Jin Medical International (Jin Medical International) Days Payable : 115.69 (As of Sep. 2023)

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What is Jin Medical International Days Payable?

Jin Medical International's average Accounts Payable for the six months ended in Sep. 2023 was $4.00 Mil. Jin Medical International's Cost of Goods Sold for the six months ended in Sep. 2023 was $6.31 Mil. Hence, Jin Medical International's Days Payable for the six months ended in Sep. 2023 was 115.69.

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

ZJYL' s Days Payable Range Over the Past 10 Years
Min: 105.07 Med: 134.81 Max: 185.43
Current: 113.11

During the past 4 years, Jin Medical International's highest Days Payable was 185.43. The lowest was 105.07. And the median was 134.81.

ZJYL's Days Payable is ranked better than
68.4% of 788 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs ZJYL: 113.11

Jin Medical International's Days Payable declined from Sep. 2022 (115.77) to Sep. 2023 (115.69). It may suggest that Jin Medical International accelerated paying its suppliers.

Jin Medical International Days Payable Historical Data

The historical data trend for Jin Medical International'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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Jin Medical International Days Payable Chart

Jin Medical International Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Days Payable

185.43

136.66

132.96

105.07

Jin Medical International Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			113.62	139.47	115.77	118.48	115.69

Competitive Comparison of Jin Medical International's Days Payable

For the Medical Instruments & Supplies subindustry, Jin Medical International'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.

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

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

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

Jin Medical International 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.

Jin Medical International's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (4.114	+	3.391)	/	2 )	/	13.036	*	365
=	3.7525					/	13.036	*	365
=	105.07

Jin Medical International's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (4.614	+	3.391)	/	2 )	/	6.314	*	365 / 2
=	4.0025					/	6.314	*	365 / 2
=	115.69

Jin Medical International Days Payable Related Terms

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Jin Medical International (Jin Medical International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Jin Medical International Ltd (NAS:ZJYL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 33 Lingxiang Road,, Wujin District, Jiangsu Province, Changzhou City, CHN, KY1-1205

Website

Jin Medical International Ltd offers rehabilitation equipment. It is primarily engaged in the design, development, manufacturing, and sales of wheelchair and other living aids products to be used by people with disabilities or impaired mobility. The Company's products are sold to distributors in both China and in overseas markets. Its product offerings comprise Wheelechaire serirs, Bath products, oxygen machines, nursing products, and conlo products.