Winnovation Culturaltainment Development (SZSE:000620) Days Payable : 574.30 (As of Mar. 2025)

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What is Winnovation Culturaltainment Development Days Payable?

Winnovation Culturaltainment Development's average Accounts Payable for the three months ended in Mar. 2025 was ¥1,826 Mil. Winnovation Culturaltainment Development's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥290 Mil. Hence, Winnovation Culturaltainment Development's Days Payable for the three months ended in Mar. 2025 was 574.30.

The historical rank and industry rank for Winnovation Culturaltainment Development's Days Payable or its related term are showing as below:

SZSE:000620' s Days Payable Range Over the Past 10 Years
Min: 250.46 Med: 355.83 Max: 587.87
Current: 352.41

During the past 13 years, Winnovation Culturaltainment Development's highest Days Payable was 587.87. The lowest was 250.46. And the median was 355.83.

SZSE:000620's Days Payable is ranked better than
95.2% of 521 companies
in the Conglomerates industry
Industry Median: 59.04 vs SZSE:000620: 352.41

Winnovation Culturaltainment Development's Days Payable increased from Mar. 2024 (316.73) to Mar. 2025 (574.30). It may suggest that Winnovation Culturaltainment Development delayed paying its suppliers.

Winnovation Culturaltainment Development Days Payable Historical Data

The historical data trend for Winnovation Culturaltainment Development'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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Winnovation Culturaltainment Development Days Payable Chart

Winnovation Culturaltainment Development Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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512.42

369.44

587.87

445.38

321.77

Winnovation Culturaltainment Development 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															316.73	305.19	320.03	316.26	574.30

Competitive Comparison of Winnovation Culturaltainment Development's Days Payable

For the Conglomerates subindustry, Winnovation Culturaltainment Development'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.

Winnovation Culturaltainment Development's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Winnovation Culturaltainment Development's Days Payable distribution charts can be found below:

* The bar in red indicates where Winnovation Culturaltainment Development's Days Payable falls into.

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Winnovation Culturaltainment Development 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.

Winnovation Culturaltainment Development'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
=	( (2136.717	+	1866.261)	/	2 )	/	2270.425	*	365
=	2001.489					/	2270.425	*	365
=	321.77

Winnovation Culturaltainment Development'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
=	( (1866.261	+	1785.893)	/	2 )	/	290.146	*	365 / 4
=	1826.077					/	290.146	*	365 / 4
=	574.30

Winnovation Culturaltainment Development Days Payable Related Terms

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Winnovation Culturaltainment Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Winnovation Culturaltainment Development Ltd (SZSE:000620) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Government Street, Macrolink Headquarters Plaza, Taihu Town, Tongzhou District, Beijing, CHN, 101116

Website

http://www.macrolink.com.cn

Macrolink Culturaltainment Development Co Ltd is a China-based conglomerate with business interests in the real estate, chemical, mining, ceramics, wine, and financial investment industries. In real estate business, the company develops, operates and provides related services residential, commercial, tourism and cultural property. In the petroleum sector, the company focuses on the wholesale and retailing business of crude oil, refined oil products, and fuel oil. Involved in the finance sector, the company is engaged in the project investment, securities investment and equity investment. In addition, the organization is also focused on the ceramics, liquor, ecological agriculture and nutritional beverages industries.

Executives

Yang Yun Feng	Executives
Wu Yi Ping	Supervisors
Li Jian Gang	Director
Fu Jun	Director
Feng Jian Jun	Director
Hu Jin Liang	Independent director
Hang Guan Yu	Directors, executives
Xu Yang	Executives

Winnovation Culturaltainment Development Headlines

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