Western Region Gold Co (SHSE:601069) Days Payable : 17.08 (As of Mar. 2024)

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What is Western Region Gold Co Days Payable?

Western Region Gold Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥238 Mil. Western Region Gold Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,270 Mil. Hence, Western Region Gold Co's Days Payable for the three months ended in Mar. 2024 was 17.08.

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

SHSE:601069' s Days Payable Range Over the Past 10 Years
Min: 12.29 Med: 44.85 Max: 118.92
Current: 19.9

During the past 13 years, Western Region Gold Co's highest Days Payable was 118.92. The lowest was 12.29. And the median was 44.85.

SHSE:601069's Days Payable is ranked worse than
92.02% of 1065 companies
in the Metals & Mining industry
Industry Median: 136.2 vs SHSE:601069: 19.90

Western Region Gold Co's Days Payable declined from Mar. 2023 (24.82) to Mar. 2024 (17.08). It may suggest that Western Region Gold Co accelerated paying its suppliers.

Western Region Gold Co Days Payable Historical Data

The historical data trend for Western Region Gold 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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Western Region Gold Co Days Payable Chart

Western Region Gold Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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18.53

12.29

16.64

26.79

24.10

Western Region Gold 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															24.82	15.35	35.67	21.82	17.08

Competitive Comparison of Western Region Gold Co's Days Payable

For the Gold subindustry, Western Region Gold 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.

Western Region Gold Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Western Region Gold Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Western Region Gold Co's Days Payable falls into.

Western Region Gold 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.

Western Region Gold 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
=	( (283.431	+	276.915)	/	2 )	/	4243.469	*	365
=	280.173					/	4243.469	*	365
=	24.10

Western Region Gold 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
=	( (276.915	+	198.472)	/	2 )	/	1269.881	*	365 / 4
=	237.6935					/	1269.881	*	365 / 4
=	17.08

Western Region Gold Co Days Payable Related Terms

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Western Region Gold Co (SHSE:601069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Region Gold Co Ltd (SHSE:601069) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 501, South Road, Economic and Technological Development Zone, Xinjiang Uygur Autonomous Region, Urumqi, CHN, 834000

Website

http://www.w-r-g.cn

Western Region Gold Co Ltd is engaged in gold mining. The company is also engaged in the iron ore mine and chrome ore mining.

Executives

Sun Jian Hua	senior management
He Jian Zhang	Director
Wang Yong	Supervisors
Duan Wei Dong	Director
Liu Jun	Directors, senior managers
Ding Hong	Supervisors
Liu Chao Hui	senior management
Yu Guo Jun	Director
Tang Xiang Yang	Director
Tang Fang	senior management
Hu Jian Ming	senior management
Zhu Ling Xiao	senior management
Qi Xin Ying	Directors, senior managers

Western Region Gold Co (SHSE:601069) Headlines

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