Mabwell (Shanghai) Bioscience Co (SHSE:688062) Days Payable : 5,512.16 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Mabwell (Shanghai) Bioscience Co Days Payable?

Mabwell (Shanghai) Bioscience Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥53.4 Mil. Mabwell (Shanghai) Bioscience Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥0.9 Mil. Hence, Mabwell (Shanghai) Bioscience Co's Days Payable for the three months ended in Mar. 2024 was 5,512.16.

The historical rank and industry rank for Mabwell (Shanghai) Bioscience Co's Days Payable or its related term are showing as below:

SHSE:688062' s Days Payable Range Over the Past 10 Years
Min: 91.69 Med: 2486.25 Max: 221343.82
Current: 8450.58

During the past 7 years, Mabwell (Shanghai) Bioscience Co's highest Days Payable was 221343.82. The lowest was 91.69. And the median was 2486.25.

SHSE:688062's Days Payable is ranked better than
95.01% of 722 companies
in the Biotechnology industry
Industry Median: 148.145 vs SHSE:688062: 8450.58

Mabwell (Shanghai) Bioscience Co's Days Payable declined from Mar. 2023 (185,001.08) to Mar. 2024 (5,512.16). It may suggest that Mabwell (Shanghai) Bioscience Co accelerated paying its suppliers.

Mabwell (Shanghai) Bioscience Co Days Payable Historical Data

The historical data trend for Mabwell (Shanghai) Bioscience 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.

Mabwell (Shanghai) Bioscience Co Days Payable Chart

Mabwell (Shanghai) Bioscience Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

376.35

2,486.25

3,689.89

221,343.82

14,323.85

Mabwell (Shanghai) Bioscience Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial														185,001.08	28,474.59	21,936.46	5,421.16	5,512.16

Competitive Comparison of Mabwell (Shanghai) Bioscience Co's Days Payable

For the Biotechnology subindustry, Mabwell (Shanghai) Bioscience 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.

Mabwell (Shanghai) Bioscience Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Mabwell (Shanghai) Bioscience Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Mabwell (Shanghai) Bioscience Co's Days Payable falls into.

Mabwell (Shanghai) Bioscience 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.

Mabwell (Shanghai) Bioscience 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
=	( (45.21	+	62.317)	/	2 )	/	1.37	*	365
=	53.7635					/	1.37	*	365
=	14,323.85

Mabwell (Shanghai) Bioscience 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
=	( (62.317	+	44.483)	/	2 )	/	0.884	*	365 / 4
=	53.4					/	0.884	*	365 / 4
=	5,512.16

Mabwell (Shanghai) Bioscience Co Days Payable Related Terms

Thank you for viewing the detailed overview of Mabwell (Shanghai) Bioscience Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Mabwell (Shanghai) Bioscience Co (SHSE:688062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Mabwell (Shanghai) Bioscience Co Ltd (SHSE:688062) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 230, Cailun Road, Room 105, Building 2, Pilot Free Trade Zone, Shanghai, CHN, 201210

Website

https://www.mabwell.com

Mabwell (Shanghai) Bioscience Co Ltd is engaged in the research and development, production and sales of therapeutic biological products.

Mabwell (Shanghai) Bioscience Co (SHSE:688062) Headlines

No Headlines