Weaver Network Technology Co (SHSE:603039) Days Payable : 706.32 (As of Dec. 2023)

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What is Weaver Network Technology Co Days Payable?

Weaver Network Technology Co's average Accounts Payable for the three months ended in Dec. 2023 was ¥457 Mil. Weaver Network Technology Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥59 Mil. Hence, Weaver Network Technology Co's Days Payable for the three months ended in Dec. 2023 was 706.32.

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

SHSE:603039' s Days Payable Range Over the Past 10 Years
Min: 902.11 Med: 1273.76 Max: 1558.44
Current: 1054.13

During the past 13 years, Weaver Network Technology Co's highest Days Payable was 1558.44. The lowest was 902.11. And the median was 1273.76.

SHSE:603039's Days Payable is ranked better than
95.96% of 2522 companies
in the Software industry
Industry Median: 51.485 vs SHSE:603039: 1054.13

Weaver Network Technology Co's Days Payable declined from Dec. 2022 (767.71) to Dec. 2023 (706.32). It may suggest that Weaver Network Technology Co accelerated paying its suppliers.

Weaver Network Technology Co Days Payable Historical Data

The historical data trend for Weaver Network 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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Weaver Network Technology Co Days Payable Chart

Weaver Network Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,558.44

1,465.33

1,548.03

1,095.71

1,310.01

Weaver Network Technology Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															767.71	1,906.38	851.34	1,132.68	706.32

Competitive Comparison of Weaver Network Technology Co's Days Payable

For the Software - Application subindustry, Weaver Network 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.

Weaver Network Technology Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Weaver Network Technology Co's Days Payable distribution charts can be found below:

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

Weaver Network 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.

Weaver Network 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
=	( (489.101	+	552.658)	/	2 )	/	145.129	*	365
=	520.8795					/	145.129	*	365
=	1,310.01

Weaver Network Technology Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (360.862	+	552.658)	/	2 )	/	59.009	*	365 / 4
=	456.76					/	59.009	*	365 / 4
=	706.32

Weaver Network Technology Co Days Payable Related Terms

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Weaver Network Technology Co (SHSE:603039) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Weaver Network Technology Co Ltd (SHSE:603039) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

No. 3419 Sanlu Highway, Fanwei Software Park, Minhang, Shanghai, CHN, 201112

Website

https://www.weaver.com.cn

Weaver Network Technology Co Ltd is a China based company engaged in developing collaborative management software. The product system provided by the company includes cloud office platform, mobile platform e-mobile, collaborative management application platform, and collaborative office standard edition, among others. It also offers information portal solution, cost control management solution, group management solution, target performance management solution.

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