Anhui Wantong Technology Co (SZSE:002331) Days Payable : 442.00 (As of Mar. 2024)

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What is Anhui Wantong Technology Co Days Payable?

Anhui Wantong Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥539 Mil. Anhui Wantong Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥111 Mil. Hence, Anhui Wantong Technology Co's Days Payable for the three months ended in Mar. 2024 was 442.00.

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

SZSE:002331' s Days Payable Range Over the Past 10 Years
Min: 160.27 Med: 194.66 Max: 282.05
Current: 228.54

During the past 13 years, Anhui Wantong Technology Co's highest Days Payable was 282.05. The lowest was 160.27. And the median was 194.66.

SZSE:002331's Days Payable is ranked better than
84.95% of 2531 companies
in the Software industry
Industry Median: 50.13 vs SZSE:002331: 228.54

Anhui Wantong Technology Co's Days Payable declined from Mar. 2023 (646.15) to Mar. 2024 (442.00). It may suggest that Anhui Wantong Technology Co accelerated paying its suppliers.

Anhui Wantong Technology Co Days Payable Historical Data

The historical data trend for Anhui Wantong 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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Anhui Wantong Technology Co Days Payable Chart

Anhui Wantong Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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212.22

180.70

250.23

271.52

282.05

Anhui Wantong Technology 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															646.15	359.46	278.80	115.11	442.00

Competitive Comparison of Anhui Wantong Technology Co's Days Payable

For the Software - Application subindustry, Anhui Wantong 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.

Anhui Wantong Technology Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Anhui Wantong Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anhui Wantong Technology Co's Days Payable falls into.

Anhui Wantong 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.

Anhui Wantong 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
=	( (597.888	+	586.132)	/	2 )	/	766.131	*	365
=	592.01					/	766.131	*	365
=	282.05

Anhui Wantong 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
=	( (586.132	+	491.35)	/	2 )	/	111.221	*	365 / 4
=	538.741					/	111.221	*	365 / 4
=	442.00

Anhui Wantong Technology Co Days Payable Related Terms

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Anhui Wantong Technology Co (SZSE:002331) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Anhui Wantong Technology Co Ltd (SZSE:002331) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 589, Lishui Road, High-tech Zone, Hefei, Anhui, CHN, 230088

Website

http://www.wantong-tech.net

Anhui Wantong Technology Co Ltd is a high-tech enterprise specializing in system integration, application software development, operation and maintenance services in the field of traffic information construction. It offers system integration solution that combines professionalism and applicability and applies it to highways, port terminals, urban intelligent transportation, trunk roads, logistics tracking, and judicial, tax, education, and others.

Executives

Sun Sheng	Executives
Kong Mei	Executives
Pan Da Sheng	Executives
Lu Yu Ping	Executives
Ma Jing Jing	Supervisors
Chen Xin	Director
Yang Shi Ning	Directors, executives
Yang Xin Zi	Directors, executives
Wang Zhong Sheng	Director
Wang Xi Zhong	Director
Zheng Huai	Directors, executives
Wang Zhi Jie	Director
Zhang Ting	Supervisors
Ji Shi Guang	Director

Anhui Wantong Technology Co (SZSE:002331) Headlines

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