CGN Power Co (SZSE:003816) Days Payable : 153.50 (As of Jun. 2024)

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What is CGN Power Co Days Payable?

CGN Power Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥21,101 Mil. CGN Power Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥12,544 Mil. Hence, CGN Power Co's Days Payable for the three months ended in Jun. 2024 was 153.50.

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

SZSE:003816' s Days Payable Range Over the Past 10 Years
Min: 66.27 Med: 144.87 Max: 211.54
Current: 141.72

During the past 11 years, CGN Power Co's highest Days Payable was 211.54. The lowest was 66.27. And the median was 144.87.

SZSE:003816's Days Payable is ranked better than
69.9% of 382 companies
in the Utilities - Independent Power Producers industry
Industry Median: 82.855 vs SZSE:003816: 141.72

CGN Power Co's Days Payable declined from Jun. 2023 (171.29) to Jun. 2024 (153.50). It may suggest that CGN Power Co accelerated paying its suppliers.

CGN Power Co Days Payable Historical Data

The historical data trend for CGN Power 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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CGN Power Co Days Payable Chart

CGN Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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185.07

158.93

127.04

137.95

160.22

CGN Power Co Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															150.10	126.23	178.26	153.50	120.76

Competitive Comparison of CGN Power Co's Days Payable

For the Utilities - Independent Power Producers subindustry, CGN Power 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.

CGN Power Co's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CGN Power Co's Days Payable distribution charts can be found below:

* The bar in red indicates where CGN Power Co's Days Payable falls into.

CGN Power 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.

CGN Power 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
=	( (22967.702	+	23436.997)	/	2 )	/	52857.623	*	365
=	23202.3495					/	52857.623	*	365
=	160.22

CGN Power 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
=	( (22071.645	+	20130.09)	/	2 )	/	12543.529	*	365 / 4
=	21100.8675					/	12543.529	*	365 / 4
=	153.50

CGN Power Co Days Payable Related Terms

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CGN Power Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » CGN Power Co Ltd (SZSE:003816) » Definitions » Days Payable

Traded in Other Exchanges

01816:Hong Kong 94C:Germany

Address

No. 2002 Shennan Road, 18th Floor, South Tower, CGN Building, Futian District, Guangdong Province, Shenzhen, CHN, 518026

Website

http://www.cgnp.com.cn

CGN Power is a major nuclear power producer in China. It operates 27 nuclear power generating units (total installed capacity of 30.6 gigawatts), with 14 units in Guangdong and the rest in Guangxi, Fujian, and Liaoning provinces as of end-2023. CGN is adding capacity of 8.4 gigawatts into its operations over the next five years. State-owned China General Nuclear Power, controls about 58.9% of CGN Power.

Executives

Chen Ying Jian	Executives
Yin En Gang	Executives

CGN Power Co Headlines

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