CITIC Envirotech (TPE:911610) Days Payable : 784.76 (As of Sep. 2019)

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What is CITIC Envirotech Days Payable?

CITIC Envirotech's average Accounts Payable for the three months ended in Sep. 2019 was NT$13,437 Mil. CITIC Envirotech's Cost of Goods Sold for the three months ended in Sep. 2019 was NT$1,562 Mil. Hence, CITIC Envirotech's Days Payable for the three months ended in Sep. 2019 was 784.76.

The historical rank and industry rank for CITIC Envirotech's Days Payable or its related term are showing as below:

TPE:911610' s Days Payable Range Over the Past 10 Years
Min: 7.61 Med: 230.14 Max: 653.88
Current: 653.88

During the past 13 years, CITIC Envirotech's highest Days Payable was 653.88. The lowest was 7.61. And the median was 230.14.

TPE:911610's Days Payable is not ranked
in the Industrial Products industry.
Industry Median: 76.585 vs TPE:911610: 653.88

CITIC Envirotech's Days Payable increased from Sep. 2018 (570.65) to Sep. 2019 (784.76). It may suggest that CITIC Envirotech delayed paying its suppliers.

CITIC Envirotech Days Payable Historical Data

The historical data trend for CITIC Envirotech'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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CITIC Envirotech Days Payable Chart

CITIC Envirotech Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Dec16

Dec17

Dec18

Days Payable

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271.60

218.88

264.89

350.05

372.28

CITIC Envirotech Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Days Payable	Get a 7-Day Free Trial															570.65	700.16	2,916.12	551.46	784.76

Competitive Comparison of CITIC Envirotech's Days Payable

For the Pollution & Treatment Controls subindustry, CITIC Envirotech'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.

CITIC Envirotech's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CITIC Envirotech's Days Payable distribution charts can be found below:

* The bar in red indicates where CITIC Envirotech's Days Payable falls into.

CITIC Envirotech 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.

CITIC Envirotech's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

	Days Payable (A: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2017 )	+	Accounts Payable (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (11333.446	+	16215.103)	/	2 )	/	13505.061	*	365
=	13774.2745					/	13505.061	*	365
=	372.28

CITIC Envirotech's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

	Days Payable (Q: Sep. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2019 )	+	Accounts Payable (Q: Sep. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
=	( (14600.855	+	12273.03)	/	2 )	/	1562.423	*	365 / 4
=	13436.9425					/	1562.423	*	365 / 4
=	784.76

CITIC Envirotech Days Payable Related Terms

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CITIC Envirotech (TPE:911610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CITIC Envirotech Ltd (TPE:911610) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Science Park Road, No. 01-01 The Alpha, Singapore, SGP, 117684

Website

http://www.citicenvirotech.com

CITIC Envirotech Ltd is a provider of membrane-based integrated environmental solutions. The company manufactures membrane products whose technologies are applied for the treatment and recycling of wastewater. Its principal activities include design, fabrication, installation, and commissioning of water and wastewater systems. The company operates through two segments. Its Engineering and membrane system comprises of Engineering and Membrane system sales. The Treatment segment is engaged in the rendering of wastewater treatment services and the Membrane manufacturing and sales segment manufactures and sells polymers. The company's geographical area of operation includes the People's Republic of China, the United States of America and Malaysia.

CITIC Envirotech (TPE:911610) Headlines

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