Kailuan Energy Chemical Co (SHSE:600997) Days Payable : 101.60 (As of Mar. 2024)

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What is Kailuan Energy Chemical Co Days Payable?

Kailuan Energy Chemical Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥5,236 Mil. Kailuan Energy Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥4,702 Mil. Hence, Kailuan Energy Chemical Co's Days Payable for the three months ended in Mar. 2024 was 101.60.

The historical rank and industry rank for Kailuan Energy Chemical Co's Days Payable or its related term are showing as below:

SHSE:600997' s Days Payable Range Over the Past 10 Years
Min: 78.11 Med: 93 Max: 106.88
Current: 98.45

During the past 13 years, Kailuan Energy Chemical Co's highest Days Payable was 106.88. The lowest was 78.11. And the median was 93.00.

SHSE:600997's Days Payable is ranked better than
83.5% of 588 companies
in the Steel industry
Industry Median: 41.41 vs SHSE:600997: 98.45

Kailuan Energy Chemical Co's Days Payable increased from Mar. 2023 (98.33) to Mar. 2024 (101.60). It may suggest that Kailuan Energy Chemical Co delayed paying its suppliers.

Kailuan Energy Chemical Co Days Payable Historical Data

The historical data trend for Kailuan Energy Chemical 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.

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Kailuan Energy Chemical Co Days Payable Chart

Kailuan Energy Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

81.88

92.62

93.38

96.25

106.88

Kailuan Energy Chemical 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															98.33	99.17	101.05	89.59	101.60

Competitive Comparison of Kailuan Energy Chemical Co's Days Payable

For the Coking Coal subindustry, Kailuan Energy Chemical 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.

Kailuan Energy Chemical Co's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kailuan Energy Chemical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kailuan Energy Chemical Co's Days Payable falls into.

Kailuan Energy Chemical 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.

Kailuan Energy Chemical 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
=	( (6143.763	+	5345.955)	/	2 )	/	19618.045	*	365
=	5744.859					/	19618.045	*	365
=	106.88

Kailuan Energy Chemical 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
=	( (5345.955	+	5125.137)	/	2 )	/	4702.295	*	365 / 4
=	5235.546					/	4702.295	*	365 / 4
=	101.60

Kailuan Energy Chemical Co Days Payable Related Terms

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Kailuan Energy Chemical Co (SHSE:600997) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kailuan Energy Chemical Co Ltd (SHSE:600997) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 70 Xinhua East Road, East Building, Hebei, Tangshan, CHN, 63018

Website

http://www.kkcc.com.cn

Kailuan Energy Chemical Co Ltd is engaged in the processing and distribution of coal in China. It also produces raw coal products and washed coal products, as well as metallurgical coke, methanol, pure benzole and other coking products. Geographically the business activities are carried out through China.

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