Leaguer (Shenzhen) Microelectronics (SHSE:688589) Days Payable : 140.86 (As of Mar. 2024)

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What is Leaguer (Shenzhen) Microelectronics Days Payable?

Leaguer (Shenzhen) Microelectronics's average Accounts Payable for the three months ended in Mar. 2024 was ¥95.7 Mil. Leaguer (Shenzhen) Microelectronics's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥62.0 Mil. Hence, Leaguer (Shenzhen) Microelectronics's Days Payable for the three months ended in Mar. 2024 was 140.86.

The historical rank and industry rank for Leaguer (Shenzhen) Microelectronics's Days Payable or its related term are showing as below:

SHSE:688589' s Days Payable Range Over the Past 10 Years
Min: 119.75 Med: 215.65 Max: 265.47
Current: 129.65

During the past 11 years, Leaguer (Shenzhen) Microelectronics's highest Days Payable was 265.47. The lowest was 119.75. And the median was 215.65.

SHSE:688589's Days Payable is ranked better than
83.32% of 965 companies
in the Semiconductors industry
Industry Median: 51.64 vs SHSE:688589: 129.65

Leaguer (Shenzhen) Microelectronics's Days Payable declined from Mar. 2023 (182.01) to Mar. 2024 (140.86). It may suggest that Leaguer (Shenzhen) Microelectronics accelerated paying its suppliers.

Leaguer (Shenzhen) Microelectronics Days Payable Historical Data

The historical data trend for Leaguer (Shenzhen) Microelectronics'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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Leaguer (Shenzhen) Microelectronics Days Payable Chart

Leaguer (Shenzhen) Microelectronics Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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217.39

265.47

200.79

178.91

119.75

Leaguer (Shenzhen) Microelectronics 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															182.01	160.33	104.10	130.78	140.86

Competitive Comparison of Leaguer (Shenzhen) Microelectronics's Days Payable

For the Semiconductors subindustry, Leaguer (Shenzhen) Microelectronics'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.

Leaguer (Shenzhen) Microelectronics's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Leaguer (Shenzhen) Microelectronics's Days Payable distribution charts can be found below:

* The bar in red indicates where Leaguer (Shenzhen) Microelectronics's Days Payable falls into.

Leaguer (Shenzhen) Microelectronics 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.

Leaguer (Shenzhen) Microelectronics'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
=	( (128.486	+	92.234)	/	2 )	/	336.375	*	365
=	110.36					/	336.375	*	365
=	119.75

Leaguer (Shenzhen) Microelectronics'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
=	( (92.234	+	99.125)	/	2 )	/	61.983	*	365 / 4
=	95.6795					/	61.983	*	365 / 4
=	140.86

Leaguer (Shenzhen) Microelectronics Days Payable Related Terms

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Leaguer (Shenzhen) Microelectronics (SHSE:688589) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Leaguer (Shenzhen) Microelectronics Corp (SHSE:688589) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xili Street, 1101, 11th Floor, Research Building, High-tech Industrial Park, Tsinghua Information Port, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

http://www.leaguerme.com

Leaguer (Shenzhen) Microelectronics Corp is engaged in independent research and development of the core basic technology and underlying algorithms of the Internet of Things communication and integrate the research and development results into the independently designed Internet of Things communication chip. It is an IC company focusing on power line communication (PLC) ASIC products and module solutions for smart things connectivity. Its products include ASIC Chips & Solutions for Smart Things Connectivity and Narrow-band & High-speed PLC Technology and IC.

Executives

Feng Zhen Gang	Director
Gao Feng	senior management
Huang Xing Ping	Directors, senior managers
Chen Li Heng	Directors, senior managers, core technical personn
Zhang Zhi Yu	Senior management, core technical personnel
Wu Ying	senior management
Zhong Li Hui	senior management
	Directors, senior managers, core technical personn
Li Hai Xia	senior management
Zhu Yong	Core technical personnel
Zhou Xiao Xin	Core technical personnel
Zhou Shi Quan	senior management
Cao Xin Yu	Supervisors

Leaguer (Shenzhen) Microelectronics (SHSE:688589) Headlines

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