Beijing Wantai Biological Pharmacy Enterprise Co (SHSE:603392) Days Payable : 169.06 (As of Mar. 2024)

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What is Beijing Wantai Biological Pharmacy Enterprise Co Days Payable?

Beijing Wantai Biological Pharmacy Enterprise Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥376 Mil. Beijing Wantai Biological Pharmacy Enterprise Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥203 Mil. Hence, Beijing Wantai Biological Pharmacy Enterprise Co's Days Payable for the three months ended in Mar. 2024 was 169.06.

The historical rank and industry rank for Beijing Wantai Biological Pharmacy Enterprise Co's Days Payable or its related term are showing as below:

SHSE:603392' s Days Payable Range Over the Past 10 Years
Min: 58.38 Med: 85.02 Max: 170.81
Current: 165.3

During the past 11 years, Beijing Wantai Biological Pharmacy Enterprise Co's highest Days Payable was 170.81. The lowest was 58.38. And the median was 85.02.

SHSE:603392's Days Payable is ranked better than
52.23% of 718 companies
in the Biotechnology industry
Industry Median: 152.29 vs SHSE:603392: 165.30

Beijing Wantai Biological Pharmacy Enterprise Co's Days Payable increased from Mar. 2023 (129.67) to Mar. 2024 (169.06). It may suggest that Beijing Wantai Biological Pharmacy Enterprise Co delayed paying its suppliers.

Beijing Wantai Biological Pharmacy Enterprise Co Days Payable Historical Data

The historical data trend for Beijing Wantai Biological Pharmacy Enterprise 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.

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Beijing Wantai Biological Pharmacy Enterprise Co Days Payable Chart

Beijing Wantai Biological Pharmacy Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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87.97

81.64

68.34

85.02

170.81

Beijing Wantai Biological Pharmacy Enterprise Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															129.67	179.52	151.47	158.87	169.06

Competitive Comparison of Beijing Wantai Biological Pharmacy Enterprise Co's Days Payable

For the Biotechnology subindustry, Beijing Wantai Biological Pharmacy Enterprise 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.

Beijing Wantai Biological Pharmacy Enterprise Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Beijing Wantai Biological Pharmacy Enterprise Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Wantai Biological Pharmacy Enterprise Co's Days Payable falls into.

Beijing Wantai Biological Pharmacy Enterprise 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.

Beijing Wantai Biological Pharmacy Enterprise 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
=	( (351.801	+	389.593)	/	2 )	/	792.125	*	365
=	370.697					/	792.125	*	365
=	170.81

Beijing Wantai Biological Pharmacy Enterprise 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
=	( (389.593	+	361.767)	/	2 )	/	202.777	*	365 / 4
=	375.68					/	202.777	*	365 / 4
=	169.06

Beijing Wantai Biological Pharmacy Enterprise Co Days Payable Related Terms

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Beijing Wantai Biological Pharmacy Enterprise Co (SHSE:603392) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Beijing Wantai Biological Pharmacy Enterprise Co Ltd (SHSE:603392) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 31, Science Park Road, Beiqing Road, Changping District, Beijing, CHN, 102206

Website

http://www.ystwt.com

Beijing Wantai Biological Pharmacy Enterprise Co Ltd is an engaged in the research and development and production of biodiagnostic reagents and vaccines. The company produces chemiluminescence, nucleic acid, clinical biochemistry and other testing reagents and clinical inspection quality control products and vaccines. Its products include ELISA series, Colloidal gold series, Bole series, Confirmation series, Automatic blood group analyzer and reagent, Chemiluminescence series, Nucleic acid series, and Research Series.

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