Zhuhai Winbase International Chemical Tank Terminal Co (SZSE:002492) Days Payable : 64.92 (As of Mar. 2024)

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What is Zhuhai Winbase International Chemical Tank Terminal Co Days Payable?

Zhuhai Winbase International Chemical Tank Terminal Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥33.8 Mil. Zhuhai Winbase International Chemical Tank Terminal Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥47.5 Mil. Hence, Zhuhai Winbase International Chemical Tank Terminal Co's Days Payable for the three months ended in Mar. 2024 was 64.92.

The historical rank and industry rank for Zhuhai Winbase International Chemical Tank Terminal Co's Days Payable or its related term are showing as below:

SZSE:002492' s Days Payable Range Over the Past 10 Years
Min: 55.86 Med: 115.36 Max: 188.74
Current: 127.47

During the past 13 years, Zhuhai Winbase International Chemical Tank Terminal Co's highest Days Payable was 188.74. The lowest was 55.86. And the median was 115.36.

SZSE:002492's Days Payable is ranked better than
73.14% of 901 companies
in the Oil & Gas industry
Industry Median: 60.37 vs SZSE:002492: 127.47

Zhuhai Winbase International Chemical Tank Terminal Co's Days Payable declined from Mar. 2023 (117.71) to Mar. 2024 (64.92). It may suggest that Zhuhai Winbase International Chemical Tank Terminal Co accelerated paying its suppliers.

Zhuhai Winbase International Chemical Tank Terminal Co Days Payable Historical Data

The historical data trend for Zhuhai Winbase International Chemical Tank Terminal 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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Zhuhai Winbase International Chemical Tank Terminal Co Days Payable Chart

Zhuhai Winbase International Chemical Tank Terminal Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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133.38

81.96

55.86

80.73

71.38

Zhuhai Winbase International Chemical Tank Terminal 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															117.71	176.97	195.94	99.49	64.92

Competitive Comparison of Zhuhai Winbase International Chemical Tank Terminal Co's Days Payable

For the Oil & Gas Midstream subindustry, Zhuhai Winbase International Chemical Tank Terminal 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.

Zhuhai Winbase International Chemical Tank Terminal Co's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Zhuhai Winbase International Chemical Tank Terminal Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhuhai Winbase International Chemical Tank Terminal Co's Days Payable falls into.

Zhuhai Winbase International Chemical Tank Terminal 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.

Zhuhai Winbase International Chemical Tank Terminal 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
=	( (50.724	+	31.153)	/	2 )	/	209.347	*	365
=	40.9385					/	209.347	*	365
=	71.38

Zhuhai Winbase International Chemical Tank Terminal 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
=	( (31.153	+	36.482)	/	2 )	/	47.533	*	365 / 4
=	33.8175					/	47.533	*	365 / 4
=	64.92

Zhuhai Winbase International Chemical Tank Terminal Co Days Payable Related Terms

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Zhuhai Winbase International Chemical Tank Terminal Co (SZSE:002492) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Zhuhai Winbase International Chemical Tank Terminal Co Ltd (SZSE:002492) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nanlan Bay, Gaolan Port Economic Zone, Guangdong, Zhuhai, CHN, 519050

Website

http://www.winbase-tank.com

Zhuhai Winbase International Chemical Tank Terminal Co Ltd is engaged in the terminal loading, unloading, warehousing, pipeline transportation, and bonded business of bulk liquid petrochemicals.

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