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Hailir Pesticides and Chemicals group Co (SHSE:603639) Days Payable : 155.98 (As of Mar. 2024)


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What is Hailir Pesticides and Chemicals group Co Days Payable?

Hailir Pesticides and Chemicals group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,456 Mil. Hailir Pesticides and Chemicals group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥852 Mil. Hence, Hailir Pesticides and Chemicals group Co's Days Payable for the three months ended in Mar. 2024 was 155.98.

The historical rank and industry rank for Hailir Pesticides and Chemicals group Co's Days Payable or its related term are showing as below:

SHSE:603639' s Days Payable Range Over the Past 10 Years
Min: 104.8   Med: 134.63   Max: 171.63
Current: 171.6

During the past 13 years, Hailir Pesticides and Chemicals group Co's highest Days Payable was 171.63. The lowest was 104.80. And the median was 134.63.

SHSE:603639's Days Payable is ranked better than
86.81% of 235 companies
in the Agriculture industry
Industry Median: 75.32 vs SHSE:603639: 171.60

Hailir Pesticides and Chemicals group Co's Days Payable increased from Mar. 2023 (138.63) to Mar. 2024 (155.98). It may suggest that Hailir Pesticides and Chemicals group Co delayed paying its suppliers.


Hailir Pesticides and Chemicals group Co Days Payable Historical Data

The historical data trend for Hailir Pesticides and Chemicals 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.

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Hailir Pesticides and Chemicals group Co Days Payable Chart

Hailir Pesticides and Chemicals group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 143.82 134.43 140.71 117.97 148.37

Hailir Pesticides and Chemicals 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 138.63 130.22 180.49 267.57 155.98

Competitive Comparison of Hailir Pesticides and Chemicals group Co's Days Payable

For the Agricultural Inputs subindustry, Hailir Pesticides and Chemicals 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.


Hailir Pesticides and Chemicals group Co's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Hailir Pesticides and Chemicals group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hailir Pesticides and Chemicals group Co's Days Payable falls into.



Hailir Pesticides and Chemicals 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.

Hailir Pesticides and Chemicals 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
=( (1087.506 + 1378.417) / 2 ) / 3033.127*365
=1232.9615 / 3033.127*365
=148.37

Hailir Pesticides and Chemicals 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
=( (1378.417 + 1533.026) / 2 ) / 851.591*365 / 4
=1455.7215 / 851.591*365 / 4
=155.98

* 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.


Hailir Pesticides and Chemicals group Co Days Payable Related Terms

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Hailir Pesticides and Chemicals group Co (SHSE:603639) Business Description

Traded in Other Exchanges
N/A
Address
No.216,Guocheng Road, In Chengdong Industrial Park, 2nd Floor, Hailir Mansion, Chengyang District, Shandong Province, Qingdao, CHN, 266109
Hailir Pesticides and Chemicals group Co Ltd is a Chinese pesticide production enterprise as well as an integrated agrochemical group. The principal activities of the company are research, development, produce and sell pesticides and functional fertilizers. Its range of products include fungicides, herbicides, insecticides, TC products, bioassay, and fertilizers among others.
Executives
Liu Yu Long Directors, senior managers
Tang An Rong senior management
Li Jian Guo Director
Xu Hong Tao Director
Ge Yao Lun Director
Zhang Ai Ying Director
Ge Jia Cheng Director

Hailir Pesticides and Chemicals group Co (SHSE:603639) Headlines

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