Fujian Expressway Development Co (SHSE:600033) Days Payable : 205.99 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Fujian Expressway Development Co Days Payable?

Fujian Expressway Development Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥661 Mil. Fujian Expressway Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥293 Mil. Hence, Fujian Expressway Development Co's Days Payable for the three months ended in Mar. 2024 was 205.99.

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

SHSE:600033' s Days Payable Range Over the Past 10 Years
Min: 151.53 Med: 244.47 Max: 654.71
Current: 151.53

During the past 13 years, Fujian Expressway Development Co's highest Days Payable was 654.71. The lowest was 151.53. And the median was 244.47.

SHSE:600033's Days Payable is ranked better than
77.21% of 1606 companies
in the Construction industry
Industry Median: 73.785 vs SHSE:600033: 151.53

Fujian Expressway Development Co's Days Payable increased from Mar. 2023 (174.82) to Mar. 2024 (205.99). It may suggest that Fujian Expressway Development Co delayed paying its suppliers.

Fujian Expressway Development Co Days Payable Historical Data

The historical data trend for Fujian Expressway Development 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.

Fujian Expressway Development Co Days Payable Chart

Fujian Expressway Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

231.55

194.45

161.55

176.67

173.85

Fujian Expressway Development 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															174.82	152.57	149.29	120.93	205.99

Competitive Comparison of Fujian Expressway Development Co's Days Payable

For the Infrastructure Operations subindustry, Fujian Expressway Development 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.

Fujian Expressway Development Co's Days Payable Distribution in the Construction Industry

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

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

Fujian Expressway Development 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.

Fujian Expressway Development 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
=	( (575.885	+	705.683)	/	2 )	/	1345.296	*	365
=	640.784					/	1345.296	*	365
=	173.85

Fujian Expressway Development 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
=	( (705.683	+	616.909)	/	2 )	/	292.943	*	365 / 4
=	661.296					/	292.943	*	365 / 4
=	205.99

Fujian Expressway Development Co Days Payable Related Terms

Thank you for viewing the detailed overview of Fujian Expressway Development Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Fujian Expressway Development Co (SHSE:600033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fujian Expressway Development Co Ltd (SHSE:600033) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

18 Dongshui Road, 26th Floor, Fujian Transportation Complex, Fuzhou, CHN, 350001

Website

http://www.fjgs.com.cn

Fujian Expressway Development Co Ltd is a China-based company involved in the investment, construction, operation of Highways. It is also involved in equipment leasing, consulting services; industrial production materials, department stores, building materials, and hardware businesses.

Fujian Expressway Development Co (SHSE:600033) Headlines

No Headlines