WPG (Shanghai) Smart Water PCL (SHSE:603956) Days Payable : 250.08 (As of Mar. 2024)

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What is WPG (Shanghai) Smart Water PCL Days Payable?

WPG (Shanghai) Smart Water PCL's average Accounts Payable for the three months ended in Mar. 2024 was ¥274 Mil. WPG (Shanghai) Smart Water PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥100 Mil. Hence, WPG (Shanghai) Smart Water PCL's Days Payable for the three months ended in Mar. 2024 was 250.08.

The historical rank and industry rank for WPG (Shanghai) Smart Water PCL's Days Payable or its related term are showing as below:

SHSE:603956' s Days Payable Range Over the Past 10 Years
Min: 53.15 Med: 115.7 Max: 203.93
Current: 134.55

During the past 10 years, WPG (Shanghai) Smart Water PCL's highest Days Payable was 203.93. The lowest was 53.15. And the median was 115.70.

SHSE:603956's Days Payable is ranked better than
73.96% of 2934 companies
in the Industrial Products industry
Industry Median: 76.415 vs SHSE:603956: 134.55

WPG (Shanghai) Smart Water PCL's Days Payable declined from Mar. 2023 (356.10) to Mar. 2024 (250.08). It may suggest that WPG (Shanghai) Smart Water PCL accelerated paying its suppliers.

WPG (Shanghai) Smart Water PCL Days Payable Historical Data

The historical data trend for WPG (Shanghai) Smart Water PCL'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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WPG (Shanghai) Smart Water PCL Days Payable Chart

WPG (Shanghai) Smart Water PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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115.70

178.31

177.20

203.93

150.78

WPG (Shanghai) Smart Water PCL 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															356.10	160.09	161.72	80.50	250.08

Competitive Comparison of WPG (Shanghai) Smart Water PCL's Days Payable

For the Specialty Industrial Machinery subindustry, WPG (Shanghai) Smart Water PCL'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.

WPG (Shanghai) Smart Water PCL's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, WPG (Shanghai) Smart Water PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where WPG (Shanghai) Smart Water PCL's Days Payable falls into.

WPG (Shanghai) Smart Water PCL 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.

WPG (Shanghai) Smart Water PCL'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
=	( (276.448	+	300.147)	/	2 )	/	697.891	*	365
=	288.2975					/	697.891	*	365
=	150.78

WPG (Shanghai) Smart Water PCL'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
=	( (300.147	+	247.819)	/	2 )	/	99.971	*	365 / 4
=	273.983					/	99.971	*	365 / 4
=	250.08

WPG (Shanghai) Smart Water PCL Days Payable Related Terms

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WPG (Shanghai) Smart Water PCL (SHSE:603956) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » WPG (Shanghai) Smart Water PCL (SHSE:603956) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

No. 1 Hengyong Road, Jiading District, Shanghai, CHN, 201806

Website

https://www.shwpg.com

WPG (Shanghai) Smart Water PCL is a smart water solutions provider, is a professional technology service company dedicated to solving various problems arising in water supply for customers. Its core business includes the development, production, sales and service of secondary water supply Zhilian equipment with the concept of industrial Internet, the deployment, commissioning and maintenance of the intelligent water supply management platform system, providing safe, energy-saving and efficient operation for secondary water supply.

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