Nexchip Semiconductor (SHSE:688249) Days Payable : 277.75 (As of Mar. 2024)

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What is Nexchip Semiconductor Days Payable?

Nexchip Semiconductor's average Accounts Payable for the three months ended in Mar. 2024 was ¥5,087 Mil. Nexchip Semiconductor's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,671 Mil. Hence, Nexchip Semiconductor's Days Payable for the three months ended in Mar. 2024 was 277.75.

The historical rank and industry rank for Nexchip Semiconductor's Days Payable or its related term are showing as below:

SHSE:688249' s Days Payable Range Over the Past 10 Years
Min: 115.13 Med: 184.76 Max: 286.89
Current: 187.63

During the past 6 years, Nexchip Semiconductor's highest Days Payable was 286.89. The lowest was 115.13. And the median was 184.76.

SHSE:688249's Days Payable is ranked better than
90.57% of 965 companies
in the Semiconductors industry
Industry Median: 51.74 vs SHSE:688249: 187.63

Nexchip Semiconductor's Days Payable increased from Mar. 2023 (91.93) to Mar. 2024 (277.75). It may suggest that Nexchip Semiconductor delayed paying its suppliers.

Nexchip Semiconductor Days Payable Historical Data

The historical data trend for Nexchip Semiconductor'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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Nexchip Semiconductor Days Payable Chart

Nexchip Semiconductor Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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133.42

156.98

220.20

115.13

286.89

Nexchip Semiconductor Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									91.93	92.12	139.18	321.99	277.75

Competitive Comparison of Nexchip Semiconductor's Days Payable

For the Semiconductors subindustry, Nexchip Semiconductor'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.

Nexchip Semiconductor's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where Nexchip Semiconductor's Days Payable falls into.

Nexchip Semiconductor 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.

Nexchip Semiconductor'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
=	( (926.245	+	7999.764)	/	2 )	/	5678.173	*	365
=	4463.0045					/	5678.173	*	365
=	286.89

Nexchip Semiconductor'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
=	( (7999.764	+	2174.19)	/	2 )	/	1671.215	*	365 / 4
=	5086.977					/	1671.215	*	365 / 4
=	277.75

Nexchip Semiconductor Days Payable Related Terms

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Nexchip Semiconductor (SHSE:688249) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nexchip Semiconductor Corp (SHSE:688249) » Definitions » Days Payable

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Address

No. 88, West Feihe Road, Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230011

Website

https://www.nexchip.com.cn

Nexchip Semiconductor Corp is the first 12-inch wafer foundry enterprise in Anhui Province. The company focuses on semiconductor wafer production and foundry services and is committed to contributing to the improvement of domestic independent and controllable integrated circuit manufacturing capabilities, providing customers with different 150-55nm process technologies, and will introduce more advanced process technologies in the future. It is engaged in Research and development, production and sales of integrated circuit-related products and supporting products.

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