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Shanghai Sinyang Semiconductor Materials Co (SZSE:300236) Days Payable : 206.79 (As of Mar. 2024)


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What is Shanghai Sinyang Semiconductor Materials Co Days Payable?

Shanghai Sinyang Semiconductor Materials Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥404 Mil. Shanghai Sinyang Semiconductor Materials Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥178 Mil. Hence, Shanghai Sinyang Semiconductor Materials Co's Days Payable for the three months ended in Mar. 2024 was 206.79.

The historical rank and industry rank for Shanghai Sinyang Semiconductor Materials Co's Days Payable or its related term are showing as below:

SZSE:300236' s Days Payable Range Over the Past 10 Years
Min: 150.77   Med: 170.82   Max: 188.61
Current: 161.45

During the past 13 years, Shanghai Sinyang Semiconductor Materials Co's highest Days Payable was 188.61. The lowest was 150.77. And the median was 170.82.

SZSE:300236's Days Payable is ranked better than
87.76% of 964 companies
in the Semiconductors industry
Industry Median: 51.69 vs SZSE:300236: 161.45

Shanghai Sinyang Semiconductor Materials Co's Days Payable increased from Mar. 2023 (161.42) to Mar. 2024 (206.79). It may suggest that Shanghai Sinyang Semiconductor Materials Co delayed paying its suppliers.


Shanghai Sinyang Semiconductor Materials Co Days Payable Historical Data

The historical data trend for Shanghai Sinyang Semiconductor Materials 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.

Shanghai Sinyang Semiconductor Materials Co Days Payable Chart

Shanghai Sinyang Semiconductor Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 150.77 173.01 188.61 172.07 176.39

Shanghai Sinyang Semiconductor Materials 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 161.42 144.43 147.10 160.44 206.79

Competitive Comparison of Shanghai Sinyang Semiconductor Materials Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Shanghai Sinyang Semiconductor Materials 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.


Shanghai Sinyang Semiconductor Materials Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai Sinyang Semiconductor Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Sinyang Semiconductor Materials Co's Days Payable falls into.



Shanghai Sinyang Semiconductor Materials 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.

Shanghai Sinyang Semiconductor Materials 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
=( (339.135 + 420.625) / 2 ) / 786.099*365
=379.88 / 786.099*365
=176.39

Shanghai Sinyang Semiconductor Materials 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
=( (420.625 + 387.628) / 2 ) / 178.332*365 / 4
=404.1265 / 178.332*365 / 4
=206.79

* 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.


Shanghai Sinyang Semiconductor Materials Co Days Payable Related Terms

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Shanghai Sinyang Semiconductor Materials Co (SZSE:300236) Business Description

Traded in Other Exchanges
N/A
Address
No. 3600, Sixian Road, Songjiang District, Shanghai, CHN, 201616
Shanghai Sinyang Semiconductor Materials Co Ltd is a high-tech company focusing on the research and development, design, manufacturing, sales, and services of electronic materials and its related surface treatment equipment. It is involved in the electronics industry, semiconductor manufacturing, packaging test and assembly, solar cell manufacturing and aerospace electronic industries. The products offered by the company includes traditional encapsulation of semiconductor, advanced manufacturing and packaging of semiconductor, and aerospace aircraft electronic chemical materials.
Executives
Shao Jian Min Directors, executives
Wang Fu Xiang Director
Xie Ming Supervisors
Fang Shu Nong Directors, executives
Geng Lei Director
Wang Su Executives
Feng Li Executives
Yang Jing Secretary Dong
Li Hao Director
Zhou Hong Xiao Securities Affairs Representative
Sun Jiang Yan Director
Lv Hai Bo Directors, executives

Shanghai Sinyang Semiconductor Materials Co (SZSE:300236) Headlines

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