Weima Agricultural Machinery Co (SZSE:301533) Days Payable : 92.27 (As of Mar. 2025)

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What is Weima Agricultural Machinery Co Days Payable?

Weima Agricultural Machinery Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥149.3 Mil. Weima Agricultural Machinery Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥147.6 Mil. Hence, Weima Agricultural Machinery Co's Days Payable for the three months ended in Mar. 2025 was 92.27.

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

SZSE:301533' s Days Payable Range Over the Past 10 Years
Min: 60.02 Med: 66.35 Max: 77.43
Current: 67.62

During the past 7 years, Weima Agricultural Machinery Co's highest Days Payable was 77.43. The lowest was 60.02. And the median was 66.35.

SZSE:301533's Days Payable is ranked worse than
50.24% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 67.62 vs SZSE:301533: 67.62

Weima Agricultural Machinery Co's Days Payable increased from Mar. 2024 (63.12) to Mar. 2025 (92.27). It may suggest that Weima Agricultural Machinery Co delayed paying its suppliers.

Weima Agricultural Machinery Co Days Payable Historical Data

The historical data trend for Weima Agricultural Machinery 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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Weima Agricultural Machinery Co Days Payable Chart

Weima Agricultural Machinery Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

65.81

65.06

77.43

60.02

67.54

Weima Agricultural Machinery Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial													63.12	56.26	64.00	82.14	92.27

Competitive Comparison of Weima Agricultural Machinery Co's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Weima Agricultural Machinery 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.

Weima Agricultural Machinery Co's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Weima Agricultural Machinery Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Weima Agricultural Machinery Co's Days Payable falls into.

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Weima Agricultural Machinery 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.

Weima Agricultural Machinery 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
=	( (105.277	+	177.876)	/	2 )	/	765.114	*	365
=	141.5765					/	765.114	*	365
=	67.54

Weima Agricultural Machinery 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
=	( (177.876	+	120.689)	/	2 )	/	147.639	*	365 / 4
=	149.2825					/	147.639	*	365 / 4
=	92.27

Weima Agricultural Machinery Co Days Payable Related Terms

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Weima Agricultural Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Weima Agricultural Machinery Co Ltd (SZSE:301533) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Area B, Luohuang Industrial Park, Jiangjin District, Chongqing, CHN, 402283

Website

http://cn.weimapower.com

Weima Agricultural Machinery Co Ltd is engaged in the research and development, design, manufacturing and sales of mountain and hilly agricultural machinery and other power machinery products.

Weima Agricultural Machinery Co Headlines

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