Power Construction of China (SHSE:601669) Days Payable : 182.88 (As of Mar. 2024)

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What is Power Construction of China Days Payable?

Power Construction of China's average Accounts Payable for the three months ended in Mar. 2024 was ¥247,841 Mil. Power Construction of China's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥123,666 Mil. Hence, Power Construction of China's Days Payable for the three months ended in Mar. 2024 was 182.88.

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

SHSE:601669' s Days Payable Range Over the Past 10 Years
Min: 98.42 Med: 135.42 Max: 163.97
Current: 161.44

During the past 13 years, Power Construction of China's highest Days Payable was 163.97. The lowest was 98.42. And the median was 135.42.

SHSE:601669's Days Payable is ranked better than
78.38% of 1605 companies
in the Construction industry
Industry Median: 73.78 vs SHSE:601669: 161.44

Power Construction of China's Days Payable increased from Mar. 2023 (169.87) to Mar. 2024 (182.88). It may suggest that Power Construction of China delayed paying its suppliers.

Power Construction of China Days Payable Historical Data

The historical data trend for Power Construction of China'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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Power Construction of China Days Payable Chart

Power Construction of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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139.88

133.37

118.78

150.11

163.97

Power Construction of China 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															169.87	156.53	177.12	141.40	182.88

Competitive Comparison of Power Construction of China's Days Payable

For the Engineering & Construction subindustry, Power Construction of China'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.

Power Construction of China's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Power Construction of China's Days Payable distribution charts can be found below:

* The bar in red indicates where Power Construction of China's Days Payable falls into.

Power Construction of China 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.

Power Construction of China'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
=	( (220618.004	+	253968.605)	/	2 )	/	528232.797	*	365
=	237293.3045					/	528232.797	*	365
=	163.97

Power Construction of China'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
=	( (253968.605	+	241713.313)	/	2 )	/	123666.176	*	365 / 4
=	247840.959					/	123666.176	*	365 / 4
=	182.88

Power Construction of China Days Payable Related Terms

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Power Construction of China (SHSE:601669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Power Construction Corporation of China Ltd (SHSE:601669) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.22, Chegongzhuang West Road, Haidian District, Beijing, CHN, 100048

Website

http://www.powerchina.cn

Power Construction Corporation of China Ltd is engaged in the construction and operation of hydropower projects, special equipment manufacturing and real estate development and management.

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