Accelink Technologies Co (SZSE:002281) Days Payable : 211.02 (As of Mar. 2024)

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What is Accelink Technologies Co Days Payable?

Accelink Technologies Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,313 Mil. Accelink Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,000 Mil. Hence, Accelink Technologies Co's Days Payable for the three months ended in Mar. 2024 was 211.02.

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

SZSE:002281' s Days Payable Range Over the Past 10 Years
Min: 149.74 Med: 167.1 Max: 178.49
Current: 171.2

During the past 13 years, Accelink Technologies Co's highest Days Payable was 178.49. The lowest was 149.74. And the median was 167.10.

SZSE:002281's Days Payable is ranked better than
88.81% of 965 companies
in the Semiconductors industry
Industry Median: 51.74 vs SZSE:002281: 171.20

Accelink Technologies Co's Days Payable declined from Mar. 2023 (212.68) to Mar. 2024 (211.02). It may suggest that Accelink Technologies Co accelerated paying its suppliers.

Accelink Technologies Co Days Payable Historical Data

The historical data trend for Accelink Technologies 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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Accelink Technologies Co Days Payable Chart

Accelink Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

172.18

170.05

170.44

158.05

178.49

Accelink Technologies 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															212.68	162.73	159.62	150.72	211.02

Competitive Comparison of Accelink Technologies Co's Days Payable

For the Semiconductors subindustry, Accelink Technologies 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.

Accelink Technologies Co's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where Accelink Technologies Co's Days Payable falls into.

Accelink Technologies 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.

Accelink Technologies 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
=	( (2340.621	+	2245.591)	/	2 )	/	4689.29	*	365
=	2293.106					/	4689.29	*	365
=	178.49

Accelink Technologies 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
=	( (2245.591	+	2380.031)	/	2 )	/	1000.104	*	365 / 4
=	2312.811					/	1000.104	*	365 / 4
=	211.02

Accelink Technologies Co Days Payable Related Terms

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Accelink Technologies Co (SZSE:002281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Accelink Technologies Co Ltd (SZSE:002281) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Tanhu Road, Canglongdao Development Zone, Jiangxia Dist, Wuhan, CHN, 430205

Website

http://www.accelink.com

Accelink Technologies Co Ltd is an optoelectronic device company in China. Its develop optoelectronic devices. Its main products include optical amplifiers, wavelength division multiplexers, optical switches, optical fiber couplers, and optical fiber connectors, among others.

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