Tianjin Capital Environmental Protection Group Co (SHSE:600874) Days Payable : 96.69 (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Tianjin Capital Environmental Protection Group Co Days Payable?

Tianjin Capital Environmental Protection Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥685 Mil. Tianjin Capital Environmental Protection Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥646 Mil. Hence, Tianjin Capital Environmental Protection Group Co's Days Payable for the three months ended in Mar. 2024 was 96.69.

The historical rank and industry rank for Tianjin Capital Environmental Protection Group Co's Days Payable or its related term are showing as below:

SHSE:600874' s Days Payable Range Over the Past 10 Years
Min: 12.69 Med: 37.6 Max: 90.85
Current: 90.85

During the past 13 years, Tianjin Capital Environmental Protection Group Co's highest Days Payable was 90.85. The lowest was 12.69. And the median was 37.60.

SHSE:600874's Days Payable is ranked better than
56.64% of 226 companies
in the Waste Management industry
Industry Median: 72.98 vs SHSE:600874: 90.85

Tianjin Capital Environmental Protection Group Co's Days Payable increased from Mar. 2023 (73.86) to Mar. 2024 (96.69). It may suggest that Tianjin Capital Environmental Protection Group Co delayed paying its suppliers.

Tianjin Capital Environmental Protection Group Co Days Payable Historical Data

The historical data trend for Tianjin Capital Environmental Protection 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.

Tianjin Capital Environmental Protection Group Co Days Payable Chart

Tianjin Capital Environmental Protection Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

38.36

43.95

41.47

57.49

75.71

Tianjin Capital Environmental Protection 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															73.86	68.07	104.23	110.45	96.69

Competitive Comparison of Tianjin Capital Environmental Protection Group Co's Days Payable

For the Waste Management subindustry, Tianjin Capital Environmental Protection 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.

Tianjin Capital Environmental Protection Group Co's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Tianjin Capital Environmental Protection Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tianjin Capital Environmental Protection Group Co's Days Payable falls into.

Tianjin Capital Environmental Protection 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.

Tianjin Capital Environmental Protection 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
=	( (511.159	+	668.888)	/	2 )	/	2844.517	*	365
=	590.0235					/	2844.517	*	365
=	75.71

Tianjin Capital Environmental Protection 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
=	( (668.888	+	700.809)	/	2 )	/	646.288	*	365 / 4
=	684.8485					/	646.288	*	365 / 4
=	96.69

Tianjin Capital Environmental Protection Group Co Days Payable Related Terms

Thank you for viewing the detailed overview of Tianjin Capital Environmental Protection Group Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Tianjin Capital Environmental Protection Group Co (SHSE:600874) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Tianjin Capital Environmental Protection Group Co Ltd (SHSE:600874) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

01065:Hong Kong TIA:Germany

Address

No. 76, Weijin South Road, 12th Floor, TCEP Building, Nankai District, Tianjin, CHN, 300381

Website

https://www.tjcep.com

Tianjin Capital Environmental Protection Group Co Ltd is a Chinese company mainly engaged in water utility business, new energy cooling and heating supply business. It provides sewage water treatment, construction and management of the related facility, the supply of tap water, recycled water. The company also provides a heating and cooling supply service which includes design, construction, operations, and transfer of centralized heating and cooling infrastructures, and provision of heating and cooling services. The company manages is business mainly in five segments; Sewage processing and facility, recycled water and pipeline connection, heating and cooling services, tap water operations and sale of environmental protection equipment. The company earns majority of its revenue from China.

Tianjin Capital Environmental Protection Group Co (SHSE:600874) Headlines

No Headlines