Xinjiang Baodi Mining Co (SHSE:601121) Days Payable : 170.30 (As of Mar. 2024)

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What is Xinjiang Baodi Mining Co Days Payable?

Xinjiang Baodi Mining Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥250.0 Mil. Xinjiang Baodi Mining Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥133.9 Mil. Hence, Xinjiang Baodi Mining Co's Days Payable for the three months ended in Mar. 2024 was 170.30.

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

SHSE:601121' s Days Payable Range Over the Past 10 Years
Min: 71.05 Med: 177.73 Max: 469.66
Current: 117.63

During the past 9 years, Xinjiang Baodi Mining Co's highest Days Payable was 469.66. The lowest was 71.05. And the median was 177.73.

SHSE:601121's Days Payable is ranked worse than
52.34% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.005 vs SHSE:601121: 117.63

Xinjiang Baodi Mining Co's Days Payable declined from Mar. 2023 (448.48) to Mar. 2024 (170.30). It may suggest that Xinjiang Baodi Mining Co accelerated paying its suppliers.

Xinjiang Baodi Mining Co Days Payable Historical Data

The historical data trend for Xinjiang Baodi Mining 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.

Xinjiang Baodi Mining Co Days Payable Chart

Xinjiang Baodi Mining Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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177.73

188.75

239.48

469.66

381.40

Xinjiang Baodi Mining Co Quarterly Data
	Dec12	Dec13	Dec14	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial												448.48	92.24	127.00	104.17	170.30

Competitive Comparison of Xinjiang Baodi Mining Co's Days Payable

For the Other Industrial Metals & Mining subindustry, Xinjiang Baodi Mining 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.

Xinjiang Baodi Mining Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xinjiang Baodi Mining Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xinjiang Baodi Mining Co's Days Payable falls into.

Xinjiang Baodi Mining 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.

Xinjiang Baodi Mining 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
=	( (867.089	+	271.653)	/	2 )	/	544.882	*	365
=	569.371					/	544.882	*	365
=	381.40

Xinjiang Baodi Mining 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
=	( (271.653	+	228.287)	/	2 )	/	133.938	*	365 / 4
=	249.97					/	133.938	*	365 / 4
=	170.30

Xinjiang Baodi Mining Co Days Payable Related Terms

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Xinjiang Baodi Mining Co (SHSE:601121) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xinjiang Baodi Mining Co Ltd (SHSE:601121) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 390 Karamay East Street, Floor 15, Shenzhen City Building, Shayibak District, Xinjiang Uygur Autonomous Region, Urumqi, CHN, 830000

Website

Xinjiang Baodi Mining Co Ltd is engaged in the Iron ore mining, mineral processing and iron concentrate sales.

Xinjiang Baodi Mining Co (SHSE:601121) Headlines

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