Wuxi Lihu (SZSE:300694) Days Payable : 77.96 (As of Jun. 2024)

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What is Wuxi Lihu Days Payable?

Wuxi Lihu's average Accounts Payable for the three months ended in Jun. 2024 was ¥277 Mil. Wuxi Lihu's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥324 Mil. Hence, Wuxi Lihu's Days Payable for the three months ended in Jun. 2024 was 77.96.

The historical rank and industry rank for Wuxi Lihu's Days Payable or its related term are showing as below:

SZSE:300694' s Days Payable Range Over the Past 10 Years
Min: 73.73 Med: 132.72 Max: 240.19
Current: 73.73

During the past 10 years, Wuxi Lihu's highest Days Payable was 240.19. The lowest was 73.73. And the median was 132.72.

SZSE:300694's Days Payable is ranked worse than
51.32% of 2944 companies
in the Industrial Products industry
Industry Median: 75.425 vs SZSE:300694: 73.73

Wuxi Lihu's Days Payable increased from Jun. 2023 (61.96) to Jun. 2024 (77.96). It may suggest that Wuxi Lihu delayed paying its suppliers.

Wuxi Lihu Days Payable Historical Data

The historical data trend for Wuxi Lihu'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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Wuxi Lihu Days Payable Chart

Wuxi Lihu Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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132.72

118.93

93.20

87.53

76.35

Wuxi Lihu Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															61.96	67.48	70.67	83.80	77.96

Competitive Comparison of Wuxi Lihu's Days Payable

For the Specialty Industrial Machinery subindustry, Wuxi Lihu'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.

Wuxi Lihu's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Lihu's Days Payable distribution charts can be found below:

* The bar in red indicates where Wuxi Lihu's Days Payable falls into.

Wuxi Lihu 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.

Wuxi Lihu'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
=	( (244.676	+	318.823)	/	2 )	/	1346.986	*	365
=	281.7495					/	1346.986	*	365
=	76.35

Wuxi Lihu's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (285.382	+	268.021)	/	2 )	/	323.856	*	365 / 4
=	276.7015					/	323.856	*	365 / 4
=	77.96

Wuxi Lihu Days Payable Related Terms

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Wuxi Lihu Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuxi Lihu Corp Ltd (SZSE:300694) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Tianzhu Road, Hutun Town, Binhu District, Wuxi, CHN, 214124

Website

http://www.chinalihu.com

Wuxi Lihu Corp Ltd, formerly Wuxi Wuhu Pressurization Technology Co Ltd is engaged in the development, production and sales of turbocharger components. Its products include compressor housings, elbows, lamps, and others. Geographically the activities are carried out through China.

Executives

Liu Jing Hua	Director
Wu Chang Ming	Executives

Wuxi Lihu Headlines

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