Suzhou Everbright Photonics Co (SHSE:688048) Days Payable : 338.37 (As of Mar. 2024)

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What is Suzhou Everbright Photonics Co Days Payable?

Suzhou Everbright Photonics Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥144.1 Mil. Suzhou Everbright Photonics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥38.9 Mil. Hence, Suzhou Everbright Photonics Co's Days Payable for the three months ended in Mar. 2024 was 338.37.

The historical rank and industry rank for Suzhou Everbright Photonics Co's Days Payable or its related term are showing as below:

SHSE:688048' s Days Payable Range Over the Past 10 Years
Min: 132.18 Med: 219.51 Max: 336.31
Current: 336.31

During the past 6 years, Suzhou Everbright Photonics Co's highest Days Payable was 336.31. The lowest was 132.18. And the median was 219.51.

SHSE:688048's Days Payable is ranked better than
95.85% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs SHSE:688048: 336.31

Suzhou Everbright Photonics Co's Days Payable increased from Mar. 2023 (209.07) to Mar. 2024 (338.37). It may suggest that Suzhou Everbright Photonics Co delayed paying its suppliers.

Suzhou Everbright Photonics Co Days Payable Historical Data

The historical data trend for Suzhou Everbright Photonics 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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Suzhou Everbright Photonics Co Days Payable Chart

Suzhou Everbright Photonics Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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145.80

174.05

264.96

314.37

271.04

Suzhou Everbright Photonics Co Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial													209.07	450.49	314.51	283.76	338.37

Competitive Comparison of Suzhou Everbright Photonics Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Suzhou Everbright Photonics 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.

Suzhou Everbright Photonics Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Suzhou Everbright Photonics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Suzhou Everbright Photonics Co's Days Payable falls into.

Suzhou Everbright Photonics 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.

Suzhou Everbright Photonics 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
=	( (141.912	+	144.524)	/	2 )	/	192.866	*	365
=	143.218					/	192.866	*	365
=	271.04

Suzhou Everbright Photonics 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
=	( (144.524	+	143.7)	/	2 )	/	38.863	*	365 / 4
=	144.112					/	38.863	*	365 / 4
=	338.37

Suzhou Everbright Photonics Co Days Payable Related Terms

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Suzhou Everbright Photonics Co (SHSE:688048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Suzhou Everbright Photonics Co Ltd (SHSE:688048) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 189 Kunlunshan Road, Suzhou High-tech Zone, No. 2 Factory-1-102, No. 2 Factory-2-203, Zone A, Industrial Square, Science and Technology City, Suzhou, CHN, 215163

Website

http://www.everbrightphotonics.com

Suzhou Everbright Photonics Co Ltd is engaged in the research and development, manufacturing and sales of core components in the laser industry such as semiconductor laser chips, devices and modules.

Suzhou Everbright Photonics Co (SHSE:688048) Headlines

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