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Sumavision Technologies Co (SZSE:300079) Days Payable : 156.35 (As of Mar. 2024)


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What is Sumavision Technologies Co Days Payable?

Sumavision Technologies Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥57.1 Mil. Sumavision Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥33.3 Mil. Hence, Sumavision Technologies Co's Days Payable for the three months ended in Mar. 2024 was 156.35.

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

SZSE:300079' s Days Payable Range Over the Past 10 Years
Min: 53.55   Med: 108.35   Max: 133.06
Current: 115.74

During the past 13 years, Sumavision Technologies Co's highest Days Payable was 133.06. The lowest was 53.55. And the median was 108.35.

SZSE:300079's Days Payable is ranked better than
76.35% of 2423 companies
in the Hardware industry
Industry Median: 68.07 vs SZSE:300079: 115.74

Sumavision Technologies Co's Days Payable declined from Mar. 2023 (167.90) to Mar. 2024 (156.35). It may suggest that Sumavision Technologies Co accelerated paying its suppliers.


Sumavision Technologies Co Days Payable Historical Data

The historical data trend for Sumavision Technologies 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.

Sumavision Technologies Co Days Payable Chart

Sumavision Technologies 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 133.06 109.46 109.68 107.23 122.65

Sumavision Technologies 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 167.90 107.52 142.36 73.79 156.35

Competitive Comparison of Sumavision Technologies Co's Days Payable

For the Communication Equipment subindustry, Sumavision Technologies 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.


Sumavision Technologies Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Sumavision Technologies Co's Days Payable falls into.



Sumavision Technologies 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.

Sumavision Technologies 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
=( (194.468 + 51.005) / 2 ) / 365.268*365
=122.7365 / 365.268*365
=122.65

Sumavision Technologies 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
=( (51.005 + 63.15) / 2 ) / 33.311*365 / 4
=57.0775 / 33.311*365 / 4
=156.35

* 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.


Sumavision Technologies Co Days Payable Related Terms

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Sumavision Technologies Co (SZSE:300079) Business Description

Traded in Other Exchanges
N/A
Address
Sumavision Plaza, No.15 KaiTuo Road, Shangdi Information and Industry Base, Haidian District, Beijing, CHN, 100085
Sumavision Technologies Co Ltd is a global video and broadband solutions provider. It is engaged in the research, development, production and technical services of digital television software and hardware products. The company's products include DTV Head-end Hardware; Encoding and Transcoding; IPTV/OTT Head-end; Access Network and IPTV/OTT Terminal.
Executives
Zheng Hai Tao Directors, executives
Shi Dong Jing Directors, executives
Sun Peng Cheng Directors, executives
Yao Zhi Jian Secretary Dong
Feng Tao Securities Affairs Representative
Wang Wan Chun Directors, executives
Su Yu Wen Executives
Zhang Gang Directors, executives
Zhou Xin Supervisors
Zhang Huai Yu Directors, executives
Dai Yan Dong Securities Affairs Representative
Liu Jian Bo Independent director
Peng Qiu He Director

Sumavision Technologies Co (SZSE:300079) Headlines

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