WLGSF (WANG & LEE Group) Days Payable: 68.92 (As of Dec. 2024)


What is WANG & LEE Group Days Payable?

WANG & LEE Group WLGSF Days Payable is 68.92 as of Dec. 2024.

WANG & LEE Group's average Accounts Payable for the six months ended in Dec. 2024 was $0.61 Mil. WANG & LEE Group's Cost of Goods Sold for the six months ended in Dec. 2024 was $1.60 Mil. Hence, WANG & LEE Group's Days Payable for the six months ended in Dec. 2024 was 68.92.

The historical rank and industry rank for WANG & LEE Group's Days Payable or its related term are showing as below:

WLGSF's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.78
* Ranked among companies with meaningful Days Payable only.

WANG & LEE Group's Days Payable increased from Dec. 2023 (50.06) to Dec. 2024 (68.92). It may suggest that WANG & LEE Group delayed paying its suppliers.

WANG & LEE Group Days Payable Historical Data

* Premium members only.

The historical data trend for WANG & LEE Group'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.

WANG & LEE Group Days Payable Chart

WANG & LEE Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
80.78 79.91 88.01 87.15 88.41

WANG & LEE Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only 49.40 118.38 50.06 85.18 68.92

WLGSF vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, WANG & LEE Group'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.

WANG & LEE Group Days Payable vs Construction Industry

For the Construction industry and Industrials sector, WANG & LEE Group's Days Payable distribution charts can be found below:

* The bar in red indicates where WANG & LEE Group's Days Payable falls into.


WANG & LEE Group 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.

WANG & LEE Group'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
=( (1.157 + 0.558) / 2 ) / 3.54*365
=0.8575 / 3.54*365
=88.41

WANG & LEE Group's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0.652 + 0.558) / 2 ) / 1.602*365 / 2
=0.605 / 1.602*365 / 2
=68.92

* 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 68.92 mean?
WANG & LEE Group (WLGSF) has a Days Payable of 68.92 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on WANG & LEE Group and its competitors.
Is WANG & LEE Group's Days Payable too high?
WANG & LEE Group's current Days Payable is 68.92. The Construction industry median Days Payable is 76.78. WANG & LEE Group's value of 68.92 is 10.2% below this industry median.
How does WANG & LEE Group's Days Payable compare to PWR and FIX?
WANG & LEE Group's Days Payable of 68.92 can be compared against companies in the Construction industry. The industry median Days Payable is 76.78. WANG & LEE Group's value of 68.92 is 10.2% 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 Construction company?
The median Days Payable among Construction companies is 76.78, based on 1,715 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. WANG & LEE Group's current Days Payable of 68.92 is 10.2% 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 WANG & LEE Group and its competitors. For the Construction industry, the median Days Payable is 76.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WANG & LEE Group's current Days Payable is 68.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WANG & LEE Group stock overvalued right now?
WANG & LEE Group (WLGSF) has a current Days Payable of 68.92. The current Days Payable is 68.92 and 10.2% below the Construction industry median of 76.78. 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 WANG & LEE Group (WLGSF), the current Days Payable is 68.92 as of Dec. 2024. 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.

WANG & LEE Group Business Description

Address 3 Tai Yip Street, 5th & 6th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED. WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, water supply and sewage disposal systems, and site project management.