Burning Rock Biotech (Burning Rock Biotech) Days Payable : 44.21 (As of Dec. 2023)

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What is Burning Rock Biotech Days Payable?

Burning Rock Biotech's average Accounts Payable for the three months ended in Dec. 2023 was $2.92 Mil. Burning Rock Biotech's Cost of Goods Sold for the three months ended in Dec. 2023 was $6.02 Mil. Hence, Burning Rock Biotech's Days Payable for the three months ended in Dec. 2023 was 44.21.

The historical rank and industry rank for Burning Rock Biotech's Days Payable or its related term are showing as below:

BNR' s Days Payable Range Over the Past 10 Years
Min: 48.72 Med: 77.2 Max: 123.99
Current: 59.64

During the past 7 years, Burning Rock Biotech's highest Days Payable was 123.99. The lowest was 48.72. And the median was 77.20.

BNR's Days Payable is ranked worse than
54.37% of 206 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.79 vs BNR: 59.64

Burning Rock Biotech's Days Payable declined from Dec. 2022 (135.31) to Dec. 2023 (44.21). It may suggest that Burning Rock Biotech accelerated paying its suppliers.

Burning Rock Biotech Days Payable Historical Data

The historical data trend for Burning Rock Biotech'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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Burning Rock Biotech Days Payable Chart

Burning Rock Biotech Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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48.72

73.95

123.99

119.54

73.58

Burning Rock Biotech 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															135.31	77.13	48.86	53.84	44.21

Competitive Comparison of Burning Rock Biotech's Days Payable

For the Diagnostics & Research subindustry, Burning Rock Biotech'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.

Burning Rock Biotech's Days Payable Distribution in the Medical Diagnostics & Research Industry

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

* The bar in red indicates where Burning Rock Biotech's Days Payable falls into.

Burning Rock Biotech 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.

Burning Rock Biotech'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
=	( (7.308	+	2.529)	/	2 )	/	24.398	*	365
=	4.9185					/	24.398	*	365
=	73.58

Burning Rock Biotech'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
=	( (3.303	+	2.529)	/	2 )	/	6.018	*	365 / 4
=	2.916					/	6.018	*	365 / 4
=	44.21

Burning Rock Biotech Days Payable Related Terms

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Burning Rock Biotech (Burning Rock Biotech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Burning Rock Biotech Ltd (NAS:BNR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BNR:UK 6BUA:Germany

Address

No. 5, Xingdao Ring Road North, International Bio Island, Guangzhou, CHN, 510005

Website

https://www.brbiotech.com

Burning Rock Biotech Ltd is a cancer diagnostics company. Its products include OncoScreen Plus and ColonCore. The company has developed various cancer detection products, involving tumor targeting, differentiation of benign and malignant tumors, monitoring of small residual lesions, prediction of tumor recurrence progress, and detection of tumor sensitivity. It offers 12 NGS-based cancer therapy selection tests comprising a broad range of cancer types, including lung cancer, gastrointestinal cancer, prostate cancer, breast cancer, lymphomas, thyroid cancer, colorectal cancer, ovarian cancer, pancreatic cancer, and bladder cancer, using both tissue and liquid biopsy samples.