Suzhou Maxwell Technologies Co (SZSE:300751) Days Payable : 272.55 (As of Mar. 2024)

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What is Suzhou Maxwell Technologies Co Days Payable?

Suzhou Maxwell Technologies Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥4,576 Mil. Suzhou Maxwell Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,532 Mil. Hence, Suzhou Maxwell Technologies Co's Days Payable for the three months ended in Mar. 2024 was 272.55.

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

SZSE:300751' s Days Payable Range Over the Past 10 Years
Min: 152.15 Med: 256.45 Max: 307.23
Current: 288.16

During the past 10 years, Suzhou Maxwell Technologies Co's highest Days Payable was 307.23. The lowest was 152.15. And the median was 256.45.

SZSE:300751's Days Payable is ranked better than
94.28% of 962 companies
in the Semiconductors industry
Industry Median: 51.78 vs SZSE:300751: 288.16

Suzhou Maxwell Technologies Co's Days Payable declined from Mar. 2023 (417.82) to Mar. 2024 (272.55). It may suggest that Suzhou Maxwell Technologies Co accelerated paying its suppliers.

Suzhou Maxwell Technologies Co Days Payable Historical Data

The historical data trend for Suzhou Maxwell 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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Suzhou Maxwell Technologies Co Days Payable Chart

Suzhou Maxwell Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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284.78

228.55

203.09

298.92

253.85

Suzhou Maxwell 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															417.82	383.04	363.73	232.70	272.55

Competitive Comparison of Suzhou Maxwell Technologies Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Suzhou Maxwell 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.

Suzhou Maxwell Technologies Co's Days Payable Distribution in the Semiconductors Industry

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

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

Suzhou Maxwell 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.

Suzhou Maxwell 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
=	( (2996.039	+	4821.995)	/	2 )	/	5620.506	*	365
=	3909.017					/	5620.506	*	365
=	253.85

Suzhou Maxwell 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
=	( (4821.995	+	4329.802)	/	2 )	/	1532.04	*	365 / 4
=	4575.8985					/	1532.04	*	365 / 4
=	272.55

Suzhou Maxwell Technologies Co Days Payable Related Terms

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Suzhou Maxwell Technologies Co (SZSE:300751) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Suzhou Maxwell Technologies Co Ltd (SZSE:300751) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 1801, Pangjin Road, D02 Building, Pangjin Industrial Square, Economic and Technological Development Zon, Wujiang, CHN, 215200

Website

http://www.maxwell-gp.com

Suzhou Maxwell Technologies Co Ltd is a manufacturer of integrating mechanical equipment design, electrical development, software algorithm development and precision manufacturing equipment. It is primarily involved in solar cell production equipment and is the leading equipment supplier and service provider of photovoltaic industry.

Suzhou Maxwell Technologies Co (SZSE:300751) Headlines

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