Jadard Technology (SHSE:688252) Days Payable : 56.95 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Jadard Technology Days Payable?

Jadard Technology's average Accounts Payable for the three months ended in Mar. 2024 was ¥173 Mil. Jadard Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥278 Mil. Hence, Jadard Technology's Days Payable for the three months ended in Mar. 2024 was 56.95.

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

SHSE:688252' s Days Payable Range Over the Past 10 Years
Min: 37.21 Med: 54.18 Max: 63.14
Current: 49.94

During the past 6 years, Jadard Technology's highest Days Payable was 63.14. The lowest was 37.21. And the median was 54.18.

SHSE:688252's Days Payable is ranked worse than
52.12% of 965 companies
in the Semiconductors industry
Industry Median: 51.92 vs SHSE:688252: 49.94

Jadard Technology's Days Payable increased from Mar. 2023 (47.43) to Mar. 2024 (56.95). It may suggest that Jadard Technology delayed paying its suppliers.

Jadard Technology Days Payable Historical Data

The historical data trend for Jadard Technology'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.

Jadard Technology Days Payable Chart

Jadard Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

57.11

63.14

56.31

43.15

52.05

Jadard Technology Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											47.43	47.15	49.15	49.56	56.95

Competitive Comparison of Jadard Technology's Days Payable

For the Semiconductors subindustry, Jadard Technology'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.

Jadard Technology's Days Payable Distribution in the Semiconductors Industry

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

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

Jadard Technology 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.

Jadard Technology'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
=	( (104.09	+	171.715)	/	2 )	/	967.025	*	365
=	137.9025					/	967.025	*	365
=	52.05

Jadard Technology'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
=	( (171.715	+	174.944)	/	2 )	/	277.723	*	365 / 4
=	173.3295					/	277.723	*	365 / 4
=	56.95

Jadard Technology Days Payable Related Terms

Thank you for viewing the detailed overview of Jadard Technology's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Jadard Technology (SHSE:688252) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Jadard Technology Inc (SHSE:688252) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 002, Gaoxin South 1st Road, Yuehai Street, Room 901, 9th Floor, Fiyta Technology Building, Nanshan District, Gaoxin District Community, Guangdong Province, Shenzhen, CHN, 518052

Website

http://www.tdytech.com

Jadard Technology Inc is engaged in the research and development, design and sales of integrated single-chip in the field of mobile intelligent terminals.

Jadard Technology (SHSE:688252) Headlines

No Headlines