GEPIC Energy Development Co (SZSE:000791) Days Payable : 105.93 (As of Mar. 2024)

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What is GEPIC Energy Development Co Days Payable?

GEPIC Energy Development Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥417 Mil. GEPIC Energy Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥360 Mil. Hence, GEPIC Energy Development Co's Days Payable for the three months ended in Mar. 2024 was 105.93.

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

SZSE:000791' s Days Payable Range Over the Past 10 Years
Min: 44.43 Med: 93.29 Max: 198.3
Current: 136.95

During the past 13 years, GEPIC Energy Development Co's highest Days Payable was 198.30. The lowest was 44.43. And the median was 93.29.

SZSE:000791's Days Payable is ranked better than
66.07% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.06 vs SZSE:000791: 136.95

GEPIC Energy Development Co's Days Payable declined from Mar. 2023 (292.38) to Mar. 2024 (105.93). It may suggest that GEPIC Energy Development Co accelerated paying its suppliers.

GEPIC Energy Development Co Days Payable Historical Data

The historical data trend for GEPIC Energy Development 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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GEPIC Energy Development Co Days Payable Chart

GEPIC Energy Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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71.11

54.57

57.62

193.66

198.30

GEPIC Energy Development 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															292.38	216.89	175.54	94.82	105.93

Competitive Comparison of GEPIC Energy Development Co's Days Payable

For the Utilities - Renewable subindustry, GEPIC Energy Development 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.

GEPIC Energy Development Co's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, GEPIC Energy Development Co's Days Payable distribution charts can be found below:

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

GEPIC Energy Development 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.

GEPIC Energy Development 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
=	( (1178.974	+	543.562)	/	2 )	/	1585.277	*	365
=	861.268					/	1585.277	*	365
=	198.30

GEPIC Energy Development 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
=	( (543.562	+	291.389)	/	2 )	/	359.618	*	365 / 4
=	417.4755					/	359.618	*	365 / 4
=	105.93

GEPIC Energy Development Co Days Payable Related Terms

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GEPIC Energy Development Co (SZSE:000791) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » GEPIC Energy Development Co Ltd (SZSE:000791) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Road No. 69 Building Investment Group, 24th Floor, Gansu North Riverside, Gansu Province, Lanzhou, CHN

Website

http://www.gepiced.com

GEPIC Energy Development Co Ltd manufactures and distributes paints, pigments and pipes. It also involved in property development and management, as well as commercial trading and logistics businesses.

GEPIC Energy Development Co (SZSE:000791) Headlines

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