Shanghai Universal Biotech Co (SZSE:301166) Days Payable : 44.82 (As of Mar. 2024)

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What is Shanghai Universal Biotech Co Days Payable?

Shanghai Universal Biotech Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥108 Mil. Shanghai Universal Biotech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥219 Mil. Hence, Shanghai Universal Biotech Co's Days Payable for the three months ended in Mar. 2024 was 44.82.

The historical rank and industry rank for Shanghai Universal Biotech Co's Days Payable or its related term are showing as below:

SZSE:301166' s Days Payable Range Over the Past 10 Years
Min: 27.39 Med: 34.56 Max: 43.03
Current: 27.39

During the past 7 years, Shanghai Universal Biotech Co's highest Days Payable was 43.03. The lowest was 27.39. And the median was 34.56.

SZSE:301166's Days Payable is ranked worse than
85.36% of 724 companies
in the Biotechnology industry
Industry Median: 150.695 vs SZSE:301166: 27.39

Shanghai Universal Biotech Co's Days Payable increased from Mar. 2023 (27.00) to Mar. 2024 (44.82). It may suggest that Shanghai Universal Biotech Co delayed paying its suppliers.

Shanghai Universal Biotech Co Days Payable Historical Data

The historical data trend for Shanghai Universal Biotech 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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Shanghai Universal Biotech Co Days Payable Chart

Shanghai Universal Biotech Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.34

32.81

31.56

31.37

34.56

Shanghai Universal Biotech Co Quarterly Data
	Dec18	Mar19	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															27.00	21.10	18.79	25.82	44.82

Competitive Comparison of Shanghai Universal Biotech Co's Days Payable

For the Biotechnology subindustry, Shanghai Universal Biotech 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.

Shanghai Universal Biotech Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shanghai Universal Biotech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Universal Biotech Co's Days Payable falls into.

Shanghai Universal Biotech 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.

Shanghai Universal Biotech 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
=	( (76.038	+	110.584)	/	2 )	/	985.358	*	365
=	93.311					/	985.358	*	365
=	34.56

Shanghai Universal Biotech 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
=	( (110.584	+	104.897)	/	2 )	/	219.334	*	365 / 4
=	107.7405					/	219.334	*	365 / 4
=	44.82

Shanghai Universal Biotech Co Days Payable Related Terms

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Shanghai Universal Biotech Co (SZSE:301166) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Shanghai Universal Biotech Co Ltd (SZSE:301166) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1690 Kongjiang Road, Room 1505, Yangpu District, Shanghai, CHN, 200082

Website

https://www.univ-bio.com

Shanghai Universal Biotech Co Ltd is a focused on antibodies and related products. It is a professional and comprehensive antibody suppliers and antibodies experts , and has a one-stop efforts to develop a life sciences service providers.

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