CNPC Capital Co (SZSE:000617) Days Payable : 3.73 (As of Dec. 2023)

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What is CNPC Capital Co Days Payable?

CNPC Capital Co's average Accounts Payable for the three months ended in Dec. 2023 was ¥257 Mil. CNPC Capital Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥6,303 Mil. Hence, CNPC Capital Co's Days Payable for the three months ended in Dec. 2023 was 3.73.

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

SZSE:000617' s Days Payable Range Over the Past 10 Years
Min: 0.57 Med: 2.37 Max: 297.1
Current: 4.91

During the past 13 years, CNPC Capital Co's highest Days Payable was 297.10. The lowest was 0.57. And the median was 2.37.

SZSE:000617's Days Payable is ranked worse than
94.87% of 78 companies
in the Diversified Financial Services industry
Industry Median: 82.68 vs SZSE:000617: 4.91

CNPC Capital Co's Days Payable increased from Dec. 2022 (0.64) to Dec. 2023 (3.73). It may suggest that CNPC Capital Co delayed paying its suppliers.

CNPC Capital Co Days Payable Historical Data

The historical data trend for CNPC Capital 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.

CNPC Capital Co Days Payable Chart

CNPC Capital Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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3.42

1.69

1.10

0.67

0.57

CNPC Capital Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															0.64	2.72	7.94	9.60	3.73

Competitive Comparison of CNPC Capital Co's Days Payable

For the Financial Conglomerates subindustry, CNPC Capital 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.

CNPC Capital Co's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CNPC Capital Co's Days Payable distribution charts can be found below:

* The bar in red indicates where CNPC Capital Co's Days Payable falls into.

CNPC Capital 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.

CNPC Capital 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
=	( (31.744	+	40.161)	/	2 )	/	22927.746	*	365
=	35.9525					/	22927.746	*	365
=	0.57

CNPC Capital Co'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
=	( (474.731	+	40.161)	/	2 )	/	6303.051	*	365 / 4
=	257.446					/	6303.051	*	365 / 4
=	3.73

CNPC Capital Co Days Payable Related Terms

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CNPC Capital Co (SZSE:000617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » CNPC Capital Co Ltd (SZSE:000617) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 11966 Jingshi West Road, Shandong Province, Jinan, CHN, 250306

Website

http://www.jichai.com

CNPC Capital Co Ltd operates as a financial management company. The company provides house banking, banking, financial leasing, trust, insurance, insurance brokerage and securities.

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