Shaanxi Beiyuan Chemical Industry Group Co (SHSE:601568) Days Payable : 92.03 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Shaanxi Beiyuan Chemical Industry Group Co Days Payable?

Shaanxi Beiyuan Chemical Industry Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,960 Mil. Shaanxi Beiyuan Chemical Industry Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,944 Mil. Hence, Shaanxi Beiyuan Chemical Industry Group Co's Days Payable for the three months ended in Mar. 2024 was 92.03.

The historical rank and industry rank for Shaanxi Beiyuan Chemical Industry Group Co's Days Payable or its related term are showing as below:

SHSE:601568' s Days Payable Range Over the Past 10 Years
Min: 74.77 Med: 96.62 Max: 186.43
Current: 76.97

During the past 8 years, Shaanxi Beiyuan Chemical Industry Group Co's highest Days Payable was 186.43. The lowest was 74.77. And the median was 96.62.

SHSE:601568's Days Payable is ranked better than
64.27% of 1503 companies
in the Chemicals industry
Industry Median: 60.89 vs SHSE:601568: 76.97

Shaanxi Beiyuan Chemical Industry Group Co's Days Payable increased from Mar. 2023 (89.56) to Mar. 2024 (92.03). It may suggest that Shaanxi Beiyuan Chemical Industry Group Co delayed paying its suppliers.

Shaanxi Beiyuan Chemical Industry Group Co Days Payable Historical Data

The historical data trend for Shaanxi Beiyuan Chemical Industry 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.

Shaanxi Beiyuan Chemical Industry Group Co Days Payable Chart

Shaanxi Beiyuan Chemical Industry Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

103.84

89.40

74.77

80.08

79.22

Shaanxi Beiyuan Chemical Industry 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															89.56	78.11	63.41	74.77	92.03

Competitive Comparison of Shaanxi Beiyuan Chemical Industry Group Co's Days Payable

For the Chemicals subindustry, Shaanxi Beiyuan Chemical Industry 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.

Shaanxi Beiyuan Chemical Industry Group Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shaanxi Beiyuan Chemical Industry Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shaanxi Beiyuan Chemical Industry Group Co's Days Payable falls into.

Shaanxi Beiyuan Chemical Industry 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.

Shaanxi Beiyuan Chemical Industry 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
=	( (2148.468	+	2014.303)	/	2 )	/	9589.49	*	365
=	2081.3855					/	9589.49	*	365
=	79.22

Shaanxi Beiyuan Chemical Industry 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
=	( (2014.303	+	1906.415)	/	2 )	/	1943.645	*	365 / 4
=	1960.359					/	1943.645	*	365 / 4
=	92.03

Shaanxi Beiyuan Chemical Industry Group Co Days Payable Related Terms

Thank you for viewing the detailed overview of Shaanxi Beiyuan Chemical Industry Group Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Shaanxi Beiyuan Chemical Industry Group Co (SHSE:601568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shaanxi Beiyuan Chemical Industry Group Co Ltd (SHSE:601568) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Jinjie Industrial Park, Shenmu City, Shaanxi Province, Yulin, CHN, 719319

Website

http://www.sxbychem.com

Shaanxi Beiyuan Chemical Industry Group Co Ltd is engaged in the production and sales of polyvinyl chloride, caustic soda, polyethylene, polysilicon, metallic magnesium and various other products.

Shaanxi Beiyuan Chemical Industry Group Co (SHSE:601568) Headlines

No Headlines