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Yunnan Energy New Material Co (SZSE:002812) Days Payable : 113.70 (As of Mar. 2024)


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What is Yunnan Energy New Material Co Days Payable?

Yunnan Energy New Material Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,353 Mil. Yunnan Energy New Material Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,888 Mil. Hence, Yunnan Energy New Material Co's Days Payable for the three months ended in Mar. 2024 was 113.70.

The historical rank and industry rank for Yunnan Energy New Material Co's Days Payable or its related term are showing as below:

SZSE:002812' s Days Payable Range Over the Past 10 Years
Min: 70.44   Med: 113.44   Max: 153.89
Current: 103.44

During the past 13 years, Yunnan Energy New Material Co's highest Days Payable was 153.89. The lowest was 70.44. And the median was 113.44.

SZSE:002812's Days Payable is ranked better than
81.84% of 369 companies
in the Packaging & Containers industry
Industry Median: 57.64 vs SZSE:002812: 103.44

Yunnan Energy New Material Co's Days Payable declined from Mar. 2023 (131.14) to Mar. 2024 (113.70). It may suggest that Yunnan Energy New Material Co accelerated paying its suppliers.


Yunnan Energy New Material Co Days Payable Historical Data

The historical data trend for Yunnan Energy New Material 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.

Yunnan Energy New Material Co Days Payable Chart

Yunnan Energy New Material 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 148.97 153.89 105.09 96.36 114.83

Yunnan Energy New Material 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 131.14 99.79 100.66 113.40 113.70

Competitive Comparison of Yunnan Energy New Material Co's Days Payable

For the Packaging & Containers subindustry, Yunnan Energy New Material 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.


Yunnan Energy New Material Co's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Yunnan Energy New Material Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Yunnan Energy New Material Co's Days Payable falls into.



Yunnan Energy New Material 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.

Yunnan Energy New Material 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
=( (2329.903 + 2411.243) / 2 ) / 7535.224*365
=2370.573 / 7535.224*365
=114.83

Yunnan Energy New Material 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
=( (2411.243 + 2294.789) / 2 ) / 1888.346*365 / 4
=2353.016 / 1888.346*365 / 4
=113.70

* 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.


Yunnan Energy New Material Co Days Payable Related Terms

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Yunnan Energy New Material Co (SZSE:002812) Business Description

Traded in Other Exchanges
N/A
Address
No. 125 Fu Xian Road, High-tech Zone, Yunnan, Yuxi, CHN, 653100
Yunnan Energy New Material Co Ltd is engaged in providing packaging and printing products. It also provides services including packaging printing, plastic packaging, and paper packaging. The company has two reporting segments: The lithium battery separator film business segment and the BOPP film business segment.

Yunnan Energy New Material Co (SZSE:002812) Headlines

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