Shaanxi Energy Investment Co (SZSE:001286) Days Payable : 130.97 (As of Mar. 2024)

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What is Shaanxi Energy Investment Co Days Payable?

Shaanxi Energy Investment Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥4,788 Mil. Shaanxi Energy Investment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,336 Mil. Hence, Shaanxi Energy Investment Co's Days Payable for the three months ended in Mar. 2024 was 130.97.

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

SZSE:001286' s Days Payable Range Over the Past 10 Years
Min: 122.76 Med: 216.96 Max: 497.06
Current: 122.76

During the past 6 years, Shaanxi Energy Investment Co's highest Days Payable was 497.06. The lowest was 122.76. And the median was 216.96.

SZSE:001286's Days Payable is ranked better than
73.02% of 126 companies
in the Other Energy Sources industry
Industry Median: 64.77 vs SZSE:001286: 122.76

Shaanxi Energy Investment Co's Days Payable declined from Mar. 2023 (133.14) to Mar. 2024 (130.97). It may suggest that Shaanxi Energy Investment Co accelerated paying its suppliers.

Shaanxi Energy Investment Co Days Payable Historical Data

The historical data trend for Shaanxi Energy Investment 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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Shaanxi Energy Investment Co Days Payable Chart

Shaanxi Energy Investment Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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361.36

270.07

163.85

128.84

138.18

Shaanxi Energy Investment Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									133.14	123.96	123.75	108.97	130.97

Competitive Comparison of Shaanxi Energy Investment Co's Days Payable

For the Thermal Coal subindustry, Shaanxi Energy Investment 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.

Shaanxi Energy Investment Co's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shaanxi Energy Investment Co's Days Payable distribution charts can be found below:

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

Shaanxi Energy Investment 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.

Shaanxi Energy Investment 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
=	( (4321.202	+	4509.504)	/	2 )	/	11663.327	*	365
=	4415.353					/	11663.327	*	365
=	138.18

Shaanxi Energy Investment 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
=	( (4509.504	+	5065.556)	/	2 )	/	3335.521	*	365 / 4
=	4787.53					/	3335.521	*	365 / 4
=	130.97

Shaanxi Energy Investment Co Days Payable Related Terms

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Shaanxi Energy Investment Co (SZSE:001286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Shaanxi Energy Investment Co Ltd (SZSE:001286) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 152, Shahe Road, Shenggao Times Office Building, High-tech Industrial Park, Shaanxi Province, Yulin, CHN, 719054

Website

http://www.sxeicl.com

Shaanxi Energy Investment Co Ltd is engaged in the rhermal power generation, coal production and sales.

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