Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) Days Payable : 148.05 (As of Mar. 2024)

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What is Southchip Semiconductor Technology (Shanghai) Co Days Payable?

Southchip Semiconductor Technology (Shanghai) Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥561 Mil. Southchip Semiconductor Technology (Shanghai) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥346 Mil. Hence, Southchip Semiconductor Technology (Shanghai) Co's Days Payable for the three months ended in Mar. 2024 was 148.05.

The historical rank and industry rank for Southchip Semiconductor Technology (Shanghai) Co's Days Payable or its related term are showing as below:

SHSE:688484' s Days Payable Range Over the Past 10 Years
Min: 26.14 Med: 46.3 Max: 256.33
Current: 168.15

During the past 5 years, Southchip Semiconductor Technology (Shanghai) Co's highest Days Payable was 256.33. The lowest was 26.14. And the median was 46.30.

SHSE:688484's Days Payable is ranked better than
88.38% of 964 companies
in the Semiconductors industry
Industry Median: 51.78 vs SHSE:688484: 168.15

Southchip Semiconductor Technology (Shanghai) Co's Days Payable declined from Mar. 2023 (355.46) to Mar. 2024 (148.05). It may suggest that Southchip Semiconductor Technology (Shanghai) Co accelerated paying its suppliers.

Southchip Semiconductor Technology (Shanghai) Co Days Payable Historical Data

The historical data trend for Southchip Semiconductor Technology (Shanghai) 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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Southchip Semiconductor Technology (Shanghai) Co Days Payable Chart

Southchip Semiconductor Technology (Shanghai) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

46.30

41.43

26.14

218.37

256.33

Southchip Semiconductor Technology (Shanghai) Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial								355.46	236.56	172.08	157.16	148.05

Competitive Comparison of Southchip Semiconductor Technology (Shanghai) Co's Days Payable

For the Semiconductors subindustry, Southchip Semiconductor Technology (Shanghai) 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.

Southchip Semiconductor Technology (Shanghai) Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Southchip Semiconductor Technology (Shanghai) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Southchip Semiconductor Technology (Shanghai) Co's Days Payable falls into.

Southchip Semiconductor Technology (Shanghai) 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.

Southchip Semiconductor Technology (Shanghai) 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
=	( (823.522	+	619.31)	/	2 )	/	1027.258	*	365
=	721.416					/	1027.258	*	365
=	256.33

Southchip Semiconductor Technology (Shanghai) 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
=	( (619.31	+	502.331)	/	2 )	/	345.651	*	365 / 4
=	560.8205					/	345.651	*	365 / 4
=	148.05

Southchip Semiconductor Technology (Shanghai) Co Days Payable Related Terms

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Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Southchip Semiconductor Technology (Shanghai) Co Ltd (SHSE:688484) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 54, Lane 565, Shengxia Road, Room 1601, Building 4, Pilot Free Trade Zone, Shanghai, CHN, 201210

Website

http://www.southchip.com

Southchip Semiconductor Technology (Shanghai) Co Ltd is engaged in the research and development, design and sales of analog and embedded chips, power supply and battery management.

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