Guizhou Zhenhua Fengguang Semiconductor Co (SHSE:688439) Days Payable : 337.56 (As of Mar. 2024)

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What is Guizhou Zhenhua Fengguang Semiconductor Co Days Payable?

Guizhou Zhenhua Fengguang Semiconductor Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥366 Mil. Guizhou Zhenhua Fengguang Semiconductor Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥99 Mil. Hence, Guizhou Zhenhua Fengguang Semiconductor Co's Days Payable for the three months ended in Mar. 2024 was 337.56.

The historical rank and industry rank for Guizhou Zhenhua Fengguang Semiconductor Co's Days Payable or its related term are showing as below:

SHSE:688439' s Days Payable Range Over the Past 10 Years
Min: 364.58 Med: 451.04 Max: 653.07
Current: 411.86

During the past 6 years, Guizhou Zhenhua Fengguang Semiconductor Co's highest Days Payable was 653.07. The lowest was 364.58. And the median was 451.04.

SHSE:688439's Days Payable is ranked better than
96.79% of 965 companies
in the Semiconductors industry
Industry Median: 51.64 vs SHSE:688439: 411.86

Guizhou Zhenhua Fengguang Semiconductor Co's Days Payable declined from Mar. 2023 (392.42) to Mar. 2024 (337.56). It may suggest that Guizhou Zhenhua Fengguang Semiconductor Co accelerated paying its suppliers.

Guizhou Zhenhua Fengguang Semiconductor Co Days Payable Historical Data

The historical data trend for Guizhou Zhenhua Fengguang Semiconductor 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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Guizhou Zhenhua Fengguang Semiconductor Co Days Payable Chart

Guizhou Zhenhua Fengguang Semiconductor Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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410.98

364.58

548.91

653.07

389.89

Guizhou Zhenhua Fengguang Semiconductor Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											392.42	390.02	367.66	641.46	337.56

Competitive Comparison of Guizhou Zhenhua Fengguang Semiconductor Co's Days Payable

For the Semiconductors subindustry, Guizhou Zhenhua Fengguang Semiconductor 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.

Guizhou Zhenhua Fengguang Semiconductor Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Guizhou Zhenhua Fengguang Semiconductor Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guizhou Zhenhua Fengguang Semiconductor Co's Days Payable falls into.

Guizhou Zhenhua Fengguang Semiconductor 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.

Guizhou Zhenhua Fengguang Semiconductor 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
=	( (358.749	+	347.935)	/	2 )	/	330.788	*	365
=	353.342					/	330.788	*	365
=	389.89

Guizhou Zhenhua Fengguang Semiconductor 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
=	( (347.935	+	384.885)	/	2 )	/	99.05	*	365 / 4
=	366.41					/	99.05	*	365 / 4
=	337.56

Guizhou Zhenhua Fengguang Semiconductor Co Days Payable Related Terms

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Guizhou Zhenhua Fengguang Semiconductor Co (SHSE:688439) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Guizhou Zhenhua Fengguang Semiconductor Co Ltd (SHSE:688439) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

No. 238, North Section of Xintian Avenue, Wudang District, Guizhou Province, Guiyang, CHN, 550018

Website

http://www.semifg.com

Guizhou Zhenhua Fengguang Semiconductor Co Ltd is engaged in the design, packaging, testing and sales High reliability integrated circuits.

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