Pharmesis International (SGX:BFK) Days Payable : 94.02 (As of Dec. 2023)

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What is Pharmesis International Days Payable?

Pharmesis International's average Accounts Payable for the six months ended in Dec. 2023 was S$0.90 Mil. Pharmesis International's Cost of Goods Sold for the six months ended in Dec. 2023 was S$1.75 Mil. Hence, Pharmesis International's Days Payable for the six months ended in Dec. 2023 was 94.02.

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

SGX:BFK' s Days Payable Range Over the Past 10 Years
Min: 25.33 Med: 39.37 Max: 83.39
Current: 73.27

During the past 13 years, Pharmesis International's highest Days Payable was 83.39. The lowest was 25.33. And the median was 39.37.

SGX:BFK's Days Payable is ranked worse than
58.62% of 974 companies
in the Drug Manufacturers industry
Industry Median: 88.685 vs SGX:BFK: 73.27

Pharmesis International's Days Payable increased from Dec. 2022 (51.01) to Dec. 2023 (94.02). It may suggest that Pharmesis International delayed paying its suppliers.

Pharmesis International Days Payable Historical Data

The historical data trend for Pharmesis International'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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Pharmesis International Days Payable Chart

Pharmesis International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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54.06

45.96

55.91

69.61

83.39

Pharmesis International 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															64.11	86.41	51.01	52.99	94.02

Competitive Comparison of Pharmesis International's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Pharmesis International'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.

Pharmesis International's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Pharmesis International's Days Payable distribution charts can be found below:

* The bar in red indicates where Pharmesis International's Days Payable falls into.

Pharmesis International 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.

Pharmesis International'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
=	( (1.001	+	1.115)	/	2 )	/	4.631	*	365
=	1.058					/	4.631	*	365
=	83.39

Pharmesis International'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
=	( (0.686	+	1.115)	/	2 )	/	1.748	*	365 / 2
=	0.9005					/	1.748	*	365 / 2
=	94.02

Pharmesis International Days Payable Related Terms

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

Pharmesis International (SGX:BFK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Pharmesis International Ltd (SGX:BFK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Kallang Sector, No. 03-02, Singapore, SGP, 349279

Website

https://www.pharmesis.com

Pharmesis International Ltd is an investment holding company. The company manufactures pharmaceutical products in the form of tablets, granules, pills, and other forms. Its geographical segments are Western drugs, which are chemically formulated drugs and are marketed under the Kinna brand; TCM formulated drugs, which refer to Traditional Chinese Medicine and are marketed under the Longlife brand; and Distribution. The company derives revenue from the sale of medicines to domestic customers in China.

Pharmesis International (SGX:BFK) Headlines

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