Henan Shijia Photons Technology Co (SHSE:688313) Days Payable : 74.69 (As of Mar. 2024)

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What is Henan Shijia Photons Technology Co Days Payable?

Henan Shijia Photons Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥122.8 Mil. Henan Shijia Photons Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥150.1 Mil. Hence, Henan Shijia Photons Technology Co's Days Payable for the three months ended in Mar. 2024 was 74.69.

The historical rank and industry rank for Henan Shijia Photons Technology Co's Days Payable or its related term are showing as below:

SHSE:688313' s Days Payable Range Over the Past 10 Years
Min: 66.6 Med: 84.55 Max: 105.22
Current: 66.6

During the past 7 years, Henan Shijia Photons Technology Co's highest Days Payable was 105.22. The lowest was 66.60. And the median was 84.55.

SHSE:688313's Days Payable is ranked better than
63.32% of 965 companies
in the Semiconductors industry
Industry Median: 51.92 vs SHSE:688313: 66.60

Henan Shijia Photons Technology Co's Days Payable declined from Mar. 2023 (100.07) to Mar. 2024 (74.69). It may suggest that Henan Shijia Photons Technology Co accelerated paying its suppliers.

Henan Shijia Photons Technology Co Days Payable Historical Data

The historical data trend for Henan Shijia Photons Technology 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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Henan Shijia Photons Technology Co Days Payable Chart

Henan Shijia Photons Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

105.22

84.55

82.15

77.38

77.50

Henan Shijia Photons Technology 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															100.07	68.53	61.09	60.90	74.69

Competitive Comparison of Henan Shijia Photons Technology Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Henan Shijia Photons Technology 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.

Henan Shijia Photons Technology Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Henan Shijia Photons Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Henan Shijia Photons Technology Co's Days Payable falls into.

Henan Shijia Photons Technology 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.

Henan Shijia Photons Technology 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
=	( (138.183	+	122.529)	/	2 )	/	613.932	*	365
=	130.356					/	613.932	*	365
=	77.50

Henan Shijia Photons Technology 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
=	( (122.529	+	123.112)	/	2 )	/	150.05	*	365 / 4
=	122.8205					/	150.05	*	365 / 4
=	74.69

Henan Shijia Photons Technology Co Days Payable Related Terms

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Henan Shijia Photons Technology Co (SHSE:688313) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Henan Shijia Photons Technology Co Ltd (SHSE:688313) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

201 Yanhe Road, Qibin District, Henan Province, Hebi, CHN, 458030

Website

http://www.sjphotons.com

Henan Shijia Photons Technology Co Ltd is engaged in development, production, sales and related technical services of optical chips and devices, indoor optical cables and cable materials. The company's business covers optical chips and devices, indoor optical cables and cable materials. Its main products include PLC splitter chip series products, AWG chip series products, DFB laser chip series products, optical fiber connectors, indoor optical cables, cable materials.

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