Bide Pharmatech Co (SHSE:688073) Days Payable : 99.78 (As of Mar. 2024)

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What is Bide Pharmatech Co Days Payable?

Bide Pharmatech Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥176 Mil. Bide Pharmatech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥161 Mil. Hence, Bide Pharmatech Co's Days Payable for the three months ended in Mar. 2024 was 99.78.

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

SHSE:688073' s Days Payable Range Over the Past 10 Years
Min: 96.65 Med: 133.35 Max: 172.29
Current: 103.13

During the past 6 years, Bide Pharmatech Co's highest Days Payable was 172.29. The lowest was 96.65. And the median was 133.35.

SHSE:688073's Days Payable is ranked better than
59.18% of 975 companies
in the Drug Manufacturers industry
Industry Median: 87.13 vs SHSE:688073: 103.13

Bide Pharmatech Co's Days Payable declined from Mar. 2023 (119.87) to Mar. 2024 (99.78). It may suggest that Bide Pharmatech Co accelerated paying its suppliers.

Bide Pharmatech Co Days Payable Historical Data

The historical data trend for Bide Pharmatech 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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Bide Pharmatech Co Days Payable Chart

Bide Pharmatech Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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127.54

139.16

172.29

146.94

96.65

Bide Pharmatech Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											119.87	110.72	104.69	97.94	99.78

Competitive Comparison of Bide Pharmatech Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Bide Pharmatech 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.

Bide Pharmatech Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Bide Pharmatech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Bide Pharmatech Co's Days Payable falls into.

Bide Pharmatech 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.

Bide Pharmatech 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
=	( (167.371	+	179.566)	/	2 )	/	655.121	*	365
=	173.4685					/	655.121	*	365
=	96.65

Bide Pharmatech 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
=	( (179.566	+	171.47)	/	2 )	/	160.518	*	365 / 4
=	175.518					/	160.518	*	365 / 4
=	99.78

Bide Pharmatech Co Days Payable Related Terms

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Bide Pharmatech Co (SHSE:688073) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Bide Pharmatech Co Ltd (SHSE:688073) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 128, Xiangyin Road, Room 101, Block A, Building 11, Yangpu District, Shanghai, CHN, 200433

Website

https://www.bidepharmatech.com

Bide Pharmatech Co Ltd is engaged in the research and development, design, production and sales of drug molecular building blocks.

Bide Pharmatech Co (SHSE:688073) Headlines

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