Cnnc Hua Yuan Titanium Dioxide Co (SZSE:002145) Days Payable : 191.75 (As of Mar. 2024)

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What is Cnnc Hua Yuan Titanium Dioxide Co Days Payable?

Cnnc Hua Yuan Titanium Dioxide Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,498 Mil. Cnnc Hua Yuan Titanium Dioxide Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,189 Mil. Hence, Cnnc Hua Yuan Titanium Dioxide Co's Days Payable for the three months ended in Mar. 2024 was 191.75.

The historical rank and industry rank for Cnnc Hua Yuan Titanium Dioxide Co's Days Payable or its related term are showing as below:

SZSE:002145' s Days Payable Range Over the Past 10 Years
Min: 137.74 Med: 172.68 Max: 233.67
Current: 213.31

During the past 13 years, Cnnc Hua Yuan Titanium Dioxide Co's highest Days Payable was 233.67. The lowest was 137.74. And the median was 172.68.

SZSE:002145's Days Payable is ranked better than
94.75% of 1504 companies
in the Chemicals industry
Industry Median: 61.065 vs SZSE:002145: 213.31

Cnnc Hua Yuan Titanium Dioxide Co's Days Payable declined from Mar. 2023 (228.06) to Mar. 2024 (191.75). It may suggest that Cnnc Hua Yuan Titanium Dioxide Co accelerated paying its suppliers.

Cnnc Hua Yuan Titanium Dioxide Co Days Payable Historical Data

The historical data trend for Cnnc Hua Yuan Titanium Dioxide 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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Cnnc Hua Yuan Titanium Dioxide Co Days Payable Chart

Cnnc Hua Yuan Titanium Dioxide Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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137.74

152.16

205.86

223.04

233.67

Cnnc Hua Yuan Titanium Dioxide 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															228.06	306.93	178.42	189.56	191.75

Competitive Comparison of Cnnc Hua Yuan Titanium Dioxide Co's Days Payable

For the Chemicals subindustry, Cnnc Hua Yuan Titanium Dioxide 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.

Cnnc Hua Yuan Titanium Dioxide Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cnnc Hua Yuan Titanium Dioxide Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Cnnc Hua Yuan Titanium Dioxide Co's Days Payable falls into.

Cnnc Hua Yuan Titanium Dioxide 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.

Cnnc Hua Yuan Titanium Dioxide 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
=	( (2823.147	+	2382.213)	/	2 )	/	4065.421	*	365
=	2602.68					/	4065.421	*	365
=	233.67

Cnnc Hua Yuan Titanium Dioxide 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
=	( (2382.213	+	2613.697)	/	2 )	/	1188.713	*	365 / 4
=	2497.955					/	1188.713	*	365 / 4
=	191.75

Cnnc Hua Yuan Titanium Dioxide Co Days Payable Related Terms

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Cnnc Hua Yuan Titanium Dioxide Co (SZSE:002145) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Cnnc Hua Yuan Titanium Dioxide Co Ltd (SZSE:002145) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Number 8 Xingfu Road, Zhangjing Industrial Park, Xibei Town, Xishan District, Jiangsu Province, Wuxi, CHN, 214194

Website

http://www.sinotio2.com

Cnnc Hua Yuan Titanium Dioxide Co Ltd engages in the production, marketing, and service of titanium dioxide powder in China and internationally. Its products are used in the coating, printing ink, décor paper/laminate, and plastic industries.

Executives

Shen Xin	Director
Han Yu Chen	Secretary, Director
Yuan Qiu Li	Directors, executives
Hu Yue Han	Director
Mei Ke Chun	Directors, executives
Fan Xi Cheng	Director
Qiu Bei	Directors, executives
You Cui Chun	Directors, executives
Hu Jian Long	Director
Li Jian Feng	Directors, executives
Chen Fu Qiang	Director
Wang Xiong Ya	Supervisors
Jian Fu Ren	Supervisors
Xin Cheng Xiang	Supervisors

Cnnc Hua Yuan Titanium Dioxide Co (SZSE:002145) Headlines

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