Shanghai Junshi Biosciences Co (Shanghai Junshi Biosciences Co) Days Payable : 576.09 (As of Mar. 2024)

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What is Shanghai Junshi Biosciences Co Days Payable?

Shanghai Junshi Biosciences Co's average Accounts Payable for the three months ended in Mar. 2024 was $94.76 Mil. Shanghai Junshi Biosciences Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $15.01 Mil. Hence, Shanghai Junshi Biosciences Co's Days Payable for the three months ended in Mar. 2024 was 576.09.

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

SHJBF' s Days Payable Range Over the Past 10 Years
Min: 41.2 Med: 202.48 Max: 39126.67
Current: 656.05

During the past 8 years, Shanghai Junshi Biosciences Co's highest Days Payable was 39126.67. The lowest was 41.20. And the median was 202.48.

SHJBF's Days Payable is ranked better than
79.39% of 723 companies
in the Biotechnology industry
Industry Median: 148.78 vs SHJBF: 656.05

Shanghai Junshi Biosciences Co's Days Payable increased from Mar. 2023 (297.00) to Mar. 2024 (576.09). It may suggest that Shanghai Junshi Biosciences Co delayed paying its suppliers.

Shanghai Junshi Biosciences Co Days Payable Historical Data

The historical data trend for Shanghai Junshi Biosciences 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.

Shanghai Junshi Biosciences Co Days Payable Chart

Shanghai Junshi Biosciences Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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232.55

78.52

41.27

172.12

146.50

Shanghai Junshi Biosciences Co Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial														297.00	143.12	-	-	576.09

Competitive Comparison of Shanghai Junshi Biosciences Co's Days Payable

For the Biotechnology subindustry, Shanghai Junshi Biosciences 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.

Shanghai Junshi Biosciences Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shanghai Junshi Biosciences Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Junshi Biosciences Co's Days Payable falls into.

Shanghai Junshi Biosciences 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.

Shanghai Junshi Biosciences 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
=	( (40.392	+	34.63)	/	2 )	/	93.455	*	365
=	37.511					/	93.455	*	365
=	146.50

Shanghai Junshi Biosciences Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (34.63	+	154.897)	/	2 )	/	15.01	*	365 / 4
=	94.7635					/	15.01	*	365 / 4
=	576.09

Shanghai Junshi Biosciences Co Days Payable Related Terms

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Shanghai Junshi Biosciences Co (Shanghai Junshi Biosciences Co) Business Description

Industry

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Traded in Other Exchanges

01877:Hong Kong 8SJ:Germany 688180:China

Address

Nos. 36 and 58, Hai Qu Road, Room 1003, Level 10, Building 2, Pilot Free Trade Zone, Shanghai, CHN

Website

https://www.junshipharma.com

Shanghai Junshi is a China-based biotechnology company that was founded in 2012 and listed on the Hong Kong Stock Exchange and STAR board of the Shanghai Stock Exchange in 2018 and 2020, respectively. It received approval for its first core asset at the end of 2018, a PD-1 inhibitor called Tuoyi, or toripalimab. It also successfully created etesevimab, one of the earliest neutralizing antibodies for COVID-19 treatment, which was out-licensed to Eli Lilly and obtained U.S. Food and Drug Administration approval in February 2021. It also has an adalimumab biosimilar approved in 2022 and is working on an oral COVID-19 treatment, VV116.

Shanghai Junshi Biosciences Co (Shanghai Junshi Biosciences Co) Headlines

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Shanghai Junshi's Anti-Covid-19 Drug Hits Phase 3 Clinical Trials

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