Shanghai Wondertek Software (SHSE:603189) Days Payable : 99.40 (As of Mar. 2025)

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What is Shanghai Wondertek Software Days Payable?

Shanghai Wondertek Software's average Accounts Payable for the three months ended in Mar. 2025 was ¥58.5 Mil. Shanghai Wondertek Software's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥53.7 Mil. Hence, Shanghai Wondertek Software's Days Payable for the three months ended in Mar. 2025 was 99.40.

The historical rank and industry rank for Shanghai Wondertek Software's Days Payable or its related term are showing as below:

SHSE:603189' s Days Payable Range Over the Past 10 Years
Min: 31.54 Med: 76.34 Max: 110.04
Current: 105.18

During the past 13 years, Shanghai Wondertek Software's highest Days Payable was 110.04. The lowest was 31.54. And the median was 76.34.

SHSE:603189's Days Payable is ranked better than
69.46% of 2551 companies
in the Software industry
Industry Median: 52.21 vs SHSE:603189: 105.18

Shanghai Wondertek Software's Days Payable declined from Mar. 2024 (106.39) to Mar. 2025 (99.40). It may suggest that Shanghai Wondertek Software accelerated paying its suppliers.

Shanghai Wondertek Software Days Payable Historical Data

The historical data trend for Shanghai Wondertek Software'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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Shanghai Wondertek Software Days Payable Chart

Shanghai Wondertek Software Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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109.38

110.04

107.58

98.20

96.71

Shanghai Wondertek Software Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															106.39	82.06	191.93	106.31	99.40

Competitive Comparison of Shanghai Wondertek Software's Days Payable

For the Software - Application subindustry, Shanghai Wondertek Software'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.

Shanghai Wondertek Software's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai Wondertek Software's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Wondertek Software's Days Payable falls into.

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Shanghai Wondertek Software 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.

Shanghai Wondertek Software's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (65.554	+	65.09)	/	2 )	/	246.541	*	365
=	65.322					/	246.541	*	365
=	96.71

Shanghai Wondertek Software's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (65.09	+	51.84)	/	2 )	/	53.671	*	365 / 4
=	58.465					/	53.671	*	365 / 4
=	99.40

Shanghai Wondertek Software Days Payable Related Terms

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Shanghai Wondertek Software Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shanghai Wondertek Software Corp Ltd (SHSE:603189) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 409, Chuanqiao Road, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201206

Website

https://www.wondertek.com.cn

Shanghai Wondertek Software Corp Ltd engages in the software research and services. Its business is categorized in multimedia software and mobile internet services, and business intelligence software applications and services. Its products include wonder runtime platform, operating a management system, media assets management, streaming transcoding process, and data marketing analysis.

Executives

Feng Da

Director

Shanghai Wondertek Software Headlines

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