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Wintao Communications Co (SZSE:301139) Days Payable : 108.65 (As of Mar. 2024)


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What is Wintao Communications Co Days Payable?

Wintao Communications Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥440 Mil. Wintao Communications Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥369 Mil. Hence, Wintao Communications Co's Days Payable for the three months ended in Mar. 2024 was 108.65.

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

SZSE:301139' s Days Payable Range Over the Past 10 Years
Min: 2.02   Med: 96.01   Max: 125.94
Current: 105.28

During the past 9 years, Wintao Communications Co's highest Days Payable was 125.94. The lowest was 2.02. And the median was 96.01.

SZSE:301139's Days Payable is ranked better than
50.14% of 345 companies
in the Telecommunication Services industry
Industry Median: 104.28 vs SZSE:301139: 105.28

Wintao Communications Co's Days Payable declined from Mar. 2023 (117.90) to Mar. 2024 (108.65). It may suggest that Wintao Communications Co accelerated paying its suppliers.


Wintao Communications Co Days Payable Historical Data

The historical data trend for Wintao Communications 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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Wintao Communications Co Days Payable Chart

Wintao Communications Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 95.81 109.20 125.94 114.37 124.10

Wintao Communications Co Quarterly Data
Dec17 Dec18 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 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 117.90 119.50 152.93 70.88 108.65

Competitive Comparison of Wintao Communications Co's Days Payable

For the Telecom Services subindustry, Wintao Communications 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.


Wintao Communications Co's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Wintao Communications Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wintao Communications Co's Days Payable falls into.



Wintao Communications 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.

Wintao Communications 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
=( (580.253 + 447.511) / 2 ) / 1511.45*365
=513.882 / 1511.45*365
=124.10

Wintao Communications 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
=( (447.511 + 431.824) / 2 ) / 369.247*365 / 4
=439.6675 / 369.247*365 / 4
=108.65

* 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.


Wintao Communications Co Days Payable Related Terms

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Wintao Communications Co (SZSE:301139) Business Description

Traded in Other Exchanges
N/A
Address
No. 567, Dongrong Street, North District, Urumqi High-tech Industrial Development Zone, 10th Floor, South Tower, High-tech Talent Building, Uygur Autonomous Region, Xinjiang, CHN, 830013
Wintao Communications Co Ltd is a communication technology service provider. It offers communication network maintenance and optimization and communication network construction.

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