North Chemical Industries Co (SZSE:002246) Days Payable : 332.32 (As of Mar. 2024)

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What is North Chemical Industries Co Days Payable?

North Chemical Industries Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥840 Mil. North Chemical Industries Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥231 Mil. Hence, North Chemical Industries Co's Days Payable for the three months ended in Mar. 2024 was 332.32.

The historical rank and industry rank for North Chemical Industries Co's Days Payable or its related term are showing as below:

SZSE:002246' s Days Payable Range Over the Past 10 Years
Min: 66.86 Med: 134.25 Max: 209.18
Current: 209.18

During the past 13 years, North Chemical Industries Co's highest Days Payable was 209.18. The lowest was 66.86. And the median was 134.25.

SZSE:002246's Days Payable is ranked better than
94.49% of 1505 companies
in the Chemicals industry
Industry Median: 61.03 vs SZSE:002246: 209.18

North Chemical Industries Co's Days Payable increased from Mar. 2023 (279.21) to Mar. 2024 (332.32). It may suggest that North Chemical Industries Co delayed paying its suppliers.

North Chemical Industries Co Days Payable Historical Data

The historical data trend for North Chemical Industries 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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North Chemical Industries Co Days Payable Chart

North Chemical Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

141.23

144.99

133.53

159.95

198.26

North Chemical Industries 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															279.21	199.55	203.79	166.54	332.32

Competitive Comparison of North Chemical Industries Co's Days Payable

For the Chemicals subindustry, North Chemical Industries 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.

North Chemical Industries Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, North Chemical Industries Co's Days Payable distribution charts can be found below:

* The bar in red indicates where North Chemical Industries Co's Days Payable falls into.

North Chemical Industries 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.

North Chemical Industries 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
=	( (995.676	+	846.164)	/	2 )	/	1695.452	*	365
=	920.92					/	1695.452	*	365
=	198.26

North Chemical Industries 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
=	( (846.164	+	833.502)	/	2 )	/	230.605	*	365 / 4
=	839.833					/	230.605	*	365 / 4
=	332.32

North Chemical Industries Co Days Payable Related Terms

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North Chemical Industries Co (SZSE:002246) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » North Chemical Industries Co Ltd (SZSE:002246) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 209 Sanse Road, 9th Floor, Building 8, Torch Power Port South District, Jinjiang Industrial Park, Sichuan Province, Chengdu, CHN, 610063

Website

http://www.sn-nc.com

North Chemical Industries Co Ltd is engaged in production of cellulose and its derivatives industry, environmental protection equipment and nuclear biochemical protective equipment manufacturing industry, special industrial pump series products environmental protection equipment manufacturing industry. The company engages in production of nitrocellulose and sulfuric acid; sales of hazardous chemicals.

Executives

Liu Li	Supervisors
Huang Wan Fu	Directors, executives
Song Jia Lin	Supervisors

North Chemical Industries Co (SZSE:002246) Headlines

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