Xi'an Wonder Energy Chemical Co (BJSE:836419) Days Payable : 51.55 (As of Mar. 2024)

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What is Xi'an Wonder Energy Chemical Co Days Payable?

Xi'an Wonder Energy Chemical Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥70.3 Mil. Xi'an Wonder Energy Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥124.4 Mil. Hence, Xi'an Wonder Energy Chemical Co's Days Payable for the three months ended in Mar. 2024 was 51.55.

The historical rank and industry rank for Xi'an Wonder Energy Chemical Co's Days Payable or its related term are showing as below:

BJSE:836419' s Days Payable Range Over the Past 10 Years
Min: 35.89 Med: 50.23 Max: 125.05
Current: 35.89

During the past 11 years, Xi'an Wonder Energy Chemical Co's highest Days Payable was 125.05. The lowest was 35.89. And the median was 50.23.

BJSE:836419's Days Payable is ranked worse than
74.55% of 1501 companies
in the Chemicals industry
Industry Median: 60.44 vs BJSE:836419: 35.89

Xi'an Wonder Energy Chemical Co's Days Payable increased from Mar. 2023 (29.96) to Mar. 2024 (51.55). It may suggest that Xi'an Wonder Energy Chemical Co delayed paying its suppliers.

Xi'an Wonder Energy Chemical Co Days Payable Historical Data

The historical data trend for Xi'an Wonder Energy Chemical 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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Xi'an Wonder Energy Chemical Co Days Payable Chart

Xi'an Wonder Energy Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

50.79

45.99

37.53

46.02

50.46

Xi'an Wonder Energy Chemical Co Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															29.96	30.94	32.40	33.04	51.55

Competitive Comparison of Xi'an Wonder Energy Chemical Co's Days Payable

For the Chemicals subindustry, Xi'an Wonder Energy Chemical 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.

Xi'an Wonder Energy Chemical Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xi'an Wonder Energy Chemical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xi'an Wonder Energy Chemical Co's Days Payable falls into.

Xi'an Wonder Energy Chemical 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.

Xi'an Wonder Energy Chemical 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
=	( (44.794	+	83.591)	/	2 )	/	464.324	*	365
=	64.1925					/	464.324	*	365
=	50.46

Xi'an Wonder Energy Chemical 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
=	( (83.591	+	56.973)	/	2 )	/	124.415	*	365 / 4
=	70.282					/	124.415	*	365 / 4
=	51.55

Xi'an Wonder Energy Chemical Co Days Payable Related Terms

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Xi'an Wonder Energy Chemical Co (BJSE:836419) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Xi'an Wonder Energy Chemical Co Ltd (BJSE:836419) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Inspection Building, No.30, Tuanjie South Road, Zhangba Street Office, High-tech Zone, Shaanxi Province, Xi'an, CHN, 710000

Website

https://www.wonder-chemical.com

Xi'an Wonder Energy Chemical Co Ltd is a company which is mainly engaged in the research and development, production and sales of oil additives, oilfield chemicals, petroleum refining agents and other fine chemical products.

Xi'an Wonder Energy Chemical Co (BJSE:836419) Headlines

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