SigmaStar Technology (SZSE:301536) Days Payable : 47.63 (As of Mar. 2024)

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What is SigmaStar Technology Days Payable?

SigmaStar Technology's average Accounts Payable for the three months ended in Mar. 2024 was ¥175 Mil. SigmaStar Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥335 Mil. Hence, SigmaStar Technology's Days Payable for the three months ended in Mar. 2024 was 47.63.

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

SZSE:301536' s Days Payable Range Over the Past 10 Years
Min: 49.77 Med: 53.35 Max: 92.32
Current: 92.32

During the past 5 years, SigmaStar Technology's highest Days Payable was 92.32. The lowest was 49.77. And the median was 53.35.

SZSE:301536's Days Payable is ranked better than
75.23% of 965 companies
in the Semiconductors industry
Industry Median: 51.64 vs SZSE:301536: 92.32

SigmaStar Technology's Days Payable increased from Dec. 2022 (0.00) to Mar. 2024 (47.63). It may suggest that SigmaStar Technology delayed paying its suppliers.

SigmaStar Technology Days Payable Historical Data

The historical data trend for SigmaStar Technology'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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SigmaStar Technology Days Payable Chart

SigmaStar Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

87.63

70.45

53.35

51.89

49.77

SigmaStar Technology Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial				-	43.25	45.28	-	47.63

Competitive Comparison of SigmaStar Technology's Days Payable

For the Semiconductors subindustry, SigmaStar Technology'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.

SigmaStar Technology's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SigmaStar Technology's Days Payable distribution charts can be found below:

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

SigmaStar Technology 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.

SigmaStar Technology'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
=	( (135.415	+	214.686)	/	2 )	/	1283.834	*	365
=	175.0505					/	1283.834	*	365
=	49.77

SigmaStar Technology'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
=	( (214.686	+	134.926)	/	2 )	/	334.89	*	365 / 4
=	174.806					/	334.89	*	365 / 4
=	47.63

SigmaStar Technology Days Payable Related Terms

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SigmaStar Technology (SZSE:301536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SigmaStar Technology Ltd (SZSE:301536) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Houzhan Road, Floor 16, No. 1, Tong\'an District, Fujian Province, Xiamen, CHN, 361116

Website

https://www.sigmastar.com.cn

SigmaStar Technology Ltd is engaged in research & development and sales of video surveillance chips. Its products cover IP Cam, USB Cam, NVR, DVR, vehicle electronics, action cameras, smart home, robots, industry and other fields.

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