Wuhan Kotei Informatics Co (SZSE:301221) Days Payable : 68.90 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Wuhan Kotei Informatics Co Days Payable?

Wuhan Kotei Informatics Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥57.0 Mil. Wuhan Kotei Informatics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥75.5 Mil. Hence, Wuhan Kotei Informatics Co's Days Payable for the three months ended in Mar. 2024 was 68.90.

The historical rank and industry rank for Wuhan Kotei Informatics Co's Days Payable or its related term are showing as below:

SZSE:301221' s Days Payable Range Over the Past 10 Years
Min: 21.21 Med: 53.44 Max: 95
Current: 47.87

During the past 9 years, Wuhan Kotei Informatics Co's highest Days Payable was 95.00. The lowest was 21.21. And the median was 53.44.

SZSE:301221's Days Payable is ranked worse than
67.09% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 66.92 vs SZSE:301221: 47.87

Wuhan Kotei Informatics Co's Days Payable increased from Mar. 2023 (66.32) to Mar. 2024 (68.90). It may suggest that Wuhan Kotei Informatics Co delayed paying its suppliers.

Wuhan Kotei Informatics Co Days Payable Historical Data

The historical data trend for Wuhan Kotei Informatics 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.

* Premium members only.

Wuhan Kotei Informatics Co Days Payable Chart

Wuhan Kotei Informatics Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

27.86

59.06

87.01

69.11

53.44

Wuhan Kotei Informatics Co Quarterly Data
	Dec17	Dec18	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															66.32	45.20	62.41	33.39	68.90

Competitive Comparison of Wuhan Kotei Informatics Co's Days Payable

For the Auto Parts subindustry, Wuhan Kotei Informatics 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.

Wuhan Kotei Informatics Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wuhan Kotei Informatics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wuhan Kotei Informatics Co's Days Payable falls into.

Wuhan Kotei Informatics 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.

Wuhan Kotei Informatics 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
=	( (59.541	+	61.639)	/	2 )	/	413.869	*	365
=	60.59					/	413.869	*	365
=	53.44

Wuhan Kotei Informatics 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
=	( (61.639	+	52.366)	/	2 )	/	75.498	*	365 / 4
=	57.0025					/	75.498	*	365 / 4
=	68.90

Wuhan Kotei Informatics Co Days Payable Related Terms

Thank you for viewing the detailed overview of Wuhan Kotei Informatics Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Wuhan Kotei Informatics Co (SZSE:301221) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wuhan Kotei Informatics Co Ltd (SZSE:301221) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

South of Nanhu South Road, No. 208, 8th Floor, Building 2, Optics Valley Software Park Phase 6, West of Phase I of Optics Valley Software Park, East Lake Development Zone, Hubei Province, Wuhan, CHN, 430074

Website

http://www.kotei-info.com

Wuhan Kotei Informatics Co Ltd is engaged in providing professional automotive electronic software customized development and software technical services for auto parts suppliers and auto manufacturers.

Executives

Wang Jun De	Directors, executives
Li Sen Lin	Directors, executives

Wuhan Kotei Informatics Co (SZSE:301221) Headlines

No Headlines