YIFAN PHARMACEUTICAL CO (SZSE:002019) Days Payable : 64.15 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is YIFAN PHARMACEUTICAL CO Days Payable?

YIFAN PHARMACEUTICAL CO's average Accounts Payable for the three months ended in Mar. 2024 was ¥491 Mil. YIFAN PHARMACEUTICAL CO's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥698 Mil. Hence, YIFAN PHARMACEUTICAL CO's Days Payable for the three months ended in Mar. 2024 was 64.15.

The historical rank and industry rank for YIFAN PHARMACEUTICAL CO's Days Payable or its related term are showing as below:

SZSE:002019' s Days Payable Range Over the Past 10 Years
Min: 47.08 Med: 60.55 Max: 85.86
Current: 60.76

During the past 13 years, YIFAN PHARMACEUTICAL CO's highest Days Payable was 85.86. The lowest was 47.08. And the median was 60.55.

SZSE:002019's Days Payable is ranked worse than
66.36% of 978 companies
in the Drug Manufacturers industry
Industry Median: 86.975 vs SZSE:002019: 60.76

YIFAN PHARMACEUTICAL CO's Days Payable increased from Mar. 2023 (57.62) to Mar. 2024 (64.15). It may suggest that YIFAN PHARMACEUTICAL CO delayed paying its suppliers.

YIFAN PHARMACEUTICAL CO Days Payable Historical Data

The historical data trend for YIFAN PHARMACEUTICAL 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.

YIFAN PHARMACEUTICAL CO Days Payable Chart

YIFAN PHARMACEUTICAL CO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

54.60

50.52

51.77

59.20

61.90

YIFAN PHARMACEUTICAL 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															57.62	61.24	60.91	50.71	64.15

Competitive Comparison of YIFAN PHARMACEUTICAL CO's Days Payable

For the Drug Manufacturers - General subindustry, YIFAN PHARMACEUTICAL 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.

YIFAN PHARMACEUTICAL CO's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where YIFAN PHARMACEUTICAL CO's Days Payable falls into.

YIFAN PHARMACEUTICAL 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.

YIFAN PHARMACEUTICAL 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
=	( (288.403	+	431.356)	/	2 )	/	2121.932	*	365
=	359.8795					/	2121.932	*	365
=	61.90

YIFAN PHARMACEUTICAL 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
=	( (431.356	+	549.947)	/	2 )	/	697.907	*	365 / 4
=	490.6515					/	697.907	*	365 / 4
=	64.15

YIFAN PHARMACEUTICAL CO Days Payable Related Terms

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

YIFAN PHARMACEUTICAL CO (SZSE:002019) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » YIFAN PHARMACEUTICAL CO LTD (SZSE:002019) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 50 Qinshan, Jincheng, Lin'an Economic Development Zone, Hangzhou, Zhejiang, CHN, 311300

Website

https://en.yifanyy.com

YIFAN PHARMACEUTICAL CO LTD is a China-based company engaged in pharmaceutical innovation and manufacturing. The company focuses its activities on key areas like macromolecular biologics, high-value pharmaceuticals, and differentiated traditional Chinese medicines. The products of the company are F-627 for Neutropenia and Parkinson's disease, F-652 for acute alcoholic hepatitis, GvHD and acute pancreatitis and F-899 for growth deficiency. The company's products are sold in China and internationally.

YIFAN PHARMACEUTICAL CO (SZSE:002019) Headlines

No Headlines