Wuxi AppTec Co (SHSE:603259) Days Payable : 27.48 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Wuxi AppTec Co Days Payable?

Wuxi AppTec Co's average Accounts Payable for the three months ended in Dec. 2023 was ¥1,923 Mil. Wuxi AppTec Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥6,387 Mil. Hence, Wuxi AppTec Co's Days Payable for the three months ended in Dec. 2023 was 27.48.

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

SHSE:603259' s Days Payable Range Over the Past 10 Years
Min: 22.95 Med: 26.87 Max: 35.92
Current: 29.41

During the past 10 years, Wuxi AppTec Co's highest Days Payable was 35.92. The lowest was 22.95. And the median was 26.87.

SHSE:603259's Days Payable is ranked worse than
79.05% of 210 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.79 vs SHSE:603259: 29.41

Wuxi AppTec Co's Days Payable increased from Dec. 2022 (23.41) to Dec. 2023 (27.48). It may suggest that Wuxi AppTec Co delayed paying its suppliers.

Wuxi AppTec Co Days Payable Historical Data

The historical data trend for Wuxi AppTec 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.

* Premium members only.

Wuxi AppTec Co Days Payable Chart

Wuxi AppTec Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

23.01

27.30

35.92

26.55

25.42

Wuxi AppTec Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															23.41	31.08	31.69	31.67	27.48

Competitive Comparison of Wuxi AppTec Co's Days Payable

For the Diagnostics & Research subindustry, Wuxi AppTec 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.

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

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

* The bar in red indicates where Wuxi AppTec Co's Days Payable falls into.

Wuxi AppTec 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.

Wuxi AppTec 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
=	( (1659.314	+	1645.322)	/	2 )	/	23728.8	*	365
=	1652.318					/	23728.8	*	365
=	25.42

Wuxi AppTec 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2201.395	+	1645.322)	/	2 )	/	6387.493	*	365 / 4
=	1923.3585					/	6387.493	*	365 / 4
=	27.48

Wuxi AppTec Co Days Payable Related Terms

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

Wuxi AppTec Co (SHSE:603259) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Wuxi AppTec Co Ltd (SHSE:603259) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WUXIF:USA WUXAY:USA 02359:Hong Kong WX8:Germany

Address

288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, CHN, 200131

Website

https://www.wuxiapptec.com

Wuxi AppTec Co Ltd provides a portfolio of research and manufacturing services through the discovery, development, and manufacturing spectrum for small-molecule drugs, cell therapies, and gene therapies as well as providing testing services for medical devices. Its segments comprise China-based laboratory services; U.S.-based laboratory services; Clinical research and other CRO services; CDMO services; and Others. The majority of revenue gets derived from China-based laboratory services that include small molecules discovery, such as synthetic chemistry, medicinal chemistry, analytical chemistry, biology, drug metabolism and pharmacokinetics (DMPK)/absorption, distribution, metabolism, and excretion (ADME), toxicology and bioanalytical services.

Wuxi AppTec Co (SHSE:603259) Headlines

No Headlines