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Wuhan East Lake High Technology Group Co (SHSE:600133) Days Payable : 662.50 (As of Mar. 2024)


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What is Wuhan East Lake High Technology Group Co Days Payable?

Wuhan East Lake High Technology Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,810 Mil. Wuhan East Lake High Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥249 Mil. Hence, Wuhan East Lake High Technology Group Co's Days Payable for the three months ended in Mar. 2024 was 662.50.

The historical rank and industry rank for Wuhan East Lake High Technology Group Co's Days Payable or its related term are showing as below:

SHSE:600133' s Days Payable Range Over the Past 10 Years
Min: 153.76   Med: 223.46   Max: 355.04
Current: 221.86

During the past 13 years, Wuhan East Lake High Technology Group Co's highest Days Payable was 355.04. The lowest was 153.76. And the median was 223.46.

SHSE:600133's Days Payable is ranked better than
84.7% of 1601 companies
in the Construction industry
Industry Median: 75.97 vs SHSE:600133: 221.86

Wuhan East Lake High Technology Group Co's Days Payable increased from Mar. 2023 (292.75) to Mar. 2024 (662.50). It may suggest that Wuhan East Lake High Technology Group Co delayed paying its suppliers.


Wuhan East Lake High Technology Group Co Days Payable Historical Data

The historical data trend for Wuhan East Lake High Technology 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.

* Premium members only.

Wuhan East Lake High Technology Group Co Days Payable Chart

Wuhan East Lake High Technology Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 239.00 187.61 169.37 207.92 153.76

Wuhan East Lake High Technology 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 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 292.75 288.45 214.87 167.53 662.50

Competitive Comparison of Wuhan East Lake High Technology Group Co's Days Payable

For the Engineering & Construction subindustry, Wuhan East Lake High Technology 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.


Wuhan East Lake High Technology Group Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wuhan East Lake High Technology Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wuhan East Lake High Technology Group Co's Days Payable falls into.



Wuhan East Lake High Technology 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.

Wuhan East Lake High Technology 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
=( (8883.544 + 1957.395) / 2 ) / 12867.432*365
=5420.4695 / 12867.432*365
=153.76

Wuhan East Lake High Technology 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
=( (1957.395 + 1663.117) / 2 ) / 249.339*365 / 4
=1810.256 / 249.339*365 / 4
=662.50

* 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.


Wuhan East Lake High Technology Group Co Days Payable Related Terms

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Wuhan East Lake High Technology Group Co (SHSE:600133) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Huaguan Avenue, Donghu Gaoxin Building, Hongshan District, Wuhan, Hubei, CHN, 430074
Wuhan East Lake High Technology Group Co Ltd is a China-based company engaged in the engineering construction business. It is also engaged in the construction and operation of technology parks, as well as environmental technology business. Its engineering construction business mainly includes road and bridge contracting and construction; its environmental protection technology business mainly includes atmospheric treatment, sewage treatment, and water environment treatment; its science and technology park related business mainly include the investment, promotion, and operation of the science parks.
Executives
Lin Cheng Feng Supervisors

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