Wafer Works (Shanghai) Co (SHSE:688584) Days Payable : 31.12 (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Wafer Works (Shanghai) Co Days Payable?

Wafer Works (Shanghai) Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥60 Mil. Wafer Works (Shanghai) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥175 Mil. Hence, Wafer Works (Shanghai) Co's Days Payable for the three months ended in Mar. 2024 was 31.12.

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

SHSE:688584' s Days Payable Range Over the Past 10 Years
Min: 35.03 Med: 66.64 Max: 82.14
Current: 35.03

During the past 7 years, Wafer Works (Shanghai) Co's highest Days Payable was 82.14. The lowest was 35.03. And the median was 66.64.

SHSE:688584's Days Payable is ranked worse than
70.85% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs SHSE:688584: 35.03

Wafer Works (Shanghai) Co's Days Payable declined from Mar. 2023 (68.87) to Mar. 2024 (31.12). It may suggest that Wafer Works (Shanghai) Co accelerated paying its suppliers.

Wafer Works (Shanghai) Co Days Payable Historical Data

The historical data trend for Wafer Works (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.

* Premium members only.

Wafer Works (Shanghai) Co Days Payable Chart

Wafer Works (Shanghai) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

69.82

82.14

74.53

65.71

46.95

Wafer Works (Shanghai) Co Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									68.87	47.61	36.18	36.50	31.12

Competitive Comparison of Wafer Works (Shanghai) Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Wafer Works (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.

Wafer Works (Shanghai) Co's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where Wafer Works (Shanghai) Co's Days Payable falls into.

Wafer Works (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.

Wafer Works (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
=	( (153.315	+	63.018)	/	2 )	/	840.91	*	365
=	108.1665					/	840.91	*	365
=	46.95

Wafer Works (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
=	( (63.018	+	56.38)	/	2 )	/	175.057	*	365 / 4
=	59.699					/	175.057	*	365 / 4
=	31.12

Wafer Works (Shanghai) Co Days Payable Related Terms

Thank you for viewing the detailed overview of Wafer Works (Shanghai) Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Wafer Works (Shanghai) Co (SHSE:688584) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Wafer Works (Shanghai) Co Ltd (SHSE:688584) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Wafer Works (Shanghai) Co Ltd is engaged in the manufacturing of semiconductor silicon epitaxial wafers in China. Its main products are semiconductor silicon epitaxial wafers and is mainly used to prepare power devices and analog chips, and are widely used in automobiles, communications, electric power, industry, consumer electronics, high-end equipment, and other fields.

Wafer Works (Shanghai) Co (SHSE:688584) Headlines

No Headlines