Hangzhou Oxygen Plant Group Co (SZSE:002430) Days Payable : 68.52 (As of Mar. 2024)

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What is Hangzhou Oxygen Plant Group Co Days Payable?

Hangzhou Oxygen Plant Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,988 Mil. Hangzhou Oxygen Plant Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,647 Mil. Hence, Hangzhou Oxygen Plant Group Co's Days Payable for the three months ended in Mar. 2024 was 68.52.

The historical rank and industry rank for Hangzhou Oxygen Plant Group Co's Days Payable or its related term are showing as below:

SZSE:002430' s Days Payable Range Over the Past 10 Years
Min: 63.3 Med: 73 Max: 114.51
Current: 69.78

During the past 13 years, Hangzhou Oxygen Plant Group Co's highest Days Payable was 114.51. The lowest was 63.30. And the median was 73.00.

SZSE:002430's Days Payable is ranked worse than
55.53% of 2923 companies
in the Industrial Products industry
Industry Median: 76.74 vs SZSE:002430: 69.78

Hangzhou Oxygen Plant Group Co's Days Payable increased from Mar. 2023 (66.01) to Mar. 2024 (68.52). It may suggest that Hangzhou Oxygen Plant Group Co delayed paying its suppliers.

Hangzhou Oxygen Plant Group Co Days Payable Historical Data

The historical data trend for Hangzhou Oxygen Plant 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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Hangzhou Oxygen Plant Group Co Days Payable Chart

Hangzhou Oxygen Plant Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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71.69

67.19

66.09

63.30

64.87

Hangzhou Oxygen Plant 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															66.01	73.97	73.11	65.61	68.52

Competitive Comparison of Hangzhou Oxygen Plant Group Co's Days Payable

For the Specialty Industrial Machinery subindustry, Hangzhou Oxygen Plant 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.

Hangzhou Oxygen Plant Group Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Oxygen Plant Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hangzhou Oxygen Plant Group Co's Days Payable falls into.

Hangzhou Oxygen Plant 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.

Hangzhou Oxygen Plant 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
=	( (1635.131	+	2011.448)	/	2 )	/	10259.718	*	365
=	1823.2895					/	10259.718	*	365
=	64.87

Hangzhou Oxygen Plant 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
=	( (2011.448	+	1964.374)	/	2 )	/	2647.203	*	365 / 4
=	1987.911					/	2647.203	*	365 / 4
=	68.52

Hangzhou Oxygen Plant Group Co Days Payable Related Terms

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Hangzhou Oxygen Plant Group Co (SZSE:002430) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Oxygen Plant Group Co Ltd (SZSE:002430) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.799 Xiangfu Road, Qingshanhu Street, Lin'an District, Zhejiang Province, Hangzhou, CHN, 310014

Website

http://www.hangyang.com

Hangzhou Oxygen Plant Group Co Ltd is engaged in production and sale of air separation equipment, petrochemical equipment and various gas products. The company designs and manufactures pressure vessels, provides technical consultation, technical service of general machinery and chemical equipment, oxygen production and manufactures and sells industrial and mining accessories.

Executives

Mao Shao Rong	Directors, executives
Zhao Da Wei	Directors, executives
Li Li Feng	Supervisors
Qiu Qiu Rong	Executives
Ge Qian Jin	Executives
Tao Zi Ping	Supervisors
Xu Di	Executives

Hangzhou Oxygen Plant Group Co (SZSE:002430) Headlines

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