GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sanbo Hospital Management Group Ltd (SZSE:301293) » Definitions » Days Payable

Sanbo Hospital Management Group (SZSE:301293) Days Payable : 82.47 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Sanbo Hospital Management Group Days Payable?

Sanbo Hospital Management Group's average Accounts Payable for the three months ended in Mar. 2024 was ¥231 Mil. Sanbo Hospital Management Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥256 Mil. Hence, Sanbo Hospital Management Group's Days Payable for the three months ended in Mar. 2024 was 82.47.

The historical rank and industry rank for Sanbo Hospital Management Group's Days Payable or its related term are showing as below:

SZSE:301293' s Days Payable Range Over the Past 10 Years
Min: 53.27   Med: 56.99   Max: 74.95
Current: 72.06

During the past 7 years, Sanbo Hospital Management Group's highest Days Payable was 74.95. The lowest was 53.27. And the median was 56.99.

SZSE:301293's Days Payable is ranked better than
56.68% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.58 vs SZSE:301293: 72.06

Sanbo Hospital Management Group's Days Payable increased from Mar. 2023 (66.38) to Mar. 2024 (82.47). It may suggest that Sanbo Hospital Management Group delayed paying its suppliers.


Sanbo Hospital Management Group Days Payable Historical Data

The historical data trend for Sanbo Hospital Management Group'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.

Sanbo Hospital Management Group Days Payable Chart

Sanbo Hospital Management Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 55.33 58.82 56.36 66.97 74.95

Sanbo Hospital Management Group Quarterly Data
Dec17 Dec18 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 66.38 67.85 70.43 71.54 82.47

Competitive Comparison of Sanbo Hospital Management Group's Days Payable

For the Medical Care Facilities subindustry, Sanbo Hospital Management Group'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.


Sanbo Hospital Management Group's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sanbo Hospital Management Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Sanbo Hospital Management Group's Days Payable falls into.



Sanbo Hospital Management Group 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.

Sanbo Hospital Management Group'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
=( (166.054 + 252.582) / 2 ) / 1019.35*365
=209.318 / 1019.35*365
=74.95

Sanbo Hospital Management Group'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
=( (252.582 + 209.979) / 2 ) / 255.916*365 / 4
=231.2805 / 255.916*365 / 4
=82.47

* 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.


Sanbo Hospital Management Group Days Payable Related Terms

Thank you for viewing the detailed overview of Sanbo Hospital Management Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Sanbo Hospital Management Group (SZSE:301293) Business Description

Traded in Other Exchanges
N/A
Address
No. 50 Yikesong, Xiangshan Road, Room 105, Building No. 23, Haidian District, Haidian District, CHN, Haidian District
Sanbo Hospital Management Group Ltd is a neurology medical group engaged in clinical medical services. It adheres to the vision of expertise in medicine, education, and research, advocates the coordinated development of medical treatment, teaching, and scientific research, and promotes the company's basic research and development in neurology. The company hosts/co-organizes several academic conferences, covering neurosurgery, neurology, anesthesia, nursing, etc., and actively promotes academic exchanges. The company has held more than 90 national, provincial and municipal continuing education projects and classes, and has trained nearly 6,000 people in total, to improve the diagnosis and treatment of neurologists at the grassroots level. The company operates in a chain of hospitals.

Sanbo Hospital Management Group (SZSE:301293) Headlines

No Headlines