Jiangsu Yoke Technology Co (SZSE:002409) Days Payable : 54.47 (As of Mar. 2024)

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What is Jiangsu Yoke Technology Co Days Payable?

Jiangsu Yoke Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥671 Mil. Jiangsu Yoke Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,125 Mil. Hence, Jiangsu Yoke Technology Co's Days Payable for the three months ended in Mar. 2024 was 54.47.

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

SZSE:002409' s Days Payable Range Over the Past 10 Years
Min: 43.35 Med: 60.33 Max: 94.21
Current: 50.64

During the past 13 years, Jiangsu Yoke Technology Co's highest Days Payable was 94.21. The lowest was 43.35. And the median was 60.33.

SZSE:002409's Days Payable is ranked worse than
51.3% of 965 companies
in the Semiconductors industry
Industry Median: 51.74 vs SZSE:002409: 50.64

Jiangsu Yoke Technology Co's Days Payable increased from Mar. 2023 (49.39) to Mar. 2024 (54.47). It may suggest that Jiangsu Yoke Technology Co delayed paying its suppliers.

Jiangsu Yoke Technology Co Days Payable Historical Data

The historical data trend for Jiangsu Yoke 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.

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Jiangsu Yoke Technology Co Days Payable Chart

Jiangsu Yoke Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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43.35

70.49

56.51

53.67

60.37

Jiangsu Yoke Technology 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															49.39	40.63	45.00	59.33	54.47

Competitive Comparison of Jiangsu Yoke Technology Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Jiangsu Yoke 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.

Jiangsu Yoke Technology Co's Days Payable Distribution in the Semiconductors Industry

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

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

Jiangsu Yoke 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.

Jiangsu Yoke 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
=	( (423.411	+	652.85)	/	2 )	/	3253.628	*	365
=	538.1305					/	3253.628	*	365
=	60.37

Jiangsu Yoke 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
=	( (652.85	+	689.957)	/	2 )	/	1124.692	*	365 / 4
=	671.4035					/	1124.692	*	365 / 4
=	54.47

Jiangsu Yoke Technology Co Days Payable Related Terms

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Jiangsu Yoke Technology Co (SZSE:002409) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Jiangsu Yoke Technology Co Ltd (SZSE:002409) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Yixing Economic Development Zone, Jinxi North Road, Yixing City, Jiangsu Province, CHN, 214200

Website

http://www.yokechem.com

Jiangsu Yoke Technology Co Ltd is a China-based company. It mainly engaged in the research and development of electronic semiconductor materials, cryogenic composite materials, and plastic additives materials. The company develops integrated circuits (wafer manufacturing and packaging), flat panel display (including LCD and OLED) and other electronic manufacturing industry chain.

Jiangsu Yoke Technology Co (SZSE:002409) Headlines

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