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Dongjiang Environmental Co (SZSE:002672) Days Payable : 74.70 (As of Jun. 2024)


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What is Dongjiang Environmental Co Days Payable?

Dongjiang Environmental Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥560 Mil. Dongjiang Environmental Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥684 Mil. Hence, Dongjiang Environmental Co's Days Payable for the three months ended in Jun. 2024 was 74.70.

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

SZSE:002672' s Days Payable Range Over the Past 10 Years
Min: 59.63   Med: 109.93   Max: 130.16
Current: 64.28

During the past 13 years, Dongjiang Environmental Co's highest Days Payable was 130.16. The lowest was 59.63. And the median was 109.93.

SZSE:002672's Days Payable is ranked worse than
55.17% of 232 companies
in the Waste Management industry
Industry Median: 72.325 vs SZSE:002672: 64.28

Dongjiang Environmental Co's Days Payable increased from Jun. 2023 (45.59) to Jun. 2024 (74.70). It may suggest that Dongjiang Environmental Co delayed paying its suppliers.


Dongjiang Environmental Co Days Payable Historical Data

The historical data trend for Dongjiang 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.

Dongjiang Environmental Co Days Payable Chart

Dongjiang Environmental 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 123.39 126.95 98.40 85.24 66.50

Dongjiang Environmental 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 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 52.78 56.30 82.56 74.70 61.32

Competitive Comparison of Dongjiang Environmental Co's Days Payable

For the Waste Management subindustry, Dongjiang 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.


Dongjiang Environmental Co's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Dongjiang Environmental Co's Days Payable distribution charts can be found below:

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



Dongjiang 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.

Dongjiang Environmental 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
=( (686.424 + 715.835) / 2 ) / 3848.322*365
=701.1295 / 3848.322*365
=66.50

Dongjiang Environmental Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0 + 560.3) / 1 ) / 684.471*365 / 4
=560.3 / 684.471*365 / 4
=74.70

* 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.


Dongjiang Environmental Co Days Payable Related Terms

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Dongjiang Environmental Co Business Description

Traded in Other Exchanges
Address
No. 9 Langshan Road, 1st Floor, 3rd Floor, North of 8th Floor, 9th-12th Floor, Dongjiang Environmental Building, North Zone of Hi-tech Industrial Park, Nanshan, Shenzhen, CHN
Dongjiang Environmental Co Ltd is an investment holding company principally engaged in waste treatment businesses. It operates in the following segments: Industrial waste recycling; Industrial waste treatment and disposal; Rare and precious metals recycling; Municipal waste treatment and disposal; Electronic waste dismantling treatment; Renewable energy utilization; Environmental engineering and services and others. It derives maximum revenue from Rare and precious metals recycling segment.
Executives
Zhao Xue Chao Supervisors
Wang Tian Secretary Dong
Wang Na Securities Affairs Representative
Liu Ren Director
Li Yong Peng Directors, executives
Xie Heng Hua Executives
Zhang Kai Director
Zhu Zheng Fu Independent director
Cao Ting Wu Executives
Zhou Yao Ming Executives
Ren Yu Nan Supervisors
Huang Wei Ming Supervisors
Liu An Supervisors
Lan Yong Hui Executives
Chen Shu Sheng Directors, executives

Dongjiang Environmental Co Headlines

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