Wanma Technology Co (SZSE:300698) Days Payable : 281.78 (As of Mar. 2024)

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What is Wanma Technology Co Days Payable?

Wanma Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥170.8 Mil. Wanma Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥55.3 Mil. Hence, Wanma Technology Co's Days Payable for the three months ended in Mar. 2024 was 281.78.

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

SZSE:300698' s Days Payable Range Over the Past 10 Years
Min: 148.53 Med: 212.76 Max: 273.18
Current: 232.69

During the past 11 years, Wanma Technology Co's highest Days Payable was 273.18. The lowest was 148.53. And the median was 212.76.

SZSE:300698's Days Payable is ranked better than
92.53% of 2422 companies
in the Hardware industry
Industry Median: 68.065 vs SZSE:300698: 232.69

Wanma Technology Co's Days Payable declined from Mar. 2023 (355.11) to Mar. 2024 (281.78). It may suggest that Wanma Technology Co accelerated paying its suppliers.

Wanma Technology Co Days Payable Historical Data

The historical data trend for Wanma 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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Wanma Technology Co Days Payable Chart

Wanma Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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150.20

148.53

206.55

253.74

239.78

Wanma 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															355.11	245.26	253.33	189.01	281.78

Competitive Comparison of Wanma Technology Co's Days Payable

For the Communication Equipment subindustry, Wanma 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.

Wanma Technology Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wanma Technology Co's Days Payable distribution charts can be found below:

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

Wanma 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.

Wanma 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
=	( (221.173	+	190.874)	/	2 )	/	313.611	*	365
=	206.0235					/	313.611	*	365
=	239.78

Wanma 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
=	( (190.874	+	150.763)	/	2 )	/	55.316	*	365 / 4
=	170.8185					/	55.316	*	365 / 4
=	281.78

Wanma Technology Co Days Payable Related Terms

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Wanma Technology Co (SZSE:300698) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wanma Technology Co Ltd (SZSE:300698) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Wanma Industrial Area, Taihuyuan Town, Lin'an District, Zhejiang Province, Hangzhou, CHN, 311306

Website

http://www.wanma-tech.cn

Wanma Technology Co Ltd is the communications equipment manufacturing company. The principal business activities of the company include development, production, system integration and sales of communication and information equipment. Its products include communications network wiring and information cabinet products and medical information products. Its cabinet products are widely used in communication networks, cloud platform IDC equipment rooms, railway communication networks and urban rail transit communication networks. Its medical information products are mainly used in domestic hospitals.

Executives

Ma Ya Jun	Executives
Xu Ya Guo	Executives
Jiang Yan Jun	Supervisors
Wu Xi Qun	Executives
Yang Yi Qian	Directors, executives
Sheng Tao	Director
Weng Lin Wei	Executives
Shao Guo Jiang	Supervisors

Wanma Technology Co (SZSE:300698) Headlines

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