PW Medtech Group (HKSE:01358) Days Payable : 44.96 (As of Dec. 2023)

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What is PW Medtech Group Days Payable?

PW Medtech Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$40.9 Mil. PW Medtech Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$166.2 Mil. Hence, PW Medtech Group's Days Payable for the six months ended in Dec. 2023 was 44.96.

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

HKSE:01358' s Days Payable Range Over the Past 10 Years
Min: 30.24 Med: 50.67 Max: 114.61
Current: 42.72

During the past 12 years, PW Medtech Group's highest Days Payable was 114.61. The lowest was 30.24. And the median was 50.67.

HKSE:01358's Days Payable is ranked worse than
73.92% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.67 vs HKSE:01358: 42.72

PW Medtech Group's Days Payable declined from Dec. 2022 (50.83) to Dec. 2023 (44.96). It may suggest that PW Medtech Group accelerated paying its suppliers.

PW Medtech Group Days Payable Historical Data

The historical data trend for PW Medtech 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.

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PW Medtech Group Days Payable Chart

PW Medtech Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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37.98

50.91

43.51

30.24

41.78

PW Medtech Group 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															43.52	60.13	50.83	41.31	44.96

Competitive Comparison of PW Medtech Group's Days Payable

For the Medical Instruments & Supplies subindustry, PW Medtech 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.

PW Medtech Group's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where PW Medtech Group's Days Payable falls into.

PW Medtech 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.

PW Medtech 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
=	( (31.094	+	42.57)	/	2 )	/	321.776	*	365
=	36.832					/	321.776	*	365
=	41.78

PW Medtech Group'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
=	( (39.326	+	42.57)	/	2 )	/	166.223	*	365 / 2
=	40.948					/	166.223	*	365 / 2
=	44.96

PW Medtech Group Days Payable Related Terms

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PW Medtech Group (HKSE:01358) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » PW Medtech Group Ltd (HKSE:01358) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PWE:Germany

Address

Building 1, No. 23 Panlong West Road, Pinggu District, Beijing, CHN, 101204

Website

https://www.pwmedtech.com

PW Medtech Group Ltd is a medical device company with a focus on fast-growing and high-margin segments of China's medical device industry. The company is engaged in the research and development, manufacturing, and sale of the advanced infusion set, intravenous cannula products, and insulin needles. Its products include non-PVC-based infusion sets, precision filter infusion sets, light-resistant infusion sets, intravenous cannula products, and insulin needles and pens. The company operates through three business segments: Infusion Set Business; Blood Purification Business; and Regenerative Medical Biomaterials Business.

Executives

Right Faith Holdings Limited	2101 Beneficial owner
Chan Marc	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc	2101 Beneficial owner
Cross Mark Limited	2101 Beneficial owner
Liu Yufeng	2201 Interest of corporation controlled by you
Zhang Zaixian	2202 Interest of your spouse

PW Medtech Group (HKSE:01358) Headlines

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