Wencan Group Co (SHSE:603348) Days Payable : 128.20 (As of Mar. 2025)

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What is Wencan Group Co Days Payable?

Wencan Group Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥1,545 Mil. Wencan Group Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥1,100 Mil. Hence, Wencan Group Co's Days Payable for the three months ended in Mar. 2025 was 128.20.

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

SHSE:603348' s Days Payable Range Over the Past 10 Years
Min: 80.41 Med: 102.75 Max: 130.67
Current: 109.31

During the past 13 years, Wencan Group Co's highest Days Payable was 130.67. The lowest was 80.41. And the median was 102.75.

SHSE:603348's Days Payable is ranked better than
74.9% of 1287 companies
in the Vehicles & Parts industry
Industry Median: 65.28 vs SHSE:603348: 109.31

Wencan Group Co's Days Payable increased from Mar. 2024 (103.41) to Mar. 2025 (128.20). It may suggest that Wencan Group Co delayed paying its suppliers.

Wencan Group Co Days Payable Historical Data

The historical data trend for Wencan Group 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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Wencan Group Co Days Payable Chart

Wencan Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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80.41

80.66

103.77

121.14

101.73

Wencan Group 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															103.41	106.85	111.78	104.87	128.20

Competitive Comparison of Wencan Group Co's Days Payable

For the Auto Parts subindustry, Wencan Group 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.

Wencan Group Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wencan Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wencan Group Co's Days Payable falls into.

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Wencan Group 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.

Wencan Group 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
=	( (1359.993	+	1681.475)	/	2 )	/	5456.137	*	365
=	1520.734					/	5456.137	*	365
=	101.73

Wencan Group 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
=	( (1681.475	+	1408.501)	/	2 )	/	1099.679	*	365 / 4
=	1544.988					/	1099.679	*	365 / 4
=	128.20

Wencan Group Co Days Payable Related Terms

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Wencan Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wencan Group Co Ltd (SHSE:603348) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

125 Heshun Avenue, Lishui Town, Nanhai District, Guangdong Province, Foshan, CHN, 528241

Website

http://www.wencan.com

Wencan Group Co Ltd is engaged in the research, development, production and sales of automobile aluminum alloy precision die castings. The products are mainly used in engine systems, gearbox systems, and chassis systems in mid- to high-end automobiles, brake system, body structure parts and other auto parts.

Executives

Huang Yu Feng	senior management
Zhang Jing	senior management
Shen Long	senior management
Wu Shu Yi	senior management
Gao Jun Min	Directors, senior managers
Li Shi Hua	senior management
Yi Man Li	Directors, senior managers
Wang Zhuo Ming	senior management

Wencan Group Co Headlines

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