Beijing Gas Blue Sky Holdings (Beijing Gas Blue Sky Holdings) Days Payable : 20.65 (As of Dec. 2023)

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What is Beijing Gas Blue Sky Holdings Days Payable?

Beijing Gas Blue Sky Holdings's average Accounts Payable for the six months ended in Dec. 2023 was $13.6 Mil. Beijing Gas Blue Sky Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $120.1 Mil. Hence, Beijing Gas Blue Sky Holdings's Days Payable for the six months ended in Dec. 2023 was 20.65.

The historical rank and industry rank for Beijing Gas Blue Sky Holdings's Days Payable or its related term are showing as below:

BJGBF' s Days Payable Range Over the Past 10 Years
Min: 14.55 Med: 36.66 Max: 93.47
Current: 18.67

During the past 13 years, Beijing Gas Blue Sky Holdings's highest Days Payable was 93.47. The lowest was 14.55. And the median was 36.66.

BJGBF's Days Payable is ranked worse than
95.54% of 493 companies
in the Utilities - Regulated industry
Industry Median: 66.15 vs BJGBF: 18.67

Beijing Gas Blue Sky Holdings's Days Payable declined from Dec. 2022 (34.27) to Dec. 2023 (20.65). It may suggest that Beijing Gas Blue Sky Holdings accelerated paying its suppliers.

Beijing Gas Blue Sky Holdings Days Payable Historical Data

The historical data trend for Beijing Gas Blue Sky Holdings'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.

Beijing Gas Blue Sky Holdings Days Payable Chart

Beijing Gas Blue Sky Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

40.68

93.14

66.73

45.44

18.94

Beijing Gas Blue Sky Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															132.65	42.27	34.27	16.87	20.65

Competitive Comparison of Beijing Gas Blue Sky Holdings's Days Payable

For the Utilities - Regulated Gas subindustry, Beijing Gas Blue Sky Holdings'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.

Beijing Gas Blue Sky Holdings's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Gas Blue Sky Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Gas Blue Sky Holdings's Days Payable falls into.

Beijing Gas Blue Sky Holdings 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.

Beijing Gas Blue Sky Holdings'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
=	( (13.801	+	13.909)	/	2 )	/	266.96	*	365
=	13.855					/	266.96	*	365
=	18.94

Beijing Gas Blue Sky Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (13.267	+	13.909)	/	2 )	/	120.114	*	365 / 2
=	13.588					/	120.114	*	365 / 2
=	20.65

Beijing Gas Blue Sky Holdings Days Payable Related Terms

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Beijing Gas Blue Sky Holdings (Beijing Gas Blue Sky Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Beijing Gas Blue Sky Holdings Ltd (OTCPK:BJGBF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

06828:Hong Kong KO32:Germany

Address

200 Connaught Road, Room 3402-4, 34th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

http://www.bgbluesky.com

Beijing Gas Blue Sky Holdings Ltd is an investment holding company engaged in the sales of natural gas and other related products. It operates in the segments of Natural gas refueling stations, Trading, and distribution of natural gas, Direct supply to industrial users, and City GasCity gas operation segment. The group's operations are located in Mainland China.

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