Pan Asia Environmental Protection Group (HKSE:00556) Days Payable : 59.62 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Pan Asia Environmental Protection Group Days Payable?

Pan Asia Environmental Protection Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$35.4 Mil. Pan Asia Environmental Protection Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$108.5 Mil. Hence, Pan Asia Environmental Protection Group's Days Payable for the six months ended in Dec. 2023 was 59.62.

The historical rank and industry rank for Pan Asia Environmental Protection Group's Days Payable or its related term are showing as below:

HKSE:00556' s Days Payable Range Over the Past 10 Years
Min: 35.68 Med: 73.5 Max: 365.55
Current: 52.67

During the past 13 years, Pan Asia Environmental Protection Group's highest Days Payable was 365.55. The lowest was 35.68. And the median was 73.50.

HKSE:00556's Days Payable is ranked worse than
67.49% of 2931 companies
in the Industrial Products industry
Industry Median: 76.43 vs HKSE:00556: 52.67

Pan Asia Environmental Protection Group's Days Payable increased from Dec. 2022 (44.03) to Dec. 2023 (59.62). It may suggest that Pan Asia Environmental Protection Group delayed paying its suppliers.

Pan Asia Environmental Protection Group Days Payable Historical Data

The historical data trend for Pan Asia Environmental Protection Group'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.

Pan Asia Environmental Protection Group Days Payable Chart

Pan Asia Environmental Protection Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

109.67

365.55

281.52

35.68

57.01

Pan Asia Environmental Protection Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															65.67	50.94	44.03	40.73	59.62

Competitive Comparison of Pan Asia Environmental Protection Group's Days Payable

For the Pollution & Treatment Controls subindustry, Pan Asia Environmental Protection Group'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.

Pan Asia Environmental Protection Group's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pan Asia Environmental Protection Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Pan Asia Environmental Protection Group's Days Payable falls into.

Pan Asia Environmental Protection Group 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.

Pan Asia Environmental Protection Group'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
=	( (19.995	+	45.58)	/	2 )	/	209.9	*	365
=	32.7875					/	209.9	*	365
=	57.01

Pan Asia Environmental Protection Group'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (25.285	+	45.58)	/	2 )	/	108.457	*	365 / 2
=	35.4325					/	108.457	*	365 / 2
=	59.62

Pan Asia Environmental Protection Group Days Payable Related Terms

Thank you for viewing the detailed overview of Pan Asia Environmental Protection Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Pan Asia Environmental Protection Group (HKSE:00556) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pan Asia Environmental Protection Group Ltd (HKSE:00556) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xinjie Street, Baihe Industrial Park, Jiangsu Province, Yixing City, CHN, 214204

Website

http://www.paep.com.cn

Pan Asia Environmental Protection Group Ltd and its subsidiaries are engaged in the sale of environmental protection products and equipment, undertaking EP construction engineering services. The operating business segments are the EP products and equipment segment which derives the majority of revenue involves the sales of EP products and equipment to external customers and the EP construction engineering services segment.

Pan Asia Environmental Protection Group (HKSE:00556) Headlines

No Headlines