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ELION ENERGY CO (SHSE:600277) Days Payable : 177.08 (As of Mar. 2024)


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What is ELION ENERGY CO Days Payable?

ELION ENERGY CO's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,618 Mil. ELION ENERGY CO's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,349 Mil. Hence, ELION ENERGY CO's Days Payable for the three months ended in Mar. 2024 was 177.08.

The historical rank and industry rank for ELION ENERGY CO's Days Payable or its related term are showing as below:

SHSE:600277' s Days Payable Range Over the Past 10 Years
Min: 99.82   Med: 127.62   Max: 202.84
Current: 157.22

During the past 13 years, ELION ENERGY CO's highest Days Payable was 202.84. The lowest was 99.82. And the median was 127.62.

SHSE:600277's Days Payable is ranked better than
90.21% of 1502 companies
in the Chemicals industry
Industry Median: 60.55 vs SHSE:600277: 157.22

ELION ENERGY CO's Days Payable increased from Mar. 2023 (122.75) to Mar. 2024 (177.08). It may suggest that ELION ENERGY CO delayed paying its suppliers.


ELION ENERGY CO Days Payable Historical Data

The historical data trend for ELION 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.

* Premium members only.

ELION ENERGY CO Days Payable Chart

ELION ENERGY 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 202.84 121.61 99.82 117.04 137.05

ELION 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 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 122.75 140.81 146.09 181.76 177.08

Competitive Comparison of ELION ENERGY CO's Days Payable

For the Chemicals subindustry, ELION 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.


ELION ENERGY CO's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, ELION ENERGY CO's Days Payable distribution charts can be found below:

* The bar in red indicates where ELION ENERGY CO's Days Payable falls into.



ELION 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.

ELION 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
=( (3498.86 + 2634.763) / 2 ) / 8167.702*365
=3066.8115 / 8167.702*365
=137.05

ELION 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
=( (2634.763 + 2601.89) / 2 ) / 1349.204*365 / 4
=2618.3265 / 1349.204*365 / 4
=177.08

* 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.


ELION ENERGY CO Days Payable Related Terms

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ELION ENERGY CO (SHSE:600277) Business Description

Traded in Other Exchanges
N/A
Address
No.15 Guanghua Road, Elion Eco-plaza, Chaoyang District, Beijing, CHN
ELION ENERGY CO LTD is a China-based company engaged in businesses of Ecosystem, Energy, and Finance. Ecosystem business, the company adopts biological and ecological techniques to restore desertified, rocky, salinized, alkalized and degraded land and to improve the environment of western deserts, which includes national ecological projects. In Energy business, the company developed Micro-fine Coal Atomization which has improved combustion efficiency and thermal efficiency and minimizes coal consumption, achieving efficient and clean use of coal and reducing pollutants. In the Finance business, the company intends to build a green finance platform that contains funds, trusts, credit investigation, third-party payment, finance companies, insurance and carbon finance.
Executives
Jiang Yong Director
Tian Ji Sheng Director
Liu Jiang Tao Director
Xu Wei Hui Director
Ai Hong Gang senior management
Gao Zhi Jun senior management
Du Pu senior management
Zhang Su Wei Director

ELION ENERGY CO (SHSE:600277) Headlines

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