National Silicon Industry Group Co (SHSE:688126) Days Payable : 45.47 (As of Dec. 2023)

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What is National Silicon Industry Group Co Days Payable?

National Silicon Industry Group Co's average Accounts Payable for the three months ended in Dec. 2023 was ¥361 Mil. National Silicon Industry Group Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥725 Mil. Hence, National Silicon Industry Group Co's Days Payable for the three months ended in Dec. 2023 was 45.47.

The historical rank and industry rank for National Silicon Industry Group Co's Days Payable or its related term are showing as below:

SHSE:688126' s Days Payable Range Over the Past 10 Years
Min: 35.89 Med: 50.08 Max: 87.02
Current: 50.2

During the past 8 years, National Silicon Industry Group Co's highest Days Payable was 87.02. The lowest was 35.89. And the median was 50.08.

SHSE:688126's Days Payable is ranked worse than
51.77% of 962 companies
in the Semiconductors industry
Industry Median: 51.77 vs SHSE:688126: 50.20

National Silicon Industry Group Co's Days Payable increased from Dec. 2022 (35.68) to Dec. 2023 (45.47). It may suggest that National Silicon Industry Group Co delayed paying its suppliers.

National Silicon Industry Group Co Days Payable Historical Data

The historical data trend for National Silicon Industry Group 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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National Silicon Industry Group Co Days Payable Chart

National Silicon Industry Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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53.11

51.13

38.52

35.89

43.40

National Silicon Industry Group Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															35.68	56.13	56.93	50.26	45.47

Competitive Comparison of National Silicon Industry Group Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, National Silicon Industry Group 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.

National Silicon Industry Group Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, National Silicon Industry Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where National Silicon Industry Group Co's Days Payable falls into.

National Silicon Industry Group 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.

National Silicon Industry Group 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
=	( (313.078	+	320.713)	/	2 )	/	2665.176	*	365
=	316.8955					/	2665.176	*	365
=	43.40

National Silicon Industry Group Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (401.557	+	320.713)	/	2 )	/	724.748	*	365 / 4
=	361.135					/	724.748	*	365 / 4
=	45.47

National Silicon Industry Group Co Days Payable Related Terms

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National Silicon Industry Group Co (SHSE:688126) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » National Silicon Industry Group Co Ltd (SHSE:688126) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 865 Changning Road, 4th Floor, Building 5, Shanghai, CHN, 200050

Website

http://www.nsig.com

National Silicon Industry Group was founded in 2015 after reorganizing several smaller silicon producers. Its major subsidiaries are Zing Semiconductor and Simgui domestically, and Okmetic in Finland. The company had an annual production capacity of 9 million wafers at the end of 2022. NSIG holds a 9% stake in France-based Soitec, which is both a supplier and a customer. NSIG is headquartered in Shanghai, China and employs over 2,400 people.

National Silicon Industry Group Co (SHSE:688126) Headlines

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