Sichuan Expressway Co (SHSE:601107) Days Payable : 116.75 (As of Mar. 2024)

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What is Sichuan Expressway Co Days Payable?

Sichuan Expressway Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,510 Mil. Sichuan Expressway Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,180 Mil. Hence, Sichuan Expressway Co's Days Payable for the three months ended in Mar. 2024 was 116.75.

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

SHSE:601107' s Days Payable Range Over the Past 10 Years
Min: 45.64 Med: 136.62 Max: 194.49
Current: 57.75

During the past 13 years, Sichuan Expressway Co's highest Days Payable was 194.49. The lowest was 45.64. And the median was 136.62.

SHSE:601107's Days Payable is ranked worse than
63.59% of 1604 companies
in the Construction industry
Industry Median: 74.18 vs SHSE:601107: 57.75

Sichuan Expressway Co's Days Payable increased from Mar. 2023 (76.36) to Mar. 2024 (116.75). It may suggest that Sichuan Expressway Co delayed paying its suppliers.

Sichuan Expressway Co Days Payable Historical Data

The historical data trend for Sichuan Expressway 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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Sichuan Expressway Co Days Payable Chart

Sichuan Expressway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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165.39

194.49

76.42

45.64

60.34

Sichuan Expressway 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															76.36	40.92	79.50	43.49	116.75

Competitive Comparison of Sichuan Expressway Co's Days Payable

For the Infrastructure Operations subindustry, Sichuan Expressway 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.

Sichuan Expressway Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sichuan Expressway Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sichuan Expressway Co's Days Payable falls into.

Sichuan Expressway 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.

Sichuan Expressway 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
=	( (1215.039	+	1668.579)	/	2 )	/	8721.948	*	365
=	1441.809					/	8721.948	*	365
=	60.34

Sichuan Expressway 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
=	( (1668.579	+	1351.85)	/	2 )	/	1180.41	*	365 / 4
=	1510.2145					/	1180.41	*	365 / 4
=	116.75

Sichuan Expressway Co Days Payable Related Terms

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Sichuan Expressway Co (SHSE:601107) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sichuan Expressway Co Ltd (SHSE:601107) » Definitions » Days Payable

Traded in Other Exchanges

SEXHF:USA 00107:Hong Kong

Address

252 Wuhouci Da Jie, Sichuan Province, Chengdu, CHN, 610041

Website

https://www.cygs.com

Sichuan Expressway Co Ltd is primarily engaged in the investment, construction, operation, and management of road infrastructure projects. The company operates in five segments: Expressways segment, New energy technologies segment, Transportation services segment, Transportation logistics segment, Construction services segment and Others segment. Majority of the revenue is generated from Construction services segment. Construction services segment comprises the provision of construction and upgrade services under the service concession arrangements and construction contracts.

Sichuan Expressway Co (SHSE:601107) Headlines

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