Maxscend Microelectronics Co (SZSE:300782) Days Payable : 101.48 (As of Mar. 2024)

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What is Maxscend Microelectronics Co Days Payable?

Maxscend Microelectronics Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥757 Mil. Maxscend Microelectronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥681 Mil. Hence, Maxscend Microelectronics Co's Days Payable for the three months ended in Mar. 2024 was 101.48.

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

SZSE:300782' s Days Payable Range Over the Past 10 Years
Min: 30.66 Med: 47.15 Max: 89.77
Current: 86.75

During the past 10 years, Maxscend Microelectronics Co's highest Days Payable was 89.77. The lowest was 30.66. And the median was 47.15.

SZSE:300782's Days Payable is ranked better than
73.47% of 965 companies
in the Semiconductors industry
Industry Median: 51.74 vs SZSE:300782: 86.75

Maxscend Microelectronics Co's Days Payable declined from Mar. 2023 (125.95) to Mar. 2024 (101.48). It may suggest that Maxscend Microelectronics Co accelerated paying its suppliers.

Maxscend Microelectronics Co Days Payable Historical Data

The historical data trend for Maxscend 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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Maxscend Microelectronics Co Days Payable Chart

Maxscend Microelectronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.33

48.78

55.84

89.77

86.47

Maxscend 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															125.95	102.85	67.86	73.11	101.48

Competitive Comparison of Maxscend Microelectronics Co's Days Payable

For the Semiconductors subindustry, Maxscend 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.

Maxscend Microelectronics Co's Days Payable Distribution in the Semiconductors Industry

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

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

Maxscend 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.

Maxscend 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
=	( (476.116	+	634.842)	/	2 )	/	2344.669	*	365
=	555.479					/	2344.669	*	365
=	86.47

Maxscend 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
=	( (634.842	+	879.267)	/	2 )	/	680.763	*	365 / 4
=	757.0545					/	680.763	*	365 / 4
=	101.48

Maxscend Microelectronics Co Days Payable Related Terms

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Maxscend Microelectronics Co (SZSE:300782) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Maxscend Microelectronics Co Ltd (SZSE:300782) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

No.777 Building West Road, 11th Floor, Building A3, Binhu District, Jiangsu, Wuxi, CHN, 214072

Website

http://www.maxscend.com

Maxscend Microelectronics Co Ltd is a Chinese based company involved in the integrated circuit business. The business activity of the group includes integrated circuit production; technology development of integrated circuits and providing software technical services.

Maxscend Microelectronics Co (SZSE:300782) Headlines

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