Dongjiang Environmental Co (FRA:DGN) Days Payable : 56.29 (As of Dec. 2023)

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What is Dongjiang Environmental Co Days Payable?

Dongjiang Environmental Co's average Accounts Payable for the three months ended in Dec. 2023 was €81.0 Mil. Dongjiang Environmental Co's Cost of Goods Sold for the three months ended in Dec. 2023 was €131.2 Mil. Hence, Dongjiang Environmental Co's Days Payable for the three months ended in Dec. 2023 was 56.29.

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

FRA:DGN' s Days Payable Range Over the Past 10 Years
Min: 58.67 Med: 109.93 Max: 130.16
Current: 58.67

During the past 13 years, Dongjiang Environmental Co's highest Days Payable was 130.16. The lowest was 58.67. And the median was 109.93.

FRA:DGN's Days Payable is ranked worse than
56% of 225 companies
in the Waste Management industry
Industry Median: 71.54 vs FRA:DGN: 58.67

Dongjiang Environmental Co's Days Payable declined from Dec. 2022 (69.78) to Dec. 2023 (56.29). It may suggest that Dongjiang Environmental Co accelerated paying its suppliers.

Dongjiang Environmental Co Days Payable Historical Data

The historical data trend for Dongjiang Environmental 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.

Dongjiang Environmental Co Days Payable Chart

Dongjiang Environmental Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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123.10

128.32

94.04

86.47

68.27

Dongjiang Environmental 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															72.48	46.80	52.88	56.29	83.00

Competitive Comparison of Dongjiang Environmental Co's Days Payable

For the Waste Management subindustry, Dongjiang Environmental 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.

Dongjiang Environmental Co's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Dongjiang Environmental Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Dongjiang Environmental Co's Days Payable falls into.

Dongjiang Environmental 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.

Dongjiang Environmental 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
=	( (92.945	+	91.933)	/	2 )	/	494.231	*	365
=	92.439					/	494.231	*	365
=	68.27

Dongjiang Environmental 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
=	( (69.991	+	91.933)	/	2 )	/	131.24	*	365 / 4
=	80.962					/	131.24	*	365 / 4
=	56.29

Dongjiang Environmental Co Days Payable Related Terms

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Dongjiang Environmental Co (FRA:DGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Dongjiang Environmental Co Ltd (FRA:DGN) » Definitions » Days Payable

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Traded in Other Exchanges

00895:Hong Kong 002672:China

Address

No. 9 Langshan Road, 1st Floor, 3rd Floor, North of 8th Floor, 9th-12th Floor, Dongjiang Environmental Building, North Zone of Hi-tech Industrial Park, Nanshan, Shenzhen, CHN

Website

https://www.dongjiang.com.cn

Dongjiang Environmental Co Ltd is an investment holding company principally engaged in waste treatment businesses. It operates in the following segments: Industrial waste recycling; Industrial waste treatment and disposal; Rare and precious metals recycling; Municipal waste treatment and disposal; Renewable energy utilization; Environmental engineering and services and others; as well as Household appliances dismantling.

Dongjiang Environmental Co (FRA:DGN) Headlines

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