Jiangsu Alcha Aluminium Group Co (SZSE:002160) Days Payable : 60.89 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Jiangsu Alcha Aluminium Group Co Days Payable?

Jiangsu Alcha Aluminium Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥964 Mil. Jiangsu Alcha Aluminium Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,445 Mil. Hence, Jiangsu Alcha Aluminium Group Co's Days Payable for the three months ended in Mar. 2024 was 60.89.

The historical rank and industry rank for Jiangsu Alcha Aluminium Group Co's Days Payable or its related term are showing as below:

SZSE:002160' s Days Payable Range Over the Past 10 Years
Min: 54.49 Med: 76.71 Max: 109.42
Current: 54.49

During the past 13 years, Jiangsu Alcha Aluminium Group Co's highest Days Payable was 109.42. The lowest was 54.49. And the median was 76.71.

SZSE:002160's Days Payable is ranked worse than
71.8% of 1064 companies
in the Metals & Mining industry
Industry Median: 130.44 vs SZSE:002160: 54.49

Jiangsu Alcha Aluminium Group Co's Days Payable declined from Mar. 2023 (61.48) to Mar. 2024 (60.89). It may suggest that Jiangsu Alcha Aluminium Group Co accelerated paying its suppliers.

Jiangsu Alcha Aluminium Group Co Days Payable Historical Data

The historical data trend for Jiangsu Alcha Aluminium Group 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.

Jiangsu Alcha Aluminium Group Co Days Payable Chart

Jiangsu Alcha Aluminium Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

67.96

79.32

65.04

58.65

57.64

Jiangsu Alcha Aluminium Group 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															61.48	50.76	54.03	51.15	60.89

Competitive Comparison of Jiangsu Alcha Aluminium Group Co's Days Payable

For the Aluminum subindustry, Jiangsu Alcha Aluminium Group 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.

Jiangsu Alcha Aluminium Group Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jiangsu Alcha Aluminium Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Alcha Aluminium Group Co's Days Payable falls into.

Jiangsu Alcha Aluminium Group 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.

Jiangsu Alcha Aluminium Group 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
=	( (986.266	+	937.055)	/	2 )	/	6090.087	*	365
=	961.6605					/	6090.087	*	365
=	57.64

Jiangsu Alcha Aluminium Group 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
=	( (937.055	+	991.675)	/	2 )	/	1445.192	*	365 / 4
=	964.365					/	1445.192	*	365 / 4
=	60.89

Jiangsu Alcha Aluminium Group Co Days Payable Related Terms

Thank you for viewing the detailed overview of Jiangsu Alcha Aluminium Group Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Jiangsu Alcha Aluminium Group Co (SZSE:002160) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jiangsu Alcha Aluminium Group Co Ltd (SZSE:002160) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

West Baimao, Guli Town, Jiangsu, Changshu, CHN, 215532

Website

http://www.alcha.com

Jiangsu Alcha Aluminium Group Co Ltd engages in the research and development, production, processing, and sale of aluminum foils, coated aluminum foils for an air conditioner, and aluminum strips and plates in China and internationally. Some of its products include fin stock for an air conditioner, aluminum non-clad and clad materials for a heat exchanger of an automobile, PS plates, blind stock and aluminum alloy sheets.

Jiangsu Alcha Aluminium Group Co (SZSE:002160) Headlines

No Headlines