Halo Microelectronics Co (SHSE:688173) Days Payable : 114.75 (As of Mar. 2024)

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What is Halo Microelectronics Co Days Payable?

Halo Microelectronics Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥104.4 Mil. Halo Microelectronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥83.0 Mil. Hence, Halo Microelectronics Co's Days Payable for the three months ended in Mar. 2024 was 114.75.

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

SHSE:688173' s Days Payable Range Over the Past 10 Years
Min: 0.52 Med: 24.58 Max: 86.59
Current: 86.59

During the past 6 years, Halo Microelectronics Co's highest Days Payable was 86.59. The lowest was 0.52. And the median was 24.58.

SHSE:688173's Days Payable is ranked better than
63.81% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs SHSE:688173: 86.59

Halo Microelectronics Co's Days Payable increased from Mar. 2023 (82.89) to Mar. 2024 (114.75). It may suggest that Halo Microelectronics Co delayed paying its suppliers.

Halo Microelectronics Co Days Payable Historical Data

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

Halo Microelectronics Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.76

19.21

23.40

27.36

81.50

Halo Microelectronics Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial												82.89	66.58	76.72	85.48	114.75

Competitive Comparison of Halo Microelectronics Co's Days Payable

For the Electronic Components subindustry, Halo 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.

Halo Microelectronics Co's Days Payable Distribution in the Hardware Industry

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

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

Halo 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.

Halo 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
=	( (17.694	+	93.659)	/	2 )	/	249.345	*	365
=	55.6765					/	249.345	*	365
=	81.50

Halo 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
=	( (93.659	+	115.153)	/	2 )	/	83.023	*	365 / 4
=	104.406					/	83.023	*	365 / 4
=	114.75

Halo Microelectronics Co Days Payable Related Terms

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Halo Microelectronics Co (SHSE:688173) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Halo Microelectronics Co Ltd (SHSE:688173) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Guilan North Road, Guicheng Street, Unit 305-308, Self-numbered Building Eight (A8), Core Area of ??Qiandeng Lake Venture Capital Town, Nanhai District, Guangdong Province, Foshan, CHN, 528200

Website

https://www.halomicro.com

Halo Microelectronics Co Ltd is engaged in designing and commercialization of analog and mixed-signal integrated circuit (IC) products. Its products are used mainly in two main applications: consumer electronics and automobile electronics.

Halo Microelectronics Co (SHSE:688173) Headlines

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