Nanjing Wavelength Opto-Electronic Science and Technology Co (SZSE:301421) Days Payable : 185.01 (As of Mar. 2024)

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What is Nanjing Wavelength Opto-Electronic Science and Technology Co Days Payable?

Nanjing Wavelength Opto-Electronic Science and Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥107.2 Mil. Nanjing Wavelength Opto-Electronic Science and Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥52.9 Mil. Hence, Nanjing Wavelength Opto-Electronic Science and Technology Co's Days Payable for the three months ended in Mar. 2024 was 185.01.

The historical rank and industry rank for Nanjing Wavelength Opto-Electronic Science and Technology Co's Days Payable or its related term are showing as below:

SZSE:301421' s Days Payable Range Over the Past 10 Years
Min: 46.12 Med: 116.17 Max: 186.32
Current: 158.03

During the past 9 years, Nanjing Wavelength Opto-Electronic Science and Technology Co's highest Days Payable was 186.32. The lowest was 46.12. And the median was 116.17.

SZSE:301421's Days Payable is ranked better than
86.24% of 2420 companies
in the Hardware industry
Industry Median: 68.065 vs SZSE:301421: 158.03

Nanjing Wavelength Opto-Electronic Science and Technology Co's Days Payable increased from Mar. 2023 (183.81) to Mar. 2024 (185.01). It may suggest that Nanjing Wavelength Opto-Electronic Science and Technology Co delayed paying its suppliers.

Nanjing Wavelength Opto-Electronic Science and Technology Co Days Payable Historical Data

The historical data trend for Nanjing Wavelength Opto-Electronic Science and Technology 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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Nanjing Wavelength Opto-Electronic Science and Technology Co Days Payable Chart

Nanjing Wavelength Opto-Electronic Science and Technology Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

72.99

85.33

84.47

116.17

162.61

Nanjing Wavelength Opto-Electronic Science and Technology Co Quarterly Data
	Dec13	Jun14	Dec14	Jun15	Dec18	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															183.81	121.09	192.64	141.66	185.01

Competitive Comparison of Nanjing Wavelength Opto-Electronic Science and Technology Co's Days Payable

For the Electronic Components subindustry, Nanjing Wavelength Opto-Electronic Science and Technology 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.

Nanjing Wavelength Opto-Electronic Science and Technology Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nanjing Wavelength Opto-Electronic Science and Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nanjing Wavelength Opto-Electronic Science and Technology Co's Days Payable falls into.

Nanjing Wavelength Opto-Electronic Science and Technology 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.

Nanjing Wavelength Opto-Electronic Science and Technology 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
=	( (91.614	+	110.62)	/	2 )	/	226.977	*	365
=	101.117					/	226.977	*	365
=	162.61

Nanjing Wavelength Opto-Electronic Science and Technology 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
=	( (110.62	+	103.799)	/	2 )	/	52.878	*	365 / 4
=	107.2095					/	52.878	*	365 / 4
=	185.01

Nanjing Wavelength Opto-Electronic Science and Technology Co Days Payable Related Terms

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Nanjing Wavelength Opto-Electronic Science and Technology Co (SZSE:301421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nanjing Wavelength Opto-Electronic Science and Technology Co Ltd (SZSE:301421) » Definitions » Days Payable

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Address

No. 18, Boguang Road, Hushu Industrial Concentration Area, Jiangning, Jiangsu, Nanjing, CHN, 211121

Website

http://www.wave-optics.com

Nanjing Wavelength Opto-Electronic Science and Technology Co Ltd is a high-tech enterprise integrating optical design, production and sales. The company aimed to provide high-quality laser optics, infrared optics, intelligent optics, precision optical products and a full range of services, serving the field of optical electronics.

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