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ACM Research (ACM Research) Days Payable : 139.25 (As of Dec. 2023)


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What is ACM Research Days Payable?

ACM Research's average Accounts Payable for the three months ended in Dec. 2023 was $139.2 Mil. ACM Research's Cost of Goods Sold for the three months ended in Dec. 2023 was $91.2 Mil. Hence, ACM Research's Days Payable for the three months ended in Dec. 2023 was 139.25.

The historical rank and industry rank for ACM Research's Days Payable or its related term are showing as below:

ACMR' s Days Payable Range Over the Past 10 Years
Min: 44.74   Med: 109.39   Max: 173.58
Current: 156.54

During the past 9 years, ACM Research's highest Days Payable was 173.58. The lowest was 44.74. And the median was 109.39.

ACMR's Days Payable is ranked better than
87.23% of 963 companies
in the Semiconductors industry
Industry Median: 51.76 vs ACMR: 156.54

ACM Research's Days Payable declined from Dec. 2022 (161.76) to Dec. 2023 (139.25). It may suggest that ACM Research accelerated paying its suppliers.


ACM Research Days Payable Historical Data

The historical data trend for ACM Research'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.

ACM Research Days Payable Chart

ACM Research Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 96.06 102.47 162.55 173.58 157.89

ACM Research Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 161.76 290.62 134.23 138.80 139.25

Competitive Comparison of ACM Research's Days Payable

For the Semiconductor Equipment & Materials subindustry, ACM Research'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.


ACM Research's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ACM Research's Days Payable distribution charts can be found below:

* The bar in red indicates where ACM Research's Days Payable falls into.



ACM Research 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.

ACM Research'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
=( (101.735 + 141.814) / 2 ) / 281.508*365
=121.7745 / 281.508*365
=157.89

ACM Research'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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (136.675 + 141.814) / 2 ) / 91.245*365 / 4
=139.2445 / 91.245*365 / 4
=139.25

* 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.


ACM Research Days Payable Related Terms

Thank you for viewing the detailed overview of ACM Research's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


ACM Research (ACM Research) Business Description

Traded in Other Exchanges
Address
42307 Osgood Road, Suite I, Fremont, CA, USA, 94539
ACM Research Inc is an us-based company. It is engaged in developing, manufacturing, and selling single-wafer wet cleaning equipment, which is used by semiconductor manufacturers in numerous manufacturing steps to remove particles, contaminants, and other random defects to improve product yield, in fabricating integrated circuits, or chips. The company offers space alternated phase shift which employs alternating phases of megasonic waves to deliver megasonic energy to flat and patterned wafer surfaces on a microscopic level; and Timely Energized Bubble Oscillation technology which provides effective, damage-free cleaning for both conventional two and three-dimensional patterned wafers at process nodes.
Executives
Mark Mckechnie officer: See remarks ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Lisa Feng officer: See remarks ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Tracy Liu director C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
David H Wang director, 10 percent owner, officer: See Remarks C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Haiping Dun director C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Fuping Chen officer: See Remarks ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Sotheara Cheav officer: See Remarks C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Shanghai Pudong Science & Technology Investment Group Co., Ltd. 10 percent owner, other: Possible member of 10% group FLOOR 16-17, #118 RONGKE ROAD, PUDONG DISTRICT, SHANGHAI F4 200120
Shanghai Science & Technology Venture Capital (group) Co., Ltd. 10 percent owner, other: Possible member of 10% group FLOOR 16-17, #118 RONGKE ROAD, PUDONG DISTRICT, SHANGHAI F4 201203
Xiao Xing director C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREEMONT CA 94539
Yinan Xiang director C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Chenming Hu director 2060 PEBBLE DRIVE, ALAMO CA 94507
Jian Wang officer: See Remarks C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539
Zhengfan Yang director XINXIN (HONGKONG) CAPITAL CO., LIMITED, 3RD FLOOR NORTH, NO. 7 FINANCIAL STREET, XICHENG DISTRICT, BEIJING F4 100033
Fufa Chen officer: See Remarks C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I, FREMONT CA 94539