Beijing Waluer Information Technology Co (SZSE:301380) Days Payable : 30.76 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Beijing Waluer Information Technology Co Days Payable?

Beijing Waluer Information Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥53.8 Mil. Beijing Waluer Information Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥159.6 Mil. Hence, Beijing Waluer Information Technology Co's Days Payable for the three months ended in Mar. 2024 was 30.76.

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

SZSE:301380' s Days Payable Range Over the Past 10 Years
Min: 13.98 Med: 27.16 Max: 99.5
Current: 28.44

During the past 11 years, Beijing Waluer Information Technology Co's highest Days Payable was 99.50. The lowest was 13.98. And the median was 27.16.

SZSE:301380's Days Payable is ranked worse than
87.83% of 345 companies
in the Telecommunication Services industry
Industry Median: 104.28 vs SZSE:301380: 28.44

Beijing Waluer Information Technology Co's Days Payable declined from Mar. 2023 (36.10) to Mar. 2024 (30.76). It may suggest that Beijing Waluer Information Technology Co accelerated paying its suppliers.

Beijing Waluer Information Technology Co Days Payable Historical Data

The historical data trend for Beijing Waluer Information 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.

* Premium members only.

Beijing Waluer Information Technology Co Days Payable Chart

Beijing Waluer Information Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

44.22

23.62

13.98

18.06

23.77

Beijing Waluer Information Technology Co Quarterly Data
	Jun17	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															36.10	36.85	28.85	20.87	30.76

Competitive Comparison of Beijing Waluer Information Technology Co's Days Payable

For the Telecom Services subindustry, Beijing Waluer Information 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.

Beijing Waluer Information Technology Co's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Beijing Waluer Information Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Waluer Information Technology Co's Days Payable falls into.

Beijing Waluer Information 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.

Beijing Waluer Information 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
=	( (33.276	+	59.209)	/	2 )	/	710.118	*	365
=	46.2425					/	710.118	*	365
=	23.77

Beijing Waluer Information 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
=	( (59.209	+	48.398)	/	2 )	/	159.589	*	365 / 4
=	53.8035					/	159.589	*	365 / 4
=	30.76

Beijing Waluer Information Technology Co Days Payable Related Terms

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

Beijing Waluer Information Technology Co (SZSE:301380) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Beijing Waluer Information Technology Co Ltd (SZSE:301380) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 51, Zhichun Road, Room 408, Building 1, Haidian District, Beijing, CHN, 100029

Website

http://www.waluer.com

Beijing Waluer Information Technology Co Ltd is engaged in the value-added telecommunication services, mobile information services and mobile marketing services, etc.

Executives

Liu Zhi Yong

Directors, Directors, and Executives

Beijing Waluer Information Technology Co (SZSE:301380) Headlines

No Headlines