Nanofilm Technologies International (SGX:MZH) Days Payable : 43.68 (As of Dec. 2023)

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What is Nanofilm Technologies International Days Payable?

Nanofilm Technologies International's average Accounts Payable for the six months ended in Dec. 2023 was S$14.8 Mil. Nanofilm Technologies International's Cost of Goods Sold for the six months ended in Dec. 2023 was S$61.7 Mil. Hence, Nanofilm Technologies International's Days Payable for the six months ended in Dec. 2023 was 43.68.

The historical rank and industry rank for Nanofilm Technologies International's Days Payable or its related term are showing as below:

SGX:MZH' s Days Payable Range Over the Past 10 Years
Min: 55.9 Med: 83.64 Max: 102.45
Current: 55.9

During the past 8 years, Nanofilm Technologies International's highest Days Payable was 102.45. The lowest was 55.90. And the median was 83.64.

SGX:MZH's Days Payable is ranked worse than
61.53% of 2420 companies
in the Hardware industry
Industry Median: 68.065 vs SGX:MZH: 55.90

Nanofilm Technologies International's Days Payable declined from Dec. 2022 (54.63) to Dec. 2023 (43.68). It may suggest that Nanofilm Technologies International accelerated paying its suppliers.

Nanofilm Technologies International Days Payable Historical Data

The historical data trend for Nanofilm Technologies International'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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Nanofilm Technologies International Days Payable Chart

Nanofilm Technologies International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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99.82

102.45

78.54

61.53

58.99

Nanofilm Technologies International Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial							61.23	56.48	54.63	67.63	43.68

Competitive Comparison of Nanofilm Technologies International's Days Payable

For the Electronic Components subindustry, Nanofilm Technologies International'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.

Nanofilm Technologies International's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nanofilm Technologies International's Days Payable distribution charts can be found below:

* The bar in red indicates where Nanofilm Technologies International's Days Payable falls into.

Nanofilm Technologies International 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.

Nanofilm Technologies International'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
=	( (21.656	+	14.368)	/	2 )	/	111.453	*	365
=	18.012					/	111.453	*	365
=	58.99

Nanofilm Technologies International's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (15.187	+	14.368)	/	2 )	/	61.742	*	365 / 2
=	14.7775					/	61.742	*	365 / 2
=	43.68

Nanofilm Technologies International Days Payable Related Terms

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Nanofilm Technologies International (SGX:MZH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nanofilm Technologies International Ltd (SGX:MZH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

11 Tai Seng Drive, Singapore, SGP, 535226

Website

https://www.nti-nanofilm.com

Nanofilm Technologies International Ltd is a provider of nanotechnology solutions in Asia. Its solutions serve as key catalysts enabling customers to achieve high value-add advancements in their end-products in an environmentally sustainable manner. The company operates in three segments: advanced materials BU, Nanofabrication BU, Sydrogen BU and Industrial equipment BU . The majority of its revenue comes from the advanced materials BU segment, which provides advanced materials through surface solution services based on its vacuum coating technologies and processes. Geographically, the company generates revenue from Singapore, Japan, Vietnam and China being the majority revenue generator.

Nanofilm Technologies International (SGX:MZH) Headlines

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