Pujiang International Group (FRA:2WT) Days Payable: 225.04 (As of Jun. 2023)

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FRA:2WT Pujiang International Group Ltd FRA:2WT
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What is Pujiang International Group Days Payable?

Pujiang International Group FRA:2WT 10 Days Payable is 225.04 as of Jun. 2023. GuruFocus rates FRA:2WT with a GF Score™ of 10/100.

Pujiang International Group's average Accounts Payable for the six months ended in Jun. 2023 was €107.2 Mil. Pujiang International Group's Cost of Goods Sold for the six months ended in Jun. 2023 was €87.0 Mil. Hence, Pujiang International Group's Days Payable for the six months ended in Jun. 2023 was 225.04.

The historical rank and industry rank for Pujiang International Group's Days Payable or its related term are showing as below:

FRA:2WT's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 77.475
* Ranked among companies with meaningful Days Payable only.

Pujiang International Group's Days Payable increased from Jun. 2022 (201.63) to Jun. 2023 (225.04). It may suggest that Pujiang International Group delayed paying its suppliers.


Pujiang International Group Days Payable Historical Data

* Premium members only.

The historical data trend for Pujiang International Group'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.

Pujiang International Group Days Payable Chart

Pujiang International Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial 109.66 132.72 151.35 146.08 174.82

Pujiang International Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 164.24 139.46 201.63 213.83 225.04

FRA:2WT vs ATI, MLI, ESAB: Days Payable Comparison

For the Metal Fabrication subindustry, Pujiang International Group'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.


Pujiang International Group Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pujiang International Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Pujiang International Group's Days Payable falls into.


FRA:2WT
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Pujiang International Group Ltd FRA:2WT
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Pujiang International Group 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.

Pujiang International Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (102.511 + 103.105) / 2 ) / 214.644*365
=102.808 / 214.644*365
=174.82

Pujiang International Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (103.105 + 111.348) / 2 ) / 86.957*365 / 2
=107.2265 / 86.957*365 / 2
=225.04

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 225.04 mean?
Pujiang International Group (FRA:2WT) has a Days Payable of 225.04 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pujiang International Group and its competitors.
Is Pujiang International Group's Days Payable too high?
Pujiang International Group's current Days Payable is 225.04. The Industrial Products industry median Days Payable is 77.48. Pujiang International Group's value of 225.04 is 190.5% above this industry median. Overall, Pujiang International Group has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Pujiang International Group's Days Payable compare to ATI and MLI?
Pujiang International Group's Days Payable of 225.04 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 77.48. Pujiang International Group's value of 225.04 is 190.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.48, based on 3,000 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pujiang International Group's current Days Payable of 225.04 is 190.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pujiang International Group and its competitors. For the Industrial Products industry, the median Days Payable is 77.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pujiang International Group's current Days Payable is 225.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pujiang International Group stock overvalued right now?
Pujiang International Group (FRA:2WT) has a current Days Payable of 225.04. The current Days Payable is 225.04 and 190.5% above the Industrial Products industry median of 77.48. Pujiang International Group's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Pujiang International Group (FRA:2WT), the current Days Payable is 225.04 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pujiang International Group Business Description

Address 518 Shangcheng Road, 16th Floor, Shanghai, CHN, 200120
Pujiang International Group Ltd is a provider of bridge cables for the construction of super-long-span bridges in China and prestressed materials manufacturers in China. It is principally engaged in the manufacture of cables for the construction of bridges and prestressed materials for various infrastructure construction. The company has two main reporting business segments, namely, the business which manufactures cables for long-span bridges (the Cable Business) and the business which manufactures prestressed materials for various infrastructure construction (the Prestressed Materials Business). The Group's revenue customers are derived mainly from its operations in China.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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