Anhui Expressway Co (SHSE:600012) Days Payable : 86.89 (As of Mar. 2024)

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What is Anhui Expressway Co Days Payable?

Anhui Expressway Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥621 Mil. Anhui Expressway Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥653 Mil. Hence, Anhui Expressway Co's Days Payable for the three months ended in Mar. 2024 was 86.89.

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

SHSE:600012' s Days Payable Range Over the Past 10 Years
Min: 56.32 Med: 180.19 Max: 263.91
Current: 57.33

During the past 13 years, Anhui Expressway Co's highest Days Payable was 263.91. The lowest was 56.32. And the median was 180.19.

SHSE:600012's Days Payable is ranked worse than
63.97% of 1604 companies
in the Construction industry
Industry Median: 74.18 vs SHSE:600012: 57.33

Anhui Expressway Co's Days Payable declined from Mar. 2023 (119.87) to Mar. 2024 (86.89). It may suggest that Anhui Expressway Co accelerated paying its suppliers.

Anhui Expressway Co Days Payable Historical Data

The historical data trend for Anhui Expressway 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.

Anhui Expressway Co Days Payable Chart

Anhui Expressway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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263.91

262.75

200.09

83.30

56.32

Anhui Expressway 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															119.87	88.81	54.41	43.50	86.89

Competitive Comparison of Anhui Expressway Co's Days Payable

For the Infrastructure Operations subindustry, Anhui Expressway 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.

Anhui Expressway Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Anhui Expressway Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anhui Expressway Co's Days Payable falls into.

Anhui Expressway 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.

Anhui Expressway 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
=	( (605.444	+	631.685)	/	2 )	/	4008.478	*	365
=	618.5645					/	4008.478	*	365
=	56.32

Anhui Expressway 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
=	( (631.685	+	611.183)	/	2 )	/	652.606	*	365 / 4
=	621.434					/	652.606	*	365 / 4
=	86.89

Anhui Expressway Co Days Payable Related Terms

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Anhui Expressway Co (SHSE:600012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Anhui Expressway Co Ltd (SHSE:600012) » Definitions » Days Payable

Traded in Other Exchanges

AUHEF:USA 00995:Hong Kong HU7:Germany

Address

No. 520, West Wangjiang Road, Anhui, Hefei, CHN, 230088

Website

https://www.anhui-expressway.net

Anhui Expressway Co Ltd is engaged in the investment, construction, operation and management of toll roads within Anhui province. The Company acquires operating expressway assets through various means such as investment and construction, acquisition or cooperative operation. The Company provides toll service for vehicles, collects vehicles toll according to the charging standard and maintains, repairs and carries out safety maintenance for the operating expressways. All of the company's external revenue is derived from customers based in Mainland China.

Anhui Expressway Co (SHSE:600012) Headlines

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