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Weichai Power Co (WBO:WI4) Days Payable : 189.88 (As of Mar. 2024)


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What is Weichai Power Co Days Payable?

Weichai Power Co's average Accounts Payable for the three months ended in Mar. 2024 was €11,674 Mil. Weichai Power Co's Cost of Goods Sold for the three months ended in Mar. 2024 was €5,610 Mil. Hence, Weichai Power Co's Days Payable for the three months ended in Mar. 2024 was 189.88.

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

WBO:WI4' s Days Payable Range Over the Past 10 Years
Min: 113.49   Med: 144.11   Max: 185.07
Current: 185.07

During the past 13 years, Weichai Power Co's highest Days Payable was 185.07. The lowest was 113.49. And the median was 144.11.

WBO:WI4's Days Payable is ranked better than
84.35% of 2933 companies
in the Industrial Products industry
Industry Median: 76.41 vs WBO:WI4: 185.07

Weichai Power Co's Days Payable increased from Mar. 2023 (152.24) to Mar. 2024 (189.88). It may suggest that Weichai Power Co delayed paying its suppliers.


Weichai Power Co Days Payable Historical Data

The historical data trend for Weichai Power 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.

* Premium members only.

Weichai Power Co Days Payable Chart

Weichai Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 141.55 147.76 142.26 186.18 171.87

Weichai Power 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 152.24 178.33 182.58 194.40 189.88

Competitive Comparison of Weichai Power Co's Days Payable

For the Specialty Industrial Machinery subindustry, Weichai Power 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.


Weichai Power Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Weichai Power Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Weichai Power Co's Days Payable falls into.



Weichai Power 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.

Weichai Power 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
=( (9151.294 + 11269.998) / 2 ) / 21684.037*365
=10210.646 / 21684.037*365
=171.87

Weichai Power 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
=( (11269.998 + 12078.239) / 2 ) / 5610.116*365 / 4
=11674.1185 / 5610.116*365 / 4
=189.88

* 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.


Weichai Power Co Days Payable Related Terms

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Weichai Power Co (WBO:WI4) Business Description

Address
197, Section A, Fu Shou East Street, High Technology Industrial Development Zone, Shandong Province, Weifang, CHN, 261061
Weichai Power Co Ltd is an industrial technology company that offers vehicles, equipment, and logistics and supply chain services in China. The operating segments of the company are 1) Engines segment includes the manufacturing and sale of engines and related parts; 2) Automobiles and automobile components include the manufacturing and sale of automobiles and automobile components other than Engines; 3) Agricultural equipment includes the manufacturing and sale of agricultural equipment (complete machineries), agricultural machineries, agricultural vehicles and related parts; 4) Intelligent logistics includes forklift trucks production, warehousing technology and supply chain solution services.

Weichai Power Co (WBO:WI4) Headlines

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