Suntak Technology Co (SZSE:002815) Days Payable : 152.64 (As of Mar. 2024)

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What is Suntak Technology Co Days Payable?

Suntak Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,739 Mil. Suntak Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,039 Mil. Hence, Suntak Technology Co's Days Payable for the three months ended in Mar. 2024 was 152.64.

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

SZSE:002815' s Days Payable Range Over the Past 10 Years
Min: 121.76 Med: 142.39 Max: 167.2
Current: 152.48

During the past 13 years, Suntak Technology Co's highest Days Payable was 167.20. The lowest was 121.76. And the median was 142.39.

SZSE:002815's Days Payable is ranked better than
85.17% of 2421 companies
in the Hardware industry
Industry Median: 67.77 vs SZSE:002815: 152.48

Suntak Technology Co's Days Payable declined from Mar. 2023 (160.72) to Mar. 2024 (152.64). It may suggest that Suntak Technology Co accelerated paying its suppliers.

Suntak Technology Co Days Payable Historical Data

The historical data trend for Suntak 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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Suntak Technology Co Days Payable Chart

Suntak Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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129.26

140.50

147.87

167.20

157.24

Suntak Technology 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															160.72	150.96	164.71	151.01	152.64

Competitive Comparison of Suntak Technology Co's Days Payable

For the Electronic Components subindustry, Suntak 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.

Suntak Technology Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suntak Technology Co's Days Payable distribution charts can be found below:

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

Suntak 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.

Suntak Technology 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
=	( (1877.986	+	1804.984)	/	2 )	/	4274.697	*	365
=	1841.485					/	4274.697	*	365
=	157.24

Suntak Technology 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
=	( (1804.984	+	1672.322)	/	2 )	/	1039.382	*	365 / 4
=	1738.653					/	1039.382	*	365 / 4
=	152.64

Suntak Technology Co Days Payable Related Terms

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Suntak Technology Co (SZSE:002815) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Suntak Technology Co Ltd (SZSE:002815) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3009 Guangming Street, China Merchants Bureau, Unit 207, Building A, Building A3, Guangming Science and Technology Park, Guangming New District, Guangdong Province, Shenzhen, CHN, 518132

Website

http://www.suntakpcb.com

Suntak Technology Co Ltd is a printed circuit board service company. The company offers various products and services such as 4-layer rigid-flexible board, golden fingerboard, copper paste filling board, double-sided flex board, 32 layers multiplayer board, large panel lamination, multilayer rigid, 4 steps HDI board and others. These products are used in communication, industrial control, power electronics, medical instrument, security electronics, aerospace and other industries. Geographically the group operates through China.

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