Jiangxi JDL Environmental Protection Co (SHSE:688057) Days Payable : 601.47 (As of Mar. 2024)

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What is Jiangxi JDL Environmental Protection Co Days Payable?

Jiangxi JDL Environmental Protection Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥197.9 Mil. Jiangxi JDL Environmental Protection Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥30.0 Mil. Hence, Jiangxi JDL Environmental Protection Co's Days Payable for the three months ended in Mar. 2024 was 601.47.

The historical rank and industry rank for Jiangxi JDL Environmental Protection Co's Days Payable or its related term are showing as below:

SHSE:688057' s Days Payable Range Over the Past 10 Years
Min: 145.89 Med: 335.67 Max: 479.58
Current: 472.47

During the past 11 years, Jiangxi JDL Environmental Protection Co's highest Days Payable was 479.58. The lowest was 145.89. And the median was 335.67.

SHSE:688057's Days Payable is ranked better than
97.96% of 2935 companies
in the Industrial Products industry
Industry Median: 76.43 vs SHSE:688057: 472.47

Jiangxi JDL Environmental Protection Co's Days Payable increased from Mar. 2023 (510.53) to Mar. 2024 (601.47). It may suggest that Jiangxi JDL Environmental Protection Co delayed paying its suppliers.

Jiangxi JDL Environmental Protection Co Days Payable Historical Data

The historical data trend for Jiangxi JDL Environmental Protection 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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Jiangxi JDL Environmental Protection Co Days Payable Chart

Jiangxi JDL Environmental Protection Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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411.74

327.42

343.92

385.80

479.58

Jiangxi JDL Environmental Protection 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															510.53	644.62	419.04	349.91	601.47

Competitive Comparison of Jiangxi JDL Environmental Protection Co's Days Payable

For the Pollution & Treatment Controls subindustry, Jiangxi JDL Environmental Protection 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.

Jiangxi JDL Environmental Protection Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangxi JDL Environmental Protection Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangxi JDL Environmental Protection Co's Days Payable falls into.

Jiangxi JDL Environmental Protection 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.

Jiangxi JDL Environmental Protection 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
=	( (266.387	+	208.938)	/	2 )	/	180.881	*	365
=	237.6625					/	180.881	*	365
=	479.58

Jiangxi JDL Environmental Protection 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
=	( (208.938	+	186.89)	/	2 )	/	30.026	*	365 / 4
=	197.914					/	30.026	*	365 / 4
=	601.47

Jiangxi JDL Environmental Protection Co Days Payable Related Terms

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Jiangxi JDL Environmental Protection Co (SHSE:688057) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangxi JDL Environmental Protection Co Ltd (SHSE:688057) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

459 Industrial Avenue, Changhou Foreign Investment Development Zone, New District, Jiangxi Province, Nanchang, CHN, 330100

Website

http://www.jdlhb.com

Jiangxi JDL Environmental Protection Co Ltd is engaged manufacturing equipment for water environment management. The company offers a core technology called the facultative MBR (FMBR) process that is a breakthrough technology for the utility of the future. The facultative membrane bioreactor (FMBR) is a biological wastewater treatment process that removes carbon, nitrogen and phosphorus simultaneously in a single reactor.

Jiangxi JDL Environmental Protection Co (SHSE:688057) Headlines

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