United Nova Technology Co (SHSE:688469) Days Payable : 186.93 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is United Nova Technology Co Days Payable?

United Nova Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,957 Mil. United Nova Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,443 Mil. Hence, United Nova Technology Co's Days Payable for the three months ended in Mar. 2024 was 186.93.

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

SHSE:688469' s Days Payable Range Over the Past 10 Years
Min: 213.18 Med: 229.25 Max: 461.05
Current: 238.6

During the past 5 years, United Nova Technology Co's highest Days Payable was 461.05. The lowest was 213.18. And the median was 229.25.

SHSE:688469's Days Payable is ranked better than
93.26% of 965 companies
in the Semiconductors industry
Industry Median: 51.74 vs SHSE:688469: 238.60

United Nova Technology Co's Days Payable declined from Mar. 2023 (352.47) to Mar. 2024 (186.93). It may suggest that United Nova Technology Co accelerated paying its suppliers.

United Nova Technology Co Days Payable Historical Data

The historical data trend for United Nova Technology 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.

* Premium members only.

United Nova Technology Co Days Payable Chart

United Nova Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

461.05

238.61

213.18

229.25

221.10

United Nova Technology Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial								352.47	282.38	288.26	207.95	186.93

Competitive Comparison of United Nova Technology Co's Days Payable

For the Semiconductors subindustry, United Nova Technology 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.

United Nova Technology Co's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where United Nova Technology Co's Days Payable falls into.

United Nova Technology 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.

United Nova Technology 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
=	( (3968.884	+	2921.086)	/	2 )	/	5687.086	*	365
=	3444.985					/	5687.086	*	365
=	221.10

United Nova Technology 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
=	( (2921.086	+	2992.445)	/	2 )	/	1443.313	*	365 / 4
=	2956.7655					/	1443.313	*	365 / 4
=	186.93

United Nova Technology Co Days Payable Related Terms

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

United Nova Technology Co (SHSE:688469) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » United Nova Technology Co Ltd (SHSE:688469) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 518 Linjiang Road, Gaobu Street, Yuecheng District, Zhejiang Province, Shaoxing, CHN, 312000

Website

https://www.smecs.com

United Nova Technology Co Ltd formerly Semiconductor Manufacturing Electronics (Shaoxing) Corp provides foundry services focusing on technology solutions for power, connection and sensor signal chains. On top of wafer foundry service, SMEC also extended its foundry service to module packages in order to support semiconductor companies with a one-stop solution. SMEC provides a complete manufacturing platform to support customer mass production as well as technology development.

United Nova Technology Co (SHSE:688469) Headlines

No Headlines