Ping An Healthcare And Technology Co (HKSE:01833) Days Payable : 92.48 (As of Dec. 2023)

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What is Ping An Healthcare And Technology Co Days Payable?

Ping An Healthcare And Technology Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$919 Mil. Ping An Healthcare And Technology Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,814 Mil. Hence, Ping An Healthcare And Technology Co's Days Payable for the six months ended in Dec. 2023 was 92.48.

The historical rank and industry rank for Ping An Healthcare And Technology Co's Days Payable or its related term are showing as below:

HKSE:01833' s Days Payable Range Over the Past 10 Years
Min: 32.15 Med: 98.73 Max: 253.21
Current: 96.25

During the past 9 years, Ping An Healthcare And Technology Co's highest Days Payable was 253.21. The lowest was 32.15. And the median was 98.73.

HKSE:01833's Days Payable is ranked better than
66.67% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.58 vs HKSE:01833: 96.25

Ping An Healthcare And Technology Co's Days Payable increased from Dec. 2022 (61.91) to Dec. 2023 (92.48). It may suggest that Ping An Healthcare And Technology Co delayed paying its suppliers.

Ping An Healthcare And Technology Co Days Payable Historical Data

The historical data trend for Ping An Healthcare And Technology 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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Ping An Healthcare And Technology Co Days Payable Chart

Ping An Healthcare And Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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38.69

32.15

96.00

141.34

98.73

Ping An Healthcare And Technology Co Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial											105.38	148.99	61.91	97.81	92.48

Competitive Comparison of Ping An Healthcare And Technology Co's Days Payable

For the Health Information Services subindustry, Ping An Healthcare And Technology 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.

Ping An Healthcare And Technology Co's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ping An Healthcare And Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ping An Healthcare And Technology Co's Days Payable falls into.

Ping An Healthcare And Technology 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.

Ping An Healthcare And Technology 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
=	( (900.594	+	972.17)	/	2 )	/	3461.863	*	365
=	936.382					/	3461.863	*	365
=	98.73

Ping An Healthcare And Technology Co'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
=	( (865.984	+	972.17)	/	2 )	/	1813.741	*	365 / 2
=	919.077					/	1813.741	*	365 / 2
=	92.48

Ping An Healthcare And Technology Co Days Payable Related Terms

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Ping An Healthcare And Technology Co (HKSE:01833) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ping An Healthcare And Technology Co Ltd (HKSE:01833) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PANHF:USA 1XZ:Germany

Address

No. 166, Kaibin Road, Shanghai Ping An Building, 17th-19th Floor, Block B, Shanghai, CHN

Website

https://www.pagd.net

Ping An Healthcare and Technology is the parent of Ping An Good Doctor, or PAGD, an online platform offering healthcare services in the form of a health maintenance organization, or HMO, model that provides commercial healthcare services and offers healthcare checkup, healthcare management, and corporate reimbursement for a fee. The company leverages the network of health providers from its parent Ping An Group, where it enters into contracts with physicians, hospitals, and specialists to offer their services to HMO participants. Other than commercial healthcare premium services, PAGD offers online consultations and prescription e-commerce online to individuals. The platform has 978 corporate clients and 43 million paying users. PAGD is 38.43% owned by its parent company.

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