Hua Hong Semiconductor (Hua Hong Semiconductor) Days Payable : 46.86 (As of Dec. 2023)

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What is Hua Hong Semiconductor Days Payable?

Hua Hong Semiconductor's average Accounts Payable for the three months ended in Dec. 2023 was $224 Mil. Hua Hong Semiconductor's Cost of Goods Sold for the three months ended in Dec. 2023 was $437 Mil. Hence, Hua Hong Semiconductor's Days Payable for the three months ended in Dec. 2023 was 46.86.

The historical rank and industry rank for Hua Hong Semiconductor's Days Payable or its related term are showing as below:

HHUSF' s Days Payable Range Over the Past 10 Years
Min: 43.49 Med: 48.07 Max: 60.77
Current: 60.77

During the past 11 years, Hua Hong Semiconductor's highest Days Payable was 60.77. The lowest was 43.49. And the median was 48.07.

HHUSF's Days Payable is ranked better than
58.32% of 962 companies
in the Semiconductors industry
Industry Median: 51.77 vs HHUSF: 60.77

Hua Hong Semiconductor's Days Payable declined from Sep. 2022 (60.74) to Dec. 2023 (46.86). It may suggest that Hua Hong Semiconductor accelerated paying its suppliers.

Hua Hong Semiconductor Days Payable Historical Data

The historical data trend for Hua Hong Semiconductor'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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Hua Hong Semiconductor Days Payable Chart

Hua Hong Semiconductor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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46.48

54.54

50.36

48.24

47.92

Hua Hong Semiconductor Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															60.74	53.98	46.48	42.23	46.86

Competitive Comparison of Hua Hong Semiconductor's Days Payable

For the Semiconductors subindustry, Hua Hong Semiconductor'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.

Hua Hong Semiconductor's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Hua Hong Semiconductor's Days Payable distribution charts can be found below:

* The bar in red indicates where Hua Hong Semiconductor's Days Payable falls into.

Hua Hong Semiconductor 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.

Hua Hong Semiconductor'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
=	( (236.999	+	235.41)	/	2 )	/	1799.017	*	365
=	236.2045					/	1799.017	*	365
=	47.92

Hua Hong Semiconductor'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
=	( (213.53	+	235.41)	/	2 )	/	437.141	*	365 / 4
=	224.47					/	437.141	*	365 / 4
=	46.86

Hua Hong Semiconductor Days Payable Related Terms

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Hua Hong Semiconductor (Hua Hong Semiconductor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hua Hong Semiconductor Ltd (OTCPK:HHUSF) » Definitions » Days Payable

Comparable Companies

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01347:Hong Kong 1HH:Germany 688347:China

Address

288 Halei Road, Zhangjiang Hi-Tech Park, Shanghai, CHN, 201203

Website

https://www.huahonggrace.com

Hua Hong Semiconductor, or Hua Hong, is the second-largest Chinese foundry and the seventh-largest globally. Its current form is a result of an intragroup restructuring completed in 2013. Hua Hong is headquartered in Shanghai with another plant in Wuxi, China, and has sales offices in Japan, Taiwan and the U.S. It employs more than 6,700 employees. Hua Hong's products are used on smartphones, PCs, for the Internet of Things, data centers, and for automotive and industrial purposes, and so on, but it focuses on more mature process technologies.