HuaDian Heavy Industries Co (SHSE:601226) Days Payable : 427.68 (As of Mar. 2024)

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What is HuaDian Heavy Industries Co Days Payable?

HuaDian Heavy Industries Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥5,491 Mil. HuaDian Heavy Industries Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,172 Mil. Hence, HuaDian Heavy Industries Co's Days Payable for the three months ended in Mar. 2024 was 427.68.

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

SHSE:601226' s Days Payable Range Over the Past 10 Years
Min: 147.37 Med: 217.49 Max: 329.49
Current: 273.75

During the past 13 years, HuaDian Heavy Industries Co's highest Days Payable was 329.49. The lowest was 147.37. And the median was 217.49.

SHSE:601226's Days Payable is ranked better than
88.24% of 1599 companies
in the Construction industry
Industry Median: 75.97 vs SHSE:601226: 273.75

HuaDian Heavy Industries Co's Days Payable declined from Mar. 2023 (576.91) to Mar. 2024 (427.68). It may suggest that HuaDian Heavy Industries Co accelerated paying its suppliers.

HuaDian Heavy Industries Co Days Payable Historical Data

The historical data trend for HuaDian Heavy Industries 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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HuaDian Heavy Industries Co Days Payable Chart

HuaDian Heavy Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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162.17

147.37

162.84

267.52

329.49

HuaDian Heavy Industries 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															576.91	376.24	318.05	161.49	427.68

Competitive Comparison of HuaDian Heavy Industries Co's Days Payable

For the Engineering & Construction subindustry, HuaDian Heavy Industries 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.

HuaDian Heavy Industries Co's Days Payable Distribution in the Construction Industry

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

* The bar in red indicates where HuaDian Heavy Industries Co's Days Payable falls into.

HuaDian Heavy Industries 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.

HuaDian Heavy Industries 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
=	( (5608.118	+	5954.656)	/	2 )	/	6404.436	*	365
=	5781.387					/	6404.436	*	365
=	329.49

HuaDian Heavy Industries 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
=	( (5954.656	+	5027.389)	/	2 )	/	1171.575	*	365 / 4
=	5491.0225					/	1171.575	*	365 / 4
=	427.68

HuaDian Heavy Industries Co Days Payable Related Terms

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HuaDian Heavy Industries Co (SHSE:601226) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » HuaDian Heavy Industries Co Ltd (SHSE:601226) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Tower B, Huadian Industrial Park, No.6, Automobile Museum Road, Fengtai District, Beijing, CHN

Website

http://www.hhi.com.cn

HuaDian Heavy Industries Co Ltd provides engineering solutions. The company's business covers domestic and foreign power, coal, petrochemical, mining, metallurgy, port, water conservancy, building materials, urban construction and other fields. Some of the company's services are Electric metallurgy building materials, Coal petrochemical engineering, Port engineering, Overseas engineering, Internal market engineering, Operation and maintenance, and others.

Executives

Qi Bing Sheng	senior management
Zhao Ying Jiu	senior management
Guo Shu Wang	Directors, senior managers
Xiao Dong Yu	senior management
Zhao Jiang	senior management
Yuan Xin Yong	Directors, senior managers
Zhao Sheng Guo	Director

HuaDian Heavy Industries Co (SHSE:601226) Headlines

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