Pingdingshan Tianan Coal Mining Co (SHSE:601666) Days Payable : 272.89 (As of Mar. 2024)

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What is Pingdingshan Tianan Coal Mining Co Days Payable?

Pingdingshan Tianan Coal Mining Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥18,031 Mil. Pingdingshan Tianan Coal Mining Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥6,029 Mil. Hence, Pingdingshan Tianan Coal Mining Co's Days Payable for the three months ended in Mar. 2024 was 272.89.

The historical rank and industry rank for Pingdingshan Tianan Coal Mining Co's Days Payable or its related term are showing as below:

SHSE:601666' s Days Payable Range Over the Past 10 Years
Min: 148.32 Med: 237.53 Max: 302.74
Current: 302.74

During the past 13 years, Pingdingshan Tianan Coal Mining Co's highest Days Payable was 302.74. The lowest was 148.32. And the median was 237.53.

SHSE:601666's Days Payable is ranked better than
88.89% of 126 companies
in the Other Energy Sources industry
Industry Median: 67.195 vs SHSE:601666: 302.74

Pingdingshan Tianan Coal Mining Co's Days Payable increased from Mar. 2023 (265.25) to Mar. 2024 (272.89). It may suggest that Pingdingshan Tianan Coal Mining Co delayed paying its suppliers.

Pingdingshan Tianan Coal Mining Co Days Payable Historical Data

The historical data trend for Pingdingshan Tianan Coal Mining 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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Pingdingshan Tianan Coal Mining Co Days Payable Chart

Pingdingshan Tianan Coal Mining Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

237.15

287.89

249.58

262.22

298.94

Pingdingshan Tianan Coal Mining 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															265.25	338.44	324.96	274.76	272.89

Competitive Comparison of Pingdingshan Tianan Coal Mining Co's Days Payable

For the Thermal Coal subindustry, Pingdingshan Tianan Coal Mining 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.

Pingdingshan Tianan Coal Mining Co's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Pingdingshan Tianan Coal Mining Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Pingdingshan Tianan Coal Mining Co's Days Payable falls into.

Pingdingshan Tianan Coal Mining 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.

Pingdingshan Tianan Coal Mining 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
=	( (18125.2	+	17312.965)	/	2 )	/	21634.736	*	365
=	17719.0825					/	21634.736	*	365
=	298.94

Pingdingshan Tianan Coal Mining 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
=	( (17312.965	+	18748.898)	/	2 )	/	6029.293	*	365 / 4
=	18030.9315					/	6029.293	*	365 / 4
=	272.89

Pingdingshan Tianan Coal Mining Co Days Payable Related Terms

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Pingdingshan Tianan Coal Mining Co (SHSE:601666) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Pingdingshan Tianan Coal Mining Co Ltd (SHSE:601666) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 21 Kuanggong Middle Road, Pingtingshan, Henan, CHN, 467000

Website

http://www.pmta.com.cn

Pingdingshan Tianan Coal Mining Co Ltd is engaged in the business of coal mining, coal washing, and processing and coal sales. The product portfolio includes power coal and smelting clean coal.

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