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GD Power Development Co (SHSE:600795) Days Payable : 71.42 (As of Mar. 2024)


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What is GD Power Development Co Days Payable?

GD Power Development Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥30,900 Mil. GD Power Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥39,480 Mil. Hence, GD Power Development Co's Days Payable for the three months ended in Mar. 2024 was 71.42.

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

SHSE:600795' s Days Payable Range Over the Past 10 Years
Min: 59.35   Med: 72.77   Max: 166.31
Current: 70.4

During the past 13 years, GD Power Development Co's highest Days Payable was 166.31. The lowest was 59.35. And the median was 72.77.

SHSE:600795's Days Payable is ranked worse than
52.43% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.22 vs SHSE:600795: 70.40

GD Power Development Co's Days Payable declined from Mar. 2023 (72.62) to Mar. 2024 (71.42). It may suggest that GD Power Development Co accelerated paying its suppliers.


GD Power Development Co Days Payable Historical Data

The historical data trend for GD Power 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.

* Premium members only.

GD Power Development Co Days Payable Chart

GD Power Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.13 60.48 59.35 67.18 77.18

GD Power 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.62 74.07 63.81 73.14 71.42

Competitive Comparison of GD Power Development Co's Days Payable

For the Utilities - Renewable subindustry, GD Power 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.


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

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

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



GD Power 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.

GD Power 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
=( (33141.758 + 32210.018) / 2 ) / 154539.722*365
=32675.888 / 154539.722*365
=77.18

GD Power 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
=( (32210.018 + 29590.226) / 2 ) / 39480.221*365 / 4
=30900.122 / 39480.221*365 / 4
=71.42

* 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.


GD Power Development Co Days Payable Related Terms

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GD Power Development Co (SHSE:600795) Business Description

Traded in Other Exchanges
N/A
Address
An Hui North Park, Building 19, Chaoyang District, Beijing, CHN, 100101
GD Power Development Co Ltd is a China-based company engaged in power generation and related businesses. Its businesses include thermal power generation, hydroelectric generation, wind power generation and solar power generation, among others. It also sells thermal products, chemical products, and coal products, among others. The company mainly operates businesses in the domestic market.
Executives
Wu Qiang Supervisors
Chen Bin Supervisors
Feng Shu Chen Director
Wu Quan senior management
Zhang Zi Juan Supervisors
Zhu Yue Liang senior management
Mou Jun senior management
Jiang Hong Yuan senior management
Xu Qi senior management
Chen Jing Dong senior management

GD Power Development Co (SHSE:600795) Headlines

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