Chongqing Water Group Co (SHSE:601158) Days Payable : 130.25 (As of Mar. 2024)

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What is Chongqing Water Group Co Days Payable?

Chongqing Water Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,617 Mil. Chongqing Water Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,133 Mil. Hence, Chongqing Water Group Co's Days Payable for the three months ended in Mar. 2024 was 130.25.

The historical rank and industry rank for Chongqing Water Group Co's Days Payable or its related term are showing as below:

SHSE:601158' s Days Payable Range Over the Past 10 Years
Min: 106.8 Med: 122.64 Max: 146.65
Current: 109.14

During the past 13 years, Chongqing Water Group Co's highest Days Payable was 146.65. The lowest was 106.80. And the median was 122.64.

SHSE:601158's Days Payable is ranked better than
71.81% of 493 companies
in the Utilities - Regulated industry
Industry Median: 66.15 vs SHSE:601158: 109.14

Chongqing Water Group Co's Days Payable increased from Mar. 2023 (128.00) to Mar. 2024 (130.25). It may suggest that Chongqing Water Group Co delayed paying its suppliers.

Chongqing Water Group Co Days Payable Historical Data

The historical data trend for Chongqing Water Group 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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Chongqing Water Group Co Days Payable Chart

Chongqing Water Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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118.97

133.52

146.65

129.51

113.75

Chongqing Water Group 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															128.00	113.94	118.59	90.35	130.25

Competitive Comparison of Chongqing Water Group Co's Days Payable

For the Utilities - Regulated Water subindustry, Chongqing Water Group 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.

Chongqing Water Group Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chongqing Water Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chongqing Water Group Co's Days Payable falls into.

Chongqing Water Group 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.

Chongqing Water Group 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
=	( (1670.323	+	1714.129)	/	2 )	/	5430.189	*	365
=	1692.226					/	5430.189	*	365
=	113.75

Chongqing Water Group 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
=	( (1714.129	+	1519.246)	/	2 )	/	1132.594	*	365 / 4
=	1616.6875					/	1132.594	*	365 / 4
=	130.25

Chongqing Water Group Co Days Payable Related Terms

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Chongqing Water Group Co (SHSE:601158) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Chongqing Water Group Co Ltd (SHSE:601158) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Number 1 Longjiawan, Yuzhong District, Chongqing, CHN, 400015

Website

http://www.cncqsw.com

Chongqing Water Group Co Ltd engages in water supply, sewage treatment, engineering construction, and other businesses in China. The company also constructs, operates, and maintains drainage facilities; and collects, treats, and discharges domestic sewage, industrial and commercial sewage, rainwater, and other sewage from the urban sewage pipe network, as well as treats sewage in rivers.

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