China Electronics Huada Technology Co (HKSE:00085) Days Payable : 197.20 (As of Jun. 2023)

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What is China Electronics Huada Technology Co Days Payable?

China Electronics Huada Technology Co's average Accounts Payable for the six months ended in Jun. 2023 was HK$1,044 Mil. China Electronics Huada Technology Co's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$966 Mil. Hence, China Electronics Huada Technology Co's Days Payable for the six months ended in Jun. 2023 was 197.20.

The historical rank and industry rank for China Electronics Huada Technology Co's Days Payable or its related term are showing as below:

HKSE:00085' s Days Payable Range Over the Past 10 Years
Min: 109.73 Med: 135.36 Max: 209.12
Current: 204.62

During the past 13 years, China Electronics Huada Technology Co's highest Days Payable was 209.12. The lowest was 109.73. And the median was 135.36.

HKSE:00085's Days Payable is ranked better than
91.79% of 962 companies
in the Semiconductors industry
Industry Median: 51.78 vs HKSE:00085: 204.62

China Electronics Huada Technology Co's Days Payable increased from Jun. 2022 (170.99) to Jun. 2023 (197.20). It may suggest that China Electronics Huada Technology Co delayed paying its suppliers.

China Electronics Huada Technology Co Days Payable Historical Data

The historical data trend for China Electronics Huada 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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China Electronics Huada Technology Co Days Payable Chart

China Electronics Huada Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

112.50

121.23

109.73

178.67

185.39

China Electronics Huada Technology Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															178.00	170.99	247.23	197.20	236.06

Competitive Comparison of China Electronics Huada Technology Co's Days Payable

For the Semiconductors subindustry, China Electronics Huada 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.

China Electronics Huada Technology Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, China Electronics Huada Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Electronics Huada Technology Co's Days Payable falls into.

China Electronics Huada 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.

China Electronics Huada Technology Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (399.934	+	942.128)	/	2 )	/	1370.869	*	365
=	671.031					/	1370.869	*	365
=	178.67

China Electronics Huada Technology Co'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: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (942.128	+	1146.245)	/	2 )	/	966.34	*	365 / 2
=	1044.1865					/	966.34	*	365 / 2
=	197.20

China Electronics Huada Technology Co Days Payable Related Terms

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China Electronics Huada Technology Co (HKSE:00085) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » China Electronics Huada Technology Co Ltd (HKSE:00085) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Room 3403, 34th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.cecht.com.cn

China Electronics Huada Technology Co Ltd is engaged in the design and sale of integrated circuit chips. The company has only one reportable segment named as Sale of integrated circuit products. The products of the company are mainly used in smart cards, RFID, and wireless communication network. It derives the majority of its revenues from the PRC.

China Electronics Huada Technology Co (HKSE:00085) Headlines

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