C and D Holsin Engineering Consulting Co (SHSE:603909) Days Payable : 90.19 (As of Mar. 2024)

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What is C and D Holsin Engineering Consulting Co Days Payable?

C and D Holsin Engineering Consulting Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,534 Mil. C and D Holsin Engineering Consulting Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,552 Mil. Hence, C and D Holsin Engineering Consulting Co's Days Payable for the three months ended in Mar. 2024 was 90.19.

The historical rank and industry rank for C and D Holsin Engineering Consulting Co's Days Payable or its related term are showing as below:

SHSE:603909' s Days Payable Range Over the Past 10 Years
Min: 11.15 Med: 86.72 Max: 107.85
Current: 74.92

During the past 13 years, C and D Holsin Engineering Consulting Co's highest Days Payable was 107.85. The lowest was 11.15. And the median was 86.72.

SHSE:603909's Days Payable is ranked better than
50.93% of 1606 companies
in the Construction industry
Industry Median: 73.785 vs SHSE:603909: 74.92

C and D Holsin Engineering Consulting Co's Days Payable declined from Mar. 2023 (144.94) to Mar. 2024 (90.19). It may suggest that C and D Holsin Engineering Consulting Co accelerated paying its suppliers.

C and D Holsin Engineering Consulting Co Days Payable Historical Data

The historical data trend for C and D Holsin Engineering Consulting 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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C and D Holsin Engineering Consulting Co Days Payable Chart

C and D Holsin Engineering Consulting Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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102.50

101.79

106.44

107.85

93.56

C and D Holsin Engineering Consulting 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															144.94	71.69	79.86	60.42	90.19

Competitive Comparison of C and D Holsin Engineering Consulting Co's Days Payable

For the Engineering & Construction subindustry, C and D Holsin Engineering Consulting 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.

C and D Holsin Engineering Consulting Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, C and D Holsin Engineering Consulting Co's Days Payable distribution charts can be found below:

* The bar in red indicates where C and D Holsin Engineering Consulting Co's Days Payable falls into.

C and D Holsin Engineering Consulting 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.

C and D Holsin Engineering Consulting 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
=	( (392.635	+	1451.06)	/	2 )	/	3596.302	*	365
=	921.8475					/	3596.302	*	365
=	93.56

C and D Holsin Engineering Consulting 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
=	( (1451.06	+	1616.724)	/	2 )	/	1551.876	*	365 / 4
=	1533.892					/	1551.876	*	365 / 4
=	90.19

C and D Holsin Engineering Consulting Co Days Payable Related Terms

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C and D Holsin Engineering Consulting Co (SHSE:603909) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » C and D Holsin Engineering Consulting Co Ltd (SHSE:603909) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 2368, Fangzhong Road, Unit 1101-1104, Huli District, Fujian Province, Xiamen, CHN, 361009

Website

http://www.holsin.cn

C and D Holsin Engineering Consulting Co Ltd is a project management, design, and consulting company. It is engaged in building roads, bridges, and tunnels, and also provides traffic engineering and supporting ancillary works. It is specialized in engineering supervision, design consulting, test testing, repair and reinforcement, project management, engineering new material research and development and application, and other technical services.

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