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Anhui Hongyu Wuzhou Medical Manufacturer Co (SZSE:301234) Days Payable : 64.31 (As of Mar. 2024)


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What is Anhui Hongyu Wuzhou Medical Manufacturer Co Days Payable?

Anhui Hongyu Wuzhou Medical Manufacturer Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥53.0 Mil. Anhui Hongyu Wuzhou Medical Manufacturer Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥75.3 Mil. Hence, Anhui Hongyu Wuzhou Medical Manufacturer Co's Days Payable for the three months ended in Mar. 2024 was 64.31.

The historical rank and industry rank for Anhui Hongyu Wuzhou Medical Manufacturer Co's Days Payable or its related term are showing as below:

SZSE:301234' s Days Payable Range Over the Past 10 Years
Min: 56.2   Med: 76.24   Max: 101.2
Current: 56.2

During the past 7 years, Anhui Hongyu Wuzhou Medical Manufacturer Co's highest Days Payable was 101.20. The lowest was 56.20. And the median was 76.24.

SZSE:301234's Days Payable is ranked worse than
63.04% of 790 companies
in the Medical Devices & Instruments industry
Industry Median: 72.905 vs SZSE:301234: 56.20

Anhui Hongyu Wuzhou Medical Manufacturer Co's Days Payable declined from Mar. 2023 (66.68) to Mar. 2024 (64.31). It may suggest that Anhui Hongyu Wuzhou Medical Manufacturer Co accelerated paying its suppliers.


Anhui Hongyu Wuzhou Medical Manufacturer Co Days Payable Historical Data

The historical data trend for Anhui Hongyu Wuzhou Medical Manufacturer 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.

Anhui Hongyu Wuzhou Medical Manufacturer Co Days Payable Chart

Anhui Hongyu Wuzhou Medical Manufacturer Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 83.31 76.24 63.57 61.70 60.40

Anhui Hongyu Wuzhou Medical Manufacturer Co Quarterly Data
Dec17 Dec18 Dec19 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 66.68 51.66 61.96 59.10 64.31

Competitive Comparison of Anhui Hongyu Wuzhou Medical Manufacturer Co's Days Payable

For the Medical Devices subindustry, Anhui Hongyu Wuzhou Medical Manufacturer 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.


Anhui Hongyu Wuzhou Medical Manufacturer Co's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Anhui Hongyu Wuzhou Medical Manufacturer Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anhui Hongyu Wuzhou Medical Manufacturer Co's Days Payable falls into.



Anhui Hongyu Wuzhou Medical Manufacturer 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.

Anhui Hongyu Wuzhou Medical Manufacturer 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
=( (78.508 + 60.482) / 2 ) / 419.95*365
=69.495 / 419.95*365
=60.40

Anhui Hongyu Wuzhou Medical Manufacturer 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
=( (60.482 + 45.613) / 2 ) / 75.272*365 / 4
=53.0475 / 75.272*365 / 4
=64.31

* 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.


Anhui Hongyu Wuzhou Medical Manufacturer Co Days Payable Related Terms

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Anhui Hongyu Wuzhou Medical Manufacturer Co (SZSE:301234) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Guanyin Road, Economic Development Zone, Taihu CountyAnhui Province, Anqing City, CHN, 246400
Anhui Hongyu Wuzhou Medical Manufacturer Co Ltd is engaged in the research and development, production and sales of disposable sterile infusion medical devices and the integrated supply of other related medical supplies such as diagnosis and nursing.
Executives
Pan Lan Lan Directors, Directors, and Executives

Anhui Hongyu Wuzhou Medical Manufacturer Co (SZSE:301234) Headlines

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