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Suzhou Good-Ark Electronics Co (SZSE:002079) Days Payable : 34.19 (As of Mar. 2024)


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What is Suzhou Good-Ark Electronics Co Days Payable?

Suzhou Good-Ark Electronics Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥379 Mil. Suzhou Good-Ark Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,011 Mil. Hence, Suzhou Good-Ark Electronics Co's Days Payable for the three months ended in Mar. 2024 was 34.19.

The historical rank and industry rank for Suzhou Good-Ark Electronics Co's Days Payable or its related term are showing as below:

SZSE:002079' s Days Payable Range Over the Past 10 Years
Min: 26.66   Med: 58.75   Max: 75.34
Current: 26.66

During the past 13 years, Suzhou Good-Ark Electronics Co's highest Days Payable was 75.34. The lowest was 26.66. And the median was 58.75.

SZSE:002079's Days Payable is ranked worse than
80.81% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs SZSE:002079: 26.66

Suzhou Good-Ark Electronics Co's Days Payable declined from Mar. 2023 (39.04) to Mar. 2024 (34.19). It may suggest that Suzhou Good-Ark Electronics Co accelerated paying its suppliers.


Suzhou Good-Ark Electronics Co Days Payable Historical Data

The historical data trend for Suzhou Good-Ark Electronics 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.

* Premium members only.

Suzhou Good-Ark Electronics Co Days Payable Chart

Suzhou Good-Ark Electronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.42 61.12 60.86 49.13 34.32

Suzhou Good-Ark Electronics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.04 26.67 20.17 22.29 34.19

Competitive Comparison of Suzhou Good-Ark Electronics Co's Days Payable

For the Semiconductors subindustry, Suzhou Good-Ark Electronics 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 Good-Ark Electronics Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Suzhou Good-Ark Electronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Suzhou Good-Ark Electronics Co's Days Payable falls into.



Suzhou Good-Ark Electronics 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 Good-Ark Electronics 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
=( (299.463 + 358.813) / 2 ) / 3500.337*365
=329.138 / 3500.337*365
=34.32

Suzhou Good-Ark Electronics 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
=( (358.813 + 398.842) / 2 ) / 1011.093*365 / 4
=378.8275 / 1011.093*365 / 4
=34.19

* 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.


Suzhou Good-Ark Electronics Co Days Payable Related Terms

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Suzhou Good-Ark Electronics Co (SZSE:002079) Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Tongxi Road, Tongan Development Zone, Jiangsu, Suzhou, CHN, 215002
Suzhou Good-Ark Electronics Co Ltd is a China-based company engaged in the semiconductor industry. It designs, manufactures, packages and sells semiconductors. The products offered by the company include the leadless integrated circuits and discrete devices, automotive rectifier diode, power modules, rectifier diode chip, silicon rectifier diodes, switching diodes, Zener diodes, miniature bridges, military fuse, and photovoltaic bypass module. The company sells its products in China and other countries.
Executives
Wu Nian Bo Director
Xie Qian Qian Executives
Teng You Xi Directors, executives
Yang Xiao Ping Executives
Gu Mei Jun Executives
Wen Su Bin Independent director
Tang Zai Nan Directors, executives
Yang Shuo Securities Affairs Representative
Huang Hao Rong Supervisors
Lu Fei Min Supervisors
Jiang Xiao Hang Supervisors

Suzhou Good-Ark Electronics Co (SZSE:002079) Headlines

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