GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Wansheng Co Ltd (SHSE:603010) » Definitions » Days Payable

Zhejiang Wansheng Co (SHSE:603010) Days Payable : 148.15 (As of Mar. 2025)


View and export this data going back to 2014. Start your Free Trial

What is Zhejiang Wansheng Co Days Payable?

Zhejiang Wansheng Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥1,009 Mil. Zhejiang Wansheng Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥622 Mil. Hence, Zhejiang Wansheng Co's Days Payable for the three months ended in Mar. 2025 was 148.15.

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

SHSE:603010' s Days Payable Range Over the Past 10 Years
Min: 40.05   Med: 68.27   Max: 151.19
Current: 143.28

During the past 13 years, Zhejiang Wansheng Co's highest Days Payable was 151.19. The lowest was 40.05. And the median was 68.27.

SHSE:603010's Days Payable is ranked better than
88.32% of 1515 companies
in the Chemicals industry
Industry Median: 57.84 vs SHSE:603010: 143.28

Zhejiang Wansheng Co's Days Payable declined from Mar. 2024 (152.67) to Mar. 2025 (148.15). It may suggest that Zhejiang Wansheng Co accelerated paying its suppliers.


Zhejiang Wansheng Co Days Payable Historical Data

The historical data trend for Zhejiang Wansheng 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.

Zhejiang Wansheng Co Days Payable Chart

Zhejiang Wansheng Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.39 56.42 94.26 142.59 151.19

Zhejiang Wansheng Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 152.67 143.42 150.93 139.59 148.15

Competitive Comparison of Zhejiang Wansheng Co's Days Payable

For the Specialty Chemicals subindustry, Zhejiang Wansheng 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.


Zhejiang Wansheng Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Wansheng Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Wansheng Co's Days Payable falls into.


;
;

Zhejiang Wansheng 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.

Zhejiang Wansheng Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (935.138 + 1066.03) / 2 ) / 2415.66*365
=1000.584 / 2415.66*365
=151.19

Zhejiang Wansheng Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (1066.03 + 952.052) / 2 ) / 621.515*365 / 4
=1009.041 / 621.515*365 / 4
=148.15

* 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.


Zhejiang Wansheng Co Days Payable Related Terms

Thank you for viewing the detailed overview of Zhejiang Wansheng Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Wansheng Co Business Description

Traded in Other Exchanges
N/A
Address
Liangshui Development Zone, No. 8, Jujing Road, Zhejiang Province, Linhai, CHN
Zhejiang Wansheng Co Ltd is a China-based chemical producer. The company is engaged in the manufacturing and sale of organic phosphorus-based flame retardants for rigid and flexible foam, special amines, and cardanol based curing agents and diluents. Its products are mainly used in the aerospace, automotive, electronics, construction, and furniture industry. The firm has a global presence and its products are exported to various countries and regions including the United States, Europe, South America, South Korea, Japan, and Southeast Asia.
Executives
Zhou San Chang Directors, senior managers
Gao Feng senior management
Gao Xian Guo Director
Yu Qian Hu senior management
Zheng Yong Xiang senior management
Gong Wei Liang senior management
Jin Yi Ping senior management
Song Li Juan Director

Zhejiang Wansheng Co Headlines

No Headlines