Nations Technologies (SZSE:300077) Days Payable : 111.55 (As of Mar. 2024)

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What is Nations Technologies Days Payable?

Nations Technologies's average Accounts Payable for the three months ended in Mar. 2024 was ¥230 Mil. Nations Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥189 Mil. Hence, Nations Technologies's Days Payable for the three months ended in Mar. 2024 was 111.55.

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

SZSE:300077' s Days Payable Range Over the Past 10 Years
Min: 88.7 Med: 137.46 Max: 284.79
Current: 94.47

During the past 13 years, Nations Technologies's highest Days Payable was 284.79. The lowest was 88.70. And the median was 137.46.

SZSE:300077's Days Payable is ranked better than
75.34% of 965 companies
in the Semiconductors industry
Industry Median: 51.92 vs SZSE:300077: 94.47

Nations Technologies's Days Payable declined from Mar. 2023 (126.47) to Mar. 2024 (111.55). It may suggest that Nations Technologies accelerated paying its suppliers.

Nations Technologies Days Payable Historical Data

The historical data trend for Nations Technologies'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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Nations Technologies Days Payable Chart

Nations Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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248.22

284.79

146.62

128.29

102.02

Nations Technologies 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															126.47	96.82	82.22	88.83	111.55

Competitive Comparison of Nations Technologies's Days Payable

For the Semiconductors subindustry, Nations Technologies'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.

Nations Technologies's Days Payable Distribution in the Semiconductors Industry

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

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

Nations Technologies 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.

Nations Technologies'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
=	( (265.705	+	230.915)	/	2 )	/	888.396	*	365
=	248.31					/	888.396	*	365
=	102.02

Nations Technologies'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
=	( (230.915	+	230.073)	/	2 )	/	188.547	*	365 / 4
=	230.494					/	188.547	*	365 / 4
=	111.55

Nations Technologies Days Payable Related Terms

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Nations Technologies (SZSE:300077) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nations Technologies Inc (SZSE:300077) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 109 Baoshen Road, National Technology Building, Nanshan District, Guangdong, Shenzhen, CHN, 518057

Website

http://www.nationz.com.cn

Nations Technologies Inc is a China-based company. It provides secure IC products and services in Internet identification authentication, TPM, secure modules, and personal digital security products and services. Its products include mobile identity, online banking, data encryption, e-Government, financial transaction and many others.

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