Inner Mongolia Dian Tou Energy (SZSE:002128) Days Payable : 68.23 (As of Mar. 2024)

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What is Inner Mongolia Dian Tou Energy Days Payable?

Inner Mongolia Dian Tou Energy's average Accounts Payable for the three months ended in Mar. 2024 was ¥3,055 Mil. Inner Mongolia Dian Tou Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥4,085 Mil. Hence, Inner Mongolia Dian Tou Energy's Days Payable for the three months ended in Mar. 2024 was 68.23.

The historical rank and industry rank for Inner Mongolia Dian Tou Energy's Days Payable or its related term are showing as below:

SZSE:002128' s Days Payable Range Over the Past 10 Years
Min: 37.3 Med: 56.24 Max: 117.46
Current: 63

During the past 13 years, Inner Mongolia Dian Tou Energy's highest Days Payable was 117.46. The lowest was 37.30. And the median was 56.24.

SZSE:002128's Days Payable is ranked worse than
52.38% of 126 companies
in the Other Energy Sources industry
Industry Median: 64.77 vs SZSE:002128: 63.00

Inner Mongolia Dian Tou Energy's Days Payable increased from Mar. 2023 (60.72) to Mar. 2024 (68.23). It may suggest that Inner Mongolia Dian Tou Energy delayed paying its suppliers.

Inner Mongolia Dian Tou Energy Days Payable Historical Data

The historical data trend for Inner Mongolia Dian Tou Energy'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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Inner Mongolia Dian Tou Energy Days Payable Chart

Inner Mongolia Dian Tou Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.57

55.52

44.54

45.54

56.96

Inner Mongolia Dian Tou Energy 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															60.72	63.41	69.20	56.48	68.23

Competitive Comparison of Inner Mongolia Dian Tou Energy's Days Payable

For the Thermal Coal subindustry, Inner Mongolia Dian Tou Energy'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.

Inner Mongolia Dian Tou Energy's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Inner Mongolia Dian Tou Energy's Days Payable distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Dian Tou Energy's Days Payable falls into.

Inner Mongolia Dian Tou Energy 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.

Inner Mongolia Dian Tou Energy'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
=	( (2775.635	+	2938.521)	/	2 )	/	18307.147	*	365
=	2857.078					/	18307.147	*	365
=	56.96

Inner Mongolia Dian Tou Energy'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
=	( (2938.521	+	3170.698)	/	2 )	/	4085.446	*	365 / 4
=	3054.6095					/	4085.446	*	365 / 4
=	68.23

Inner Mongolia Dian Tou Energy Days Payable Related Terms

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Inner Mongolia Dian Tou Energy (SZSE:002128) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Inner Mongolia Dian Tou Energy Corp Ltd (SZSE:002128) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Zhelimu Avenue, Huolinguole, Inner Mongolia, CHN, 029200

Website

http://www.zdhm.com.cn

Huolinhe Opencut Coal Industry Corp Ltd Of Inner Mongolia operates in the coal industry. The company's main business is the production and sales of coal products; thermal power generation, coal mining and power generation.

Inner Mongolia Dian Tou Energy (SZSE:002128) Headlines

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