Everdisplay Optronics Shanghai Co (SHSE:688538) Days Payable : 70.47 (As of Mar. 2024)

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What is Everdisplay Optronics Shanghai Co Days Payable?

Everdisplay Optronics Shanghai Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,124 Mil. Everdisplay Optronics Shanghai Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,456 Mil. Hence, Everdisplay Optronics Shanghai Co's Days Payable for the three months ended in Mar. 2024 was 70.47.

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

SHSE:688538' s Days Payable Range Over the Past 10 Years
Min: 65.82 Med: 96.5 Max: 114.86
Current: 65.82

During the past 7 years, Everdisplay Optronics Shanghai Co's highest Days Payable was 114.86. The lowest was 65.82. And the median was 96.50.

SHSE:688538's Days Payable is ranked worse than
51.86% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs SHSE:688538: 65.82

Everdisplay Optronics Shanghai Co's Days Payable declined from Mar. 2023 (103.61) to Mar. 2024 (70.47). It may suggest that Everdisplay Optronics Shanghai Co accelerated paying its suppliers.

Everdisplay Optronics Shanghai Co Days Payable Historical Data

The historical data trend for Everdisplay Optronics Shanghai 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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Everdisplay Optronics Shanghai Co Days Payable Chart

Everdisplay Optronics Shanghai Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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114.86

102.09

114.19

90.91

Everdisplay Optronics Shanghai Co Quarterly Data
	Dec18	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															103.61	82.07	55.62	56.49	70.47

Competitive Comparison of Everdisplay Optronics Shanghai Co's Days Payable

For the Electronic Components subindustry, Everdisplay Optronics Shanghai 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.

Everdisplay Optronics Shanghai Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Everdisplay Optronics Shanghai Co's Days Payable falls into.

Everdisplay Optronics Shanghai 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.

Everdisplay Optronics Shanghai 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
=	( (1384.159	+	1102.495)	/	2 )	/	4992.028	*	365
=	1243.327					/	4992.028	*	365
=	90.91

Everdisplay Optronics Shanghai 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
=	( (1102.495	+	1146.407)	/	2 )	/	1456.052	*	365 / 4
=	1124.451					/	1456.052	*	365 / 4
=	70.47

Everdisplay Optronics Shanghai Co Days Payable Related Terms

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Everdisplay Optronics Shanghai Co (SHSE:688538) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Everdisplay Optronics Shanghai Co Ltd (SHSE:688538) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1568, Jiugong Road, Jinshan Industrial Zone, Shanghai, CHN, 201506

Website

https://www.everdisplay.com

Everdisplay Optronics Shanghai Co Ltd is engaged in the research and development, production and sales of small and medium-sized AMOLED semiconductor display panels.

Executives

Zhang Bin	senior management
Liu Hui Ran	Directors, senior managers
Liang Xiao	senior management
Li Feng Ling	senior management
Chen Zhi Hong	senior management
Fu Wen Biao	Director

Everdisplay Optronics Shanghai Co (SHSE:688538) Headlines

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