China Energy Engineering (HKSE:03996) Days Payable : 186.86 (As of Dec. 2023)

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What is China Energy Engineering Days Payable?

China Energy Engineering's average Accounts Payable for the three months ended in Dec. 2023 was HK$225,444 Mil. China Energy Engineering's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$110,092 Mil. Hence, China Energy Engineering's Days Payable for the three months ended in Dec. 2023 was 186.86.

The historical rank and industry rank for China Energy Engineering's Days Payable or its related term are showing as below:

HKSE:03996' s Days Payable Range Over the Past 10 Years
Min: 114.97 Med: 157.75 Max: 387.17
Current: 387.17

During the past 10 years, China Energy Engineering's highest Days Payable was 387.17. The lowest was 114.97. And the median was 157.75.

HKSE:03996's Days Payable is ranked better than
92.64% of 1603 companies
in the Construction industry
Industry Median: 73.79 vs HKSE:03996: 387.17

China Energy Engineering's Days Payable declined from Sep. 2022 (201.81) to Dec. 2023 (186.86). It may suggest that China Energy Engineering accelerated paying its suppliers.

China Energy Engineering Days Payable Historical Data

The historical data trend for China Energy Engineering'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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China Energy Engineering Days Payable Chart

China Energy Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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170.36

163.13

152.37

174.42

193.20

China Energy Engineering Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															201.81	146.83	-	222.49	186.86

Competitive Comparison of China Energy Engineering's Days Payable

For the Engineering & Construction subindustry, China Energy Engineering'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.

China Energy Engineering's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Energy Engineering's Days Payable distribution charts can be found below:

* The bar in red indicates where China Energy Engineering's Days Payable falls into.

China Energy Engineering 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.

China Energy Engineering'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
=	( (187677.845	+	223056.681)	/	2 )	/	387992.472	*	365
=	205367.263					/	387992.472	*	365
=	193.20

China Energy Engineering's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (227830.841	+	223056.681)	/	2 )	/	110091.568	*	365 / 4
=	225443.761					/	110091.568	*	365 / 4
=	186.86

China Energy Engineering Days Payable Related Terms

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China Energy Engineering (HKSE:03996) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Energy Engineering Corporation Ltd (HKSE:03996) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2E5:Germany 601868:China

Address

No. 26A West Dawang Road, Building 1, Room 01-2706, 1-24th Floor, Chaoyang District, Beijing, CHN, 100022

Website

https://www.ceec.net.cn

China Energy Engineering Corporation Ltd comprehensive solutions provider for the power industry in China and internationally. It is mainly engaged in Survey, design, and consulting services; Construction and contracting; Industrial manufacturing; Investment and operation; and other businesses. The company generates the majority of revenue from construction and contracting services for large scale power generation, transformation and transmission projects of fossil-fuel power, hydropower, nuclear power, wind farm and solar power in China and overseas, as well as undertaking other types of construction projects, such as water conservancy facilities, transportation, municipal engineering, industrial and civil construction projects.

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