Naturewise Biotech & Medicals (ROCO:4732) Days Payable : 44.22 (As of Dec. 2023)

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What is Naturewise Biotech & Medicals Days Payable?

Naturewise Biotech & Medicals's average Accounts Payable for the six months ended in Dec. 2023 was NT$10.3 Mil. Naturewise Biotech & Medicals's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$42.5 Mil. Hence, Naturewise Biotech & Medicals's Days Payable for the six months ended in Dec. 2023 was 44.22.

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

ROCO:4732' s Days Payable Range Over the Past 10 Years
Min: 12.59 Med: 18.75 Max: 66.68
Current: 45.29

During the past 13 years, Naturewise Biotech & Medicals's highest Days Payable was 66.68. The lowest was 12.59. And the median was 18.75.

ROCO:4732's Days Payable is ranked worse than
75.35% of 722 companies
in the Biotechnology industry
Industry Median: 148.53 vs ROCO:4732: 45.29

Naturewise Biotech & Medicals's Days Payable declined from Dec. 2022 (53.96) to Dec. 2023 (44.22). It may suggest that Naturewise Biotech & Medicals accelerated paying its suppliers.

Naturewise Biotech & Medicals Days Payable Historical Data

The historical data trend for Naturewise Biotech & Medicals'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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Naturewise Biotech & Medicals Days Payable Chart

Naturewise Biotech & Medicals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

21.08

14.83

31.30

43.61

66.68

Naturewise Biotech & Medicals Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															25.69	78.48	53.96	21.10	44.22

Competitive Comparison of Naturewise Biotech & Medicals's Days Payable

For the Biotechnology subindustry, Naturewise Biotech & Medicals'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.

Naturewise Biotech & Medicals's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Naturewise Biotech & Medicals's Days Payable distribution charts can be found below:

* The bar in red indicates where Naturewise Biotech & Medicals's Days Payable falls into.

Naturewise Biotech & Medicals 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.

Naturewise Biotech & Medicals'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
=	( (6.507	+	20.078)	/	2 )	/	72.763	*	365
=	13.2925					/	72.763	*	365
=	66.68

Naturewise Biotech & Medicals'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
=	( (0.498	+	20.078)	/	2 )	/	42.462	*	365 / 2
=	10.288					/	42.462	*	365 / 2
=	44.22

Naturewise Biotech & Medicals Days Payable Related Terms

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Naturewise Biotech & Medicals (ROCO:4732) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Naturewise Biotech & Medicals Corp (ROCO:4732) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 36, Bade Road, 6th Floor, Section 3, Taipei, TWN, 105

Website

http://www.naturewise.com.tw

Naturewise Biotech & Medicals Corp is a Taiwan-based drug development company that focuses on botanical drug and small molecule therapies. Its products include NBM-BMX Oral Softgel Capsule, Lipocol Forte Capsule, and PPLs Taiwan Green Propolis.

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