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GuangZhou Wahlap Technology Co (SZSE:301011) Days Payable : 88.09 (As of Sep. 2024)


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What is GuangZhou Wahlap Technology Co Days Payable?

GuangZhou Wahlap Technology Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥191.4 Mil. GuangZhou Wahlap Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥198.3 Mil. Hence, GuangZhou Wahlap Technology Co's Days Payable for the three months ended in Sep. 2024 was 88.09.

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

SZSE:301011' s Days Payable Range Over the Past 10 Years
Min: 96.58   Med: 166.62   Max: 218.48
Current: 96.58

During the past 9 years, GuangZhou Wahlap Technology Co's highest Days Payable was 218.48. The lowest was 96.58. And the median was 166.62.

SZSE:301011's Days Payable is ranked better than
61.81% of 432 companies
in the Interactive Media industry
Industry Median: 60.935 vs SZSE:301011: 96.58

GuangZhou Wahlap Technology Co's Days Payable declined from Sep. 2023 (96.94) to Sep. 2024 (88.09). It may suggest that GuangZhou Wahlap Technology Co accelerated paying its suppliers.

GuangZhou Wahlap Technology Co Days Payable Historical Data

The historical data trend for GuangZhou Wahlap Technology 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.

* Premium members only.

GuangZhou Wahlap Technology Co Days Payable Chart

GuangZhou Wahlap Technology Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only - 218.48 174.13 162.98 119.67

GuangZhou Wahlap Technology 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.94 99.07 106.97 94.60 88.09

Competitive Comparison of GuangZhou Wahlap Technology Co's Days Payable

For the Electronic Gaming & Multimedia subindustry, GuangZhou Wahlap Technology 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.

GuangZhou Wahlap Technology Co's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GuangZhou Wahlap Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where GuangZhou Wahlap Technology Co's Days Payable falls into.


GuangZhou Wahlap Technology 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.

GuangZhou Wahlap Technology 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
=( (194.799 + 187.117) / 2 ) / 582.427*365
=190.958 / 582.427*365
=119.67

GuangZhou Wahlap Technology 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
=( (187.671 + 195.162) / 2 ) / 198.278*365 / 4
=191.4165 / 198.278*365 / 4
=88.09

* 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.

GuangZhou Wahlap Technology Co Days Payable Related Terms

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GuangZhou Wahlap Technology Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GuangZhou Wahlap Technology Co Ltd (SZSE:301011) » Definitions » Days Payable
Comparable Companies
SZSE:300467 SZSE:300518 SZSE:002425 SZSE:300052 SHSE:603258 SZSE:300533 SZSE:002354 SZSE:300113 SZSE:002174 SZSE:300315 MEX:ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697
Traded in Other Exchanges
N/A
Address
No. 28, Lianyun Erheng Road, Shiqi Town, Panyu District, Guangdong Province, Guangzhou, CHN, 511450
Website
http://www.wahlap.com
GuangZhou Wahlap Technology Co Ltd is engaged in the design, research and development, production, sales, and operation of game entertainment equipment.
Executives
Su Ben Li Directors, executives

GuangZhou Wahlap Technology Co Headlines

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