Winall Hi-tech Seed Co (SZSE:300087) Days Payable : 117.73 (As of Sep. 2024)

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What is Winall Hi-tech Seed Co Days Payable?

Winall Hi-tech Seed Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥715 Mil. Winall Hi-tech Seed Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥554 Mil. Hence, Winall Hi-tech Seed Co's Days Payable for the three months ended in Sep. 2024 was 117.73.

The historical rank and industry rank for Winall Hi-tech Seed Co's Days Payable or its related term are showing as below:

SZSE:300087' s Days Payable Range Over the Past 10 Years
Min: 69.55 Med: 109.36 Max: 240.95
Current: 78.26

During the past 13 years, Winall Hi-tech Seed Co's highest Days Payable was 240.95. The lowest was 69.55. And the median was 109.36.

SZSE:300087's Days Payable is ranked better than
73.68% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.78 vs SZSE:300087: 78.26

Winall Hi-tech Seed Co's Days Payable increased from Sep. 2023 (88.30) to Sep. 2024 (117.73). It may suggest that Winall Hi-tech Seed Co delayed paying its suppliers.

Winall Hi-tech Seed Co Days Payable Historical Data

The historical data trend for Winall Hi-tech Seed 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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Winall Hi-tech Seed Co Days Payable Chart

Winall Hi-tech Seed Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

198.85

109.07

69.79

69.55

112.56

Winall Hi-tech Seed Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															88.30	44.33	157.23	82.09	117.73

Competitive Comparison of Winall Hi-tech Seed Co's Days Payable

For the Farm Products subindustry, Winall Hi-tech Seed 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.

Winall Hi-tech Seed Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Winall Hi-tech Seed Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Winall Hi-tech Seed Co's Days Payable falls into.

Winall Hi-tech Seed 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.

Winall Hi-tech Seed 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
=	( (579.282	+	1270.306)	/	2 )	/	2998.872	*	365
=	924.794					/	2998.872	*	365
=	112.56

Winall Hi-tech Seed Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (528.855	+	900.344)	/	2 )	/	553.891	*	365 / 4
=	714.5995					/	553.891	*	365 / 4
=	117.73

Winall Hi-tech Seed Co Days Payable Related Terms

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Winall Hi-tech Seed Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Winall Hi-tech Seed Co Ltd (SZSE:300087) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Tian Chi Road, Hefei High-tech Industrial Development Zone No 3, Hefei, CHN, 230088

Website

http://www.winallseed.com

Winall Hi-tech Seed Co Ltd is a seed company. It is engaged in the breeding of various crop seeds in China. The company produces hybrid rice varieties from double cropping; and three-line two-line hybrid rice varieties, as well as corn, wheat, cottonseed oil, vegetables, west melon, pumpkin, and other crop seeds.

Executives

Zhang Qin	Directors, executives
Jiang San Qiao	Executives
Zhang Cong He	Executives
Zhu Quan Gui	Executives
Gao Sheng Cong	Executives
Jia Gui Lan	Director
Chen Jin Jie	Director
Wang Jin	Directors, executives
Feng Qi	Supervisors
Xu Wen Jian	Director
Gao Jian	Director
Wang Qun	Executives
Li Cheng Quan	Director
Jiang Xiao Min	Supervisors

Winall Hi-tech Seed Co Headlines

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