MicroPort NeuroTech (HKSE:02172) Days Payable : 141.39 (As of Dec. 2023)

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What is MicroPort NeuroTech Days Payable?

MicroPort NeuroTech's average Accounts Payable for the six months ended in Dec. 2023 was HK$74.0 Mil. MicroPort NeuroTech's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$95.5 Mil. Hence, MicroPort NeuroTech's Days Payable for the six months ended in Dec. 2023 was 141.39.

The historical rank and industry rank for MicroPort NeuroTech's Days Payable or its related term are showing as below:

HKSE:02172' s Days Payable Range Over the Past 10 Years
Min: 88.08 Med: 98.14 Max: 175
Current: 139.43

During the past 5 years, MicroPort NeuroTech's highest Days Payable was 175.00. The lowest was 88.08. And the median was 98.14.

HKSE:02172's Days Payable is ranked better than
75.32% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.905 vs HKSE:02172: 139.43

MicroPort NeuroTech's Days Payable increased from Dec. 2022 (84.26) to Dec. 2023 (141.39). It may suggest that MicroPort NeuroTech delayed paying its suppliers.

MicroPort NeuroTech Days Payable Historical Data

The historical data trend for MicroPort NeuroTech'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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MicroPort NeuroTech Days Payable Chart

MicroPort NeuroTech Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

175.00

88.08

98.14

92.86

130.68

MicroPort NeuroTech Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			137.07	109.42	84.26	146.97	141.39

Competitive Comparison of MicroPort NeuroTech's Days Payable

For the Medical Devices subindustry, MicroPort NeuroTech'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.

MicroPort NeuroTech's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where MicroPort NeuroTech's Days Payable falls into.

MicroPort NeuroTech 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.

MicroPort NeuroTech'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
=	( (44.91	+	75.577)	/	2 )	/	168.259	*	365
=	60.2435					/	168.259	*	365
=	130.68

MicroPort NeuroTech'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
=	( (72.339	+	75.577)	/	2 )	/	95.461	*	365 / 2
=	73.958					/	95.461	*	365 / 2
=	141.39

MicroPort NeuroTech Days Payable Related Terms

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MicroPort NeuroTech (HKSE:02172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MicroPort NeuroTech Ltd (HKSE:02172) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1661 Zhangdong Road, Pudong New Area, Shanghai, CHN

Website

https://www.medneurotech.com

MicroPort NeuroTech Ltd is into the neuro-interventional medical device industry, dedicated to providing innovative solutions for physicians and patients. The company boast a comprehensive portfolio of approved therapeutic products covering all of the three main areas of neurovascular disease, namely hemorrhagic stroke, cerebral atherosclerotic stenosis and acute ischemic stroke.

Executives

Hu Yibin
Biolink Biomedical Ltd.	2201 Interest of corporation controlled by you
Blossom Vision Limited	2201 Interest of corporation controlled by you
Lion Fish Limited	2201 Interest of corporation controlled by you
Suntera Corporate Trustees (hong Kong) Limited	2301 Trustee
Thriving Hope Limited	2201 Interest of corporation controlled by you
Biolink Fund Limited Partnership	2201 Interest of corporation controlled by you
Biolink Limited	2101 Beneficial owner
Microport Scientific Corporation
Microport Scientific Investment Ltd
Maxwell Maxcare Science Foundation Limited
We'tron Capital Limited

MicroPort NeuroTech (HKSE:02172) Headlines

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