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Winning Health Technology Group Co (SZSE:300253) Days Payable : 180.10 (As of Mar. 2024)


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What is Winning Health Technology Group Co Days Payable?

Winning Health Technology Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥647 Mil. Winning Health Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥328 Mil. Hence, Winning Health Technology Group Co's Days Payable for the three months ended in Mar. 2024 was 180.10.

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

SZSE:300253' s Days Payable Range Over the Past 10 Years
Min: 95.43   Med: 113.02   Max: 134.02
Current: 124.57

During the past 13 years, Winning Health Technology Group Co's highest Days Payable was 134.02. The lowest was 95.43. And the median was 113.02.

SZSE:300253's Days Payable is ranked better than
73.94% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.58 vs SZSE:300253: 124.57

Winning Health Technology Group Co's Days Payable increased from Mar. 2023 (169.59) to Mar. 2024 (180.10). It may suggest that Winning Health Technology Group Co delayed paying its suppliers.


Winning Health Technology Group Co Days Payable Historical Data

The historical data trend for Winning Health 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.

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Winning Health Technology Group Co Days Payable Chart

Winning Health 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 95.43 119.59 110.54 115.50 134.02

Winning Health 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 169.59 124.99 138.46 91.62 180.10

Competitive Comparison of Winning Health Technology Group Co's Days Payable

For the Health Information Services subindustry, Winning Health 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.


Winning Health Technology Group Co's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Winning Health Technology Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Winning Health Technology Group Co's Days Payable falls into.



Winning Health 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.

Winning Health 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
=( (602.974 + 674.686) / 2 ) / 1739.818*365
=638.83 / 1739.818*365
=134.02

Winning Health 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
=( (674.686 + 619.315) / 2 ) / 327.81*365 / 4
=647.0005 / 327.81*365 / 4
=180.10

* 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.


Winning Health Technology Group Co Days Payable Related Terms

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Winning Health Technology Group Co (SZSE:300253) Business Description

Traded in Other Exchanges
N/A
Address
No. 3388 Gonghe New Road, F/8, Yongding Plaza, Shanghai, CHN, 200436
Winning Health Technology Group Co Ltd is a China-based company engages in the research, development, manufacture, and sale of software, computers, and its auxiliary equipment; and provision of computer network maintenance and technical services. It also provides regional health information platform, an integrated service platform that integrates hardware network infrastructure, data center, data exchange, and business services.

Winning Health Technology Group Co (SZSE:300253) Headlines

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