Shanghai BOCHU Electronic Technology (SHSE:688188) Days Payable : 48.76 (As of Sep. 2024)

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What is Shanghai BOCHU Electronic Technology Days Payable?

Shanghai BOCHU Electronic Technology's average Accounts Payable for the three months ended in Sep. 2024 was ¥39 Mil. Shanghai BOCHU Electronic Technology's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥74 Mil. Hence, Shanghai BOCHU Electronic Technology's Days Payable for the three months ended in Sep. 2024 was 48.76.

The historical rank and industry rank for Shanghai BOCHU Electronic Technology's Days Payable or its related term are showing as below:

SHSE:688188' s Days Payable Range Over the Past 10 Years
Min: 24.94 Med: 41.97 Max: 56.93
Current: 41.13

During the past 8 years, Shanghai BOCHU Electronic Technology's highest Days Payable was 56.93. The lowest was 24.94. And the median was 41.97.

SHSE:688188's Days Payable is ranked worse than
64.3% of 972 companies
in the Semiconductors industry
Industry Median: 52.37 vs SHSE:688188: 41.13

Shanghai BOCHU Electronic Technology's Days Payable increased from Sep. 2023 (40.37) to Sep. 2024 (48.76). It may suggest that Shanghai BOCHU Electronic Technology delayed paying its suppliers.

Shanghai BOCHU Electronic Technology Days Payable Historical Data

The historical data trend for Shanghai BOCHU Electronic Technology'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 BOCHU Electronic Technology Days Payable Chart

Shanghai BOCHU Electronic Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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30.65

42.03

45.23

56.93

41.90

Shanghai BOCHU Electronic Technology Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															40.37	37.00	39.30	40.91	48.76

Competitive Comparison of Shanghai BOCHU Electronic Technology's Days Payable

For the Semiconductors subindustry, Shanghai BOCHU Electronic Technology'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 BOCHU Electronic Technology's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai BOCHU Electronic Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai BOCHU Electronic Technology's Days Payable falls into.

Shanghai BOCHU Electronic Technology 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 BOCHU Electronic Technology'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
=	( (31.138	+	32.39)	/	2 )	/	276.714	*	365
=	31.764					/	276.714	*	365
=	41.90

Shanghai BOCHU Electronic Technology's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (42.122	+	36.539)	/	2 )	/	73.598	*	365 / 4
=	39.3305					/	73.598	*	365 / 4
=	48.76

Shanghai BOCHU Electronic Technology Days Payable Related Terms

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Shanghai BOCHU Electronic Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shanghai BOCHU Electronic Technology Corp Ltd (SHSE:688188) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1000, Lanxiang South Road, Minhang District, Shanghai, CHN, 200240

Website

https://www.bochu.com

Shanghai BOCHU Electronic Technology Corp Ltd is engaged in Research & Development, production and sales of laser cutting control systems.

Executives

Xu Jun	Director
Hu Jia	Directors, senior managers
Zhou Xing	senior management
Han Dong Lei	senior management
Yang Xiao	Core technical personnel
Yun Xiao Yuan	Core technical personnel

Shanghai BOCHU Electronic Technology Headlines

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