Wens Foodstuff Group Co (SZSE:300498) Days Payable : 47.11 (As of Mar. 2024)

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What is Wens Foodstuff Group Co Days Payable?

Wens Foodstuff Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥10,907 Mil. Wens Foodstuff Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥21,128 Mil. Hence, Wens Foodstuff Group Co's Days Payable for the three months ended in Mar. 2024 was 47.11.

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

SZSE:300498' s Days Payable Range Over the Past 10 Years
Min: 16.2 Med: 20.34 Max: 40.36
Current: 40.36

During the past 13 years, Wens Foodstuff Group Co's highest Days Payable was 40.36. The lowest was 16.20. And the median was 20.34.

SZSE:300498's Days Payable is ranked worse than
56.74% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.59 vs SZSE:300498: 40.36

Wens Foodstuff Group Co's Days Payable increased from Mar. 2023 (32.41) to Mar. 2024 (47.11). It may suggest that Wens Foodstuff Group Co delayed paying its suppliers.

Wens Foodstuff Group Co Days Payable Historical Data

The historical data trend for Wens Foodstuff Group 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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Wens Foodstuff Group Co Days Payable Chart

Wens Foodstuff Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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18.85

20.60

28.30

36.98

38.04

Wens Foodstuff Group Co Quarterly Data
	Jun19	Sep19	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															32.41	34.43	41.92	40.69	47.11

Competitive Comparison of Wens Foodstuff Group Co's Days Payable

For the Farm Products subindustry, Wens Foodstuff Group 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.

Wens Foodstuff Group Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wens Foodstuff Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wens Foodstuff Group Co's Days Payable falls into.

Wens Foodstuff Group 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.

Wens Foodstuff Group 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
=	( (7555.129	+	11026.68)	/	2 )	/	89147.024	*	365
=	9290.9045					/	89147.024	*	365
=	38.04

Wens Foodstuff Group 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
=	( (11026.68	+	10788.23)	/	2 )	/	21127.598	*	365 / 4
=	10907.455					/	21127.598	*	365 / 4
=	47.11

Wens Foodstuff Group Co Days Payable Related Terms

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Wens Foodstuff Group Co (SZSE:300498) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wens Foodstuff Group Co Ltd (SZSE:300498) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Dongdi North Road, Xincheng Town, Xinxing County, Guangdong Province, Yunfu, CHN, 527400

Website

https://www.wens.com.cn

Wens Foodstuff Group Co Ltd operates as a livestock and poultry farming company in China. The company offers fresh meat products and processed products, including chicken, pig, duck, milk, egg, cooked chicken, deep-sea fish, sheep, pigeons, and other products. It also provides raw milk; and finished milk, such as pasteurized milk, fermented milk, sterilized milk, milk-containing beverages, and other various categories of products.

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