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ShangPharma Corp (NYSE:SHP)
Days Payable
52.15 (As of Sep. 2012)

ShangPharma Corp's payable for the three months ended in Sep. 2012 was $18.3 Mil. ShangPharma Corp's revenue for the three months ended in Sep. 2012 was $31.9 Mil. Hence, ShangPharma Corp's days payable for the three months ended in Sep. 2012 was 52.15.

ShangPharma Corp's days payable increased from Sep. 2011 (49.26) to Sep. 2012 (52.15). It may suggest that ShangPharma Corp delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

ShangPharma Corp's Days Payable for the fiscal year that ended in Dec. 2011 is calculated as

Days Payable=Payable/Revenue*Days in Period
=19.67/111.602*365
=64.33

ShangPharma Corp's Days Payable for the quarter that ended in Sep. 2012 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=18.274/31.885*91
=52.15

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

ShangPharma Corp Annual Data

Dec08Dec09Dec10Dec11
DaysPayable 0.000.000.000.000.000.0082.7057.9577.5264.33

ShangPharma Corp Quarterly Data

Dec09Jun10Sep10Dec10Mar11Sep11Dec11Mar12Jun12Sep12
DaysPayable 52.750.0039.9868.1470.4149.2658.7248.5049.3452.15
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