Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596) Days Payable : 99.78 (As of Mar. 2024)

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

What is Zhejiang Xinan Chemical Industrial Group Co Days Payable?

Zhejiang Xinan Chemical Industrial Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥3,876 Mil. Zhejiang Xinan Chemical Industrial Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,545 Mil. Hence, Zhejiang Xinan Chemical Industrial Group Co's Days Payable for the three months ended in Mar. 2024 was 99.78.

The historical rank and industry rank for Zhejiang Xinan Chemical Industrial Group Co's Days Payable or its related term are showing as below:

SHSE:600596' s Days Payable Range Over the Past 10 Years
Min: 65.2 Med: 76.26 Max: 108.36
Current: 108.36

During the past 13 years, Zhejiang Xinan Chemical Industrial Group Co's highest Days Payable was 108.36. The lowest was 65.20. And the median was 76.26.

SHSE:600596's Days Payable is ranked better than
63.25% of 234 companies
in the Agriculture industry
Industry Median: 78.955 vs SHSE:600596: 108.36

Zhejiang Xinan Chemical Industrial Group Co's Days Payable increased from Mar. 2023 (92.78) to Mar. 2024 (99.78). It may suggest that Zhejiang Xinan Chemical Industrial Group Co delayed paying its suppliers.

Zhejiang Xinan Chemical Industrial Group Co Days Payable Historical Data

The historical data trend for Zhejiang Xinan Chemical Industrial Group 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.

Zhejiang Xinan Chemical Industrial Group Co Days Payable Chart

Zhejiang Xinan Chemical Industrial Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

67.39

76.54

75.97

74.13

95.14

Zhejiang Xinan Chemical Industrial Group 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															92.78	84.87	105.71	170.09	99.78

Competitive Comparison of Zhejiang Xinan Chemical Industrial Group Co's Days Payable

For the Agricultural Inputs subindustry, Zhejiang Xinan Chemical Industrial Group 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.

Zhejiang Xinan Chemical Industrial Group Co's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Zhejiang Xinan Chemical Industrial Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Xinan Chemical Industrial Group Co's Days Payable falls into.

Zhejiang Xinan Chemical Industrial Group 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.

Zhejiang Xinan Chemical Industrial Group 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
=	( (3279.344	+	3391.4)	/	2 )	/	12796.6	*	365
=	3335.372					/	12796.6	*	365
=	95.14

Zhejiang Xinan Chemical Industrial Group 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
=	( (3391.4	+	4361.171)	/	2 )	/	3544.986	*	365 / 4
=	3876.2855					/	3544.986	*	365 / 4
=	99.78

Zhejiang Xinan Chemical Industrial Group Co Days Payable Related Terms

Thank you for viewing the detailed overview of Zhejiang Xinan Chemical Industrial Group Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Zhejiang Xinan Chemical Industrial Group Co Ltd (SHSE:600596) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

555 Xin'an Road East, Xin'anjiang, Jiande, Zhejiang, CHN, 311600

Website

http://www.wynca.com

Zhejiang Xinan Chemical Industrial Group Co Ltd is engaged in crop protection products and organic silicon materials. It also manufactures pesticide and fungicides; based on synthesized organic silicon monomers, a complete organic industry chain.

Zhejiang Xinan Chemical Industrial Group Co (SHSE:600596) Headlines

No Headlines