Changsha Jingjia Microelectronics Co (SZSE:300474) Days Payable : 785.76 (As of Mar. 2024)

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What is Changsha Jingjia Microelectronics Co Days Payable?

Changsha Jingjia Microelectronics Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥346.2 Mil. Changsha Jingjia Microelectronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥40.2 Mil. Hence, Changsha Jingjia Microelectronics Co's Days Payable for the three months ended in Mar. 2024 was 785.76.

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

SZSE:300474' s Days Payable Range Over the Past 10 Years
Min: 83.68 Med: 205.92 Max: 410.65
Current: 410.65

During the past 13 years, Changsha Jingjia Microelectronics Co's highest Days Payable was 410.65. The lowest was 83.68. And the median was 205.92.

SZSE:300474's Days Payable is ranked better than
96.78% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs SZSE:300474: 410.65

Changsha Jingjia Microelectronics Co's Days Payable declined from Mar. 2023 (900.26) to Mar. 2024 (785.76). It may suggest that Changsha Jingjia Microelectronics Co accelerated paying its suppliers.

Changsha Jingjia Microelectronics Co Days Payable Historical Data

The historical data trend for Changsha Jingjia Microelectronics 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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Changsha Jingjia Microelectronics Co Days Payable Chart

Changsha Jingjia Microelectronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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203.90

298.72

171.71

218.99

402.37

Changsha Jingjia Microelectronics 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															900.26	242.27	601.22	354.22	785.76

Competitive Comparison of Changsha Jingjia Microelectronics Co's Days Payable

For the Semiconductors subindustry, Changsha Jingjia Microelectronics 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.

Changsha Jingjia Microelectronics Co's Days Payable Distribution in the Semiconductors Industry

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

* The bar in red indicates where Changsha Jingjia Microelectronics Co's Days Payable falls into.

Changsha Jingjia Microelectronics 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.

Changsha Jingjia Microelectronics 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
=	( (279.194	+	344.747)	/	2 )	/	282.995	*	365
=	311.9705					/	282.995	*	365
=	402.37

Changsha Jingjia Microelectronics 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
=	( (344.747	+	347.638)	/	2 )	/	40.203	*	365 / 4
=	346.1925					/	40.203	*	365 / 4
=	785.76

Changsha Jingjia Microelectronics Co Days Payable Related Terms

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Changsha Jingjia Microelectronics Co (SZSE:300474) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Changsha Jingjia Microelectronics Co Ltd (SZSE:300474) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Meixihu Road, Yuelu District, Hunan Province, Changsha, CHN, 410221

Website

http://www.jingjiamicro.com

Changsha Jingjia Microelectronics Co Ltd is a China-based company engaged in designing and manufacturing electronic products and integrated circuits and related software. It offers solutions, products and ancillary services to customers in the areas of information detection, information processing, and information delivery. The company also develops and manufactures domestically produced graphics processing chips. Its products portfolio comprises of the signal processing module, armored vehicle active protection, airborne data link, display control and single board and others.

Executives

Hu Ya Hua	Executives
Liao Kai	Secretary Dong
Guo Hai	Executives
Yu Li Li	Director
Ceng Wan Hui	Directors, executives
Yu Sheng Fa	Directors, executives
Luo Jing Cheng	Executives
Yu Xiao You	Independent director
Chen Nu Xing	Supervisors
Rao Xian Hong	Director
Tian Li Song	Director

Changsha Jingjia Microelectronics Co (SZSE:300474) Headlines

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