Western Superconducting Technologies Co (SHSE:688122) Days Payable : 296.32 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Western Superconducting Technologies Co Days Payable?

Western Superconducting Technologies Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,844 Mil. Western Superconducting Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥568 Mil. Hence, Western Superconducting Technologies Co's Days Payable for the three months ended in Mar. 2024 was 296.32.

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

SHSE:688122' s Days Payable Range Over the Past 10 Years
Min: 125.53 Med: 178.15 Max: 239.19
Current: 239.19

During the past 13 years, Western Superconducting Technologies Co's highest Days Payable was 239.19. The lowest was 125.53. And the median was 178.15.

SHSE:688122's Days Payable is ranked better than
91.32% of 2925 companies
in the Industrial Products industry
Industry Median: 76.55 vs SHSE:688122: 239.19

Western Superconducting Technologies Co's Days Payable increased from Mar. 2023 (290.19) to Mar. 2024 (296.32). It may suggest that Western Superconducting Technologies Co delayed paying its suppliers.

Western Superconducting Technologies Co Days Payable Historical Data

The historical data trend for Western Superconducting Technologies 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.

Western Superconducting Technologies Co Days Payable Chart

Western Superconducting Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

208.21

175.98

180.32

199.45

231.50

Western Superconducting Technologies 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															290.19	207.47	255.78	210.57	296.32

Competitive Comparison of Western Superconducting Technologies Co's Days Payable

For the Metal Fabrication subindustry, Western Superconducting Technologies 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.

Western Superconducting Technologies Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Western Superconducting Technologies Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Western Superconducting Technologies Co's Days Payable falls into.

Western Superconducting Technologies 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.

Western Superconducting Technologies 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
=	( (1736.687	+	1857.262)	/	2 )	/	2833.235	*	365
=	1796.9745					/	2833.235	*	365
=	231.50

Western Superconducting Technologies 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
=	( (1857.262	+	1829.767)	/	2 )	/	567.708	*	365 / 4
=	1843.5145					/	567.708	*	365 / 4
=	296.32

Western Superconducting Technologies Co Days Payable Related Terms

Thank you for viewing the detailed overview of Western Superconducting Technologies Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Western Superconducting Technologies Co (SHSE:688122) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Western Superconducting Technologies Co Ltd (SHSE:688122) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12, Mingguang Road, Economic and Technological Development Zone, Shaanxi Province, Xi'an, CHN, 710018

Website

http://www.c-wst.com

Western Superconducting Technologies Co Ltd is engaged in the development, production and sales of high-end titanium alloy materials, superconducting products and high-performance superalloy materials. Geographically, the business presence of the group can be seen in both Chinese and international market.

Western Superconducting Technologies Co (SHSE:688122) Headlines

No Headlines