Jinneng Holding Shanxi Coal Industry Co (SHSE:601001) Days Payable : 207.05 (As of Mar. 2024)

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What is Jinneng Holding Shanxi Coal Industry Co Days Payable?

Jinneng Holding Shanxi Coal Industry Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥4,528 Mil. Jinneng Holding Shanxi Coal Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,996 Mil. Hence, Jinneng Holding Shanxi Coal Industry Co's Days Payable for the three months ended in Mar. 2024 was 207.05.

The historical rank and industry rank for Jinneng Holding Shanxi Coal Industry Co's Days Payable or its related term are showing as below:

SHSE:601001' s Days Payable Range Over the Past 10 Years
Min: 181.38 Med: 242.95 Max: 304.06
Current: 229.38

During the past 13 years, Jinneng Holding Shanxi Coal Industry Co's highest Days Payable was 304.06. The lowest was 181.38. And the median was 242.95.

SHSE:601001's Days Payable is ranked better than
85.71% of 126 companies
in the Other Energy Sources industry
Industry Median: 64.77 vs SHSE:601001: 229.38

Jinneng Holding Shanxi Coal Industry Co's Days Payable declined from Mar. 2023 (261.60) to Mar. 2024 (207.05). It may suggest that Jinneng Holding Shanxi Coal Industry Co accelerated paying its suppliers.

Jinneng Holding Shanxi Coal Industry Co Days Payable Historical Data

The historical data trend for Jinneng Holding Shanxi Coal Industry 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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Jinneng Holding Shanxi Coal Industry Co Days Payable Chart

Jinneng Holding Shanxi Coal Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

213.47

207.63

231.61

259.99

248.85

Jinneng Holding Shanxi Coal Industry 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															261.60	240.70	214.04	267.94	207.05

Competitive Comparison of Jinneng Holding Shanxi Coal Industry Co's Days Payable

For the Thermal Coal subindustry, Jinneng Holding Shanxi Coal Industry 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.

Jinneng Holding Shanxi Coal Industry Co's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Jinneng Holding Shanxi Coal Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jinneng Holding Shanxi Coal Industry Co's Days Payable falls into.

Jinneng Holding Shanxi Coal Industry 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.

Jinneng Holding Shanxi Coal Industry 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
=	( (5636.114	+	4813.458)	/	2 )	/	7663.521	*	365
=	5224.786					/	7663.521	*	365
=	248.85

Jinneng Holding Shanxi Coal Industry 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
=	( (4813.458	+	4242.538)	/	2 )	/	1995.538	*	365 / 4
=	4527.998					/	1995.538	*	365 / 4
=	207.05

Jinneng Holding Shanxi Coal Industry Co Days Payable Related Terms

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Jinneng Holding Shanxi Coal Industry Co (SHSE:601001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Jinneng Holding Shanxi Coal Industry Co Ltd (SHSE:601001) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Xinpingwang Mining District, Office Building of Datong Mining Bureau, Shanxi Province, Datong, CHN, 037003

Website

http://www.dtmy.com.cn

Jinneng Holding Shanxi Coal Industry Co Ltd, formerly Datong Coal Industry Co Ltd is engaged in mining, washing, processing and distributing coal. The coal is used in various industries namely electric power, metallurgical, and other industries.

Executives

Li Cheng Shan

Supervisors

Jinneng Holding Shanxi Coal Industry Co (SHSE:601001) Headlines

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