CGN Mining Co (HKSE:01164) Days Payable : 23.87 (As of Dec. 2023)

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What is CGN Mining Co Days Payable?

CGN Mining Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$586 Mil. CGN Mining Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$4,484 Mil. Hence, CGN Mining Co's Days Payable for the six months ended in Dec. 2023 was 23.87.

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

HKSE:01164' s Days Payable Range Over the Past 10 Years
Min: 4.06 Med: 27.89 Max: 87.83
Current: 30.76

During the past 13 years, CGN Mining Co's highest Days Payable was 87.83. The lowest was 4.06. And the median was 27.89.

HKSE:01164's Days Payable is ranked worse than
76.19% of 126 companies
in the Other Energy Sources industry
Industry Median: 65.545 vs HKSE:01164: 30.76

CGN Mining Co's Days Payable declined from Dec. 2022 (73.49) to Dec. 2023 (23.87). It may suggest that CGN Mining Co accelerated paying its suppliers.

CGN Mining Co Days Payable Historical Data

The historical data trend for CGN Mining 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.

CGN Mining Co Days Payable Chart

CGN Mining Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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4.06

11.75

11.57

38.94

27.48

CGN Mining Co 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															14.45	19.36	73.49	46.32	23.87

Competitive Comparison of CGN Mining Co's Days Payable

For the Uranium subindustry, CGN Mining 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.

CGN Mining Co's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CGN Mining Co's Days Payable distribution charts can be found below:

* The bar in red indicates where CGN Mining Co's Days Payable falls into.

CGN Mining 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.

CGN Mining 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
=	( (655.139	+	433.74)	/	2 )	/	7231.197	*	365
=	544.4395					/	7231.197	*	365
=	27.48

CGN Mining 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (739.218	+	433.74)	/	2 )	/	4484.039	*	365 / 2
=	586.479					/	4484.039	*	365 / 2
=	23.87

CGN Mining Co Days Payable Related Terms

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CGN Mining Co (HKSE:01164) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » CGN Mining Co Ltd (HKSE:01164) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CGNMF:USA VBO:Germany

Address

No. 26 Harbour Road, Room 1903,19th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

http://www.cgnmc.com

CGN Mining Co Ltd is an investment holding company. It is engaged in the development and trading of natural uranium resources for use by nuclear energy companies. The company organized into three main segments: Natural uranium trading, Property investment, and Other investment. It's Natural uranium trading segment engages in trading of natural uranium. The property investment segment engages in leasing and selling of office premises and other investments segment engages in investment in a joint venture. The company generates majority of its revenue from the trading of natural uranium.

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