Wuchan Zhongda Geron Co (SZSE:002722) Days Payable : 13.37 (As of Mar. 2024)

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What is Wuchan Zhongda Geron Co Days Payable?

Wuchan Zhongda Geron Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥75 Mil. Wuchan Zhongda Geron Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥512 Mil. Hence, Wuchan Zhongda Geron Co's Days Payable for the three months ended in Mar. 2024 was 13.37.

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

SZSE:002722' s Days Payable Range Over the Past 10 Years
Min: 10.87 Med: 21.84 Max: 77.13
Current: 10.87

During the past 13 years, Wuchan Zhongda Geron Co's highest Days Payable was 77.13. The lowest was 10.87. And the median was 21.84.

SZSE:002722's Days Payable is ranked worse than
98.16% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs SZSE:002722: 10.87

Wuchan Zhongda Geron Co's Days Payable increased from Mar. 2023 (12.83) to Mar. 2024 (13.37). It may suggest that Wuchan Zhongda Geron Co delayed paying its suppliers.

Wuchan Zhongda Geron Co Days Payable Historical Data

The historical data trend for Wuchan Zhongda Geron 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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Wuchan Zhongda Geron Co Days Payable Chart

Wuchan Zhongda Geron Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

26.16

23.19

12.54

12.04

12.73

Wuchan Zhongda Geron 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															12.83	9.25	11.59	10.75	13.37

Competitive Comparison of Wuchan Zhongda Geron Co's Days Payable

For the Tools & Accessories subindustry, Wuchan Zhongda Geron 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.

Wuchan Zhongda Geron Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuchan Zhongda Geron Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wuchan Zhongda Geron Co's Days Payable falls into.

Wuchan Zhongda Geron 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.

Wuchan Zhongda Geron 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
=	( (79.439	+	85.043)	/	2 )	/	2358.487	*	365
=	82.241					/	2358.487	*	365
=	12.73

Wuchan Zhongda Geron 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
=	( (85.043	+	64.939)	/	2 )	/	511.988	*	365 / 4
=	74.991					/	511.988	*	365 / 4
=	13.37

Wuchan Zhongda Geron Co Days Payable Related Terms

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Wuchan Zhongda Geron Co (SZSE:002722) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuchan Zhongda Geron Co Ltd (SZSE:002722) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 999, Guangzhou Road, Haimen Economic and Technological Development Zone, Jiangsu Province, Haimen, CHN, 226009

Website

http://www.geron-card.com

Wuchan Zhongda Geron Co Ltd is engaged in the research, development, manufacture, and sale of parts for textile carding equipment. It offers metallic card clothing, flexible woolen card clothing, stationary flats, integrated cylinder, top comb and combing roller, among others. The company has a brand system of Blue Diamond, Diamond, Pioneer and Spider.

Wuchan Zhongda Geron Co (SZSE:002722) Headlines

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