Suzhou Etron Technologies Co (SHSE:603380) Days Payable : 163.46 (As of Mar. 2024)

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What is Suzhou Etron Technologies Co Days Payable?

Suzhou Etron Technologies Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥615 Mil. Suzhou Etron Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥343 Mil. Hence, Suzhou Etron Technologies Co's Days Payable for the three months ended in Mar. 2024 was 163.46.

The historical rank and industry rank for Suzhou Etron Technologies Co's Days Payable or its related term are showing as below:

SHSE:603380' s Days Payable Range Over the Past 10 Years
Min: 99.61 Med: 118.32 Max: 153.71
Current: 153.71

During the past 12 years, Suzhou Etron Technologies Co's highest Days Payable was 153.71. The lowest was 99.61. And the median was 118.32.

SHSE:603380's Days Payable is ranked better than
85.37% of 2420 companies
in the Hardware industry
Industry Median: 68.065 vs SHSE:603380: 153.71

Suzhou Etron Technologies Co's Days Payable increased from Mar. 2023 (133.09) to Mar. 2024 (163.46). It may suggest that Suzhou Etron Technologies Co delayed paying its suppliers.

Suzhou Etron Technologies Co Days Payable Historical Data

The historical data trend for Suzhou Etron Technologies 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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Suzhou Etron Technologies Co Days Payable Chart

Suzhou Etron Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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118.43

109.21

120.02

118.21

131.43

Suzhou Etron Technologies 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															133.09	164.77	172.25	140.18	163.46

Competitive Comparison of Suzhou Etron Technologies Co's Days Payable

For the Electronic Components subindustry, Suzhou Etron Technologies 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.

Suzhou Etron Technologies Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suzhou Etron Technologies Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Suzhou Etron Technologies Co's Days Payable falls into.

Suzhou Etron Technologies 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.

Suzhou Etron Technologies 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
=	( (460.891	+	615.707)	/	2 )	/	1494.927	*	365
=	538.299					/	1494.927	*	365
=	131.43

Suzhou Etron Technologies 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
=	( (615.707	+	613.65)	/	2 )	/	343.138	*	365 / 4
=	614.6785					/	343.138	*	365 / 4
=	163.46

Suzhou Etron Technologies Co Days Payable Related Terms

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Suzhou Etron Technologies Co (SHSE:603380) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Suzhou Etron Technologies Co Ltd (SHSE:603380) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

No. 50, Chunxing Road, Xiangcheng Economic Development Zone, Jiangsu Province, Suzhou, CHN, 215143

Website

http://www.etron.cn

Suzhou Etron Technologies Co Ltd is an electronics manufacturing services provider. The company's primary business includes the electronic manufacturing and testing, supply chain management, customized research and development, as well as engineering and technical support solutions. The company's product line consists of an industrial product, telecommunication product, health care product, automotive product, high-end consumer product and aerospace product.

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