Fibocom Wireless (SZSE:300638) Days Payable : 104.38 (As of Mar. 2024)

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What is Fibocom Wireless Days Payable?

Fibocom Wireless's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,906 Mil. Fibocom Wireless's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,666 Mil. Hence, Fibocom Wireless's Days Payable for the three months ended in Mar. 2024 was 104.38.

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

SZSE:300638' s Days Payable Range Over the Past 10 Years
Min: 41.61 Med: 112.77 Max: 148.29
Current: 108.6

During the past 12 years, Fibocom Wireless's highest Days Payable was 148.29. The lowest was 41.61. And the median was 112.77.

SZSE:300638's Days Payable is ranked better than
74.41% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs SZSE:300638: 108.60

Fibocom Wireless's Days Payable declined from Mar. 2023 (112.67) to Mar. 2024 (104.38). It may suggest that Fibocom Wireless accelerated paying its suppliers.

Fibocom Wireless Days Payable Historical Data

The historical data trend for Fibocom Wireless'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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Fibocom Wireless Days Payable Chart

Fibocom Wireless Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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108.11

148.29

134.22

125.91

117.42

Fibocom Wireless 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															112.67	101.63	107.06	128.10	104.38

Competitive Comparison of Fibocom Wireless's Days Payable

For the Communication Equipment subindustry, Fibocom Wireless'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.

Fibocom Wireless's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Fibocom Wireless's Days Payable falls into.

Fibocom Wireless 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.

Fibocom Wireless'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
=	( (1877.68	+	1937.975)	/	2 )	/	5930.406	*	365
=	1907.8275					/	5930.406	*	365
=	117.42

Fibocom Wireless'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
=	( (1937.975	+	1873.815)	/	2 )	/	1666.154	*	365 / 4
=	1905.895					/	1666.154	*	365 / 4
=	104.38

Fibocom Wireless Days Payable Related Terms

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Fibocom Wireless (SZSE:300638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fibocom Wireless Inc (SZSE:300638) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

1057 Nanhai Avenue, No. 501A, 5th Floor, Building A, Phase II, Shekou Science and Technology Building, Nanshan District, Guangdong, Shenzhen, CHN, 518067

Website

http://www.fibocom.com.cn

Fibocom Wireless Inc is a Chinese wireless communication module and solutions provider. It is focused on the development of the Internet of Things (IoT) and consumer electronics. The company brand products cover LTE, NB-IoT/eMTC, HSPA, GSM/GPRS wireless communication modules and solutions. Through IoT, the company offers solutions such as wireless payment, car networking, security monitoring, mobile internet, and smart grid.

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