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Primarius Technologies Co (SHSE:688206) Days Payable : 864.71 (As of Mar. 2024)


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What is Primarius Technologies Co Days Payable?

Primarius Technologies Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥44.4 Mil. Primarius Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥4.7 Mil. Hence, Primarius Technologies Co's Days Payable for the three months ended in Mar. 2024 was 864.71.

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

SHSE:688206' s Days Payable Range Over the Past 10 Years
Min: 4.73   Med: 209.01   Max: 588.82
Current: 153.75

During the past 6 years, Primarius Technologies Co's highest Days Payable was 588.82. The lowest was 4.73. And the median was 209.01.

SHSE:688206's Days Payable is ranked better than
86.93% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs SHSE:688206: 153.75

Primarius Technologies Co's Days Payable increased from Mar. 2023 (96.09) to Mar. 2024 (864.71). It may suggest that Primarius Technologies Co delayed paying its suppliers.


Primarius Technologies Co Days Payable Historical Data

The historical data trend for Primarius 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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Primarius Technologies Co Days Payable Chart

Primarius Technologies Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 588.82 274.66 391.42 143.36 124.96

Primarius Technologies Co Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.09 27.27 71.63 125.48 864.71

Competitive Comparison of Primarius Technologies Co's Days Payable

For the Semiconductors subindustry, Primarius 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.


Primarius Technologies Co's Days Payable Distribution in the Semiconductors Industry

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

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



Primarius 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.

Primarius 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
=( (8.101 + 31.279) / 2 ) / 57.514*365
=19.69 / 57.514*365
=124.96

Primarius 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
=( (31.279 + 57.438) / 2 ) / 4.681*365 / 4
=44.3585 / 4.681*365 / 4
=864.71

* 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.


Primarius Technologies Co Days Payable Related Terms

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Primarius Technologies Co (SHSE:688206) Business Description

Traded in Other Exchanges
N/A
Address
No.888 Huanhu West Second Road, Building C, Lingang New Area, Pilot Free Trade Zone, Shanghai, CHN, 201306
Primarius Technologies Co Ltd is committed towards delivering innovative EDA solutions to tighten the linkage between advanced process development and high-end chip designs.

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