CCCC Design And Consulting Group Co (SHSE:600720) Days Payable : 343.18 (As of Mar. 2024)

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What is CCCC Design And Consulting Group Co Days Payable?

CCCC Design And Consulting Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥6,762 Mil. CCCC Design And Consulting Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,798 Mil. Hence, CCCC Design And Consulting Group Co's Days Payable for the three months ended in Mar. 2024 was 343.18.

The historical rank and industry rank for CCCC Design And Consulting Group Co's Days Payable or its related term are showing as below:

SHSE:600720' s Days Payable Range Over the Past 10 Years
Min: 67.16 Med: 106.04 Max: 275.37
Current: 148.66

During the past 13 years, CCCC Design And Consulting Group Co's highest Days Payable was 275.37. The lowest was 67.16. And the median was 106.04.

SHSE:600720's Days Payable is ranked better than
80.05% of 371 companies
in the Building Materials industry
Industry Median: 66.28 vs SHSE:600720: 148.66

CCCC Design And Consulting Group Co's Days Payable increased from Mar. 2023 (181.76) to Mar. 2024 (343.18). It may suggest that CCCC Design And Consulting Group Co delayed paying its suppliers.

CCCC Design And Consulting Group Co Days Payable Historical Data

The historical data trend for CCCC Design And Consulting 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.

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CCCC Design And Consulting Group Co Days Payable Chart

CCCC Design And Consulting Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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120.61

89.90

67.16

168.17

275.37

CCCC Design And Consulting 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															181.76	499.83	109.79	76.76	343.18

Competitive Comparison of CCCC Design And Consulting Group Co's Days Payable

For the Building Materials subindustry, CCCC Design And Consulting 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.

CCCC Design And Consulting Group Co's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, CCCC Design And Consulting Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where CCCC Design And Consulting Group Co's Days Payable falls into.

CCCC Design And Consulting 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.

CCCC Design And Consulting 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
=	( (7817.844	+	7029.949)	/	2 )	/	9840.438	*	365
=	7423.8965					/	9840.438	*	365
=	275.37

CCCC Design And Consulting 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
=	( (7029.949	+	6494.292)	/	2 )	/	1798.019	*	365 / 4
=	6762.1205					/	1798.019	*	365 / 4
=	343.18

CCCC Design And Consulting Group Co Days Payable Related Terms

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CCCC Design And Consulting Group Co (SHSE:600720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » CCCC Design And Consulting Group Co Ltd (SHSE:600720) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 3 Lixing Xincun, Jiuquan Road, Lanzhou, Gansu, CHN, 730030

Website

http://www.qlssn.com

CCCC Design And Consulting Group Co Ltd formerly Gansu Qilianshan Cement Group Co Ltd is engaged in the production and distribution of cement and related products.

CCCC Design And Consulting Group Co (SHSE:600720) Headlines

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