Hangzhou Lion Microelectronics Co (SHSE:605358) Days Payable : 188.38 (As of Mar. 2024)

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What is Hangzhou Lion Microelectronics Co Days Payable?

Hangzhou Lion Microelectronics Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,263 Mil. Hangzhou Lion Microelectronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥612 Mil. Hence, Hangzhou Lion Microelectronics Co's Days Payable for the three months ended in Mar. 2024 was 188.38.

The historical rank and industry rank for Hangzhou Lion Microelectronics Co's Days Payable or its related term are showing as below:

SHSE:605358' s Days Payable Range Over the Past 10 Years
Min: 103.66 Med: 131.62 Max: 199.65
Current: 181.87

During the past 9 years, Hangzhou Lion Microelectronics Co's highest Days Payable was 199.65. The lowest was 103.66. And the median was 131.62.

SHSE:605358's Days Payable is ranked better than
89.73% of 964 companies
in the Semiconductors industry
Industry Median: 51.78 vs SHSE:605358: 181.87

Hangzhou Lion Microelectronics Co's Days Payable declined from Mar. 2023 (210.65) to Mar. 2024 (188.38). It may suggest that Hangzhou Lion Microelectronics Co accelerated paying its suppliers.

Hangzhou Lion Microelectronics Co Days Payable Historical Data

The historical data trend for Hangzhou Lion Microelectronics 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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Hangzhou Lion Microelectronics Co Days Payable Chart

Hangzhou Lion Microelectronics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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163.46

131.62

128.11

191.06

199.65

Hangzhou Lion Microelectronics 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															210.65	174.21	208.75	168.19	188.38

Competitive Comparison of Hangzhou Lion Microelectronics Co's Days Payable

For the Semiconductors subindustry, Hangzhou Lion Microelectronics 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.

Hangzhou Lion Microelectronics Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Hangzhou Lion Microelectronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hangzhou Lion Microelectronics Co's Days Payable falls into.

Hangzhou Lion Microelectronics 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.

Hangzhou Lion Microelectronics 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
=	( (1130.277	+	1230.825)	/	2 )	/	2158.304	*	365
=	1180.551					/	2158.304	*	365
=	199.65

Hangzhou Lion Microelectronics 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
=	( (1230.825	+	1295.808)	/	2 )	/	611.94	*	365 / 4
=	1263.3165					/	611.94	*	365 / 4
=	188.38

Hangzhou Lion Microelectronics Co Days Payable Related Terms

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Hangzhou Lion Microelectronics Co (SHSE:605358) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hangzhou Lion Microelectronics Co Ltd (SHSE:605358) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 199, 20th Street, Economic and Technological Development Zone, Zhejiang Province, Hangzhou, CHN, 310018

Website

http://www.li-on.com

Hangzhou Lion Microelectronics Co Ltd is engaged in research and development, production and sales of semiconductor silicon wafers and semiconductor discrete device chips, as well as the production and sales of finished semiconductor discrete devices.

Hangzhou Lion Microelectronics Co (SHSE:605358) Headlines

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