TianYu Eco-Environment Co (SHSE:603717) Days Payable : 334.94 (As of Mar. 2024)

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What is TianYu Eco-Environment Co Days Payable?

TianYu Eco-Environment Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥639.0 Mil. TianYu Eco-Environment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥174.1 Mil. Hence, TianYu Eco-Environment Co's Days Payable for the three months ended in Mar. 2024 was 334.94.

The historical rank and industry rank for TianYu Eco-Environment Co's Days Payable or its related term are showing as below:

SHSE:603717' s Days Payable Range Over the Past 10 Years
Min: 217.89 Med: 297.01 Max: 529.16
Current: 262.8

During the past 12 years, TianYu Eco-Environment Co's highest Days Payable was 529.16. The lowest was 217.89. And the median was 297.01.

SHSE:603717's Days Payable is ranked better than
87.55% of 1599 companies
in the Construction industry
Industry Median: 75.97 vs SHSE:603717: 262.80

TianYu Eco-Environment Co's Days Payable increased from Mar. 2023 (259.35) to Mar. 2024 (334.94). It may suggest that TianYu Eco-Environment Co delayed paying its suppliers.

TianYu Eco-Environment Co Days Payable Historical Data

The historical data trend for TianYu Eco-Environment 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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TianYu Eco-Environment Co Days Payable Chart

TianYu Eco-Environment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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516.21

529.16

441.90

294.08

273.38

TianYu Eco-Environment 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															259.35	227.42	332.58	209.48	334.94

Competitive Comparison of TianYu Eco-Environment Co's Days Payable

For the Engineering & Construction subindustry, TianYu Eco-Environment 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.

TianYu Eco-Environment Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, TianYu Eco-Environment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where TianYu Eco-Environment Co's Days Payable falls into.

TianYu Eco-Environment 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.

TianYu Eco-Environment 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
=	( (666.007	+	684.004)	/	2 )	/	901.209	*	365
=	675.0055					/	901.209	*	365
=	273.38

TianYu Eco-Environment 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
=	( (684.004	+	594.069)	/	2 )	/	174.097	*	365 / 4
=	639.0365					/	174.097	*	365 / 4
=	334.94

TianYu Eco-Environment Co Days Payable Related Terms

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TianYu Eco-Environment Co (SHSE:603717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » TianYu Eco-Environment Co Ltd (SHSE:603717) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

1688 Guoquan North Road, B1, B2, Bay Valley Science and Technology Park, Yangpu District, Shanghai, CHN

Website

http://www.tystyl.com

TianYu Eco-Environment Co Ltd is a Chinese eco-environment construction and operation service provider. It offers urban landscaping, landscaping project design, construction and maintenance, municipal public EPC contracting, and afforestation construction. The business segments of the company are Ecosystem, Cultural tourism, Agriculture and forestry industry, Park development, and Financial investment.

Executives

Liu Ding Hua	Supervisors
Zhou Wei	Directors, senior managers
Luo Wei Guo	Director
Gu Xiang Chun	Director
Shi Dong Wei	Director

TianYu Eco-Environment Co (SHSE:603717) Headlines

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