Hainan Expressway Co (SZSE:000886) Days Payable : 931.16 (As of Mar. 2024)

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What is Hainan Expressway Co Days Payable?

Hainan Expressway Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥101.1 Mil. Hainan Expressway Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥9.9 Mil. Hence, Hainan Expressway Co's Days Payable for the three months ended in Mar. 2024 was 931.16.

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

SZSE:000886' s Days Payable Range Over the Past 10 Years
Min: 149.2 Med: 393.38 Max: 1526.76
Current: 237.75

During the past 13 years, Hainan Expressway Co's highest Days Payable was 1526.76. The lowest was 149.20. And the median was 393.38.

SZSE:000886's Days Payable is ranked better than
85.96% of 1603 companies
in the Construction industry
Industry Median: 75.22 vs SZSE:000886: 237.75

Hainan Expressway Co's Days Payable increased from Mar. 2023 (380.56) to Mar. 2024 (931.16). It may suggest that Hainan Expressway Co delayed paying its suppliers.

Hainan Expressway Co Days Payable Historical Data

The historical data trend for Hainan Expressway 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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Hainan Expressway Co Days Payable Chart

Hainan Expressway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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624.93

1,526.76

707.24

149.20

352.45

Hainan Expressway 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															380.56	266.68	255.01	123.75	931.16

Competitive Comparison of Hainan Expressway Co's Days Payable

For the Engineering & Construction subindustry, Hainan Expressway 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.

Hainan Expressway Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hainan Expressway Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hainan Expressway Co's Days Payable falls into.

Hainan Expressway 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.

Hainan Expressway 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
=	( (33.528	+	132.525)	/	2 )	/	85.982	*	365
=	83.0265					/	85.982	*	365
=	352.45

Hainan Expressway 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
=	( (132.525	+	69.749)	/	2 )	/	9.911	*	365 / 4
=	101.137					/	9.911	*	365 / 4
=	931.16

Hainan Expressway Co Days Payable Related Terms

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Hainan Expressway Co (SZSE:000886) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hainan Expressway Co Ltd (SZSE:000886) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lantian Road, Highway Building No. 16, Hainan Province, Haikou, CHN, 570203

Website

http://www.hi-expressway.com

Hainan Expressway Co Ltd is engaged in the design, construction, conservation, and management of highways. Further, it is also involved in various other activities of real estate, hotel tourism, information networks, advertising and other fields. Geographically the activities are carried out through China.

Executives

Yao Wei Qing	Executives
Xu Da Jun	Supervisors
Ceng Guo Hua	Director
Fu Guo Hua	Director
Lin Sheng Ce	Executives

Hainan Expressway Co (SZSE:000886) Headlines

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