Shantou Wanshun New Material Group Co (SZSE:300057) Days Payable : 118.00 (As of Mar. 2024)

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What is Shantou Wanshun New Material Group Co Days Payable?

Shantou Wanshun New Material Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,571 Mil. Shantou Wanshun New Material Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,215 Mil. Hence, Shantou Wanshun New Material Group Co's Days Payable for the three months ended in Mar. 2024 was 118.00.

The historical rank and industry rank for Shantou Wanshun New Material Group Co's Days Payable or its related term are showing as below:

SZSE:300057' s Days Payable Range Over the Past 10 Years
Min: 97.48 Med: 135.54 Max: 154.34
Current: 97.49

During the past 13 years, Shantou Wanshun New Material Group Co's highest Days Payable was 154.34. The lowest was 97.48. And the median was 135.54.

SZSE:300057's Days Payable is ranked better than
76.5% of 366 companies
in the Packaging & Containers industry
Industry Median: 59.19 vs SZSE:300057: 97.49

Shantou Wanshun New Material Group Co's Days Payable increased from Mar. 2023 (109.73) to Mar. 2024 (118.00). It may suggest that Shantou Wanshun New Material Group Co delayed paying its suppliers.

Shantou Wanshun New Material Group Co Days Payable Historical Data

The historical data trend for Shantou Wanshun New Material 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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Shantou Wanshun New Material Group Co Days Payable Chart

Shantou Wanshun New Material Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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143.16

133.88

115.47

97.48

109.63

Shantou Wanshun New Material 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															109.73	86.79	88.91	100.94	118.00

Competitive Comparison of Shantou Wanshun New Material Group Co's Days Payable

For the Packaging & Containers subindustry, Shantou Wanshun New Material 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.

Shantou Wanshun New Material Group Co's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shantou Wanshun New Material Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shantou Wanshun New Material Group Co's Days Payable falls into.

Shantou Wanshun New Material 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.

Shantou Wanshun New Material 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
=	( (1312.275	+	1703.949)	/	2 )	/	5021.209	*	365
=	1508.112					/	5021.209	*	365
=	109.63

Shantou Wanshun New Material 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
=	( (1703.949	+	1437.53)	/	2 )	/	1214.648	*	365 / 4
=	1570.7395					/	1214.648	*	365 / 4
=	118.00

Shantou Wanshun New Material Group Co Days Payable Related Terms

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Shantou Wanshun New Material Group Co (SZSE:300057) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shantou Wanshun New Material Group Co Ltd (SZSE:300057) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shantou Free Trade Zone, Wanshun Industrial Park, Guangdong Province, Shantou, CHN, 515078

Website

http://www.wanshun.cn

Shantou Wanshun New Material Group Co Ltd, formerly known as Shantou Wanshun Package Material Stock Co Ltd is a China-based company engaged in producing eco-friendly packaging material, high-precision aluminum foil, and functional film. The products offered by the company are intelligent light control film, ITO conductive film, high resistance diaphragm, aluminized film, intelligent electronically controlled liquid crystal film, and others.

Executives

Du Cheng Cheng	Directors, executives
Zhang Ji Hui	Independent director
Zhou Qian Wen	Director
Cai Yi Ran	Director
Yang Shi Zhe	Securities Affairs Representative
Han Xiao	Directors, executives, representatives of securiti

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