Shanghai V-Test Semiconductor Tech Co (SHSE:688372) Days Payable : 192.16 (As of Mar. 2024)

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What is Shanghai V-Test Semiconductor Tech Co Days Payable?

Shanghai V-Test Semiconductor Tech Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥284.0 Mil. Shanghai V-Test Semiconductor Tech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥134.8 Mil. Hence, Shanghai V-Test Semiconductor Tech Co's Days Payable for the three months ended in Mar. 2024 was 192.16.

The historical rank and industry rank for Shanghai V-Test Semiconductor Tech Co's Days Payable or its related term are showing as below:

SHSE:688372' s Days Payable Range Over the Past 10 Years
Min: 88.1 Med: 127.08 Max: 251.32
Current: 134.82

During the past 6 years, Shanghai V-Test Semiconductor Tech Co's highest Days Payable was 251.32. The lowest was 88.10. And the median was 127.08.

SHSE:688372's Days Payable is ranked better than
84.34% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs SHSE:688372: 134.82

Shanghai V-Test Semiconductor Tech Co's Days Payable increased from Mar. 2023 (90.80) to Mar. 2024 (192.16). It may suggest that Shanghai V-Test Semiconductor Tech Co delayed paying its suppliers.

Shanghai V-Test Semiconductor Tech Co Days Payable Historical Data

The historical data trend for Shanghai V-Test Semiconductor Tech 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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Shanghai V-Test Semiconductor Tech Co Days Payable Chart

Shanghai V-Test Semiconductor Tech Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

120.88

251.32

134.62

88.10

129.88

Shanghai V-Test Semiconductor Tech Co 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											90.80	93.07	97.78	124.10	192.16

Competitive Comparison of Shanghai V-Test Semiconductor Tech Co's Days Payable

For the Semiconductors subindustry, Shanghai V-Test Semiconductor Tech 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.

Shanghai V-Test Semiconductor Tech Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai V-Test Semiconductor Tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai V-Test Semiconductor Tech Co's Days Payable falls into.

Shanghai V-Test Semiconductor Tech 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.

Shanghai V-Test Semiconductor Tech 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
=	( (93.308	+	226.618)	/	2 )	/	449.551	*	365
=	159.963					/	449.551	*	365
=	129.88

Shanghai V-Test Semiconductor Tech 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
=	( (226.618	+	341.294)	/	2 )	/	134.84	*	365 / 4
=	283.956					/	134.84	*	365 / 4
=	192.16

Shanghai V-Test Semiconductor Tech Co Days Payable Related Terms

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Shanghai V-Test Semiconductor Tech Co (SHSE:688372) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shanghai V-Test Semiconductor Tech Co Ltd (SHSE:688372) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 38 Dongsheng Road, 2nd Floor, Building 2, Area A, Pudong New Area, Shanghai, CHN, 201201

Website

http://www.v-test.com.cn

Shanghai V-Test Semiconductor Tech Co Ltd is engaged in the wafer testing, finished chip testing and supporting services related to integrated circuit testing.

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