Changchun BCHT Biotechnology Co (SHSE:688276) Days Payable : 67.29 (As of Mar. 2024)

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What is Changchun BCHT Biotechnology Co Days Payable?

Changchun BCHT Biotechnology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥20 Mil. Changchun BCHT Biotechnology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥28 Mil. Hence, Changchun BCHT Biotechnology Co's Days Payable for the three months ended in Mar. 2024 was 67.29.

The historical rank and industry rank for Changchun BCHT Biotechnology Co's Days Payable or its related term are showing as below:

SHSE:688276' s Days Payable Range Over the Past 10 Years
Min: 43.31 Med: 93.91 Max: 126.95
Current: 51.49

During the past 7 years, Changchun BCHT Biotechnology Co's highest Days Payable was 126.95. The lowest was 43.31. And the median was 93.91.

SHSE:688276's Days Payable is ranked worse than
73.31% of 974 companies
in the Drug Manufacturers industry
Industry Median: 89.21 vs SHSE:688276: 51.49

Changchun BCHT Biotechnology Co's Days Payable declined from Mar. 2023 (103.20) to Mar. 2024 (67.29). It may suggest that Changchun BCHT Biotechnology Co accelerated paying its suppliers.

Changchun BCHT Biotechnology Co Days Payable Historical Data

The historical data trend for Changchun BCHT Biotechnology 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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Changchun BCHT Biotechnology Co Days Payable Chart

Changchun BCHT Biotechnology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

93.91

54.77

126.95

117.98

43.31

Changchun BCHT Biotechnology Co Quarterly Data
	Dec18	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															103.20	71.04	34.23	45.30	67.29

Competitive Comparison of Changchun BCHT Biotechnology Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Changchun BCHT Biotechnology 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.

Changchun BCHT Biotechnology Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Changchun BCHT Biotechnology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Changchun BCHT Biotechnology Co's Days Payable falls into.

Changchun BCHT Biotechnology 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.

Changchun BCHT Biotechnology 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
=	( (24.802	+	17.488)	/	2 )	/	178.216	*	365
=	21.145					/	178.216	*	365
=	43.31

Changchun BCHT Biotechnology 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
=	( (17.488	+	23.502)	/	2 )	/	27.791	*	365 / 4
=	20.495					/	27.791	*	365 / 4
=	67.29

Changchun BCHT Biotechnology Co Days Payable Related Terms

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Changchun BCHT Biotechnology Co (SHSE:688276) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Changchun BCHT Biotechnology Co (SHSE:688276) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 1260, Huoju Road, High-tech Development Zone, Jilin Province, Changchun, CHN, 130012

Website

http://www.bchtpharm.com

Changchun BCHT Biotechnology Co is a biopharmaceutical enterprise specializing in the research and development, production and sales of human vaccines.

Executives

Shi Nian Min	Core technical personnel
Jiang Chun Lai	Directors, senior managers, core technical personn
Zhu Chang Lin	Core technical personnel
Wei Wei	Senior management, core technical personnel
Yu Bing	senior management
Liu Da Wei	Senior management, core technical personnel
Meng Zhao Feng	senior management
Zhang Zhe	senior management
Kong Wei	Directors, senior managers, core technical personn
Feng Da Qiang	Supervisors

Changchun BCHT Biotechnology Co (SHSE:688276) Headlines

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