Wuhan Dameng Database Co (SHSE:688692) Days Payable : 478.68 (As of Mar. 2025)

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What is Wuhan Dameng Database Co Days Payable?

Wuhan Dameng Database Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥42 Mil. Wuhan Dameng Database Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥8 Mil. Hence, Wuhan Dameng Database Co's Days Payable for the three months ended in Mar. 2025 was 478.68.

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

SHSE:688692' s Days Payable Range Over the Past 10 Years
Min: 176.54 Med: 350.89 Max: 618.36
Current: 176.54

During the past 6 years, Wuhan Dameng Database Co's highest Days Payable was 618.36. The lowest was 176.54. And the median was 350.89.

SHSE:688692's Days Payable is ranked better than
80.82% of 2549 companies
in the Software industry
Industry Median: 51.21 vs SHSE:688692: 176.54

Wuhan Dameng Database Co's Days Payable declined from Mar. 2024 (1,051.24) to Mar. 2025 (478.68). It may suggest that Wuhan Dameng Database Co accelerated paying its suppliers.

Wuhan Dameng Database Co Days Payable Historical Data

The historical data trend for Wuhan Dameng Database 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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Wuhan Dameng Database Co Days Payable Chart

Wuhan Dameng Database Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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376.00

193.95

403.98

618.36

192.22

Wuhan Dameng Database Co Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial										1,051.24	1,108.83	78.99	239.95	478.68

Competitive Comparison of Wuhan Dameng Database Co's Days Payable

For the Software - Application subindustry, Wuhan Dameng Database 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.

Wuhan Dameng Database Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Wuhan Dameng Database Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wuhan Dameng Database Co's Days Payable falls into.

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Wuhan Dameng Database 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.

Wuhan Dameng Database 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
=	( (61.317	+	52.745)	/	2 )	/	108.292	*	365
=	57.031					/	108.292	*	365
=	192.22

Wuhan Dameng Database 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
=	( (52.745	+	30.579)	/	2 )	/	7.942	*	365 / 4
=	41.662					/	7.942	*	365 / 4
=	478.68

Wuhan Dameng Database Co Days Payable Related Terms

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Wuhan Dameng Database Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wuhan Dameng Database Co Ltd (SHSE:688692) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

No. 999 Gaoxin Avenue, Floors 16-19, Building C3, Future Technology Building, East Lake New Technology Development Zone, Hubei Province, Wuhan, CHN, 430000

Website

Wuhan Dameng Database Co Ltd is engaged in providing a series of database products and related technical services such as various database software and cluster software, cloud computing and big data products, and database all-in-one machines. Its products include DM8 & Cluster Software, DMRWC, DMDataWatch etc. Its products are used in industries including finance, energy, aviation and communications.

Wuhan Dameng Database Co Headlines

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