EIT Environmental Development Group Co (SZSE:300815) Days Payable : 55.53 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is EIT Environmental Development Group Co Days Payable?

EIT Environmental Development Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥794 Mil. EIT Environmental Development Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,305 Mil. Hence, EIT Environmental Development Group Co's Days Payable for the three months ended in Mar. 2024 was 55.53.

The historical rank and industry rank for EIT Environmental Development Group Co's Days Payable or its related term are showing as below:

SZSE:300815' s Days Payable Range Over the Past 10 Years
Min: 20.23 Med: 34.16 Max: 53
Current: 48.32

During the past 9 years, EIT Environmental Development Group Co's highest Days Payable was 53.00. The lowest was 20.23. And the median was 34.16.

SZSE:300815's Days Payable is ranked worse than
63.39% of 224 companies
in the Waste Management industry
Industry Median: 71.425 vs SZSE:300815: 48.32

EIT Environmental Development Group Co's Days Payable increased from Mar. 2023 (46.28) to Mar. 2024 (55.53). It may suggest that EIT Environmental Development Group Co delayed paying its suppliers.

EIT Environmental Development Group Co Days Payable Historical Data

The historical data trend for EIT Environmental Development 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.

* Premium members only.

EIT Environmental Development Group Co Days Payable Chart

EIT Environmental Development Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

31.13

37.18

39.82

44.38

53.00

EIT Environmental Development 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															46.28	43.35	45.35	48.48	55.53

Competitive Comparison of EIT Environmental Development Group Co's Days Payable

For the Waste Management subindustry, EIT Environmental Development 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.

EIT Environmental Development Group Co's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, EIT Environmental Development Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where EIT Environmental Development Group Co's Days Payable falls into.

EIT Environmental Development 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.

EIT Environmental Development 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
=	( (572.704	+	809.914)	/	2 )	/	4760.704	*	365
=	691.309					/	4760.704	*	365
=	53.00

EIT Environmental Development 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
=	( (809.914	+	778.596)	/	2 )	/	1305.211	*	365 / 4
=	794.255					/	1305.211	*	365 / 4
=	55.53

EIT Environmental Development Group Co Days Payable Related Terms

Thank you for viewing the detailed overview of EIT Environmental Development Group Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

EIT Environmental Development Group Co (SZSE:300815) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » EIT Environmental Development Group Co Ltd (SZSE:300815) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tianxin Avenue, Building 5, E-commerce Industrial Park, Zhumeng Town, Yuexi County, Anhui Province, Anqing, CHN, 246600

Website

http://www.eit-sz.com

EIT Environmental Development Group Co Ltd is engaged in provision of sanitation management services such as property cleaning and municipal sanitation. The company's services include building cleaning services; road cleaning and cleaning; garbage removal and transportation; environmental protection engineering; biodiesel processing and manufacturing; garbage classification project operation management, design and technical development of garbage transfer stations; construction and operation management of environmental protection industries such as RDF technology, anaerobic biogas production technology incineration; domestic waste classification and recycling, kitchen waste recycling and processing, and related environmental protection equipment manufacturing.

Executives

Wang Dong Yan	Director
Zhou Ming	Director
Zhou Cong	Director
Chen Qiang	Supervisors

EIT Environmental Development Group Co (SZSE:300815) Headlines

No Headlines