Shanghai Fudan Microelectronics Group Co (FRA:FUD) Days Payable : 63.82 (As of Jun. 2024)

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What is Shanghai Fudan Microelectronics Group Co Days Payable?

Shanghai Fudan Microelectronics Group Co's average Accounts Payable for the three months ended in Jun. 2024 was €35.3 Mil. Shanghai Fudan Microelectronics Group Co's Cost of Goods Sold for the three months ended in Jun. 2024 was €50.4 Mil. Hence, Shanghai Fudan Microelectronics Group Co's Days Payable for the three months ended in Jun. 2024 was 63.82.

The historical rank and industry rank for Shanghai Fudan Microelectronics Group Co's Days Payable or its related term are showing as below:

FRA:FUD' s Days Payable Range Over the Past 10 Years
Min: 55.82 Med: 61.59 Max: 81.24
Current: 61.61

During the past 13 years, Shanghai Fudan Microelectronics Group Co's highest Days Payable was 81.24. The lowest was 55.82. And the median was 61.59.

FRA:FUD's Days Payable is ranked better than
59.55% of 974 companies
in the Semiconductors industry
Industry Median: 52.37 vs FRA:FUD: 61.61

Shanghai Fudan Microelectronics Group Co's Days Payable declined from Jun. 2023 (117.88) to Jun. 2024 (63.82). It may suggest that Shanghai Fudan Microelectronics Group Co accelerated paying its suppliers.

Shanghai Fudan Microelectronics Group Co Days Payable Historical Data

The historical data trend for Shanghai Fudan Microelectronics Group 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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Shanghai Fudan Microelectronics Group Co Days Payable Chart

Shanghai Fudan Microelectronics Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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55.09

59.71

59.40

59.36

59.59

Shanghai Fudan Microelectronics Group Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															72.74	53.54	60.34	63.82	59.58

Competitive Comparison of Shanghai Fudan Microelectronics Group Co's Days Payable

For the Semiconductors subindustry, Shanghai Fudan Microelectronics Group 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.

Shanghai Fudan Microelectronics Group Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai Fudan Microelectronics Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Fudan Microelectronics Group Co's Days Payable falls into.

Shanghai Fudan Microelectronics Group 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.

Shanghai Fudan Microelectronics Group 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
=	( (27.241	+	30.278)	/	2 )	/	176.16	*	365
=	28.7595					/	176.16	*	365
=	59.59

Shanghai Fudan Microelectronics Group Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (35.112	+	35.392)	/	2 )	/	50.401	*	365 / 4
=	35.252					/	50.401	*	365 / 4
=	63.82

Shanghai Fudan Microelectronics Group Co Days Payable Related Terms

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Shanghai Fudan Microelectronics Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shanghai Fudan Microelectronics Group Co Ltd (FRA:FUD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

01385:Hong Kong FUD:Germany 688385:China

Address

98 Granville Road, Flat 6, 5th Floor, East Ocean Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG

Website

http://www.fmsh.com

Shanghai Fudan Microelectronics Group Co Ltd is principally engaged in the design, development and testing of very large integrated circuits as well as provision of system solutions to customers. The Company operates through two business segments: the design, development and sales of IC products segment and the provision of testing services for IC products segment. The Company is also engaged in the production of probe cards, the development and sales of hardware and software of computers, electronic products and communication equipment and the provision of investment management and consultancy services, research and consultancy services of IC technology and research and consultancy services of computer and network technology through its subsidiaries.

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