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Piotech (SHSE:688072) Days Payable : 368.74 (As of Mar. 2025)


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What is Piotech Days Payable?

Piotech's average Accounts Payable for the three months ended in Mar. 2025 was ¥2,294 Mil. Piotech's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥568 Mil. Hence, Piotech's Days Payable for the three months ended in Mar. 2025 was 368.74.

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

SHSE:688072' s Days Payable Range Over the Past 10 Years
Min: 211.33   Med: 252.82   Max: 681.35
Current: 272.82

During the past 7 years, Piotech's highest Days Payable was 681.35. The lowest was 211.33. And the median was 252.82.

SHSE:688072's Days Payable is ranked better than
93.9% of 984 companies
in the Semiconductors industry
Industry Median: 53.565 vs SHSE:688072: 272.82

Piotech's Days Payable declined from Mar. 2024 (456.91) to Mar. 2025 (368.74). It may suggest that Piotech accelerated paying its suppliers.


Piotech Days Payable Historical Data

The historical data trend for Piotech'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.

Piotech Days Payable Chart

Piotech Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 211.33 266.64 269.44 247.71 252.82

Piotech Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 456.91 395.39 288.43 173.79 368.74

Competitive Comparison of Piotech's Days Payable

For the Semiconductor Equipment & Materials subindustry, Piotech'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.


Piotech's Days Payable Distribution in the Semiconductors Industry

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

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


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Piotech 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.

Piotech's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (1070.376 + 2244.606) / 2 ) / 2392.9*365
=1657.491 / 2392.9*365
=252.82

Piotech's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (2244.606 + 2343.802) / 2 ) / 567.726*365 / 4
=2294.204 / 567.726*365 / 4
=368.74

* 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.


Piotech Days Payable Related Terms

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Piotech Business Description

Traded in Other Exchanges
N/A
Address
No. 900, Shuijia, Hunnan District, Liaoning Province, Shenyang, CHN, 110168
Piotech Inc is engaged in the research and development, production, sales, and technical services of high-end semiconductor special equipment.
Executives
Yang Xiao Qiang senior management
Chen Xin Yi Director
Zhao Xi senior management
Liu Jing senior management
Ning Jian Ping Senior management, core technical personnel
Deng Hao Core technical personnel
Xu Long Xu senior management
Niu Xin Ping Senior management, core technical personnel
Zhang senior management
senior management
Sun Li Jie senior management

Piotech Headlines

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