China XLX Fertiliser (HKSE:01866) Days Payable : 39.00 (As of Dec. 2023)

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What is China XLX Fertiliser Days Payable?

China XLX Fertiliser's average Accounts Payable for the six months ended in Dec. 2023 was HK$2,183 Mil. China XLX Fertiliser's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$10,216 Mil. Hence, China XLX Fertiliser's Days Payable for the six months ended in Dec. 2023 was 39.00.

The historical rank and industry rank for China XLX Fertiliser's Days Payable or its related term are showing as below:

HKSE:01866' s Days Payable Range Over the Past 10 Years
Min: 8.09 Med: 30.78 Max: 60.39
Current: 32.53

During the past 13 years, China XLX Fertiliser's highest Days Payable was 60.39. The lowest was 8.09. And the median was 30.78.

HKSE:01866's Days Payable is ranked worse than
80.34% of 234 companies
in the Agriculture industry
Industry Median: 78.955 vs HKSE:01866: 32.53

China XLX Fertiliser's Days Payable increased from Dec. 2022 (24.41) to Dec. 2023 (39.00). It may suggest that China XLX Fertiliser delayed paying its suppliers.

China XLX Fertiliser Days Payable Historical Data

The historical data trend for China XLX Fertiliser'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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China XLX Fertiliser Days Payable Chart

China XLX Fertiliser Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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45.72

60.39

45.27

28.50

33.06

China XLX Fertiliser 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															45.86	29.25	24.41	25.96	39.00

Competitive Comparison of China XLX Fertiliser's Days Payable

For the Agricultural Inputs subindustry, China XLX Fertiliser'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 XLX Fertiliser's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, China XLX Fertiliser's Days Payable distribution charts can be found below:

* The bar in red indicates where China XLX Fertiliser's Days Payable falls into.

China XLX Fertiliser 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 XLX Fertiliser'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
=	( (1275.641	+	2545.973)	/	2 )	/	21097.155	*	365
=	1910.807					/	21097.155	*	365
=	33.06

China XLX Fertiliser'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
=	( (1819.831	+	2545.973)	/	2 )	/	10215.781	*	365 / 2
=	2182.902					/	10215.781	*	365 / 2
=	39.00

China XLX Fertiliser Days Payable Related Terms

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China XLX Fertiliser (HKSE:01866) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » China XLX Fertiliser Ltd (HKSE:01866) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xinxiang Economic Development Zone, Henan Province, Xinxiang, CHN, 453731

Website

http://www.chinaxlx.com.hk

China XLX Fertiliser Ltd is an investment holding company engaged in the manufacturing and sale of fertilizers. It operates in the following segments: Urea, Compound fertilizer, DME (dimethyl ether), Methanol, Melamine, Urea Solution for vehicles, Furfuryl alcohol, Medical Intermediate, and others. Its geographical segments are China and Overseas, of which China accounts for the vast majority of its revenue.

China XLX Fertiliser (HKSE:01866) Headlines

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