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Shanghai Huili Building Materials Co (SHSE:900939) Days Payable : 1,005.87 (As of Mar. 2024)


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What is Shanghai Huili Building Materials Co Days Payable?

Shanghai Huili Building Materials Co's average Accounts Payable for the three months ended in Mar. 2024 was $0.47 Mil. Shanghai Huili Building Materials Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.04 Mil. Hence, Shanghai Huili Building Materials Co's Days Payable for the three months ended in Mar. 2024 was 1,005.87.

The historical rank and industry rank for Shanghai Huili Building Materials Co's Days Payable or its related term are showing as below:

SHSE:900939' s Days Payable Range Over the Past 10 Years
Min: 254.16   Med: 647.01   Max: 1471.68
Current: 1016.88

During the past 13 years, Shanghai Huili Building Materials Co's highest Days Payable was 1471.68. The lowest was 254.16. And the median was 647.01.

SHSE:900939's Days Payable is ranked better than
99.26% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 67.095 vs SHSE:900939: 1016.88

Shanghai Huili Building Materials Co's Days Payable declined from Mar. 2023 (1,017.23) to Mar. 2024 (1,005.87). It may suggest that Shanghai Huili Building Materials Co accelerated paying its suppliers.


Shanghai Huili Building Materials Co Days Payable Historical Data

The historical data trend for Shanghai Huili Building Materials 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.

Shanghai Huili Building Materials Co Days Payable Chart

Shanghai Huili Building Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 858.36 1,471.68 1,357.18 1,458.57 1,016.94

Shanghai Huili Building Materials 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 1,017.23 1,027.09 1,022.22 999.51 1,005.87

Competitive Comparison of Shanghai Huili Building Materials Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Shanghai Huili Building Materials 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 Huili Building Materials Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Shanghai Huili Building Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Huili Building Materials Co's Days Payable falls into.



Shanghai Huili Building Materials 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 Huili Building Materials 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
=( (0.488 + 0.476) / 2 ) / 0.173*365
=0.482 / 0.173*365
=1,016.94

Shanghai Huili Building Materials 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
=( (0.476 + 0.472) / 2 ) / 0.043*365 / 4
=0.474 / 0.043*365 / 4
=1,005.87

* 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.


Shanghai Huili Building Materials Co Days Payable Related Terms

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Shanghai Huili Building Materials Co (SHSE:900939) Business Description

Traded in Other Exchanges
N/A
Address
No. 406, Hengqiao Road, Zhoupu Town, Pudong New Area, Room 213, Building 1, Shanghai, CHN, 201318
Shanghai Huili Building Materials Co Ltd is a China-based paint and coating manufacturer. The company is principally engaged in the production and sales of various building materials including coatings, flooring, wood products, polycarbonate (PC) sheets, curtain wall doors and windows and other products. It sells its products on the wholesale and retail basis under the brand name Hui Li. Shanghai Huili also sales building and engineering decoration materials. Its products are widely used in public buildings, urban airports, stadiums, industrial plants, residential communities and other engineering projects. The company serves real estate companies, major design institutes, and construction units.

Shanghai Huili Building Materials Co (SHSE:900939) Headlines

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