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Zhejiang Wanfeng Auto Wheel Co (SZSE:002085) Days Payable : 51.21 (As of Mar. 2025)


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What is Zhejiang Wanfeng Auto Wheel Co Days Payable?

Zhejiang Wanfeng Auto Wheel Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥1,635 Mil. Zhejiang Wanfeng Auto Wheel Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥2,912 Mil. Hence, Zhejiang Wanfeng Auto Wheel Co's Days Payable for the three months ended in Mar. 2025 was 51.21.

The historical rank and industry rank for Zhejiang Wanfeng Auto Wheel Co's Days Payable or its related term are showing as below:

SZSE:002085' s Days Payable Range Over the Past 10 Years
Min: 38   Med: 48.83   Max: 64.03
Current: 39.33

During the past 13 years, Zhejiang Wanfeng Auto Wheel Co's highest Days Payable was 64.03. The lowest was 38.00. And the median was 48.83.

SZSE:002085's Days Payable is ranked worse than
76.32% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 65.37 vs SZSE:002085: 39.33

Zhejiang Wanfeng Auto Wheel Co's Days Payable increased from Mar. 2024 (46.98) to Mar. 2025 (51.21). It may suggest that Zhejiang Wanfeng Auto Wheel Co delayed paying its suppliers.


Zhejiang Wanfeng Auto Wheel Co Days Payable Historical Data

The historical data trend for Zhejiang Wanfeng Auto Wheel 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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Zhejiang Wanfeng Auto Wheel Co Days Payable Chart

Zhejiang Wanfeng Auto Wheel Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.62 41.04 38.00 44.15 44.78

Zhejiang Wanfeng Auto Wheel 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.98 39.21 36.84 34.04 51.21

Competitive Comparison of Zhejiang Wanfeng Auto Wheel Co's Days Payable

For the Auto Parts subindustry, Zhejiang Wanfeng Auto Wheel 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.


Zhejiang Wanfeng Auto Wheel Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Wanfeng Auto Wheel Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Wanfeng Auto Wheel Co's Days Payable falls into.


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Zhejiang Wanfeng Auto Wheel 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.

Zhejiang Wanfeng Auto Wheel 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
=( (1560.85 + 1770.025) / 2 ) / 13576.056*365
=1665.4375 / 13576.056*365
=44.78

Zhejiang Wanfeng Auto Wheel 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
=( (1770.025 + 1498.987) / 2 ) / 2912.458*365 / 4
=1634.506 / 2912.458*365 / 4
=51.21

* 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.


Zhejiang Wanfeng Auto Wheel Co Days Payable Related Terms

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Zhejiang Wanfeng Auto Wheel Co Business Description

Traded in Other Exchanges
N/A
Address
Xinchang County Industrial Park, Zhejiang Province, Chengguan Town, Shaoxing, CHN, 312500
Zhejiang Wanfeng Auto Wheel Co Ltd is a China-based company engages in the manufacture and sale of aluminum alloy wheels for automobiles and motorcycles, as well as magnesium alloy wheels. The company's operating segment includes Automobile wheel; Motorcycle wheel; Coating processing; Magnesium alloy die casting products; Stamping and General Aviation Aircraft. It generates maximum revenue from the Automobile wheel segment.
Executives
Yang Hui Hui Supervisors
Chen Ai Lian Director
Wu Xing Zhong Executives
Li Yun Director
Xu Xiao Fang Directors, executives
Zhu Xun Ming Director

Zhejiang Wanfeng Auto Wheel Co Headlines

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