Bengang Steel Plates Co (SZSE:200761) Days Payable : 100.44 (As of Sep. 2024)

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What is Bengang Steel Plates Co Days Payable?

Bengang Steel Plates Co's average Accounts Payable for the three months ended in Sep. 2024 was HK$15,976 Mil. Bengang Steel Plates Co's Cost of Goods Sold for the three months ended in Sep. 2024 was HK$14,514 Mil. Hence, Bengang Steel Plates Co's Days Payable for the three months ended in Sep. 2024 was 100.44.

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

SZSE:200761' s Days Payable Range Over the Past 10 Years
Min: 52.98 Med: 110.35 Max: 140.39
Current: 88.05

During the past 13 years, Bengang Steel Plates Co's highest Days Payable was 140.39. The lowest was 52.98. And the median was 110.35.

SZSE:200761's Days Payable is ranked better than
81.43% of 603 companies
in the Steel industry
Industry Median: 40.36 vs SZSE:200761: 88.05

Bengang Steel Plates Co's Days Payable increased from Sep. 2023 (85.75) to Sep. 2024 (100.44). It may suggest that Bengang Steel Plates Co delayed paying its suppliers.

Bengang Steel Plates Co Days Payable Historical Data

The historical data trend for Bengang Steel Plates 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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Bengang Steel Plates Co Days Payable Chart

Bengang Steel Plates Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

119.47

122.27

64.01

55.80

67.05

Bengang Steel Plates 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															85.75	79.58	80.65	91.16	100.44

Competitive Comparison of Bengang Steel Plates Co's Days Payable

For the Steel subindustry, Bengang Steel Plates 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.

Bengang Steel Plates Co's Days Payable Distribution in the Steel Industry

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

* The bar in red indicates where Bengang Steel Plates Co's Days Payable falls into.

Bengang Steel Plates 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.

Bengang Steel Plates 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
=	( (9029.484	+	14409.912)	/	2 )	/	63796.06	*	365
=	11719.698					/	63796.06	*	365
=	67.05

Bengang Steel Plates Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (15110.638	+	16840.618)	/	2 )	/	14514.2	*	365 / 4
=	15975.628					/	14514.2	*	365 / 4
=	100.44

Bengang Steel Plates Co Days Payable Related Terms

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Bengang Steel Plates Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bengang Steel Plates Co Ltd (SZSE:200761) » Definitions » Days Payable

Traded in Other Exchanges

000761:China

Address

No.16, Renmin Road, Pingshan District, Liaoning Province, Benxi, CHN, 117000

Website

http://www.bxsteel.com

Bengang Steel Plates Co Ltd is an iron and steel smelting company. Its products are applied in automobiles, household appliances, petrochemical engineering, machine manufacturing, energy transportation, architectural decoration, metal parts, and various other industries and are exported to more than 60 countries and regions.

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