Wuliangye Yibin Co (SZSE:000858) Days Payable : 171.46 (As of Sep. 2023)

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What is Wuliangye Yibin Co Days Payable?

Wuliangye Yibin Co's average Accounts Payable for the three months ended in Sep. 2023 was ¥8,510 Mil. Wuliangye Yibin Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥4,529 Mil. Hence, Wuliangye Yibin Co's Days Payable for the three months ended in Sep. 2023 was 171.46.

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

SZSE:000858' s Days Payable Range Over the Past 10 Years
Min: 37.74 Med: 99.83 Max: 155.34
Current: 155.34

During the past 13 years, Wuliangye Yibin Co's highest Days Payable was 155.34. The lowest was 37.74. And the median was 99.83.

SZSE:000858's Days Payable is ranked better than
75.74% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 81.54 vs SZSE:000858: 155.34

Wuliangye Yibin Co's Days Payable declined from Sep. 2022 (187.31) to Sep. 2023 (171.46). It may suggest that Wuliangye Yibin Co accelerated paying its suppliers.

Wuliangye Yibin Co Days Payable Historical Data

The historical data trend for Wuliangye Yibin 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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Wuliangye Yibin Co Days Payable Chart

Wuliangye Yibin Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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127.63

103.26

96.40

116.55

144.67

Wuliangye Yibin Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															187.31	158.61	113.93	206.10	171.46

Competitive Comparison of Wuliangye Yibin Co's Days Payable

For the Beverages - Wineries & Distilleries subindustry, Wuliangye Yibin 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.

Wuliangye Yibin Co's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Wuliangye Yibin Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wuliangye Yibin Co's Days Payable falls into.

Wuliangye Yibin 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.

Wuliangye Yibin Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (6275.602	+	8134.773)	/	2 )	/	18178.426	*	365
=	7205.1875					/	18178.426	*	365
=	144.67

Wuliangye Yibin Co's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (8683.157	+	8336.223)	/	2 )	/	4528.807	*	365 / 4
=	8509.69					/	4528.807	*	365 / 4
=	171.46

Wuliangye Yibin Co Days Payable Related Terms

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Wuliangye Yibin Co (SZSE:000858) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Wuliangye Yibin Co Ltd (SZSE:000858) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.150, Minjiang West Road, Cuiping District, Sichuan Province, Yibin, CHN, 644007

Website

http://www.wuliangye.com.cn

Wuliangye Yibin is China's second-largest baijiu producer by revenue, with sales of CNY 74 billion in 2022 compared with CNY 124 billion for Moutai. Founded in the 1950s, Wuliangye is located in Yibin, Sichuan province, in southwest China. Its core product, 52-degree Wuliangye, is widely known as the best rice-flavored baijiu in the market. The high-quality products, extensive history and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins.

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