Ningbo Bohui Chemical Technology Co (SZSE:300839) Days Payable : 24.82 (As of Mar. 2024)

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

What is Ningbo Bohui Chemical Technology Co Days Payable?

Ningbo Bohui Chemical Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥214 Mil. Ningbo Bohui Chemical Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥785 Mil. Hence, Ningbo Bohui Chemical Technology Co's Days Payable for the three months ended in Mar. 2024 was 24.82.

The historical rank and industry rank for Ningbo Bohui Chemical Technology Co's Days Payable or its related term are showing as below:

SZSE:300839' s Days Payable Range Over the Past 10 Years
Min: 4.48 Med: 16.93 Max: 51.04
Current: 22.41

During the past 12 years, Ningbo Bohui Chemical Technology Co's highest Days Payable was 51.04. The lowest was 4.48. And the median was 16.93.

SZSE:300839's Days Payable is ranked worse than
84.24% of 901 companies
in the Oil & Gas industry
Industry Median: 61.11 vs SZSE:300839: 22.41

Ningbo Bohui Chemical Technology Co's Days Payable declined from Mar. 2023 (27.04) to Mar. 2024 (24.82). It may suggest that Ningbo Bohui Chemical Technology Co accelerated paying its suppliers.

Ningbo Bohui Chemical Technology Co Days Payable Historical Data

The historical data trend for Ningbo Bohui Chemical Technology 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.

Ningbo Bohui Chemical Technology Co Days Payable Chart

Ningbo Bohui Chemical Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

43.33

51.04

18.65

11.35

16.93

Ningbo Bohui Chemical Technology 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															27.04	25.33	23.94	16.44	24.82

Competitive Comparison of Ningbo Bohui Chemical Technology Co's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Ningbo Bohui Chemical Technology 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.

Ningbo Bohui Chemical Technology Co's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ningbo Bohui Chemical Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ningbo Bohui Chemical Technology Co's Days Payable falls into.

Ningbo Bohui Chemical Technology 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.

Ningbo Bohui Chemical Technology 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
=	( (94.081	+	140.853)	/	2 )	/	2533.207	*	365
=	117.467					/	2533.207	*	365
=	16.93

Ningbo Bohui Chemical Technology 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
=	( (140.853	+	286.17)	/	2 )	/	785.094	*	365 / 4
=	213.5115					/	785.094	*	365 / 4
=	24.82

Ningbo Bohui Chemical Technology Co Days Payable Related Terms

Thank you for viewing the detailed overview of Ningbo Bohui Chemical Technology Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Ningbo Bohui Chemical Technology Co (SZSE:300839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ningbo Bohui Chemical Technology Co Ltd (SZSE:300839) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.199 Taixing Road, Petrochemical Economic and Technological Development Zone, Zhejiang Province, Ningbo, CHN, 315207

Website

http://www.bhpcc.com

Ningbo Bohui Chemical Technology Co Ltd is engaged in research, development, production and sales of heavy aromatic hydrocarbon series products and light fuel oil. The company uses extraction technology and uses fuel oil as a raw material for deep processing, extending the industrial chain, increasing the added value of fuel oil, and turning it into waste. It produces and sells aromatic hydrocarbon series products such as rubber additives, plastic additives, asphalt additives, lubricant additives, and light fuel oil. Its application scope of products mainly covers the fields of rubber processing, asphalt processing and lubricating oil processing.

Executives

You Dan Hong	Directors, Directors, and Executives
Xiang Mei Jiao	Directors, executives
Wang Lv	Directors, executives

Ningbo Bohui Chemical Technology Co (SZSE:300839) Headlines

No Headlines