Zhejiang Whyis Technology Co (SZSE:301218) Days Payable : 653.86 (As of Mar. 2024)

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What is Zhejiang Whyis Technology Co Days Payable?

Zhejiang Whyis Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥249.9 Mil. Zhejiang Whyis Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥34.9 Mil. Hence, Zhejiang Whyis Technology Co's Days Payable for the three months ended in Mar. 2024 was 653.86.

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

SZSE:301218' s Days Payable Range Over the Past 10 Years
Min: 176.59 Med: 220.49 Max: 248.51
Current: 176.59

During the past 7 years, Zhejiang Whyis Technology Co's highest Days Payable was 248.51. The lowest was 176.59. And the median was 220.49.

SZSE:301218's Days Payable is ranked better than
81.15% of 2536 companies
in the Software industry
Industry Median: 50.1 vs SZSE:301218: 176.59

Zhejiang Whyis Technology Co's Days Payable declined from Mar. 2023 (861.42) to Mar. 2024 (653.86). It may suggest that Zhejiang Whyis Technology Co accelerated paying its suppliers.

Zhejiang Whyis Technology Co Days Payable Historical Data

The historical data trend for Zhejiang Whyis 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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Zhejiang Whyis Technology Co Days Payable Chart

Zhejiang Whyis Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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220.49

205.37

201.80

248.51

230.44

Zhejiang Whyis Technology Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial														861.42	305.15	263.71	77.05	653.86

Competitive Comparison of Zhejiang Whyis Technology Co's Days Payable

For the Information Technology Services subindustry, Zhejiang Whyis 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.

Zhejiang Whyis Technology Co's Days Payable Distribution in the Software Industry

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

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

Zhejiang Whyis 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.

Zhejiang Whyis 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
=	( (236.526	+	293.315)	/	2 )	/	419.611	*	365
=	264.9205					/	419.611	*	365
=	230.44

Zhejiang Whyis 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
=	( (293.315	+	206.511)	/	2 )	/	34.877	*	365 / 4
=	249.913					/	34.877	*	365 / 4
=	653.86

Zhejiang Whyis Technology Co Days Payable Related Terms

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Zhejiang Whyis Technology Co (SZSE:301218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Zhejiang Whyis Technology Co Ltd (SZSE:301218) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Jiaqi Road, Xianlin Street, 1st Floor, Building, Yuhang District, Zhejiang Province, Hangzhou City, CHN, 311122

Website

http://www.zjwhyis.com

Zhejiang Whyis Technology Co Ltd is engaged in providing one-stop comprehensive solutions for project design, information system development, software and hardware procurement, system integration and operation and maintenance services.

Executives

Wen Zhi Wei

Directors, executives

Zhejiang Whyis Technology Co (SZSE:301218) Headlines

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