Anhui Fuhuang Steel Structure Co (SZSE:002743) Days Payable : 299.61 (As of Mar. 2024)

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What is Anhui Fuhuang Steel Structure Co Days Payable?

Anhui Fuhuang Steel Structure Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,596 Mil. Anhui Fuhuang Steel Structure Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥791 Mil. Hence, Anhui Fuhuang Steel Structure Co's Days Payable for the three months ended in Mar. 2024 was 299.61.

The historical rank and industry rank for Anhui Fuhuang Steel Structure Co's Days Payable or its related term are showing as below:

SZSE:002743' s Days Payable Range Over the Past 10 Years
Min: 197.95 Med: 278.73 Max: 358.63
Current: 319.32

During the past 13 years, Anhui Fuhuang Steel Structure Co's highest Days Payable was 358.63. The lowest was 197.95. And the median was 278.73.

SZSE:002743's Days Payable is ranked better than
97.28% of 588 companies
in the Steel industry
Industry Median: 39.7 vs SZSE:002743: 319.32

Anhui Fuhuang Steel Structure Co's Days Payable declined from Mar. 2023 (301.81) to Mar. 2024 (299.61). It may suggest that Anhui Fuhuang Steel Structure Co accelerated paying its suppliers.

Anhui Fuhuang Steel Structure Co Days Payable Historical Data

The historical data trend for Anhui Fuhuang Steel Structure 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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Anhui Fuhuang Steel Structure Co Days Payable Chart

Anhui Fuhuang Steel Structure Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

281.92

331.64

275.53

349.57

294.09

Anhui Fuhuang Steel Structure 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															301.81	266.86	393.41	353.63	299.61

Competitive Comparison of Anhui Fuhuang Steel Structure Co's Days Payable

For the Steel subindustry, Anhui Fuhuang Steel Structure 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.

Anhui Fuhuang Steel Structure Co's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Anhui Fuhuang Steel Structure Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anhui Fuhuang Steel Structure Co's Days Payable falls into.

Anhui Fuhuang Steel Structure 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.

Anhui Fuhuang Steel Structure 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
=	( (3667.734	+	2649.154)	/	2 )	/	3919.957	*	365
=	3158.444					/	3919.957	*	365
=	294.09

Anhui Fuhuang Steel Structure 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
=	( (2649.154	+	2543.051)	/	2 )	/	790.68	*	365 / 4
=	2596.1025					/	790.68	*	365 / 4
=	299.61

Anhui Fuhuang Steel Structure Co Days Payable Related Terms

Thank you for viewing the detailed overview of Anhui Fuhuang Steel Structure Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Anhui Fuhuang Steel Structure Co (SZSE:002743) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Anhui Fuhuang Steel Structure Co Ltd (SZSE:002743) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Huanglu Town of Chaohu Fuhuang Industrial Park, Anhui, CHN, 238076

Website

http://www.fuhuang.cn

Anhui Fuhuang Steel Structure Co Ltd is engaged in the design, manufacture, installation and contracting of a set of the steel structure. It also includes assembly-type building industrialization, heavy-duty construction steel structure, heavy-duty special steel structure, light steel structure, aesthetic wood customization, high-speed visual perception and high-end door and window product serialization development.

Anhui Fuhuang Steel Structure Co (SZSE:002743) Headlines

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