Chengdu Bright Eye Hospital Co (SZSE:301239) Days Payable : 81.53 (As of Mar. 2024)

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What is Chengdu Bright Eye Hospital Co Days Payable?

Chengdu Bright Eye Hospital Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥359 Mil. Chengdu Bright Eye Hospital Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥402 Mil. Hence, Chengdu Bright Eye Hospital Co's Days Payable for the three months ended in Mar. 2024 was 81.53.

The historical rank and industry rank for Chengdu Bright Eye Hospital Co's Days Payable or its related term are showing as below:

SZSE:301239' s Days Payable Range Over the Past 10 Years
Min: 54.5 Med: 70.09 Max: 72.9
Current: 68.79

During the past 7 years, Chengdu Bright Eye Hospital Co's highest Days Payable was 72.90. The lowest was 54.50. And the median was 70.09.

SZSE:301239's Days Payable is ranked better than
54.31% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.58 vs SZSE:301239: 68.79

Chengdu Bright Eye Hospital Co's Days Payable increased from Mar. 2023 (50.18) to Mar. 2024 (81.53). It may suggest that Chengdu Bright Eye Hospital Co delayed paying its suppliers.

Chengdu Bright Eye Hospital Co Days Payable Historical Data

The historical data trend for Chengdu Bright Eye Hospital 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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Chengdu Bright Eye Hospital Co Days Payable Chart

Chengdu Bright Eye Hospital Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

68.82

54.50

61.20

72.90

Chengdu Bright Eye Hospital Co Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial														50.18	57.46	58.84	90.39	81.53

Competitive Comparison of Chengdu Bright Eye Hospital Co's Days Payable

For the Medical Care Facilities subindustry, Chengdu Bright Eye Hospital 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.

Chengdu Bright Eye Hospital Co's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Chengdu Bright Eye Hospital Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chengdu Bright Eye Hospital Co's Days Payable falls into.

Chengdu Bright Eye Hospital 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.

Chengdu Bright Eye Hospital 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
=	( (190.421	+	417.555)	/	2 )	/	1522.035	*	365
=	303.988					/	1522.035	*	365
=	72.90

Chengdu Bright Eye Hospital 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
=	( (417.555	+	300.587)	/	2 )	/	401.899	*	365 / 4
=	359.071					/	401.899	*	365 / 4
=	81.53

Chengdu Bright Eye Hospital Co Days Payable Related Terms

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Chengdu Bright Eye Hospital Co (SZSE:301239) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Chengdu Bright Eye Hospital Co Ltd (SZSE:301239) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 215, North 4th Section, First Ring Road, Jinniu District, Sichuan Province, Chengdu, CHN, 610084

Website

http://www.purui.cn

Chengdu Bright Eye Hospital Co Ltd is engaged in providing diagnosis, treatment, health care and medical optometry and other ophthalmic general medical services for patients with ophthalmic diseases.

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