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Henan Zhongyuan Expressway Co (SHSE:600020) Days Payable : 121.42 (As of Mar. 2024)


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What is Henan Zhongyuan Expressway Co Days Payable?

Henan Zhongyuan Expressway Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥628 Mil. Henan Zhongyuan Expressway Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥472 Mil. Hence, Henan Zhongyuan Expressway Co's Days Payable for the three months ended in Mar. 2024 was 121.42.

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

SHSE:600020' s Days Payable Range Over the Past 10 Years
Min: 42.55   Med: 223.56   Max: 765.26
Current: 60.46

During the past 13 years, Henan Zhongyuan Expressway Co's highest Days Payable was 765.26. The lowest was 42.55. And the median was 223.56.

SHSE:600020's Days Payable is ranked worse than
60.71% of 1606 companies
in the Construction industry
Industry Median: 73.785 vs SHSE:600020: 60.46

Henan Zhongyuan Expressway Co's Days Payable increased from Mar. 2023 (96.61) to Mar. 2024 (121.42). It may suggest that Henan Zhongyuan Expressway Co delayed paying its suppliers.


Henan Zhongyuan Expressway Co Days Payable Historical Data

The historical data trend for Henan Zhongyuan 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.

Henan Zhongyuan Expressway Co Days Payable Chart

Henan Zhongyuan Expressway Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 181.29 98.00 77.33 42.55 84.25

Henan Zhongyuan 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.61 78.19 51.80 46.57 121.42

Competitive Comparison of Henan Zhongyuan Expressway Co's Days Payable

For the Infrastructure Operations subindustry, Henan Zhongyuan 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.


Henan Zhongyuan Expressway Co's Days Payable Distribution in the Construction Industry

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

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



Henan Zhongyuan 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.

Henan Zhongyuan 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
=( (586.688 + 946.446) / 2 ) / 3321.045*365
=766.567 / 3321.045*365
=84.25

Henan Zhongyuan 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
=( (946.446 + 308.586) / 2 ) / 471.604*365 / 4
=627.516 / 471.604*365 / 4
=121.42

* 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.


Henan Zhongyuan Expressway Co Days Payable Related Terms

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Henan Zhongyuan Expressway Co (SHSE:600020) Business Description

Traded in Other Exchanges
N/A
Address
No. 93 Zhongyuan Road, Zhengzhou, Henan, CHN, 450052
Henan Zhongyuan Expressway Co Ltd engages in investment, operation, management, and maintenance of high-grade highways, independent bridges, and other transportation infrastructure projects. It operates Zhengxi, Zhumadian, Zhengzhou, Pingdingshan, Zhengxin yellow river bridge, Zhengkai, Shangqiu, and Jixian County projects. The company also engages in the highway construction, management, investment, and financing systems.

Henan Zhongyuan Expressway Co (SHSE:600020) Headlines

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