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Huludao Zinc Industry Co (SZSE:000751) Days Payable : 50.44 (As of Mar. 2024)


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What is Huludao Zinc Industry Co Days Payable?

Huludao Zinc Industry Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,760 Mil. Huludao Zinc Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,185 Mil. Hence, Huludao Zinc Industry Co's Days Payable for the three months ended in Mar. 2024 was 50.44.

The historical rank and industry rank for Huludao Zinc Industry Co's Days Payable or its related term are showing as below:

SZSE:000751' s Days Payable Range Over the Past 10 Years
Min: 15.36   Med: 27.81   Max: 45.65
Current: 41.62

During the past 13 years, Huludao Zinc Industry Co's highest Days Payable was 45.65. The lowest was 15.36. And the median was 27.81.

SZSE:000751's Days Payable is ranked worse than
79.49% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.005 vs SZSE:000751: 41.62

Huludao Zinc Industry Co's Days Payable increased from Mar. 2023 (28.93) to Mar. 2024 (50.44). It may suggest that Huludao Zinc Industry Co delayed paying its suppliers.


Huludao Zinc Industry Co Days Payable Historical Data

The historical data trend for Huludao Zinc Industry 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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Huludao Zinc Industry Co Days Payable Chart

Huludao Zinc Industry 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 37.65 45.65 24.00 28.28 36.68

Huludao Zinc Industry 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 28.93 36.60 27.46 66.13 50.44

Competitive Comparison of Huludao Zinc Industry Co's Days Payable

For the Other Industrial Metals & Mining subindustry, Huludao Zinc Industry 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.


Huludao Zinc Industry Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Huludao Zinc Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Huludao Zinc Industry Co's Days Payable falls into.



Huludao Zinc Industry 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.

Huludao Zinc Industry 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
=( (1363.552 + 1657.52) / 2 ) / 15029.933*365
=1510.536 / 15029.933*365
=36.68

Huludao Zinc Industry 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
=( (1657.52 + 1863.25) / 2 ) / 3184.872*365 / 4
=1760.385 / 3184.872*365 / 4
=50.44

* 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.


Huludao Zinc Industry Co Days Payable Related Terms

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Huludao Zinc Industry Co (SZSE:000751) Business Description

Traded in Other Exchanges
N/A
Address
No. 24, Zinc Factory Road, Longgang District, Liaoning Province, Huludao, CHN, 125003
Huludao Zinc Industry Co Ltd is a non-ferrous metal smelting enterprise in Northeast China and North China. The company's main business is zinc, copper and lead smelting and deep processing of products, processing of cadmium, indium, sulfuric acid and copper sulfate comprehensive utilization products. These products are widely used in metallurgy, machinery, electronics, medicine, chemical, military and other industries, exported to more than 20 countries and regions.
Executives
Zhang Xian Dong Supervisors
Guo Zong Chang Independent director
Shi Yan Liang Supervisors
Bai Jin Zhu Supervisors
Wang Feng Hua Executives
Sun Bo Supervisors
Wang Wen Li Executives
Wang Zheng Qiang Director
Jin Tie Shan Director
Ren Shu Wei Executives
Liu Jing Min Supervisors, within half a year of separation
Gao Liang Bin Director

Huludao Zinc Industry Co (SZSE:000751) Headlines

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