Liao Ning Oxiranchem (SZSE:300082) Days Payable : 8.93 (As of Jun. 2024)

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What is Liao Ning Oxiranchem Days Payable?

Liao Ning Oxiranchem's average Accounts Payable for the three months ended in Jun. 2024 was ¥103 Mil. Liao Ning Oxiranchem's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥1,057 Mil. Hence, Liao Ning Oxiranchem's Days Payable for the three months ended in Jun. 2024 was 8.93.

The historical rank and industry rank for Liao Ning Oxiranchem's Days Payable or its related term are showing as below:

SZSE:300082' s Days Payable Range Over the Past 10 Years
Min: 21.85 Med: 51.08 Max: 96.69
Current: 21.85

During the past 13 years, Liao Ning Oxiranchem's highest Days Payable was 96.69. The lowest was 21.85. And the median was 51.08.

SZSE:300082's Days Payable is ranked worse than
88.52% of 1507 companies
in the Chemicals industry
Industry Median: 60.12 vs SZSE:300082: 21.85

Liao Ning Oxiranchem's Days Payable declined from Jun. 2023 (24.08) to Jun. 2024 (8.93). It may suggest that Liao Ning Oxiranchem accelerated paying its suppliers.

Liao Ning Oxiranchem Days Payable Historical Data

The historical data trend for Liao Ning Oxiranchem'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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Liao Ning Oxiranchem Days Payable Chart

Liao Ning Oxiranchem Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

45.75

44.51

33.10

28.45

28.19

Liao Ning Oxiranchem Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															24.08	29.39	27.99	21.79	8.93

Competitive Comparison of Liao Ning Oxiranchem's Days Payable

For the Specialty Chemicals subindustry, Liao Ning Oxiranchem'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.

Liao Ning Oxiranchem's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Liao Ning Oxiranchem's Days Payable distribution charts can be found below:

* The bar in red indicates where Liao Ning Oxiranchem's Days Payable falls into.

Liao Ning Oxiranchem 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.

Liao Ning Oxiranchem'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
=	( (323.435	+	271.186)	/	2 )	/	3850.151	*	365
=	297.3105					/	3850.151	*	365
=	28.19

Liao Ning Oxiranchem's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (94.329	+	112.572)	/	2 )	/	1057.419	*	365 / 4
=	103.4505					/	1057.419	*	365 / 4
=	8.93

Liao Ning Oxiranchem Days Payable Related Terms

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Liao Ning Oxiranchem Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Liao Ning Oxiranchem Inc (SZSE:300082) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eastern ring road on the 29th, Hongwei District, Liaoning Province, Liaoyang, CHN, 111003

Website

http://www.oxiranchem.com

Liao Ning Oxiranchem Inc is a high-tech industrial company. It is engaged in the research, production, and sale of ethylene oxide derivative fine chemicals. Its products include crystalline silicon cutting liquid for the photovoltaic industry, water reducing agent for high-performance cement, and polyethylene glycol.

Executives

Xu Xiu Yun	Executives
Zhu Zong Jiang	Executives
Wang Shu Bo	Executives
Huang Jian Jun	Directors, executives
Song En Jun	Director
Zhang Wei Min	Securities Affairs Representative
Liu Zhao Bin	Director
Dong Zhen Peng	Directors, executives
Zhu Jian Min	Director
Jin Lian Hai	Supervisors
Tan Wen Hua	Supervisors

Liao Ning Oxiranchem Headlines

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