Shanghai Welltech Automation Co (SZSE:002058) Days Payable : 119.24 (As of Mar. 2025)

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What is Shanghai Welltech Automation Co Days Payable?

Shanghai Welltech Automation Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥25.0 Mil. Shanghai Welltech Automation Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥19.1 Mil. Hence, Shanghai Welltech Automation Co's Days Payable for the three months ended in Mar. 2025 was 119.24.

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

SZSE:002058' s Days Payable Range Over the Past 10 Years
Min: 60.2 Med: 83.53 Max: 153.96
Current: 83.76

During the past 13 years, Shanghai Welltech Automation Co's highest Days Payable was 153.96. The lowest was 60.20. And the median was 83.53.

SZSE:002058's Days Payable is ranked better than
54.25% of 2944 companies
in the Industrial Products industry
Industry Median: 76.18 vs SZSE:002058: 83.76

Shanghai Welltech Automation Co's Days Payable increased from Mar. 2024 (88.10) to Mar. 2025 (119.24). It may suggest that Shanghai Welltech Automation Co delayed paying its suppliers.

Shanghai Welltech Automation Co Days Payable Historical Data

The historical data trend for Shanghai Welltech Automation 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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Shanghai Welltech Automation Co Days Payable Chart

Shanghai Welltech Automation Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

60.20

85.17

153.96

116.80

81.88

Shanghai Welltech Automation 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															88.10	89.71	62.20	79.11	119.24

Competitive Comparison of Shanghai Welltech Automation Co's Days Payable

For the Electrical Equipment & Parts subindustry, Shanghai Welltech Automation 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.

Shanghai Welltech Automation Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Welltech Automation Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Welltech Automation Co's Days Payable falls into.

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Shanghai Welltech Automation 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.

Shanghai Welltech Automation 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
=	( (25.103	+	23.614)	/	2 )	/	108.589	*	365
=	24.3585					/	108.589	*	365
=	81.88

Shanghai Welltech Automation 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
=	( (23.614	+	26.402)	/	2 )	/	19.138	*	365 / 4
=	25.008					/	19.138	*	365 / 4
=	119.24

Shanghai Welltech Automation Co Days Payable Related Terms

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Shanghai Welltech Automation Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Welltech Automation Co Ltd (SZSE:002058) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 263 Hongqiao Middle Road, MinHang District, Shanghai, CHN, 201103

Website

http://www.welltech.com.cn

Shanghai Welltech Automation Co Ltd is a China-based industrial valve manufacturing company. It is engaged in the production and sales of industrial automation instruments and meters. Its product offering includes a pressure sensor, flowmeter, temperature measuring instrument, control valve, and an actuator. The company also offers after sale services.

Executives

Li Yu	Director
Li Cheng Sheng	Executives
Liang Huai Xi	Executives
Zhang Jin Zu	Director
Yu Shi Xin	Executives

Shanghai Welltech Automation Co Headlines

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