CECEP Techand Ecology & Environment Co (SZSE:300197) Days Payable : 1,596.00 (As of Mar. 2024)

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What is CECEP Techand Ecology & Environment Co Days Payable?

CECEP Techand Ecology & Environment Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥5,149 Mil. CECEP Techand Ecology & Environment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥294 Mil. Hence, CECEP Techand Ecology & Environment Co's Days Payable for the three months ended in Mar. 2024 was 1,596.00.

The historical rank and industry rank for CECEP Techand Ecology & Environment Co's Days Payable or its related term are showing as below:

SZSE:300197' s Days Payable Range Over the Past 10 Years
Min: 117.83 Med: 400.07 Max: 1127.88
Current: 1127.88

During the past 13 years, CECEP Techand Ecology & Environment Co's highest Days Payable was 1127.88. The lowest was 117.83. And the median was 400.07.

SZSE:300197's Days Payable is ranked better than
97.63% of 1605 companies
in the Construction industry
Industry Median: 74.58 vs SZSE:300197: 1127.88

CECEP Techand Ecology & Environment Co's Days Payable increased from Mar. 2023 (1,184.47) to Mar. 2024 (1,596.00). It may suggest that CECEP Techand Ecology & Environment Co delayed paying its suppliers.

CECEP Techand Ecology & Environment Co Days Payable Historical Data

The historical data trend for CECEP Techand Ecology & Environment 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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CECEP Techand Ecology & Environment Co Days Payable Chart

CECEP Techand Ecology & Environment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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517.69

690.87

910.87

757.67

1,084.15

CECEP Techand Ecology & Environment 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															1,184.47	731.70	1,656.55	1,090.83	1,596.00

Competitive Comparison of CECEP Techand Ecology & Environment Co's Days Payable

For the Engineering & Construction subindustry, CECEP Techand Ecology & Environment 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.

CECEP Techand Ecology & Environment Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, CECEP Techand Ecology & Environment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where CECEP Techand Ecology & Environment Co's Days Payable falls into.

CECEP Techand Ecology & Environment 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.

CECEP Techand Ecology & Environment 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
=	( (5578.251	+	5309.993)	/	2 )	/	1832.873	*	365
=	5444.122					/	1832.873	*	365
=	1,084.15

CECEP Techand Ecology & Environment 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
=	( (5309.993	+	4988.419)	/	2 )	/	294.401	*	365 / 4
=	5149.206					/	294.401	*	365 / 4
=	1,596.00

CECEP Techand Ecology & Environment Co Days Payable Related Terms

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CECEP Techand Ecology & Environment Co (SZSE:300197) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CECEP Techand Ecology & Environment Co Ltd (SZSE:300197) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 2018 Xuegang Road, Bantian Street, Unit 2002, 20th Floor, Block B, Phase 1, Tianan Yungu Industrial Park, Longgang District, Guangdong Province, Shenzhen, CHN, 518040

Website

http://www.sztechand.com

CECEP Techand Ecology & Environment Co Ltd is engaged in the provision of ecological landscape design, eco-environment protection, ecological ecotourism, ecological e-commerce and life & health. The services and solutions are offered in the fields of water ecological restoration, contaminated soil remediation, mining restoration, slope restoration, environmental protection, and energy conservation as well as resource recycling. Further, it is also involved in the design, reconstruction, development, and operation of ecological tourism resources. Geographically the activities are carried out through China.

CECEP Techand Ecology & Environment Co (SZSE:300197) Headlines

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