Weifu High-Technology Group Co (SZSE:000581) Days Payable : 209.14 (As of Mar. 2024)

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What is Weifu High-Technology Group Co Days Payable?

Weifu High-Technology Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥5,421 Mil. Weifu High-Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,365 Mil. Hence, Weifu High-Technology Group Co's Days Payable for the three months ended in Mar. 2024 was 209.14.

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

SZSE:000581' s Days Payable Range Over the Past 10 Years
Min: 146.41 Med: 176.86 Max: 222.25
Current: 210.56

During the past 13 years, Weifu High-Technology Group Co's highest Days Payable was 222.25. The lowest was 146.41. And the median was 176.86.

SZSE:000581's Days Payable is ranked better than
92.96% of 1264 companies
in the Vehicles & Parts industry
Industry Median: 66.61 vs SZSE:000581: 210.56

Weifu High-Technology Group Co's Days Payable increased from Mar. 2023 (163.71) to Mar. 2024 (209.14). It may suggest that Weifu High-Technology Group Co delayed paying its suppliers.

Weifu High-Technology Group Co Days Payable Historical Data

The historical data trend for Weifu High-Technology 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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Weifu High-Technology Group Co Days Payable Chart

Weifu High-Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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222.25

203.35

187.54

162.89

205.30

Weifu High-Technology Group Co Quarterly Data
	Jun19	Sep19	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															163.71	178.13	245.24	219.32	209.14

Competitive Comparison of Weifu High-Technology Group Co's Days Payable

For the Auto Parts subindustry, Weifu High-Technology 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.

Weifu High-Technology Group Co's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Weifu High-Technology Group Co's Days Payable falls into.

Weifu High-Technology 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.

Weifu High-Technology Group 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
=	( (4865.691	+	5427.913)	/	2 )	/	9150.313	*	365
=	5146.802					/	9150.313	*	365
=	205.30

Weifu High-Technology Group 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
=	( (5427.913	+	5414.486)	/	2 )	/	2365.382	*	365 / 4
=	5421.1995					/	2365.382	*	365 / 4
=	209.14

Weifu High-Technology Group Co Days Payable Related Terms

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Weifu High-Technology Group Co (SZSE:000581) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Weifu High-Technology Group Co Ltd (SZSE:000581) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

200581:China

Address

No. 5, Huashan Road, Xinwu District, Jiangsu Province, Wuxi, CHN, 214028

Website

http://www.weifu.com.cn

Weifu High-Technology Group Co Ltd is a manufacturer of automotive components. The company has three reportable segments namely auto fuel injection system and fuel cell components; air management system and automotive post-processing system. It generates maximum revenue from the automotive post-processing system segment.

Executives

Xu Yun Feng	Executives
Mou Yu Ming	Executives
Ou Jian Bin	Directors, executives
Shi Xing Yuan	Supervisors
Chen Xue Jun	Director
Wang Xiao Dong	Directors, executives
Gao Guo Yuan	Supervisors
Han Jiang Ming	Supervisors
Chu Yong	Securities Affairs Representative
Deng Xi Jiang	Executives
Chen Qi Long	Director
Xu Liang Fei	Director
You Jian Zhong	Supervisors

Weifu High-Technology Group Co (SZSE:000581) Headlines

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