Jiangsu Expressway Co (SHSE:600377) Days Payable : 136.58 (As of Mar. 2024)

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What is Jiangsu Expressway Co Days Payable?

Jiangsu Expressway Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,742 Mil. Jiangsu Expressway Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,832 Mil. Hence, Jiangsu Expressway Co's Days Payable for the three months ended in Mar. 2024 was 136.58.

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

SHSE:600377' s Days Payable Range Over the Past 10 Years
Min: 44.46 Med: 87.12 Max: 134.81
Current: 106.4

During the past 13 years, Jiangsu Expressway Co's highest Days Payable was 134.81. The lowest was 44.46. And the median was 87.12.

SHSE:600377's Days Payable is ranked better than
65.9% of 1604 companies
in the Construction industry
Industry Median: 74.12 vs SHSE:600377: 106.40

Jiangsu Expressway Co's Days Payable declined from Mar. 2023 (139.76) to Mar. 2024 (136.58). It may suggest that Jiangsu Expressway Co accelerated paying its suppliers.

Jiangsu Expressway Co Days Payable Historical Data

The historical data trend for Jiangsu 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.

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Jiangsu Expressway Co Days Payable Chart

Jiangsu Expressway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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93.84

116.91

103.26

134.81

116.71

Jiangsu 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															139.76	128.26	92.48	88.55	136.58

Competitive Comparison of Jiangsu Expressway Co's Days Payable

For the Infrastructure Operations subindustry, Jiangsu 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.

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

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

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

Jiangsu 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.

Jiangsu 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
=	( (3179.442	+	2947.52)	/	2 )	/	9580.685	*	365
=	3063.481					/	9580.685	*	365
=	116.71

Jiangsu 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
=	( (2947.52	+	2537.337)	/	2 )	/	1832.222	*	365 / 4
=	2742.4285					/	1832.222	*	365 / 4
=	136.58

Jiangsu Expressway Co Days Payable Related Terms

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Jiangsu Expressway Co (SHSE:600377) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jiangsu Expressway Co Ltd (SHSE:600377) » Definitions » Days Payable

Traded in Other Exchanges

JEXYY:USA JEXYF:USA 00177:Hong Kong JE2:Germany

Address

6 Xianlin Avenue, Jiangsu Province, Nanjing, CHN, 210049

Website

http://www.jsexpressway.com

Jiangsu Expressway Co Ltd is principally engaged in the investment, construction, operation and management of toll roads and bridges in Jiangsu Province and the development of service areas along expressways. It operates through the following segments: Shanghai-Nanjing Expressway is a key revenue driver, Guangjing Expressway, and Xicheng Expressway, Xiyi Expressway and Wuxi Huantaihu Expressway, Ningchang Expressway and Zhenli Expressway, Zhendan Expressway, Wufengshan Expressway, Changyi Expressway, Yichang Expressway, Longtan Bridge, Ancillary services, Real estate development, sales of electricity and advertising and others.

Jiangsu Expressway Co (SHSE:600377) Headlines

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