Huaren Pharmaceutical Co (SZSE:300110) Days Payable : 53.13 (As of Mar. 2024)

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What is Huaren Pharmaceutical Co Days Payable?

Huaren Pharmaceutical Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥137 Mil. Huaren Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥236 Mil. Hence, Huaren Pharmaceutical Co's Days Payable for the three months ended in Mar. 2024 was 53.13.

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

SZSE:300110' s Days Payable Range Over the Past 10 Years
Min: 49.63 Med: 71.24 Max: 137.81
Current: 52.04

During the past 13 years, Huaren Pharmaceutical Co's highest Days Payable was 137.81. The lowest was 49.63. And the median was 71.24.

SZSE:300110's Days Payable is ranked worse than
72.76% of 973 companies
in the Drug Manufacturers industry
Industry Median: 89.33 vs SZSE:300110: 52.04

Huaren Pharmaceutical Co's Days Payable increased from Mar. 2023 (48.10) to Mar. 2024 (53.13). It may suggest that Huaren Pharmaceutical Co delayed paying its suppliers.

Huaren Pharmaceutical Co Days Payable Historical Data

The historical data trend for Huaren Pharmaceutical 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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Huaren Pharmaceutical Co Days Payable Chart

Huaren Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

60.54

59.36

62.69

49.63

51.62

Huaren Pharmaceutical 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															48.10	49.98	60.26	48.22	53.13

Competitive Comparison of Huaren Pharmaceutical Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Huaren Pharmaceutical 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.

Huaren Pharmaceutical Co's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Huaren Pharmaceutical Co's Days Payable falls into.

Huaren Pharmaceutical 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.

Huaren Pharmaceutical 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
=	( (122.753	+	142.323)	/	2 )	/	937.202	*	365
=	132.538					/	937.202	*	365
=	51.62

Huaren Pharmaceutical 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
=	( (142.323	+	132.171)	/	2 )	/	235.725	*	365 / 4
=	137.247					/	235.725	*	365 / 4
=	53.13

Huaren Pharmaceutical Co Days Payable Related Terms

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Huaren Pharmaceutical Co (SZSE:300110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Huaren Pharmaceutical Co Ltd (SZSE:300110) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 187 Zhuzhou Road, Qingdao, Shandong, CHN, 266100

Website

http://www.qdhuaren.com

Huaren Pharmaceutical Co Ltd is a China-based company engaged in the manufacture, and sale of non-polyvinyl chloride and Non-PVC large capacity preparations. Its categories of products include conventional infusion, therapy infusion, and nutrition infusion. The company distributes its products in domestic market, with Northeast China as its main market.

Executives

Yang Xiao Dong	Director
Bo Guo Xiu	Executives
Zhou Xi Jian	Director
Mao Yu Wei	Supervisors
Chu Xiao Jun	Executives
Zhou Qiang	Directors, executives
Ji Sheng Bin	Executives
Xiao Wei Wen	Executives
Shen Hong Ce	Executives
Li Xiao Li	Executives
Liu Qian	Executives
Wang Wen Ping	Executives
Liang Fu You	Director
Liang Fu Dong	Director
Gong Ling	Secretary Dong

Huaren Pharmaceutical Co (SZSE:300110) Headlines

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