Amoy Diagnostics Co (SZSE:300685) Days Payable : 43.26 (As of Mar. 2024)

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What is Amoy Diagnostics Co Days Payable?

Amoy Diagnostics Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥17 Mil. Amoy Diagnostics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥36 Mil. Hence, Amoy Diagnostics Co's Days Payable for the three months ended in Mar. 2024 was 43.26.

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

SZSE:300685' s Days Payable Range Over the Past 10 Years
Min: 39.02 Med: 100.74 Max: 450.92
Current: 39.02

During the past 12 years, Amoy Diagnostics Co's highest Days Payable was 450.92. The lowest was 39.02. And the median was 100.74.

SZSE:300685's Days Payable is ranked worse than
71.71% of 205 companies
in the Medical Diagnostics & Research industry
Industry Median: 65.48 vs SZSE:300685: 39.02

Amoy Diagnostics Co's Days Payable declined from Mar. 2023 (61.64) to Mar. 2024 (43.26). It may suggest that Amoy Diagnostics Co accelerated paying its suppliers.

Amoy Diagnostics Co Days Payable Historical Data

The historical data trend for Amoy Diagnostics 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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Amoy Diagnostics Co Days Payable Chart

Amoy Diagnostics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

96.58

58.64

48.48

56.00

42.80

Amoy Diagnostics 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															61.64	36.48	40.62	36.11	43.26

Competitive Comparison of Amoy Diagnostics Co's Days Payable

For the Diagnostics & Research subindustry, Amoy Diagnostics 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.

Amoy Diagnostics Co's Days Payable Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Amoy Diagnostics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Amoy Diagnostics Co's Days Payable falls into.

Amoy Diagnostics 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.

Amoy Diagnostics 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
=	( (21.333	+	17.897)	/	2 )	/	167.294	*	365
=	19.615					/	167.294	*	365
=	42.80

Amoy Diagnostics 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
=	( (17.897	+	16.485)	/	2 )	/	36.258	*	365 / 4
=	17.191					/	36.258	*	365 / 4
=	43.26

Amoy Diagnostics Co Days Payable Related Terms

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Amoy Diagnostics Co (SZSE:300685) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Amoy Diagnostics Co Ltd (SZSE:300685) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Dingshan Road, Haicang District, Xiamen, CHN, 361027

Website

http://www.amoydx.com

Amoy Diagnostics Co Ltd is the pharmaceutical company based in China. The company primarily focuses on molecular diagnostics for oncology precision medicine. It provides diagnostic products and services for medicine development and clinical oncology practice. The company's products include gene mutation, nucleic acid extraction, and molecular diagnostic kits comprising EGFR, RAS, ALK, BRAF, PIK3CA, and ROS1 testing kits.

Amoy Diagnostics Co (SZSE:300685) Headlines

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