WELX (Winland Holdings) Days Payable: 52.17 (As of Jun. 2017)


What is Winland Holdings Days Payable?

Winland Holdings WELX Days Payable is 52.17 as of Jun. 2017.

Winland Holdings's average Accounts Payable for the three months ended in Jun. 2017 was $0.32 Mil. Winland Holdings's Cost of Goods Sold for the three months ended in Jun. 2017 was $0.56 Mil. Hence, Winland Holdings's Days Payable for the three months ended in Jun. 2017 was 52.17.

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

WELX's Days Payable is not ranked *
in the Hardware industry.
Industry Median: 69.935
* Ranked among companies with meaningful Days Payable only.

Winland Holdings's Days Payable declined from Jun. 2016 (61.69) to Jun. 2017 (52.17). It may suggest that Winland Holdings accelerated paying its suppliers.

Winland Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Winland Holdings'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.

Winland Holdings Days Payable Chart

Winland Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.31 51.93 38.44 60.33 60.94

Winland Holdings Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 61.69 53.31 43.56 42.95 52.17

WELX vs TRCK, IMLE, EMRN: Days Payable Comparison

For the Scientific & Technical Instruments subindustry, Winland Holdings'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.

Winland Holdings Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Winland Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Winland Holdings's Days Payable falls into.


Winland Holdings 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.

Winland Holdings's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (0.536 + 0.263) / 2 ) / 2.393*365
=0.3995 / 2.393*365
=60.94

Winland Holdings's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable (Q: Jun. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2017 ) + Accounts Payable (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (0.316 + 0.322) / 2 ) / 0.558*365 / 4
=0.319 / 0.558*365 / 4
=52.17

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 52.17 mean?
Winland Holdings (WELX) has a Days Payable of 52.17 as of Jun. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Winland Holdings and its competitors.
Is Winland Holdings' Days Payable too high?
Winland Holdings' current Days Payable is 52.17. The Hardware industry median Days Payable is 69.94. Winland Holdings' value of 52.17 is 25.4% below this industry median.
How does Winland Holdings' Days Payable compare to TRCK and IMLE?
Winland Holdings' Days Payable of 52.17 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.94. Winland Holdings' value of 52.17 is 25.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,440 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Winland Holdings's current Days Payable of 52.17 is 25.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Winland Holdings and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winland Holdings's current Days Payable is 52.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winland Holdings stock overvalued right now?
Winland Holdings (WELX) has a current Days Payable of 52.17. The current Days Payable is 52.17 and 25.4% below the Hardware industry median of 69.94. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Winland Holdings (WELX), the current Days Payable is 52.17 as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Winland Holdings Business Description

Address 424 North Riverfront Drive, Suite 110, Mankato, MN, USA, 56001
Winland Holdings Corp designs and develops critical condition monitoring devices, including EnviroAlert Professional, EnviroAlert, WaterBug, TempAlert, and Power Out Alert, to protect assets from risks such as water damage, humidity, temperature extremes, and power loss across industries such as agriculture, construction, healthcare, and manufacturing. Its products are marketed through an international network of distributors, dealers, and integrators and are compatible with hardwired or wireless alarm systems. The company also offers INSIGHT, a cloud-based monitoring platform providing alerting, reporting, and logging services. It operates through three segments: Winland Electronics, which generates the majority of revenue, Winland Capital Corp., and Winland Mining.