Weiye Construction Group Co (SZSE:300621) Days Payable : 241.94 (As of Mar. 2024)

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What is Weiye Construction Group Co Days Payable?

Weiye Construction Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥9,888 Mil. Weiye Construction Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,729 Mil. Hence, Weiye Construction Group Co's Days Payable for the three months ended in Mar. 2024 was 241.94.

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

SZSE:300621' s Days Payable Range Over the Past 10 Years
Min: 147.71 Med: 206.14 Max: 334.04
Current: 221.53

During the past 12 years, Weiye Construction Group Co's highest Days Payable was 334.04. The lowest was 147.71. And the median was 206.14.

SZSE:300621's Days Payable is ranked better than
84.68% of 1599 companies
in the Construction industry
Industry Median: 75.97 vs SZSE:300621: 221.53

Weiye Construction Group Co's Days Payable increased from Mar. 2023 (219.04) to Mar. 2024 (241.94). It may suggest that Weiye Construction Group Co delayed paying its suppliers.

Weiye Construction Group Co Days Payable Historical Data

The historical data trend for Weiye Construction 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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Weiye Construction Group Co Days Payable Chart

Weiye Construction Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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180.95

226.62

185.66

179.93

229.12

Weiye Construction 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															219.04	192.54	215.13	250.48	241.94

Competitive Comparison of Weiye Construction Group Co's Days Payable

For the Engineering & Construction subindustry, Weiye Construction 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.

Weiye Construction Group Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Weiye Construction Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Weiye Construction Group Co's Days Payable falls into.

Weiye Construction 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.

Weiye Construction 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
=	( (8404.879	+	10068.854)	/	2 )	/	14714.987	*	365
=	9236.8665					/	14714.987	*	365
=	229.12

Weiye Construction 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
=	( (10068.854	+	9706.516)	/	2 )	/	3729.192	*	365 / 4
=	9887.685					/	3729.192	*	365 / 4
=	241.94

Weiye Construction Group Co Days Payable Related Terms

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Weiye Construction Group Co (SZSE:300621) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Weiye Construction Group Co Ltd (SZSE:300621) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

West of Xinzhou Road, Podium of Jingzhou Building, Futian District, Guangdong Province, Shenzhen, CHN

Website

http://www.szweiye.com

Weiye Construction Group Co Ltd formerly Shenzhen Weiye Decoration Group Co Ltd is engaged in the field of domestic architecture decoration in China. The company mainly provides decorative design and construction services for large real estate, government agencies, large enterprises and high-end hotels. It services include building decoration works; curtain wall for building; the electrical and mechanical design consultant and intelligence service; steel structure engineering comprising industrial, civil construction and other projects.

Executives

Luo Hua Lin	Executives
Shen Qian	Executives
Wei Zhi Hui	Executives
Zhan Feng	Securities Affairs Representative
Luo Lie Fa	Director
Luo Xi Bin	Executives
Li Jian Qiang	Directors, executives
Hu Jian Feng	Executives
Peng Jin Cui	Director
Zhang Ji Jun	Directors, Directors, and Executives

Weiye Construction Group Co (SZSE:300621) Headlines

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