AECC Aviation Power Co (SHSE:600893) Days Payable : 574.25 (As of Mar. 2024)

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What is AECC Aviation Power Co Days Payable?

AECC Aviation Power Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥34,878 Mil. AECC Aviation Power Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥5,542 Mil. Hence, AECC Aviation Power Co's Days Payable for the three months ended in Mar. 2024 was 574.25.

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

SHSE:600893' s Days Payable Range Over the Past 10 Years
Min: 141.18 Med: 230.79 Max: 318.74
Current: 318.74

During the past 13 years, AECC Aviation Power Co's highest Days Payable was 318.74. The lowest was 141.18. And the median was 230.79.

SHSE:600893's Days Payable is ranked better than
90.57% of 297 companies
in the Aerospace & Defense industry
Industry Median: 77.56 vs SHSE:600893: 318.74

AECC Aviation Power Co's Days Payable increased from Mar. 2023 (487.14) to Mar. 2024 (574.25). It may suggest that AECC Aviation Power Co delayed paying its suppliers.

AECC Aviation Power Co Days Payable Historical Data

The historical data trend for AECC Aviation Power 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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AECC Aviation Power Co Days Payable Chart

AECC Aviation Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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240.91

249.16

249.64

271.22

277.62

AECC Aviation Power 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															487.14	283.61	423.90	201.16	574.25

Competitive Comparison of AECC Aviation Power Co's Days Payable

For the Aerospace & Defense subindustry, AECC Aviation Power 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.

AECC Aviation Power Co's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AECC Aviation Power Co's Days Payable distribution charts can be found below:

* The bar in red indicates where AECC Aviation Power Co's Days Payable falls into.

AECC Aviation Power 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.

AECC Aviation Power 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
=	( (26569.241	+	32584.969)	/	2 )	/	38886.081	*	365
=	29577.105					/	38886.081	*	365
=	277.62

AECC Aviation Power 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
=	( (32584.969	+	37170.892)	/	2 )	/	5542.197	*	365 / 4
=	34877.9305					/	5542.197	*	365 / 4
=	574.25

AECC Aviation Power Co Days Payable Related Terms

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AECC Aviation Power Co (SHSE:600893) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AECC Aviation Power Co Ltd (SHSE:600893) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fengcheng Road, Weiyang District, Shaanxi Province, Xi'an, CHN, 710021

Website

http://www.xaec.com

AECC Aviation Power Co Ltd is a China-based manufacturer of aeronautical engines. It engaged in the design, development, production, maintenance, marketing and after-sales service of military aircraft and civil aircraft power devices, second power devices, gas turbines, helicopter transmission systems, and aero-engine technology derivative products; customers involved in aviation, aerospace, ships, weapons, Energy and airspace and other fields. The company designs and produces products such as turbojets, turbofans, turboshafts, turboprops, and pistons, such as aero engines, gas turbines, and helicopter transmission systems.

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