Focus Lightings Tech Co (SZSE:300708) Days Payable : 162.68 (As of Mar. 2024)

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What is Focus Lightings Tech Co Days Payable?

Focus Lightings Tech Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥926 Mil. Focus Lightings Tech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥519 Mil. Hence, Focus Lightings Tech Co's Days Payable for the three months ended in Mar. 2024 was 162.68.

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

SZSE:300708' s Days Payable Range Over the Past 10 Years
Min: 171.33 Med: 210.32 Max: 530.18
Current: 176.9

During the past 12 years, Focus Lightings Tech Co's highest Days Payable was 530.18. The lowest was 171.33. And the median was 210.32.

SZSE:300708's Days Payable is ranked better than
89.11% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs SZSE:300708: 176.90

Focus Lightings Tech Co's Days Payable declined from Mar. 2023 (214.62) to Mar. 2024 (162.68). It may suggest that Focus Lightings Tech Co accelerated paying its suppliers.

Focus Lightings Tech Co Days Payable Historical Data

The historical data trend for Focus Lightings Tech 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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Focus Lightings Tech Co Days Payable Chart

Focus Lightings Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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348.35

220.36

171.80

213.81

171.33

Focus Lightings Tech 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															214.62	183.87	198.91	166.89	162.68

Competitive Comparison of Focus Lightings Tech Co's Days Payable

For the Semiconductors subindustry, Focus Lightings Tech 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.

Focus Lightings Tech Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Focus Lightings Tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Focus Lightings Tech Co's Days Payable falls into.

Focus Lightings Tech 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.

Focus Lightings Tech 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
=	( (1224.649	+	861.34)	/	2 )	/	2221.941	*	365
=	1042.9945					/	2221.941	*	365
=	171.33

Focus Lightings Tech 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
=	( (861.34	+	989.685)	/	2 )	/	519.142	*	365 / 4
=	925.5125					/	519.142	*	365 / 4
=	162.68

Focus Lightings Tech Co Days Payable Related Terms

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Focus Lightings Tech Co (SZSE:300708) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Focus Lightings Tech Co Ltd (SZSE:300708) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

8 Xinqing Road, Suzhou Industrial Park, Suzhou, CHN, 215125

Website

http://www.focuslightings.com

Focus Lightings Tech Co Ltd is a China-based company is engaged in the manufacture and production of home and commercial lighting products. Its products include glitter lamp, desk lamp, floor lamp, wall lamp, ceiling lamp, and a pendent lamp. The company's products can be used in backlight and lighting and other fields.

Executives

Xu Ying Gai	Director
Wang Hui	Supervisors
Pan Hua Rong	Directors, executives
Lu Ye	Executives
Cheng Fei Long	Directors, executives
Xu Wen Wen	Securities Affairs Representative
Yin Zuo Zhao	Director
Xiang Fang Nan	Director
Wang Yan Li	Executives
Qin Zhen	Director

Focus Lightings Tech Co (SZSE:300708) Headlines

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