Actions Technology Co (SHSE:688049) Days Payable : 42.74 (As of Mar. 2024)

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What is Actions Technology Co Days Payable?

Actions Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥30.3 Mil. Actions Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥64.7 Mil. Hence, Actions Technology Co's Days Payable for the three months ended in Mar. 2024 was 42.74.

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

SHSE:688049' s Days Payable Range Over the Past 10 Years
Min: 37.44 Med: 50.72 Max: 73.8
Current: 37.44

During the past 7 years, Actions Technology Co's highest Days Payable was 73.80. The lowest was 37.44. And the median was 50.72.

SHSE:688049's Days Payable is ranked worse than
66.32% of 965 companies
in the Semiconductors industry
Industry Median: 51.92 vs SHSE:688049: 37.44

Actions Technology Co's Days Payable declined from Mar. 2023 (62.67) to Mar. 2024 (42.74). It may suggest that Actions Technology Co accelerated paying its suppliers.

Actions Technology Co Days Payable Historical Data

The historical data trend for Actions 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.

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Actions Technology Co Days Payable Chart

Actions Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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46.76

55.06

64.93

73.80

44.94

Actions Technology Co Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial														62.67	33.61	40.77	38.58	42.74

Competitive Comparison of Actions Technology Co's Days Payable

For the Semiconductors subindustry, Actions 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.

Actions Technology Co's Days Payable Distribution in the Semiconductors Industry

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

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

Actions 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.

Actions Technology 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
=	( (44.389	+	27.668)	/	2 )	/	292.636	*	365
=	36.0285					/	292.636	*	365
=	44.94

Actions Technology 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
=	( (27.668	+	32.906)	/	2 )	/	64.663	*	365 / 4
=	30.287					/	64.663	*	365 / 4
=	42.74

Actions Technology Co Days Payable Related Terms

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Actions Technology Co (SHSE:688049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Actions Technology Co Ltd (SHSE:688049) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Keji 4th Road, Zone C, 1st Floor, No.1 Factory Building, Tangjiawan Town, High-tech Zone, Guangdong Province, Zhuhai, CHN, 519085

Website

http://www.actions-semi.com

Actions Technology Co Ltd is engaged in the research and development, design and sales of mid-to-high-end smart audio SoC chips.

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