Shanghai International Airport Co (SHSE:600009) Days Payable : 51.66 (As of Mar. 2024)

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What is Shanghai International Airport Co Days Payable?

Shanghai International Airport Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,313 Mil. Shanghai International Airport Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,319 Mil. Hence, Shanghai International Airport Co's Days Payable for the three months ended in Mar. 2024 was 51.66.

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

SHSE:600009' s Days Payable Range Over the Past 10 Years
Min: 12.94 Med: 31.51 Max: 50.3
Current: 49.2

During the past 13 years, Shanghai International Airport Co's highest Days Payable was 50.30. The lowest was 12.94. And the median was 31.51.

SHSE:600009's Days Payable is ranked better than
61.01% of 931 companies
in the Transportation industry
Industry Median: 39.3 vs SHSE:600009: 49.20

Shanghai International Airport Co's Days Payable increased from Mar. 2023 (47.23) to Mar. 2024 (51.66). It may suggest that Shanghai International Airport Co delayed paying its suppliers.

Shanghai International Airport Co Days Payable Historical Data

The historical data trend for Shanghai International Airport 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.

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Shanghai International Airport Co Days Payable Chart

Shanghai International Airport Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.16

32.98

32.99

46.61

50.30

Shanghai International Airport 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															47.23	45.62	49.38	53.67	51.66

Competitive Comparison of Shanghai International Airport Co's Days Payable

For the Airports & Air Services subindustry, Shanghai International Airport 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.

Shanghai International Airport Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shanghai International Airport Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai International Airport Co's Days Payable falls into.

Shanghai International Airport 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.

Shanghai International Airport 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
=	( (1134.255	+	1407.501)	/	2 )	/	9222.977	*	365
=	1270.878					/	9222.977	*	365
=	50.30

Shanghai International Airport Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1407.501	+	1217.937)	/	2 )	/	2318.736	*	365 / 4
=	1312.719					/	2318.736	*	365 / 4
=	51.66

Shanghai International Airport Co Days Payable Related Terms

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Shanghai International Airport Co (SHSE:600009) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shanghai International Airport Co Ltd (SHSE:600009) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 900 Qihang Road, Pudong, Shanghai, CHN, 201207

Website

http://www.shairport.com

Shanghai International Airport Co Ltd is engaged in airport services at the Pudong International Airport in Shanghai, China. The company's principal activities consist of ground handling services for domestic and foreign airlines.

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