Dian Diagnostics Group Co (SZSE:300244) Days Payable : 79.39 (As of Mar. 2024)

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What is Dian Diagnostics Group Co Days Payable?

Dian Diagnostics Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,926 Mil. Dian Diagnostics Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,214 Mil. Hence, Dian Diagnostics Group Co's Days Payable for the three months ended in Mar. 2024 was 79.39.

The historical rank and industry rank for Dian Diagnostics Group Co's Days Payable or its related term are showing as below:

SZSE:300244' s Days Payable Range Over the Past 10 Years
Min: 63.27 Med: 77.75 Max: 100.33
Current: 88.23

During the past 13 years, Dian Diagnostics Group Co's highest Days Payable was 100.33. The lowest was 63.27. And the median was 77.75.

SZSE:300244's Days Payable is ranked better than
58.17% of 208 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.79 vs SZSE:300244: 88.23

Dian Diagnostics Group Co's Days Payable declined from Mar. 2023 (124.71) to Mar. 2024 (79.39). It may suggest that Dian Diagnostics Group Co accelerated paying its suppliers.

Dian Diagnostics Group Co Days Payable Historical Data

The historical data trend for Dian Diagnostics Group 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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Dian Diagnostics Group Co Days Payable Chart

Dian Diagnostics Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

83.55

78.77

83.64

75.89

100.33

Dian Diagnostics Group 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															124.71	95.71	89.98	83.63	79.39

Competitive Comparison of Dian Diagnostics Group Co's Days Payable

For the Diagnostics & Research subindustry, Dian Diagnostics Group 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.

Dian Diagnostics Group Co's Days Payable Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Dian Diagnostics Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Dian Diagnostics Group Co's Days Payable falls into.

Dian Diagnostics Group 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.

Dian Diagnostics Group 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
=	( (3126.39	+	1938.891)	/	2 )	/	9213.384	*	365
=	2532.6405					/	9213.384	*	365
=	100.33

Dian Diagnostics Group 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
=	( (1938.891	+	1913.562)	/	2 )	/	2214.051	*	365 / 4
=	1926.2265					/	2214.051	*	365 / 4
=	79.39

Dian Diagnostics Group Co Days Payable Related Terms

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Dian Diagnostics Group Co (SZSE:300244) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Dian Diagnostics Group Co Ltd (SZSE:300244) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 329, Jinpeng Street, 5th Floor, Building 2, Xihu District, Zhejiang, Hangzhou, CHN, 310030

Website

http://www.dazd.cn

Dian Diagnostics Group Co Ltd is an independent third-party medical diagnostic service provider that provides diagnostic services outsourcing as its core business. It promotes the development of multi-service areas of medical diagnostic platforms and integrated development strategies for upstream and downstream industry chains, covering medical diagnostic services and diagnostic products.

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