Wanhua Chemical Group Co (SHSE:600309) Days Payable : 105.18 (As of Mar. 2024)

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What is Wanhua Chemical Group Co Days Payable?

Wanhua Chemical Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥43,827 Mil. Wanhua Chemical Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥38,024 Mil. Hence, Wanhua Chemical Group Co's Days Payable for the three months ended in Mar. 2024 was 105.18.

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

SHSE:600309' s Days Payable Range Over the Past 10 Years
Min: 58.47 Med: 90.62 Max: 137.76
Current: 82.31

During the past 13 years, Wanhua Chemical Group Co's highest Days Payable was 137.76. The lowest was 58.47. And the median was 90.62.

SHSE:600309's Days Payable is ranked better than
66.95% of 1504 companies
in the Chemicals industry
Industry Median: 60.565 vs SHSE:600309: 82.31

Wanhua Chemical Group Co's Days Payable increased from Mar. 2023 (69.21) to Mar. 2024 (105.18). It may suggest that Wanhua Chemical Group Co delayed paying its suppliers.

Wanhua Chemical Group Co Days Payable Historical Data

The historical data trend for Wanhua Chemical Group 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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Wanhua Chemical Group Co Days Payable Chart

Wanhua Chemical Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

93.94

111.38

64.80

58.92

87.29

Wanhua Chemical Group 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															69.21	65.61	64.56	90.72	105.18

Competitive Comparison of Wanhua Chemical Group Co's Days Payable

For the Specialty Chemicals subindustry, Wanhua Chemical Group 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.

Wanhua Chemical Group Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Wanhua Chemical Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wanhua Chemical Group Co's Days Payable falls into.

Wanhua Chemical Group 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.

Wanhua Chemical Group 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
=	( (24205.246	+	45593.738)	/	2 )	/	145926.36	*	365
=	34899.492					/	145926.36	*	365
=	87.29

Wanhua Chemical Group 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
=	( (45593.738	+	42060.586)	/	2 )	/	38023.681	*	365 / 4
=	43827.162					/	38023.681	*	365 / 4
=	105.18

Wanhua Chemical Group Co Days Payable Related Terms

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Wanhua Chemical Group Co (SHSE:600309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Wanhua Chemical Group Co Ltd (SHSE:600309) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 17, Tianshan Road, Development Zone, Shandong, Yantai, CHN, 264002

Website

http://www.ytpu.com

Wanhua Chemical Group Co Ltd is engaged in the research, production and sales of a full range of polyurethane products, petrochemical products, functional materials and specialty chemicals. It is one of the most competitive MDI manufacturers in the world and the largest TDI supplier in Europe.

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