Co Days Payable Chart

GreenTech Environmental Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only 291.71 367.21 347.44 442.03 392.21

GreenTech Environmental 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 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 499.55 443.94 350.62 258.93 414.54

Competitive Comparison of GreenTech Environmental Co's Days Payable

For the Utilities - Regulated Water subindustry, GreenTech Environmental 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.


GreenTech Environmental Co's Days Payable Distribution in the Utilities - Regulated Industry

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

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


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GreenTech Environmental 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.

GreenTech Environmental 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
=( (404.221 + 442.251) / 2 ) / 393.878*365
=423.236 / 393.878*365
=392.21

GreenTech Environmental 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
=( (442.251 + 402.567) / 2 ) / 92.983*365 / 4
=422.409 / 92.983*365 / 4
=414.54

* 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.


GreenTech Environmental Co Days Payable Related Terms

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GreenTech Environmental Co Business Description

Traded in Other Exchanges
N/A
Address
Wangjing Lize Central Park, Room 209-226, 2nd Floor, Block C, Luowa Building, No. 203, Second District, Chaoyang District, Beijing, CHN, 100102
GreenTech Environmental Co Ltd is a provider of water treatment technology solutions, operational services and resource-based products. The company focuses on engineering, construction, operation management and financing for water treatment and waste-to-resources using membrane technologies.
Executives
Chen An Na senior management

GreenTech Environmental Co Headlines

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