Denox Environmental & Technology Holdings (HKSE:01452) Days Payable : 80.77 (As of Dec. 2023)

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What is Denox Environmental & Technology Holdings Days Payable?

Denox Environmental & Technology Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$28.7 Mil. Denox Environmental & Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$64.8 Mil. Hence, Denox Environmental & Technology Holdings's Days Payable for the six months ended in Dec. 2023 was 80.77.

The historical rank and industry rank for Denox Environmental & Technology Holdings's Days Payable or its related term are showing as below:

HKSE:01452' s Days Payable Range Over the Past 10 Years
Min: 27.08 Med: 36.39 Max: 94.31
Current: 76.27

During the past 10 years, Denox Environmental & Technology Holdings's highest Days Payable was 94.31. The lowest was 27.08. And the median was 36.39.

HKSE:01452's Days Payable is ranked worse than
50.22% of 2927 companies
in the Industrial Products industry
Industry Median: 76.43 vs HKSE:01452: 76.27

Denox Environmental & Technology Holdings's Days Payable declined from Dec. 2022 (104.06) to Dec. 2023 (80.77). It may suggest that Denox Environmental & Technology Holdings accelerated paying its suppliers.

Denox Environmental & Technology Holdings Days Payable Historical Data

The historical data trend for Denox Environmental & Technology Holdings'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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Denox Environmental & Technology Holdings Days Payable Chart

Denox Environmental & Technology Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.75

82.16

86.95

94.31

62.05

Denox Environmental & Technology Holdings Semi-Annual Data
	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														77.94	82.51	104.06	87.00	80.77

Competitive Comparison of Denox Environmental & Technology Holdings's Days Payable

For the Pollution & Treatment Controls subindustry, Denox Environmental & Technology Holdings'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.

Denox Environmental & Technology Holdings's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Denox Environmental & Technology Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Denox Environmental & Technology Holdings's Days Payable falls into.

Denox Environmental & Technology Holdings 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.

Denox Environmental & Technology Holdings'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
=	( (12.526	+	25.357)	/	2 )	/	111.417	*	365
=	18.9415					/	111.417	*	365
=	62.05

Denox Environmental & Technology Holdings'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
=	( (31.964	+	25.357)	/	2 )	/	64.755	*	365 / 2
=	28.6605					/	64.755	*	365 / 2
=	80.77

Denox Environmental & Technology Holdings Days Payable Related Terms

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Denox Environmental & Technology Holdings (HKSE:01452) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Denox Environmental & Technology Holdings Ltd (HKSE:01452) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 128 Western South Fourth Ring Road, Room 1506-1, Block 2, 12th Floor, Fengtai District, Beijing, CHN, 100070

Website

https://www.china-denox.com

Denox Environmental & Technology Holdings Ltd is a China-based firm. The company is mainly engaged in the development and production of products related to air pollution control. Its main product is plate-type DeNOx catalysts, honey-comb DeNOx catalysts and DeNOx catalysts for diesel-powered vehicles. The company derives majority of the revenue from PRC.

Denox Environmental & Technology Holdings (HKSE:01452) Headlines

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