Pulike Biological Engineering (SHSE:603566) Days Payable : 153.54 (As of Mar. 2024)

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What is Pulike Biological Engineering Days Payable?

Pulike Biological Engineering's average Accounts Payable for the three months ended in Mar. 2024 was ¥141 Mil. Pulike Biological Engineering's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥84 Mil. Hence, Pulike Biological Engineering's Days Payable for the three months ended in Mar. 2024 was 153.54.

The historical rank and industry rank for Pulike Biological Engineering's Days Payable or its related term are showing as below:

SHSE:603566' s Days Payable Range Over the Past 10 Years
Min: 45.15 Med: 63.49 Max: 117.95
Current: 109.83

During the past 13 years, Pulike Biological Engineering's highest Days Payable was 117.95. The lowest was 45.15. And the median was 63.49.

SHSE:603566's Days Payable is ranked worse than
56.63% of 724 companies
in the Biotechnology industry
Industry Median: 150.695 vs SHSE:603566: 109.83

Pulike Biological Engineering's Days Payable increased from Mar. 2023 (110.25) to Mar. 2024 (153.54). It may suggest that Pulike Biological Engineering delayed paying its suppliers.

Pulike Biological Engineering Days Payable Historical Data

The historical data trend for Pulike Biological Engineering'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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Pulike Biological Engineering Days Payable Chart

Pulike Biological Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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58.05

46.40

45.15

87.20

117.95

Pulike Biological Engineering Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															110.25	106.13	95.55	96.85	153.54

Competitive Comparison of Pulike Biological Engineering's Days Payable

For the Biotechnology subindustry, Pulike Biological Engineering'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.

Pulike Biological Engineering's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Pulike Biological Engineering's Days Payable distribution charts can be found below:

* The bar in red indicates where Pulike Biological Engineering's Days Payable falls into.

Pulike Biological Engineering 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.

Pulike Biological Engineering'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
=	( (170.707	+	144.937)	/	2 )	/	488.398	*	365
=	157.822					/	488.398	*	365
=	117.95

Pulike Biological Engineering's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (144.937	+	137.091)	/	2 )	/	83.808	*	365 / 4
=	141.014					/	83.808	*	365 / 4
=	153.54

Pulike Biological Engineering Days Payable Related Terms

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Pulike Biological Engineering (SHSE:603566) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Pulike Biological Engineering Inc (SHSE:603566) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

15th New governance, Henan Province, Luoyang, CHN, 471000

Website

http://www.pulike.com.cn

Pulike Biological Engineering Inc is engaged in the research and development and production and operation of veterinary drugs.

Executives

Sun Jin Zhong	Director
Zhang Zhen	Supervisors
Wang Zhu Yi	Supervisors
Ma Sui Ying	Director
Song Yong Jun	Director
Hu Wei	Director
Qiao Rong Cen	senior management
Zhou Li Peng	senior management
Tian Ke Gong	senior management
Kang Du Li	senior management
Zhao Rui	senior management
Qin De Chao	Director
Pei Lian Feng	senior management
Zhang Li Chang	Director
Zhang Xu Ke	Director

Pulike Biological Engineering (SHSE:603566) Headlines

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