Shenzhen Jufei Optoelectronics Co (SZSE:300303) Days Payable : 265.07 (As of Mar. 2024)

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What is Shenzhen Jufei Optoelectronics Co Days Payable?

Shenzhen Jufei Optoelectronics Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,413 Mil. Shenzhen Jufei Optoelectronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥486 Mil. Hence, Shenzhen Jufei Optoelectronics Co's Days Payable for the three months ended in Mar. 2024 was 265.07.

The historical rank and industry rank for Shenzhen Jufei Optoelectronics Co's Days Payable or its related term are showing as below:

SZSE:300303' s Days Payable Range Over the Past 10 Years
Min: 151.84 Med: 236.89 Max: 307.81
Current: 246.4

During the past 13 years, Shenzhen Jufei Optoelectronics Co's highest Days Payable was 307.81. The lowest was 151.84. And the median was 236.89.

SZSE:300303's Days Payable is ranked better than
93.48% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs SZSE:300303: 246.40

Shenzhen Jufei Optoelectronics Co's Days Payable declined from Mar. 2023 (285.37) to Mar. 2024 (265.07). It may suggest that Shenzhen Jufei Optoelectronics Co accelerated paying its suppliers.

Shenzhen Jufei Optoelectronics Co Days Payable Historical Data

The historical data trend for Shenzhen Jufei Optoelectronics 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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Shenzhen Jufei Optoelectronics Co Days Payable Chart

Shenzhen Jufei Optoelectronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

248.47

307.81

282.65

280.27

261.14

Shenzhen Jufei Optoelectronics 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															285.37	242.02	227.50	245.75	265.07

Competitive Comparison of Shenzhen Jufei Optoelectronics Co's Days Payable

For the Electronic Components subindustry, Shenzhen Jufei Optoelectronics 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.

Shenzhen Jufei Optoelectronics Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Jufei Optoelectronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Jufei Optoelectronics Co's Days Payable falls into.

Shenzhen Jufei Optoelectronics 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.

Shenzhen Jufei Optoelectronics 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
=	( (1291.742	+	1379.899)	/	2 )	/	1867.116	*	365
=	1335.8205					/	1867.116	*	365
=	261.14

Shenzhen Jufei Optoelectronics 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
=	( (1379.899	+	1446.3)	/	2 )	/	486.463	*	365 / 4
=	1413.0995					/	486.463	*	365 / 4
=	265.07

Shenzhen Jufei Optoelectronics Co Days Payable Related Terms

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Shenzhen Jufei Optoelectronics Co (SZSE:300303) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Jufei Optoelectronics Co Ltd (SZSE:300303) » Definitions » Days Payable

Comparable Companies

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Address

65, Chuangyi Street, Dalang, Baoan District, Shenzhen, CHN, 518109

Website

http://www.jfled.com

Shenzhen Jufei Optoelectronics Co Ltd specializes in research and development, manufacturing and marketing of surface-mount device light-emitting diode module (SMD LED) devices. The main products are backlight LED devices, lighting LED devices, small pitch display LED and automotive LED. The company's products are widely used in fields of mobile communications, liquid crystal display, screen displays and automotive electronics.

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