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Sonoscape Medical (SZSE:300633) Days Payable : 128.47 (As of Mar. 2024)


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What is Sonoscape Medical Days Payable?

Sonoscape Medical's average Accounts Payable for the three months ended in Mar. 2024 was ¥207 Mil. Sonoscape Medical's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥147 Mil. Hence, Sonoscape Medical's Days Payable for the three months ended in Mar. 2024 was 128.47.

The historical rank and industry rank for Sonoscape Medical's Days Payable or its related term are showing as below:

SZSE:300633' s Days Payable Range Over the Past 10 Years
Min: 83.43   Med: 109.6   Max: 154.53
Current: 111.89

During the past 12 years, Sonoscape Medical's highest Days Payable was 154.53. The lowest was 83.43. And the median was 109.60.

SZSE:300633's Days Payable is ranked better than
67.85% of 790 companies
in the Medical Devices & Instruments industry
Industry Median: 72.585 vs SZSE:300633: 111.89

Sonoscape Medical's Days Payable declined from Mar. 2023 (129.22) to Mar. 2024 (128.47). It may suggest that Sonoscape Medical accelerated paying its suppliers.


Sonoscape Medical Days Payable Historical Data

The historical data trend for Sonoscape Medical'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.

Sonoscape Medical Days Payable Chart

Sonoscape Medical Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.49 154.53 142.06 144.66 117.50

Sonoscape Medical 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 129.22 99.35 130.99 92.24 128.47

Competitive Comparison of Sonoscape Medical's Days Payable

For the Medical Devices subindustry, Sonoscape Medical'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.


Sonoscape Medical's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sonoscape Medical's Days Payable distribution charts can be found below:

* The bar in red indicates where Sonoscape Medical's Days Payable falls into.



Sonoscape Medical 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.

Sonoscape Medical'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
=( (231.43 + 186.145) / 2 ) / 648.555*365
=208.7875 / 648.555*365
=117.50

Sonoscape Medical'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
=( (186.145 + 226.897) / 2 ) / 146.687*365 / 4
=206.521 / 146.687*365 / 4
=128.47

* 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.


Sonoscape Medical Days Payable Related Terms

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Sonoscape Medical (SZSE:300633) Business Description

Traded in Other Exchanges
N/A
Address
Yuquan Road, 10th Floor,Yizhe Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518051
Sonoscape Medical Corp is a Chinese manufacturer of medical devices for ultrasound diagnostic systems and transducers. The company's product categories include Ultrasound, Endoscope which also includes video equipment, and Electrocardiography consisting of veterinary ECG and resting ECG. Ultrasound category covers color Doppler trolley systems, color Doppler HCU, B/W trolley systems, and probe, among others. The organization has a business presence in China and in other countries.

Sonoscape Medical (SZSE:300633) Headlines

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