Sunwave Communications Co (SZSE:002115) Days Payable : 23.85 (As of Mar. 2024)

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What is Sunwave Communications Co Days Payable?

Sunwave Communications Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥698 Mil. Sunwave Communications Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,669 Mil. Hence, Sunwave Communications Co's Days Payable for the three months ended in Mar. 2024 was 23.85.

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

SZSE:002115' s Days Payable Range Over the Past 10 Years
Min: 25.14 Med: 59.93 Max: 308.07
Current: 25.36

During the past 13 years, Sunwave Communications Co's highest Days Payable was 308.07. The lowest was 25.14. And the median was 59.93.

SZSE:002115's Days Payable is ranked worse than
91.53% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs SZSE:002115: 25.36

Sunwave Communications Co's Days Payable declined from Mar. 2023 (26.93) to Mar. 2024 (23.85). It may suggest that Sunwave Communications Co accelerated paying its suppliers.

Sunwave Communications Co Days Payable Historical Data

The historical data trend for Sunwave Communications 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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Sunwave Communications Co Days Payable Chart

Sunwave Communications Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.58

29.16

32.40

33.50

25.14

Sunwave Communications 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															26.93	27.44	21.38	27.77	23.85

Competitive Comparison of Sunwave Communications Co's Days Payable

For the Communication Equipment subindustry, Sunwave Communications 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.

Sunwave Communications Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sunwave Communications Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sunwave Communications Co's Days Payable falls into.

Sunwave Communications 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.

Sunwave Communications 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
=	( (882.228	+	757.443)	/	2 )	/	11904.047	*	365
=	819.8355					/	11904.047	*	365
=	25.14

Sunwave Communications 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
=	( (757.443	+	637.6)	/	2 )	/	2669.046	*	365 / 4
=	697.5215					/	2669.046	*	365 / 4
=	23.85

Sunwave Communications Co Days Payable Related Terms

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Sunwave Communications Co (SZSE:002115) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sunwave Communications Co Ltd (SZSE:002115) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 581 Torch Avenue, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310053

Website

http://www.sunwave.com.cn

Sunwave Communications Co Ltd is principally engaged in the manufacturing and sale of communication equipment in China. The company also provide system integration services and development, and are involved in the sale of wireless electronic devices.

Executives

Li Yue Lun	Directors, executives
Zheng Jian Bo	Director
Li Wei Yi	Supervisors
Zhang Jian Zhou	Executives
Li Guan Xiong	Securities Affairs Representative
Li Jun	Director
Wu Zhi Jian	Executives
Li Gang	Directors, executives
Hong Ge	Executives
Lu Yuan Ji	Director
Wang Ping	Directors, executives
Zhou Yin	Executives
Cao Yong Fu	Supervisors
Zhou Mei Fei	Director
Jin Li	Executives

Sunwave Communications Co (SZSE:002115) Headlines

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