Wave Cyber (Shanghai) Co (SHSE:688718) Days Payable : 74.89 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Wave Cyber (Shanghai) Co Days Payable?

Wave Cyber (Shanghai) Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥40.8 Mil. Wave Cyber (Shanghai) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥49.7 Mil. Hence, Wave Cyber (Shanghai) Co's Days Payable for the three months ended in Mar. 2024 was 74.89.

The historical rank and industry rank for Wave Cyber (Shanghai) Co's Days Payable or its related term are showing as below:

SHSE:688718' s Days Payable Range Over the Past 10 Years
Min: 31.13 Med: 56.99 Max: 77.25
Current: 77.25

During the past 7 years, Wave Cyber (Shanghai) Co's highest Days Payable was 77.25. The lowest was 31.13. And the median was 56.99.

SHSE:688718's Days Payable is ranked better than
50.44% of 226 companies
in the Waste Management industry
Industry Median: 72.98 vs SHSE:688718: 77.25

Wave Cyber (Shanghai) Co's Days Payable declined from Mar. 2023 (105.72) to Mar. 2024 (74.89). It may suggest that Wave Cyber (Shanghai) Co accelerated paying its suppliers.

Wave Cyber (Shanghai) Co Days Payable Historical Data

The historical data trend for Wave Cyber (Shanghai) 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.

Wave Cyber (Shanghai) Co Days Payable Chart

Wave Cyber (Shanghai) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

65.24

48.74

70.92

68.55

Wave Cyber (Shanghai) Co Quarterly Data
	Dec17	Dec18	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															105.72	88.36	56.48	67.41	74.89

Competitive Comparison of Wave Cyber (Shanghai) Co's Days Payable

For the Waste Management subindustry, Wave Cyber (Shanghai) 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.

Wave Cyber (Shanghai) Co's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Wave Cyber (Shanghai) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wave Cyber (Shanghai) Co's Days Payable falls into.

Wave Cyber (Shanghai) 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.

Wave Cyber (Shanghai) 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
=	( (53.289	+	44.58)	/	2 )	/	260.569	*	365
=	48.9345					/	260.569	*	365
=	68.55

Wave Cyber (Shanghai) 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
=	( (44.58	+	36.975)	/	2 )	/	49.685	*	365 / 4
=	40.7775					/	49.685	*	365 / 4
=	74.89

Wave Cyber (Shanghai) Co Days Payable Related Terms

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

Wave Cyber (Shanghai) Co (SHSE:688718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Wave Cyber (Shanghai) Co Ltd (SHSE:688718) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

899 Songying Road, Qingpu District, Shanghai, CHN, 201703

Website

http://en.wave-cyber.com

Wave Cyber (Shanghai) Co Ltd is a manufacturer of components for the residential, commercial, industrial and municipal water treatment industries. The products include full lines of fiberglass pressure tanks, brine tanks/cabinets, membrane pressure vessels and others.

Wave Cyber (Shanghai) Co (SHSE:688718) Headlines

No Headlines