Guanghui Energy Co (SHSE:600256) Days Payable : 35.83 (As of Mar. 2024)

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What is Guanghui Energy Co Days Payable?

Guanghui Energy Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥3,254 Mil. Guanghui Energy Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥8,286 Mil. Hence, Guanghui Energy Co's Days Payable for the three months ended in Mar. 2024 was 35.83.

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

SHSE:600256' s Days Payable Range Over the Past 10 Years
Min: 25.61 Med: 222.62 Max: 405.57
Current: 28.39

During the past 13 years, Guanghui Energy Co's highest Days Payable was 405.57. The lowest was 25.61. And the median was 222.62.

SHSE:600256's Days Payable is ranked worse than
78.58% of 901 companies
in the Oil & Gas industry
Industry Median: 59.19 vs SHSE:600256: 28.39

Guanghui Energy Co's Days Payable increased from Mar. 2023 (25.37) to Mar. 2024 (35.83). It may suggest that Guanghui Energy Co delayed paying its suppliers.

Guanghui Energy Co Days Payable Historical Data

The historical data trend for Guanghui Energy 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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Guanghui Energy Co Days Payable Chart

Guanghui Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

214.07

231.17

187.74

53.37

25.61

Guanghui Energy 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															25.37	24.66	24.34	28.66	35.83

Competitive Comparison of Guanghui Energy Co's Days Payable

For the Oil & Gas Integrated subindustry, Guanghui Energy 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.

Guanghui Energy Co's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Guanghui Energy Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guanghui Energy Co's Days Payable falls into.

Guanghui Energy 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.

Guanghui Energy 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
=	( (4416.726	+	2800.309)	/	2 )	/	51426.97	*	365
=	3608.5175					/	51426.97	*	365
=	25.61

Guanghui Energy 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
=	( (2800.309	+	3706.813)	/	2 )	/	8285.625	*	365 / 4
=	3253.561					/	8285.625	*	365 / 4
=	35.83

Guanghui Energy Co Days Payable Related Terms

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Guanghui Energy Co (SHSE:600256) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Guanghui Energy Co Ltd (SHSE:600256) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Shanghai Road, Xinjiang Uygur Autonomous Region, Urumqi Economic and Technological Development Zone, Xinjiang, CHN

Website

http://www.xjguanghui.com

Guanghui Energy Co Ltd is engaged in the business of liquefied natural gas (LNG), coal chemical, coal development, and oil and gas exploration and development. The company has formed four segments focusing on coal liquefaction, coal mining, coal chemical conversion, and oil and gas exploration and development with coal, LNG, alcohol ether, coal tar, and petroleum as core products, and supported by energy logistics.

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