Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) Days Payable : 41.58 (As of Mar. 2024)

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What is Inner Mongolia Mengdian Huaneng Thermal Power Days Payable?

Inner Mongolia Mengdian Huaneng Thermal Power's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,903 Mil. Inner Mongolia Mengdian Huaneng Thermal Power's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥4,177 Mil. Hence, Inner Mongolia Mengdian Huaneng Thermal Power's Days Payable for the three months ended in Mar. 2024 was 41.58.

The historical rank and industry rank for Inner Mongolia Mengdian Huaneng Thermal Power's Days Payable or its related term are showing as below:

SHSE:600863' s Days Payable Range Over the Past 10 Years
Min: 41.05 Med: 54.81 Max: 74.56
Current: 41.05

During the past 13 years, Inner Mongolia Mengdian Huaneng Thermal Power's highest Days Payable was 74.56. The lowest was 41.05. And the median was 54.81.

SHSE:600863's Days Payable is ranked worse than
69.74% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 78.705 vs SHSE:600863: 41.05

Inner Mongolia Mengdian Huaneng Thermal Power's Days Payable declined from Mar. 2023 (50.24) to Mar. 2024 (41.58). It may suggest that Inner Mongolia Mengdian Huaneng Thermal Power accelerated paying its suppliers.

Inner Mongolia Mengdian Huaneng Thermal Power Days Payable Historical Data

The historical data trend for Inner Mongolia Mengdian Huaneng Thermal Power'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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Inner Mongolia Mengdian Huaneng Thermal Power Days Payable Chart

Inner Mongolia Mengdian Huaneng Thermal Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.63

52.30

48.75

48.01

48.70

Inner Mongolia Mengdian Huaneng Thermal Power 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															50.24	48.65	35.93	37.76	41.58

Competitive Comparison of Inner Mongolia Mengdian Huaneng Thermal Power's Days Payable

For the Utilities - Independent Power Producers subindustry, Inner Mongolia Mengdian Huaneng Thermal Power'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.

Inner Mongolia Mengdian Huaneng Thermal Power's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Inner Mongolia Mengdian Huaneng Thermal Power's Days Payable distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Mengdian Huaneng Thermal Power's Days Payable falls into.

Inner Mongolia Mengdian Huaneng Thermal Power 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.

Inner Mongolia Mengdian Huaneng Thermal Power'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
=	( (2680.615	+	2068.702)	/	2 )	/	17796.999	*	365
=	2374.6585					/	17796.999	*	365
=	48.70

Inner Mongolia Mengdian Huaneng Thermal Power'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
=	( (2068.702	+	1737.996)	/	2 )	/	4176.593	*	365 / 4
=	1903.349					/	4176.593	*	365 / 4
=	41.58

Inner Mongolia Mengdian Huaneng Thermal Power Days Payable Related Terms

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Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Inner Mongolia Mengdian Huaneng Thermal Power Corp Ltd (SHSE:600863) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.218, Xilin South Road, Inner Mongolia Autonomous Region, Huhehaote, CHN, 010020

Website

http://www.nmhdwz.com

Inner Mongolia Mengdian Huaneng Thermal Power Corp Ltd is engaged in the generation and distribution of electric heat and power.

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