China High-Speed Railway Technology Co (SZSE:000008) Days Payable : 1,158.68 (As of Mar. 2024)

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What is China High-Speed Railway Technology Co Days Payable?

China High-Speed Railway Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,328 Mil. China High-Speed Railway Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥105 Mil. Hence, China High-Speed Railway Technology Co's Days Payable for the three months ended in Mar. 2024 was 1,158.68.

The historical rank and industry rank for China High-Speed Railway Technology Co's Days Payable or its related term are showing as below:

SZSE:000008' s Days Payable Range Over the Past 10 Years
Min: 50.84 Med: 238.35 Max: 462.8
Current: 281.61

During the past 13 years, China High-Speed Railway Technology Co's highest Days Payable was 462.80. The lowest was 50.84. And the median was 238.35.

SZSE:000008's Days Payable is ranked better than
88.7% of 1602 companies
in the Construction industry
Industry Median: 75.99 vs SZSE:000008: 281.61

China High-Speed Railway Technology Co's Days Payable increased from Mar. 2023 (475.74) to Mar. 2024 (1,158.68). It may suggest that China High-Speed Railway Technology Co delayed paying its suppliers.

China High-Speed Railway Technology Co Days Payable Historical Data

The historical data trend for China High-Speed Railway Technology 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.

China High-Speed Railway Technology Co Days Payable Chart

China High-Speed Railway Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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244.91

358.35

318.73

462.80

269.42

China High-Speed Railway Technology 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															475.74	449.34	378.45	117.85	1,158.68

Competitive Comparison of China High-Speed Railway Technology Co's Days Payable

For the Infrastructure Operations subindustry, China High-Speed Railway Technology 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.

China High-Speed Railway Technology Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, China High-Speed Railway Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China High-Speed Railway Technology Co's Days Payable falls into.

China High-Speed Railway Technology 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.

China High-Speed Railway Technology 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
=	( (1438.164	+	1364.534)	/	2 )	/	1898.496	*	365
=	1401.349					/	1898.496	*	365
=	269.42

China High-Speed Railway Technology 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
=	( (1364.534	+	1290.667)	/	2 )	/	104.553	*	365 / 4
=	1327.6005					/	104.553	*	365 / 4
=	1,158.68

China High-Speed Railway Technology Co Days Payable Related Terms

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China High-Speed Railway Technology Co (SZSE:000008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China High-Speed Railway Technology Co Ltd (SZSE:000008) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Gaoliangqiao Street, 16 / F, Building 1, No. 59, Haidian District, Beijing, CHN, 100044

Website

http://www.shenzhou-gaotie.com

China High-Speed Railway Technology Co Ltd is a China-based company engages in the operation and maintenance of rail transit. Its products include high power locomotive, long rail welding, and maintenance series, power supply system operation, railway intelligent equipment and station scheduling series. It provides overall solutions, core equipment, and integrated services for rail transit operations and maintenance.

Executives

Wang Zhi Quan	Directors, executives
Gao Hui	Supervisors
Wang Li Qun	Executives
Chen Wen He	Securities Affairs Representative
Lai Wei Qiang	Director
Xu Jin	Independent director
Chen Han Lun	Supervisors
Yang Jian	Supervisors

China High-Speed Railway Technology Co (SZSE:000008) Headlines

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