VeriSilicon Microelectronics Shanghai Co (SHSE:688521) Days Payable : 52.01 (As of Mar. 2024)

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What is VeriSilicon Microelectronics Shanghai Co Days Payable?

VeriSilicon Microelectronics Shanghai Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥98 Mil. VeriSilicon Microelectronics Shanghai Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥173 Mil. Hence, VeriSilicon Microelectronics Shanghai Co's Days Payable for the three months ended in Mar. 2024 was 52.01.

The historical rank and industry rank for VeriSilicon Microelectronics Shanghai Co's Days Payable or its related term are showing as below:

SHSE:688521' s Days Payable Range Over the Past 10 Years
Min: 37.62 Med: 54.83 Max: 69.82
Current: 37.62

During the past 8 years, VeriSilicon Microelectronics Shanghai Co's highest Days Payable was 69.82. The lowest was 37.62. And the median was 54.83.

SHSE:688521's Days Payable is ranked worse than
66.42% of 962 companies
in the Semiconductors industry
Industry Median: 51.78 vs SHSE:688521: 37.62

VeriSilicon Microelectronics Shanghai Co's Days Payable increased from Mar. 2023 (50.02) to Mar. 2024 (52.01). It may suggest that VeriSilicon Microelectronics Shanghai Co delayed paying its suppliers.

VeriSilicon Microelectronics Shanghai Co Days Payable Historical Data

The historical data trend for VeriSilicon Microelectronics 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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VeriSilicon Microelectronics Shanghai Co Days Payable Chart

VeriSilicon Microelectronics Shanghai Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.61

57.05

52.36

51.93

43.82

VeriSilicon Microelectronics Shanghai Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															50.02	45.20	29.03	30.56	52.01

Competitive Comparison of VeriSilicon Microelectronics Shanghai Co's Days Payable

For the Semiconductors subindustry, VeriSilicon Microelectronics 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.

VeriSilicon Microelectronics Shanghai Co's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where VeriSilicon Microelectronics Shanghai Co's Days Payable falls into.

VeriSilicon Microelectronics 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.

VeriSilicon Microelectronics 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
=	( (214.066	+	96.068)	/	2 )	/	1291.724	*	365
=	155.067					/	1291.724	*	365
=	43.82

VeriSilicon Microelectronics 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
=	( (96.068	+	100.864)	/	2 )	/	172.751	*	365 / 4
=	98.466					/	172.751	*	365 / 4
=	52.01

VeriSilicon Microelectronics Shanghai Co Days Payable Related Terms

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VeriSilicon Microelectronics Shanghai Co (SHSE:688521) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » VeriSilicon Microelectronics Shanghai Co Ltd (SHSE:688521) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.289, Chunxiao Road, 20A, Zhangjiang Building, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201203

Website

http://www.verisilicon.com

VeriSilicon Microelectronics Shanghai Co Ltd provides its customers with platform-based, all-round, one-stop custom silicon services and semiconductor IP licensing services leveraging its in-house semiconductor IP. The company provides a variety of customized silicon solutions, including high-definition video, high-definition audio and voice, In-Vehicle Infotainment, video surveillance, IoT connectivity, data center. In addition, VeriSilicon has five types of in-house processor IPs, namely GPU IP, NPU IP, VPU, DSP IP and ISP IP, and more than 1,400 analog and mixed signal IPs and RF IPs.

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