China Railway Prefabricated Construction Co (SZSE:300374) Days Payable : 304.44 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is China Railway Prefabricated Construction Co Days Payable?

China Railway Prefabricated Construction Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,025 Mil. China Railway Prefabricated Construction Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥307 Mil. Hence, China Railway Prefabricated Construction Co's Days Payable for the three months ended in Mar. 2024 was 304.44.

The historical rank and industry rank for China Railway Prefabricated Construction Co's Days Payable or its related term are showing as below:

SZSE:300374' s Days Payable Range Over the Past 10 Years
Min: 64.15 Med: 209.81 Max: 370.58
Current: 216.15

During the past 13 years, China Railway Prefabricated Construction Co's highest Days Payable was 370.58. The lowest was 64.15. And the median was 209.81.

SZSE:300374's Days Payable is ranked better than
89.22% of 371 companies
in the Building Materials industry
Industry Median: 66.44 vs SZSE:300374: 216.15

China Railway Prefabricated Construction Co's Days Payable declined from Mar. 2023 (389.98) to Mar. 2024 (304.44). It may suggest that China Railway Prefabricated Construction Co accelerated paying its suppliers.

China Railway Prefabricated Construction Co Days Payable Historical Data

The historical data trend for China Railway Prefabricated Construction 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.

China Railway Prefabricated Construction Co Days Payable Chart

China Railway Prefabricated Construction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

207.39

215.67

301.29

370.58

228.22

China Railway Prefabricated Construction 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															389.98	181.85	222.53	197.67	304.44

Competitive Comparison of China Railway Prefabricated Construction Co's Days Payable

For the Building Materials subindustry, China Railway Prefabricated Construction 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.

China Railway Prefabricated Construction Co's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Railway Prefabricated Construction Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Railway Prefabricated Construction Co's Days Payable falls into.

China Railway Prefabricated Construction 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.

China Railway Prefabricated Construction 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
=	( (712.718	+	1044.715)	/	2 )	/	1405.369	*	365
=	878.7165					/	1405.369	*	365
=	228.22

China Railway Prefabricated Construction 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
=	( (1044.715	+	1004.6)	/	2 )	/	307.12	*	365 / 4
=	1024.6575					/	307.12	*	365 / 4
=	304.44

China Railway Prefabricated Construction Co Days Payable Related Terms

Thank you for viewing the detailed overview of China Railway Prefabricated Construction Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

China Railway Prefabricated Construction Co (SZSE:300374) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Railway Prefabricated Construction Co Ltd (SZSE:300374) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 86-5, Wanxing Road, Changyang, Fangshan District, Beijing, CHN, 102444

Website

http://www.htcxms.com

China Railway Prefabricated Construction Co Ltd is engaged in production, sales and assembly of building materials such as new wall materials, building structure materials, indoor and outdoor decoration materials, garden landscape materials.

Executives

Sun Zhi Qiang	Director
Shen Hai Jun	Executives
Song Ai Jun	Supervisors
Tan Li Ming	Secretary Dong
Liu Wen Cai	Executives
Wang Yu Lian	Directors, executives
Wang Qiu Yan	Directors, executives

China Railway Prefabricated Construction Co (SZSE:300374) Headlines

No Headlines