Zhongshan Public Utilities Group Co (SZSE:000685) Days Payable : 328.36 (As of Mar. 2024)

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What is Zhongshan Public Utilities Group Co Days Payable?

Zhongshan Public Utilities Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,415 Mil. Zhongshan Public Utilities Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥671 Mil. Hence, Zhongshan Public Utilities Group Co's Days Payable for the three months ended in Mar. 2024 was 328.36.

The historical rank and industry rank for Zhongshan Public Utilities Group Co's Days Payable or its related term are showing as below:

SZSE:000685' s Days Payable Range Over the Past 10 Years
Min: 52.07 Med: 146.92 Max: 204.26
Current: 155.94

During the past 13 years, Zhongshan Public Utilities Group Co's highest Days Payable was 204.26. The lowest was 52.07. And the median was 146.92.

SZSE:000685's Days Payable is ranked better than
79.27% of 492 companies
in the Utilities - Regulated industry
Industry Median: 65.95 vs SZSE:000685: 155.94

Zhongshan Public Utilities Group Co's Days Payable increased from Mar. 2023 (184.93) to Mar. 2024 (328.36). It may suggest that Zhongshan Public Utilities Group Co delayed paying its suppliers.

Zhongshan Public Utilities Group Co Days Payable Historical Data

The historical data trend for Zhongshan Public Utilities 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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Zhongshan Public Utilities Group Co Days Payable Chart

Zhongshan Public Utilities Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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166.25

204.26

171.55

142.80

177.01

Zhongshan Public Utilities 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															184.93	155.26	137.38	99.08	328.36

Competitive Comparison of Zhongshan Public Utilities Group Co's Days Payable

For the Utilities - Regulated Water subindustry, Zhongshan Public Utilities 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.

Zhongshan Public Utilities Group Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Zhongshan Public Utilities Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhongshan Public Utilities Group Co's Days Payable falls into.

Zhongshan Public Utilities 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.

Zhongshan Public Utilities 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
=	( (1559.562	+	2466.461)	/	2 )	/	4150.924	*	365
=	2013.0115					/	4150.924	*	365
=	177.01

Zhongshan Public Utilities 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
=	( (2466.461	+	2363.797)	/	2 )	/	671.146	*	365 / 4
=	2415.129					/	671.146	*	365 / 4
=	328.36

Zhongshan Public Utilities Group Co Days Payable Related Terms

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Zhongshan Public Utilities Group Co (SZSE:000685) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Zhongshan Public Utilities Group Co Ltd (SZSE:000685) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

18 Xingzhong Road, North Block, Caixing Building, Zhongshan, Guangdong, CHN, 528403

Website

http://www.zpug.net

Zhongshan Public Utilities Group Co Ltd is engaged in providing integrated environmental protection services for urban water supply and wastewater treatment. The company also deals in agricultural products, financial products, transport services, construction of municipal utilities, and solid waste treatment.

Executives

Chen Xiao Hong	Executives
Liu Xue Tao	Directors, executives
Lu Yi Liao	Director
Zhang Lei	Directors, executives
Ceng Zhi Yao	Supervisors

Zhongshan Public Utilities Group Co (SZSE:000685) Headlines

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