Wuhan DR Laser Technology (SZSE:300776) Days Payable : 245.77 (As of Mar. 2024)

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What is Wuhan DR Laser Technology Days Payable?

Wuhan DR Laser Technology's average Accounts Payable for the three months ended in Mar. 2024 was ¥623 Mil. Wuhan DR Laser Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥231 Mil. Hence, Wuhan DR Laser Technology's Days Payable for the three months ended in Mar. 2024 was 245.77.

The historical rank and industry rank for Wuhan DR Laser Technology's Days Payable or its related term are showing as below:

SZSE:300776' s Days Payable Range Over the Past 10 Years
Min: 38.69 Med: 88.7 Max: 223.11
Current: 223.11

During the past 11 years, Wuhan DR Laser Technology's highest Days Payable was 223.11. The lowest was 38.69. And the median was 88.70.

SZSE:300776's Days Payable is ranked better than
89.43% of 2922 companies
in the Industrial Products industry
Industry Median: 76.705 vs SZSE:300776: 223.11

Wuhan DR Laser Technology's Days Payable increased from Mar. 2023 (155.09) to Mar. 2024 (245.77). It may suggest that Wuhan DR Laser Technology delayed paying its suppliers.

Wuhan DR Laser Technology Days Payable Historical Data

The historical data trend for Wuhan DR Laser Technology'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.

Wuhan DR Laser Technology Days Payable Chart

Wuhan DR Laser Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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87.34

56.97

64.80

110.10

212.16

Wuhan DR Laser Technology 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															155.09	236.34	208.22	238.82	245.77

Competitive Comparison of Wuhan DR Laser Technology's Days Payable

For the Specialty Industrial Machinery subindustry, Wuhan DR Laser Technology'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.

Wuhan DR Laser Technology's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuhan DR Laser Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Wuhan DR Laser Technology's Days Payable falls into.

Wuhan DR Laser Technology 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.

Wuhan DR Laser Technology'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
=	( (288.341	+	677.165)	/	2 )	/	830.536	*	365
=	482.753					/	830.536	*	365
=	212.16

Wuhan DR Laser Technology'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
=	( (677.165	+	568.9)	/	2 )	/	231.323	*	365 / 4
=	623.0325					/	231.323	*	365 / 4
=	245.77

Wuhan DR Laser Technology Days Payable Related Terms

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Wuhan DR Laser Technology (SZSE:300776) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuhan DR Laser Technology Corp Ltd (SZSE:300776) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4, Road 2 Huashi Park, Optical Valley, East Lake High-tech Development Zone, Wuhan, CHN, 430223

Website

http://www.drlaser.com.cn

Wuhan DR Laser Technology Corp Ltd is a laser equipment manufacturer. The company develops, manufactures, sales and serves the laser equipments focused on solar cell applications. It also provides the customer with various of laser related equipment such as the ITO Laser Machine, Laser Cutting and Drilling for OGS Screen Glass and Ceramic Plate Cutting.

Executives

Duan Xiao Ting	Directors, executives
Li Zhi Gang	Directors, executives
Liu Zhi Bo	Directors, executives
Zhu Fan	Directors, executives
Peng Xin Bo	Supervisors

Wuhan DR Laser Technology (SZSE:300776) Headlines

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