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Shenyang Huitian Thermal Power Co (SZSE:000692) Days Payable : 99.01 (As of Mar. 2024)


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What is Shenyang Huitian Thermal Power Co Days Payable?

Shenyang Huitian Thermal Power Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,379 Mil. Shenyang Huitian Thermal Power Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,271 Mil. Hence, Shenyang Huitian Thermal Power Co's Days Payable for the three months ended in Mar. 2024 was 99.01.

The historical rank and industry rank for Shenyang Huitian Thermal Power Co's Days Payable or its related term are showing as below:

SZSE:000692' s Days Payable Range Over the Past 10 Years
Min: 123.27   Med: 148.03   Max: 241.6
Current: 241.6

During the past 13 years, Shenyang Huitian Thermal Power Co's highest Days Payable was 241.60. The lowest was 123.27. And the median was 148.03.

SZSE:000692's Days Payable is ranked better than
86.64% of 494 companies
in the Utilities - Regulated industry
Industry Median: 66.43 vs SZSE:000692: 241.60

Shenyang Huitian Thermal Power Co's Days Payable declined from Mar. 2023 (114.19) to Mar. 2024 (99.01). It may suggest that Shenyang Huitian Thermal Power Co accelerated paying its suppliers.


Shenyang Huitian Thermal Power Co Days Payable Historical Data

The historical data trend for Shenyang Huitian Thermal Power 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.

Shenyang Huitian Thermal Power Co Days Payable Chart

Shenyang Huitian Thermal Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 145.93 123.27 152.36 153.90 197.12

Shenyang Huitian Thermal Power 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 114.19 1,782.25 1,839.47 139.55 99.01

Competitive Comparison of Shenyang Huitian Thermal Power Co's Days Payable

For the Utilities - Diversified subindustry, Shenyang Huitian Thermal Power 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.


Shenyang Huitian Thermal Power Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shenyang Huitian Thermal Power Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenyang Huitian Thermal Power Co's Days Payable falls into.



Shenyang Huitian Thermal Power 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.

Shenyang Huitian Thermal Power 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
=( (1317.5 + 1327.108) / 2 ) / 2448.474*365
=1322.304 / 2448.474*365
=197.12

Shenyang Huitian Thermal Power 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
=( (1327.108 + 1431.326) / 2 ) / 1271.179*365 / 4
=1379.217 / 1271.179*365 / 4
=99.01

* 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.


Shenyang Huitian Thermal Power Co Days Payable Related Terms

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Shenyang Huitian Thermal Power Co (SZSE:000692) Business Description

Traded in Other Exchanges
N/A
Address
47 Hot Road, Shenhe District, Shenyang, CHN, 110014
Shenyang Huitian Thermal Power Co Ltd operates as central heating company in China. It is also involved in the installation of equipment, construction of industrial pipelines, and civil engineering activities. In addition, the company manufactures and installs non-standard structural parts; sells ammonium sulfate; and retails plumbing materials.
Executives
Gao Jian Supervisors
Li Kuo Supervisors
Li Bing Supervisors
Yang Wen Gang Executives
Fu Jiang Executives
Hou Xiu Hong Supervisors
Zhang Chao Ying Executives
Liu Li Supervisors
Yu Jing Supervisors
Wang Dong Sheng Director
Sun Jie Director

Shenyang Huitian Thermal Power Co (SZSE:000692) Headlines

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