Lanzhou Great Wall Electrical Co (SHSE:600192) Days Payable : 260.05 (As of Sep. 2024)

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What is Lanzhou Great Wall Electrical Co Days Payable?

Lanzhou Great Wall Electrical Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥1,232 Mil. Lanzhou Great Wall Electrical Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥432 Mil. Hence, Lanzhou Great Wall Electrical Co's Days Payable for the three months ended in Sep. 2024 was 260.05.

The historical rank and industry rank for Lanzhou Great Wall Electrical Co's Days Payable or its related term are showing as below:

SHSE:600192' s Days Payable Range Over the Past 10 Years
Min: 184.67 Med: 228.21 Max: 327.92
Current: 327.92

During the past 13 years, Lanzhou Great Wall Electrical Co's highest Days Payable was 327.92. The lowest was 184.67. And the median was 228.21.

SHSE:600192's Days Payable is ranked better than
95.83% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs SHSE:600192: 327.92

Lanzhou Great Wall Electrical Co's Days Payable declined from Sep. 2023 (278.87) to Sep. 2024 (260.05). It may suggest that Lanzhou Great Wall Electrical Co accelerated paying its suppliers.

Lanzhou Great Wall Electrical Co Days Payable Historical Data

The historical data trend for Lanzhou Great Wall Electrical 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.

Lanzhou Great Wall Electrical Co Days Payable Chart

Lanzhou Great Wall Electrical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

216.20

184.67

205.74

264.73

279.61

Lanzhou Great Wall Electrical Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															278.87	311.14	378.14	384.08	260.05

Competitive Comparison of Lanzhou Great Wall Electrical Co's Days Payable

For the Electrical Equipment & Parts subindustry, Lanzhou Great Wall Electrical 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.

Lanzhou Great Wall Electrical Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lanzhou Great Wall Electrical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Lanzhou Great Wall Electrical Co's Days Payable falls into.

Lanzhou Great Wall Electrical 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.

Lanzhou Great Wall Electrical 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
=	( (1391.142	+	1359.913)	/	2 )	/	1795.605	*	365
=	1375.5275					/	1795.605	*	365
=	279.61

Lanzhou Great Wall Electrical Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1221.165	+	1242.954)	/	2 )	/	432.317	*	365 / 4
=	1232.0595					/	432.317	*	365 / 4
=	260.05

Lanzhou Great Wall Electrical Co Days Payable Related Terms

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Lanzhou Great Wall Electrical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lanzhou Great Wall Electrical Co Ltd (SHSE:600192) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 215 Nongmin Lane, Chengguan District, Lanzhou, Gansu, CHN, 730000

Website

http://www.chinagwe.com

Lanzhou Great Wall Electrical Co Ltd is engaged in the research and development, manufacturing, sales and service of high and medium voltage switchgear complete sets of equipment, high and low voltage electrical components and key components, electric drive automation and new energy control systems, intelligent low voltage complete power distribution devices and busbar trunks. The company also operates fruit and vegetable juice processing, hydropower operation management and new energy batteries.

Executives

Mao Jian Guang

Director

Lanzhou Great Wall Electrical Co Headlines

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