Tian Lun Gas Holdings (HKSE:01600) Days Payable : 35.53 (As of Dec. 2023)

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What is Tian Lun Gas Holdings Days Payable?

Tian Lun Gas Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$624 Mil. Tian Lun Gas Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,203 Mil. Hence, Tian Lun Gas Holdings's Days Payable for the six months ended in Dec. 2023 was 35.53.

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

HKSE:01600' s Days Payable Range Over the Past 10 Years
Min: 37.68 Med: 64.04 Max: 130.97
Current: 37.68

During the past 13 years, Tian Lun Gas Holdings's highest Days Payable was 130.97. The lowest was 37.68. And the median was 64.04.

HKSE:01600's Days Payable is ranked worse than
77.53% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.385 vs HKSE:01600: 37.68

Tian Lun Gas Holdings's Days Payable declined from Dec. 2022 (43.72) to Dec. 2023 (35.53). It may suggest that Tian Lun Gas Holdings accelerated paying its suppliers.

Tian Lun Gas Holdings Days Payable Historical Data

The historical data trend for Tian Lun Gas 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.

Tian Lun Gas Holdings Days Payable Chart

Tian Lun Gas Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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75.91

61.45

51.92

50.32

39.74

Tian Lun Gas 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															57.10	43.38	43.72	37.63	35.53

Competitive Comparison of Tian Lun Gas Holdings's Days Payable

For the Utilities - Regulated Gas subindustry, Tian Lun Gas 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.

Tian Lun Gas Holdings's Days Payable Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Tian Lun Gas Holdings's Days Payable falls into.

Tian Lun Gas 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.

Tian Lun Gas 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
=	( (877.689	+	616.332)	/	2 )	/	6860.839	*	365
=	747.0105					/	6860.839	*	365
=	39.74

Tian Lun Gas 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
=	( (630.788	+	616.332)	/	2 )	/	3202.646	*	365 / 2
=	623.56					/	3202.646	*	365 / 2
=	35.53

Tian Lun Gas Holdings Days Payable Related Terms

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Tian Lun Gas Holdings (HKSE:01600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tian Lun Gas Holdings Ltd (HKSE:01600) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TLJ:Germany

Address

No. 6 Huang He East Road, 4th Floor, Tian Lun Group Building, Zheng Dong Xin District, Henan Province, Zhengzhou City, CHN, 450003

Website

https://www.tianlungas.com

Tian Lun Gas Holdings Ltd is a Chinese investment holding company whose subsidiaries are engaged in the investment, operation and management of gas pipeline connections, transportation, distribution and sales of gas, construction and operation of gas filling stations, and production and sales of LNG in the People's Republic of China. The segments of the company are sale of natural gas in cylinders, sale of natural gas in bulk and engineering construction services. The company derives majority of its revenue from the sale of natural gas.

Tian Lun Gas Holdings (HKSE:01600) Headlines

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