Zhaoke Ophthalmology (HKSE:06622) Days Payable : 58.65 (As of Dec. 2023)

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What is Zhaoke Ophthalmology Days Payable?

Zhaoke Ophthalmology's average Accounts Payable for the six months ended in Dec. 2023 was HK$1.18 Mil. Zhaoke Ophthalmology's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3.67 Mil. Hence, Zhaoke Ophthalmology's Days Payable for the six months ended in Dec. 2023 was 58.65.

The historical rank and industry rank for Zhaoke Ophthalmology's Days Payable or its related term are showing as below:

HKSE:06622' s Days Payable Range Over the Past 10 Years
Min: 87.34 Med: 94.49 Max: 94.49
Current: 87.34

During the past 5 years, Zhaoke Ophthalmology's highest Days Payable was 94.49. The lowest was 87.34. And the median was 94.49.

HKSE:06622's Days Payable is ranked worse than
61.72% of 721 companies
in the Biotechnology industry
Industry Median: 148.28 vs HKSE:06622: 87.34

Zhaoke Ophthalmology's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (58.65). It may suggest that Zhaoke Ophthalmology delayed paying its suppliers.

Zhaoke Ophthalmology Days Payable Historical Data

The historical data trend for Zhaoke Ophthalmology'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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Zhaoke Ophthalmology Days Payable Chart

Zhaoke Ophthalmology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

94.49

Zhaoke Ophthalmology Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				-	-	-	156.97	58.65

Competitive Comparison of Zhaoke Ophthalmology's Days Payable

For the Biotechnology subindustry, Zhaoke Ophthalmology'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.

Zhaoke Ophthalmology's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Zhaoke Ophthalmology's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhaoke Ophthalmology's Days Payable falls into.

Zhaoke Ophthalmology 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.

Zhaoke Ophthalmology'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
=	( (0	+	1.275)	/	1 )	/	4.925	*	365
=	1.275					/	4.925	*	365
=	94.49

Zhaoke Ophthalmology'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
=	( (1.082	+	1.275)	/	2 )	/	3.667	*	365 / 2
=	1.1785					/	3.667	*	365 / 2
=	58.65

Zhaoke Ophthalmology Days Payable Related Terms

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Zhaoke Ophthalmology (HKSE:06622) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Zhaoke Ophthalmology Ltd (HKSE:06622) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Meide 3rd Road, Pearl River Industrial Park, Nansha District, Guangdong Province, Guangzhou, CHN

Website

https://www.zkoph.com

Zhaoke Ophthalmology Ltd is an ophthalmic pharmaceutical company. It is dedicated to the research, development, and commercialization of therapies that address unmet medical needs in China. The company has built a comprehensive ophthalmic drug pipeline of 26 candidates that covers ocular indications affecting the front and the back of the eye, through either in-house development or in-licensing. It has also established an ophthalmic manufacturing facility and is assembling an experienced marketing team in anticipation of a near-term product launch.

Executives

Mak Siu Hang Viola	2201 Interest of corporation controlled by you
Apstar Investment Pte Ltd	2201 Interest of corporation controlled by you
Coyote Investment Pte Ltd	2101 Beneficial owner
Gic (ventures) Pte. Ltd.	2201 Interest of corporation controlled by you
Gic Special Investments Private Limited	2102 Investment manager
Gic Private Limited	2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc	2101 Beneficial owner
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Citigroup Inc.	2502 Approved lending agent
Vms Holdings Limited	2201 Interest of corporation controlled by you
Lee's Pharmaceutical Holdings Limited	2201 Interest of corporation controlled by you
Tpg Asia Genpar Vii, L.p.	2201 Interest of corporation controlled by you
Tpg Holdings Iii-a, L.p.	2201 Interest of corporation controlled by you

Zhaoke Ophthalmology (HKSE:06622) Headlines

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