AIHGY (Asti Holdings) Days Payable : 89.57 (As of Jun. 2023)

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What is Asti Holdings Days Payable?

Asti Holdings's average Accounts Payable for the six months ended in Jun. 2023 was $8.03 Mil. Asti Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was $16.35 Mil. Hence, Asti Holdings's Days Payable for the six months ended in Jun. 2023 was 89.57.

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

AIHGY' s Days Payable Range Over the Past 10 Years
Min: 39.66 Med: 94.34 Max: 249.85
Current: 181.65

During the past 13 years, Asti Holdings's highest Days Payable was 249.85. The lowest was 39.66. And the median was 94.34.

AIHGY's Days Payable is not ranked
in the Semiconductors industry.
Industry Median: 52.245 vs AIHGY: 181.65

Asti Holdings's Days Payable increased from Dec. 2021 (69.40) to Jun. 2023 (89.57). It may suggest that Asti Holdings delayed paying its suppliers.

Asti Holdings Days Payable Historical Data

The historical data trend for Asti Holdings'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.

Asti Holdings Days Payable Chart

Asti Holdings Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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113.00

88.28

90.85

84.54

40.13

Asti Holdings Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Days Payable	Get a 7-Day Free Trial															69.29	73.47	69.40	56.88	89.57

Competitive Comparison of Asti Holdings's Days Payable

For the Semiconductor Equipment & Materials subindustry, Asti Holdings'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.

Asti Holdings's Days Payable Distribution in the Semiconductors Industry

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

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

Asti Holdings 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.

Asti Holdings's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (3.276	+	2.975)	/	2 )	/	28.425	*	365
=	3.1255					/	28.425	*	365
=	40.13

Asti Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (7.972	+	8.08)	/	2 )	/	16.353	*	365 / 2
=	8.026					/	16.353	*	365 / 2
=	89.57

Asti Holdings Days Payable Related Terms

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Asti Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Asti Holdings Ltd (GREY:AIHGY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Ubi Avenue 3, Number 08-69 Vertex, Singapore, SGP, 408868

Website

https://www.astigp.com

Asti Holdings Ltd is engaged in research, design, develop and manufacture semiconductor equipment for customers. It provides an integrated range of services comprising Backend Equipment Solutions and Technologies ( BEST) and Services. The company offers equipment contract manufacturing services, which include manufacturing precision parts, modules, and standalone equipment assembly. It also designs and develops advanced packaging solutions for semiconductors, targeting the mobility and 3C convergent markets. The company's business comprises of Semiconductor Equipment, Semiconductor Manufacturing Services, Semiconductor Packaging Solutions, Equipment Contract Manufacturing Services (ECMS), and Services.

Asti Holdings Headlines

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