Shanghai Chlor-alkali Chemical Co (SHSE:900908) Days Payable : 55.22 (As of Sep. 2024)

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What is Shanghai Chlor-alkali Chemical Co Days Payable?

Shanghai Chlor-alkali Chemical Co's average Accounts Payable for the three months ended in Sep. 2024 was $149 Mil. Shanghai Chlor-alkali Chemical Co's Cost of Goods Sold for the three months ended in Sep. 2024 was $246 Mil. Hence, Shanghai Chlor-alkali Chemical Co's Days Payable for the three months ended in Sep. 2024 was 55.22.

The historical rank and industry rank for Shanghai Chlor-alkali Chemical Co's Days Payable or its related term are showing as below:

SHSE:900908' s Days Payable Range Over the Past 10 Years
Min: 21.91 Med: 24.96 Max: 63.25
Current: 63.25

During the past 13 years, Shanghai Chlor-alkali Chemical Co's highest Days Payable was 63.25. The lowest was 21.91. And the median was 24.96.

SHSE:900908's Days Payable is ranked better than
53.03% of 1503 companies
in the Chemicals industry
Industry Median: 60.18 vs SHSE:900908: 63.25

Shanghai Chlor-alkali Chemical Co's Days Payable declined from Sep. 2023 (70.23) to Sep. 2024 (55.22). It may suggest that Shanghai Chlor-alkali Chemical Co accelerated paying its suppliers.

Shanghai Chlor-alkali Chemical Co Days Payable Historical Data

The historical data trend for Shanghai Chlor-alkali Chemical 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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Shanghai Chlor-alkali Chemical Co Days Payable Chart

Shanghai Chlor-alkali Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

24.01

35.35

39.32

55.51

57.84

Shanghai Chlor-alkali Chemical 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															70.23	73.05	57.26	58.48	55.22

Competitive Comparison of Shanghai Chlor-alkali Chemical Co's Days Payable

For the Chemicals subindustry, Shanghai Chlor-alkali Chemical 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.

Shanghai Chlor-alkali Chemical Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanghai Chlor-alkali Chemical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Chlor-alkali Chemical Co's Days Payable falls into.

Shanghai Chlor-alkali Chemical 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.

Shanghai Chlor-alkali Chemical 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
=	( (109.744	+	154.146)	/	2 )	/	832.648	*	365
=	131.945					/	832.648	*	365
=	57.84

Shanghai Chlor-alkali Chemical 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
=	( (120.14	+	177.577)	/	2 )	/	245.973	*	365 / 4
=	148.8585					/	245.973	*	365 / 4
=	55.22

Shanghai Chlor-alkali Chemical Co Days Payable Related Terms

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Shanghai Chlor-alkali Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shanghai Chlor-alkali Chemical Co Ltd (SHSE:900908) » Definitions » Days Payable

Traded in Other Exchanges

600618:China

Address

4747 Longwu Road, Shanghai, CHN, 00241

Website

http://www.scacc.com

Shanghai Chlor-alkali Chemical Co Ltd produces chemical products. The company's product portfolio includes sodium hydroxide, chlorine, chlorine products, polyvinyl chloride plastics resin and the products. It is focused on export markets in the Middle East, South America, and Africa for its sales performance. Its majority of revenues are from the production and sale of Chlorine products.

Shanghai Chlor-alkali Chemical Co Headlines

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