Synthesis Electronic Technology Co (SZSE:300479) Days Payable : 1,054.39 (As of Mar. 2024)

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What is Synthesis Electronic Technology Co Days Payable?

Synthesis Electronic Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥198.4 Mil. Synthesis Electronic Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥17.2 Mil. Hence, Synthesis Electronic Technology Co's Days Payable for the three months ended in Mar. 2024 was 1,054.39.

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

SZSE:300479' s Days Payable Range Over the Past 10 Years
Min: 63.93 Med: 108.11 Max: 243.25
Current: 243.25

During the past 13 years, Synthesis Electronic Technology Co's highest Days Payable was 243.25. The lowest was 63.93. And the median was 108.11.

SZSE:300479's Days Payable is ranked better than
91.83% of 2927 companies
in the Industrial Products industry
Industry Median: 76.55 vs SZSE:300479: 243.25

Synthesis Electronic Technology Co's Days Payable increased from Mar. 2023 (130.44) to Mar. 2024 (1,054.39). It may suggest that Synthesis Electronic Technology Co delayed paying its suppliers.

Synthesis Electronic Technology Co Days Payable Historical Data

The historical data trend for Synthesis Electronic 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.

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Synthesis Electronic Technology Co Days Payable Chart

Synthesis Electronic Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

67.60

116.21

127.04

121.02

206.59

Synthesis Electronic 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															130.44	306.73	205.15	126.28	1,054.39

Competitive Comparison of Synthesis Electronic Technology Co's Days Payable

For the Business Equipment & Supplies subindustry, Synthesis Electronic 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.

Synthesis Electronic Technology Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Synthesis Electronic Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Synthesis Electronic Technology Co's Days Payable falls into.

Synthesis Electronic 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.

Synthesis Electronic 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
=	( (79.269	+	221.385)	/	2 )	/	265.597	*	365
=	150.327					/	265.597	*	365
=	206.59

Synthesis Electronic 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
=	( (221.385	+	175.48)	/	2 )	/	17.173	*	365 / 4
=	198.4325					/	17.173	*	365 / 4
=	1,054.39

Synthesis Electronic Technology Co Days Payable Related Terms

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Synthesis Electronic Technology Co (SZSE:300479) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Synthesis Electronic Technology Co Ltd (SZSE:300479) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

High-tech Zone, Shunhua Road, No. 699 Spiritual Technology Park, Jinan, CHN, 250101

Website

http://www.sdses.com

Synthesis Electronic Technology Co Ltd is engaged in developing, producing, selling and servicing smart Identity authentication terminals and industrial application software. The solutions developed have been put into batch commercial application in banking, public security, communication, social security, and medical care. The company is also into data and cloud computing services.

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