Anhui Chaoyue Environmental Protection Technology Co (SZSE:301049) Days Payable : 232.14 (As of Mar. 2024)

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What is Anhui Chaoyue Environmental Protection Technology Co Days Payable?

Anhui Chaoyue Environmental Protection Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥126.0 Mil. Anhui Chaoyue Environmental Protection Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥49.5 Mil. Hence, Anhui Chaoyue Environmental Protection Technology Co's Days Payable for the three months ended in Mar. 2024 was 232.14.

The historical rank and industry rank for Anhui Chaoyue Environmental Protection Technology Co's Days Payable or its related term are showing as below:

SZSE:301049' s Days Payable Range Over the Past 10 Years
Min: 87.84 Med: 159.89 Max: 212.23
Current: 139.84

During the past 7 years, Anhui Chaoyue Environmental Protection Technology Co's highest Days Payable was 212.23. The lowest was 87.84. And the median was 159.89.

SZSE:301049's Days Payable is ranked better than
67.26% of 226 companies
in the Waste Management industry
Industry Median: 72.98 vs SZSE:301049: 139.84

Anhui Chaoyue Environmental Protection Technology Co's Days Payable declined from Mar. 2023 (240.89) to Mar. 2024 (232.14). It may suggest that Anhui Chaoyue Environmental Protection Technology Co accelerated paying its suppliers.

Anhui Chaoyue Environmental Protection Technology Co Days Payable Historical Data

The historical data trend for Anhui Chaoyue Environmental Protection 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.

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Anhui Chaoyue Environmental Protection Technology Co Days Payable Chart

Anhui Chaoyue Environmental Protection Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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125.81

176.18

212.23

189.01

159.89

Anhui Chaoyue Environmental Protection Technology Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															240.89	156.84	98.29	110.26	232.14

Competitive Comparison of Anhui Chaoyue Environmental Protection Technology Co's Days Payable

For the Waste Management subindustry, Anhui Chaoyue Environmental Protection 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.

Anhui Chaoyue Environmental Protection Technology Co's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Anhui Chaoyue Environmental Protection Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anhui Chaoyue Environmental Protection Technology Co's Days Payable falls into.

Anhui Chaoyue Environmental Protection 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.

Anhui Chaoyue Environmental Protection 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
=	( (126	+	131.055)	/	2 )	/	293.413	*	365
=	128.5275					/	293.413	*	365
=	159.89

Anhui Chaoyue Environmental Protection 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
=	( (131.055	+	120.987)	/	2 )	/	49.537	*	365 / 4
=	126.021					/	49.537	*	365 / 4
=	232.14

Anhui Chaoyue Environmental Protection Technology Co Days Payable Related Terms

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Anhui Chaoyue Environmental Protection Technology Co (SZSE:301049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Anhui Chaoyue Environmental Protection Technology Co (SZSE:301049) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Youfang Village, Shahe Town, Nanqiao District, Anhui Province, Chuzhou, CHN, 239060

Website

http://www.ah-cy.cn

Anhui Chaoyue Environmental Technology Co Ltd is a environmental protection enterprise specializing in the professional disposal of industrial hazardous waste, medical waste, dismantling of waste electrical and electronic products, comprehensive utilization of resources, and research and development of energy-saving and environmental protection technologies.

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