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Kontafarma China Holdings (HKSE:01312) Days Payable : 9.12 (As of Dec. 2023)


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What is Kontafarma China Holdings Days Payable?

Kontafarma China Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$7.7 Mil. Kontafarma China Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$154.4 Mil. Hence, Kontafarma China Holdings's Days Payable for the six months ended in Dec. 2023 was 9.12.

The historical rank and industry rank for Kontafarma China Holdings's Days Payable or its related term are showing as below:

HKSE:01312' s Days Payable Range Over the Past 10 Years
Min: 13.27   Med: 72.33   Max: 254.58
Current: 13.27

During the past 13 years, Kontafarma China Holdings's highest Days Payable was 254.58. The lowest was 13.27. And the median was 72.33.

HKSE:01312's Days Payable is ranked worse than
98.46% of 974 companies
in the Drug Manufacturers industry
Industry Median: 87.765 vs HKSE:01312: 13.27

Kontafarma China Holdings's Days Payable declined from Dec. 2022 (21.46) to Dec. 2023 (9.12). It may suggest that Kontafarma China Holdings accelerated paying its suppliers.


Kontafarma China Holdings Days Payable Historical Data

The historical data trend for Kontafarma China Holdings'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.

Kontafarma China Holdings Days Payable Chart

Kontafarma China Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 254.58 147.31 44.23 28.55 15.17

Kontafarma China Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 39.90 32.75 21.46 15.00 9.12

Competitive Comparison of Kontafarma China Holdings's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Kontafarma China Holdings'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.


Kontafarma China Holdings's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kontafarma China Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Kontafarma China Holdings's Days Payable falls into.



Kontafarma China Holdings 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.

Kontafarma China Holdings'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
=( (21.398 + 6.674) / 2 ) / 337.815*365
=14.036 / 337.815*365
=15.17

Kontafarma China Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (8.764 + 6.674) / 2 ) / 154.388*365 / 2
=7.719 / 154.388*365 / 2
=9.12

* 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.


Kontafarma China Holdings Days Payable Related Terms

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Kontafarma China Holdings (HKSE:01312) Business Description

Traded in Other Exchanges
N/A
Address
30 Harbour Road, Room 12A 09-20, 12th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Kontafarma China Holdings Ltd is principally engaged in the manufacture and sale of prescription drugs including chemical drugs and traditional Chinese medicine in the PRC, and the operation of fitness centers, provision of fitness and health consulting services, and the operation of franchises. The operating segments include pharmaceutical business and Fitness business. Majority of its revenue derives from pharmaceutical business segment.

Kontafarma China Holdings (HKSE:01312) Headlines

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