Suzhou Nanomicro Technology Co (SHSE:688690) Days Payable : 124.45 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Suzhou Nanomicro Technology Co Days Payable?

Suzhou Nanomicro Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥45.0 Mil. Suzhou Nanomicro Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥33.0 Mil. Hence, Suzhou Nanomicro Technology Co's Days Payable for the three months ended in Mar. 2024 was 124.45.

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

SHSE:688690' s Days Payable Range Over the Past 10 Years
Min: 78.51 Med: 172.07 Max: 366.36
Current: 111.87

During the past 7 years, Suzhou Nanomicro Technology Co's highest Days Payable was 366.36. The lowest was 78.51. And the median was 172.07.

SHSE:688690's Days Payable is ranked better than
80.84% of 1498 companies
in the Chemicals industry
Industry Median: 60.475 vs SHSE:688690: 111.87

Suzhou Nanomicro Technology Co's Days Payable increased from Mar. 2023 (120.68) to Mar. 2024 (124.45). It may suggest that Suzhou Nanomicro Technology Co delayed paying its suppliers.

Suzhou Nanomicro Technology Co Days Payable Historical Data

The historical data trend for Suzhou Nanomicro 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.

Suzhou Nanomicro Technology Co Days Payable Chart

Suzhou Nanomicro Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

366.36

146.29

78.51

94.86

Suzhou Nanomicro Technology Co Quarterly Data
	Dec17	Dec18	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															120.68	107.88	116.04	88.90	124.45

Competitive Comparison of Suzhou Nanomicro Technology Co's Days Payable

For the Chemicals subindustry, Suzhou Nanomicro 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.

Suzhou Nanomicro Technology Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Suzhou Nanomicro Technology Co's Days Payable distribution charts can be found below:

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

Suzhou Nanomicro 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.

Suzhou Nanomicro 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
=	( (33.837	+	33.062)	/	2 )	/	128.709	*	365
=	33.4495					/	128.709	*	365
=	94.86

Suzhou Nanomicro 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
=	( (33.062	+	56.975)	/	2 )	/	33.009	*	365 / 4
=	45.0185					/	33.009	*	365 / 4
=	124.45

Suzhou Nanomicro Technology Co Days Payable Related Terms

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

Suzhou Nanomicro Technology Co (SHSE:688690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Suzhou Nanomicro Technology Co Ltd (SHSE:688690) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 2, Baichuan Street, Industrial Park, Jiangsu Province, Suzhou, CHN

Website

http://www.nanomicrotech.com

Suzhou Nanomicro Technology Co Ltd is engaged in the high-performance nano-microsphere materials research and development, large-scale production, sales and application services.

Executives

	Core technical personnel
	Senior management, core technical personnel
Lin Sheng Yue	Director, core technical staff
Zhao Shun	Director
Hua Xiao Feng	senior management
Wang Dong	senior management
	Director, core technical staff
Wu Ai Jun	senior management
	Senior management, core technical personnel
Mou Yi Ping	Directors, senior managers
Mi Jian Qiu	senior management
Yu Xiu Zhen	Supervisors
	senior management

Suzhou Nanomicro Technology Co (SHSE:688690) Headlines

No Headlines