Hangzhou Huawang New Material Technology Co (SHSE:605377) Days Payable : 155.15 (As of Sep. 2024)

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What is Hangzhou Huawang New Material Technology Co Days Payable?

Hangzhou Huawang New Material Technology Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥1,321 Mil. Hangzhou Huawang New Material Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥777 Mil. Hence, Hangzhou Huawang New Material Technology Co's Days Payable for the three months ended in Sep. 2024 was 155.15.

The historical rank and industry rank for Hangzhou Huawang New Material Technology Co's Days Payable or its related term are showing as below:

SHSE:605377' s Days Payable Range Over the Past 10 Years
Min: 30.41 Med: 108.06 Max: 216.87
Current: 163.81

During the past 10 years, Hangzhou Huawang New Material Technology Co's highest Days Payable was 216.87. The lowest was 30.41. And the median was 108.06.

SHSE:605377's Days Payable is ranked better than
94.58% of 277 companies
in the Forest Products industry
Industry Median: 56.24 vs SHSE:605377: 163.81

Hangzhou Huawang New Material Technology Co's Days Payable increased from Sep. 2023 (137.21) to Sep. 2024 (155.15). It may suggest that Hangzhou Huawang New Material Technology Co delayed paying its suppliers.

Hangzhou Huawang New Material Technology Co Days Payable Historical Data

The historical data trend for Hangzhou Huawang New Material Technology 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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Hangzhou Huawang New Material Technology Co Days Payable Chart

Hangzhou Huawang New Material Technology Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

140.08

216.87

171.72

180.57

176.49

Hangzhou Huawang New Material Technology 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															137.21	179.94	178.35	148.31	155.15

Competitive Comparison of Hangzhou Huawang New Material Technology Co's Days Payable

For the Paper & Paper Products subindustry, Hangzhou Huawang New Material Technology 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.

Hangzhou Huawang New Material Technology Co's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Hangzhou Huawang New Material Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hangzhou Huawang New Material Technology Co's Days Payable falls into.

Hangzhou Huawang New Material Technology 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.

Hangzhou Huawang New Material Technology 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
=	( (1483.632	+	1628.787)	/	2 )	/	3218.422	*	365
=	1556.2095					/	3218.422	*	365
=	176.49

Hangzhou Huawang New Material Technology 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
=	( (1335.624	+	1305.48)	/	2 )	/	776.655	*	365 / 4
=	1320.552					/	776.655	*	365 / 4
=	155.15

Hangzhou Huawang New Material Technology Co Days Payable Related Terms

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Hangzhou Huawang New Material Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Hangzhou Huawang New Material Technology Co Ltd (SHSE:605377) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 18, Binhe North Road, Qingshanhu Street, Lin'an District, Zhejiang Province, Hangzhou, CHN, 311305

Website

http://www.hwpaper.cn

Hangzhou Huawang New Material Technology Co Ltd is engaged in the production and sales of printable decorative base paper and plain decorative base paper, as well as wood pulp trading business.

Executives

Ge Li Fang	Directors, senior managers
Wu Hai Biao	Directors, senior managers
Zhang Yan Cheng	Director
Chen Lei	senior management
Tou Jiang Hao	Director
Tou Zheng Liang	Director
Wu Guan You	Supervisors
Wang Shi Min	Supervisors
Jin Di	Supervisors
Pan Wei Ya	Director
Li Xiao Ping	Director
Huang Ya Fen	senior management
Zheng Xiang Ling	Supervisors

Hangzhou Huawang New Material Technology Co Headlines

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