Zhejiang Weixing Intelligent Meter Stock Co (SZSE:002849) Days Payable : 298.90 (As of Mar. 2025)

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What is Zhejiang Weixing Intelligent Meter Stock Co Days Payable?

Zhejiang Weixing Intelligent Meter Stock Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥810 Mil. Zhejiang Weixing Intelligent Meter Stock Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥247 Mil. Hence, Zhejiang Weixing Intelligent Meter Stock Co's Days Payable for the three months ended in Mar. 2025 was 298.90.

The historical rank and industry rank for Zhejiang Weixing Intelligent Meter Stock Co's Days Payable or its related term are showing as below:

SZSE:002849' s Days Payable Range Over the Past 10 Years
Min: 211.6 Med: 302.16 Max: 367.07
Current: 322.51

During the past 13 years, Zhejiang Weixing Intelligent Meter Stock Co's highest Days Payable was 367.07. The lowest was 211.60. And the median was 302.16.

SZSE:002849's Days Payable is ranked better than
95.41% of 2944 companies
in the Industrial Products industry
Industry Median: 76.18 vs SZSE:002849: 322.51

Zhejiang Weixing Intelligent Meter Stock Co's Days Payable declined from Mar. 2024 (349.83) to Mar. 2025 (298.90). It may suggest that Zhejiang Weixing Intelligent Meter Stock Co accelerated paying its suppliers.

Zhejiang Weixing Intelligent Meter Stock Co Days Payable Historical Data

The historical data trend for Zhejiang Weixing Intelligent Meter Stock 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 Weixing Intelligent Meter Stock Co Days Payable Chart

Zhejiang Weixing Intelligent Meter Stock Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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317.02

337.98

367.07

305.61

341.53

Zhejiang Weixing Intelligent Meter Stock 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															349.83	315.89	388.88	307.76	298.90

Competitive Comparison of Zhejiang Weixing Intelligent Meter Stock Co's Days Payable

For the Electrical Equipment & Parts subindustry, Zhejiang Weixing Intelligent Meter Stock 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 Weixing Intelligent Meter Stock Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Weixing Intelligent Meter Stock Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Weixing Intelligent Meter Stock Co's Days Payable falls into.

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Zhejiang Weixing Intelligent Meter Stock 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 Weixing Intelligent Meter Stock 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
=	( (818.309	+	825.276)	/	2 )	/	878.277	*	365
=	821.7925					/	878.277	*	365
=	341.53

Zhejiang Weixing Intelligent Meter Stock 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
=	( (825.276	+	794.139)	/	2 )	/	247.194	*	365 / 4
=	809.7075					/	247.194	*	365 / 4
=	298.90

Zhejiang Weixing Intelligent Meter Stock Co Days Payable Related Terms

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Zhejiang Weixing Intelligent Meter Stock Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Weixing Intelligent Meter Stock Co Ltd (SZSE:002849) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 366-1, Xiangyun Road, Liangzhu Street, Building 1, Yuhang District, Zhejiang Province, Hangzhou, CHN, 310015

Website

http://www.viewshine.cn

Zhejiang Weixing Intelligent Meter Stock Co Ltd is engaged in the research, development, production, and sales of intelligent gas information system platform, intelligent terminal and ultrasonic metering products. The company's products cover IC card smart terminals, RF-based and IoT-based smart metering terminals, a new generation of ultrasonic meters and "gas cloud" information management platform, from civil gas meters to industrial and commercial gas meters.

Executives

Huang Wen Qian	Director
Zhang Yan	Secretary, Director
Chen Zhi Yuan	Executives
Gu Jin Song	Executives
Li Zu Guang	Executives
Fan Hui Qun	Director
Yan Bing Wei	Securities Affairs Representative
Ma Shan Bing	Director
Zhao Yan Hua	Supervisors

Zhejiang Weixing Intelligent Meter Stock Co Headlines

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