Huizhou Speed Wireless Technology Co (SZSE:300322) Days Payable : 133.32 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Huizhou Speed Wireless Technology Co Days Payable?

Huizhou Speed Wireless Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥408 Mil. Huizhou Speed Wireless Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥279 Mil. Hence, Huizhou Speed Wireless Technology Co's Days Payable for the three months ended in Mar. 2024 was 133.32.

The historical rank and industry rank for Huizhou Speed Wireless Technology Co's Days Payable or its related term are showing as below:

SZSE:300322' s Days Payable Range Over the Past 10 Years
Min: 95.14 Med: 134.09 Max: 168.77
Current: 118.36

During the past 13 years, Huizhou Speed Wireless Technology Co's highest Days Payable was 168.77. The lowest was 95.14. And the median was 134.09.

SZSE:300322's Days Payable is ranked better than
77.42% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs SZSE:300322: 118.36

Huizhou Speed Wireless Technology Co's Days Payable declined from Mar. 2023 (162.61) to Mar. 2024 (133.32). It may suggest that Huizhou Speed Wireless Technology Co accelerated paying its suppliers.

Huizhou Speed Wireless Technology Co Days Payable Historical Data

The historical data trend for Huizhou Speed Wireless Technology 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.

Huizhou Speed Wireless Technology Co Days Payable Chart

Huizhou Speed Wireless Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

140.02

168.77

149.50

150.59

133.08

Huizhou Speed Wireless Technology 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															162.61	119.67	118.84	108.67	133.32

Competitive Comparison of Huizhou Speed Wireless Technology Co's Days Payable

For the Communication Equipment subindustry, Huizhou Speed Wireless Technology 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.

Huizhou Speed Wireless Technology Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Huizhou Speed Wireless Technology Co's Days Payable falls into.

Huizhou Speed Wireless Technology 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.

Huizhou Speed Wireless Technology 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
=	( (518.703	+	451.627)	/	2 )	/	1330.678	*	365
=	485.165					/	1330.678	*	365
=	133.08

Huizhou Speed Wireless Technology 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
=	( (451.627	+	365.03)	/	2 )	/	279.48	*	365 / 4
=	408.3285					/	279.48	*	365 / 4
=	133.32

Huizhou Speed Wireless Technology Co Days Payable Related Terms

Thank you for viewing the detailed overview of Huizhou Speed Wireless Technology Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Huizhou Speed Wireless Technology Co (SZSE:300322) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Huizhou Speed Wireless Technology Co Ltd (SZSE:300322) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

SX-01-02, Shangxia Section, Hi-tech District of East-river, Guangdong, Huizhou, CHN, 516255

Website

http://www.speed-hz.com

Huizhou Speed Wireless Technology Co Ltd is a manufacturer of wireless communication antennas and intelligent terminal product components. The product range consists of precision molds, plastic and metal structure, wireless charging products, fingerprint sensor module, and semiconductor packaging and testing, advanced intelligent test fixture and equipment. The products are mainly used in mobile phones, tablets, wearable devices, notebook computers, automobiles, unmanned aerial vehicles, security monitoring and other fields.

Huizhou Speed Wireless Technology Co (SZSE:300322) Headlines

No Headlines