Beijing Huafeng Testntrol Technology Co (SHSE:688200) Days Payable

: 88.54 (As of Sep. 2023)

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Beijing Huafeng Testntrol Technology Co's average Accounts Payable for the three months ended in Sep. 2023 was ¥34.9 Mil. Beijing Huafeng Testntrol Technology Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥35.9 Mil. Hence, Beijing Huafeng Testntrol Technology Co's Days Payable for the three months ended in Sep. 2023 was 88.54.

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

SHSE:688200' s Days Payable Range Over the Past 10 Years
Min: 46.93 Med: 71.41 Max: 110.8
Current: 86.4

During the past 7 years, Beijing Huafeng Testntrol Technology Co's highest Days Payable was 110.80. The lowest was 46.93. And the median was 71.41.

SHSE:688200's Days Payable is ranked better than
73.12% of 960 companies
in the Semiconductors industry
Industry Median: 51.635 vs SHSE:688200: 86.40

Beijing Huafeng Testntrol Technology Co's Days Payable declined from Sep. 2022 (91.69) to Sep. 2023 (88.54). It may suggest that Beijing Huafeng Testntrol Technology Co accelerated paying its suppliers.

Beijing Huafeng Testntrol Technology Co Days Payable Historical Data

The historical data trend for Beijing Huafeng Testntrol Technology 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.

Beijing Huafeng Testntrol Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

58.03

46.93

109.61

110.80

92.36

Beijing Huafeng Testntrol Technology Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable																91.69	82.34	93.71	89.43	88.54

Competitive Comparison

For the Semiconductors subindustry, Beijing Huafeng Testntrol Technology 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.

Beijing Huafeng Testntrol Technology Co Days Payable Distribution

For the Semiconductors industry and Technology sector, Beijing Huafeng Testntrol Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Huafeng Testntrol Technology Co's Days Payable falls into.

Beijing Huafeng Testntrol Technology 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.

Beijing Huafeng Testntrol Technology Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (63.198	+	62.07)	/	2 )	/	247.538	*	365
=	62.634					/	247.538	*	365
=	92.36

Beijing Huafeng Testntrol Technology Co's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (38.627	+	31.082)	/	2 )	/	35.921	*	365 / 4
=	34.8545					/	35.921	*	365 / 4
=	88.54

Beijing Huafeng Testntrol Technology Co Days Payable Related Terms

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Beijing Huafeng Testntrol Technology Co (SHSE:688200) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Beijing Huafeng Test & Control Technology Co Ltd (SHSE:688200) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Floor, 2 Building, No 1 Haiying Road, Fengtai District, Beijing, CHN, 100070

Website

http://www.accotest.com

Beijing Huafeng Test & Control Technology Co Ltd is engaged in research, development, production, and sales of semiconductor automated test systems. The company's products include STS 8200 Test System and STS 8300 Test System.

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