Gushengtang Holdings (HKSE:02273) Days Payable : 44.60 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Gushengtang Holdings Days Payable?

Gushengtang Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$246 Mil. Gushengtang Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,006 Mil. Hence, Gushengtang Holdings's Days Payable for the six months ended in Dec. 2023 was 44.60.

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

HKSE:02273' s Days Payable Range Over the Past 10 Years
Min: 46.28 Med: 75.3 Max: 123.18
Current: 46.28

During the past 6 years, Gushengtang Holdings's highest Days Payable was 123.18. The lowest was 46.28. And the median was 75.30.

HKSE:02273's Days Payable is ranked worse than
62.27% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 62.12 vs HKSE:02273: 46.28

Gushengtang Holdings's Days Payable declined from Dec. 2022 (44.89) to Dec. 2023 (44.60). It may suggest that Gushengtang Holdings accelerated paying its suppliers.

Gushengtang Holdings Days Payable Historical Data

The historical data trend for Gushengtang Holdings'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.

Gushengtang Holdings Days Payable Chart

Gushengtang Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

97.73

84.84

65.75

55.35

51.08

Gushengtang Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					63.47	54.87	44.89	42.94	44.60

Competitive Comparison of Gushengtang Holdings's Days Payable

For the Medical Care Facilities subindustry, Gushengtang Holdings'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.

Gushengtang Holdings's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Gushengtang Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Gushengtang Holdings's Days Payable falls into.

Gushengtang Holdings 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.

Gushengtang Holdings'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
=	( (183.482	+	313.498)	/	2 )	/	1775.588	*	365
=	248.49					/	1775.588	*	365
=	51.08

Gushengtang Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (178.427	+	313.498)	/	2 )	/	1006.463	*	365 / 2
=	245.9625					/	1006.463	*	365 / 2
=	44.60

Gushengtang Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Gushengtang Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Gushengtang Holdings (HKSE:02273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Gushengtang Holdings Ltd (HKSE:02273) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 419, Qingsha Road, Room 005, Dongchong Town, Nansha District, Guangzhou, CHN

Website

https://www.gstzy.cn

Gushengtang Holdings Ltd is a traditional Chinese medicine (TCM) company. Through offline medical institutions and online healthcare platforms, it provides customers with a comprehensive range of TCM healthcare services and products to address diverse medical and healthcare management needs. As all of the Group's revenue is derived from the PRC.

Executives

Tu Zhiliang	2501 Other
Wumianshan Ltd.	2201 Interest of corporation controlled by you
Frandor Limited
Tu Family Holdings Limited
Trident Trust Company (singapore) Pte. Limited
Dream True Limited
Action Thrive Group Limited	2101 Beneficial owner
Fmr Llc	2201 Interest of corporation controlled by you
Eight Roads Holdings Limited	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Eight Roads Shareholdings Limited	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Johnson Iv Edward C.	2301 Trustee
Johnson Abigail P.	2301 Trustee

Gushengtang Holdings (HKSE:02273) Headlines

No Headlines