ACM Research (Shanghai) (SHSE:688082) Days Payable : 269.28 (As of Mar. 2024)

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What is ACM Research (Shanghai) Days Payable?

ACM Research (Shanghai)'s average Accounts Payable for the three months ended in Mar. 2024 was ¥1,460 Mil. ACM Research (Shanghai)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ¥495 Mil. Hence, ACM Research (Shanghai)'s Days Payable for the three months ended in Mar. 2024 was 269.28.

The historical rank and industry rank for ACM Research (Shanghai)'s Days Payable or its related term are showing as below:

SHSE:688082' s Days Payable Range Over the Past 10 Years
Min: 140.19 Med: 200.9 Max: 239.77
Current: 222.01

During the past 7 years, ACM Research (Shanghai)'s highest Days Payable was 239.77. The lowest was 140.19. And the median was 200.90.

SHSE:688082's Days Payable is ranked better than
92.31% of 962 companies
in the Semiconductors industry
Industry Median: 51.78 vs SHSE:688082: 222.01

ACM Research (Shanghai)'s Days Payable declined from Mar. 2023 (331.78) to Mar. 2024 (269.28). It may suggest that ACM Research (Shanghai) accelerated paying its suppliers.

ACM Research (Shanghai) Days Payable Historical Data

The historical data trend for ACM Research (Shanghai)'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.

ACM Research (Shanghai) Days Payable Chart

ACM Research (Shanghai) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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145.67

140.19

200.90

210.69

239.77

ACM Research (Shanghai) Quarterly Data
	Dec18	Mar19	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															331.78	198.70	209.85	215.00	269.28

Competitive Comparison of ACM Research (Shanghai)'s Days Payable

For the Semiconductor Equipment & Materials subindustry, ACM Research (Shanghai)'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.

ACM Research (Shanghai)'s Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ACM Research (Shanghai)'s Days Payable distribution charts can be found below:

* The bar in red indicates where ACM Research (Shanghai)'s Days Payable falls into.

ACM Research (Shanghai) 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.

ACM Research (Shanghai)'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
=	( (961.442	+	1491.128)	/	2 )	/	1866.8	*	365
=	1226.285					/	1866.8	*	365
=	239.77

ACM Research (Shanghai)'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
=	( (1491.128	+	1428.322)	/	2 )	/	494.645	*	365 / 4
=	1459.725					/	494.645	*	365 / 4
=	269.28

ACM Research (Shanghai) Days Payable Related Terms

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ACM Research (Shanghai) (SHSE:688082) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ACM Research (Shanghai) Inc (SHSE:688082) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 1690 Cailun Road, Building 4, Zhangjiang Hi-Tech Park, Shanghai, CHN, 201203

Website

https://www.acmrcsh.com

ACM Research (Shanghai) Inc is engaged in manufacturing and distribution of semiconductor devices. The company produces semiconductor electroplating equipment, advanced packaging wet equipment, semiconductor cleaning equipment, and other equipment.

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