Andon Health Co (SZSE:002432) Days Payable : 37.77 (As of Mar. 2024)

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What is Andon Health Co Days Payable?

Andon Health Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥90 Mil. Andon Health Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥216 Mil. Hence, Andon Health Co's Days Payable for the three months ended in Mar. 2024 was 37.77.

The historical rank and industry rank for Andon Health Co's Days Payable or its related term are showing as below:

SZSE:002432' s Days Payable Range Over the Past 10 Years
Min: 17.1 Med: 58.4 Max: 83.68
Current: 37.85

During the past 13 years, Andon Health Co's highest Days Payable was 83.68. The lowest was 17.10. And the median was 58.40.

SZSE:002432's Days Payable is ranked worse than
78.42% of 783 companies
in the Medical Devices & Instruments industry
Industry Median: 72.46 vs SZSE:002432: 37.85

Andon Health Co's Days Payable declined from Mar. 2023 (40.14) to Mar. 2024 (37.77). It may suggest that Andon Health Co accelerated paying its suppliers.

Andon Health Co Days Payable Historical Data

The historical data trend for Andon Health Co'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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Andon Health Co Days Payable Chart

Andon Health Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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56.86

45.41

68.87

17.10

64.58

Andon Health Co 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															40.14	32.88	57.29	32.13	37.77

Competitive Comparison of Andon Health Co's Days Payable

For the Medical Instruments & Supplies subindustry, Andon Health Co'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.

Andon Health Co's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Andon Health Co's Days Payable falls into.

Andon Health Co 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.

Andon Health Co'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
=	( (311.972	+	104.378)	/	2 )	/	1176.572	*	365
=	208.175					/	1176.572	*	365
=	64.58

Andon Health Co'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
=	( (104.378	+	74.81)	/	2 )	/	216.48	*	365 / 4
=	89.594					/	216.48	*	365 / 4
=	37.77

Andon Health Co Days Payable Related Terms

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Andon Health Co (SZSE:002432) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Andon Health Co Ltd (SZSE:002432) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7/F Hua Qiao Chuang Ye Plaza, No. 10 Jin Ping Road, Ya An Street, Tianjin, Nankal District, CHN, 300190

Website

http://www.jiuan.com

Andon Health Co Ltd is a China-based company. It is principally engaged in the research and development, manufacture and distribution of medical instruments. Its main products include a blood pressure monitor, blood glucose monitor, TENS, electrical muscle stimulator, electronic pulse massager, and a digital thermometer.

Executives

Wang Yong	Directors, executives
Wu Tong	Secretary Dong
Cong Ming	Executives, directors
Sun Zhe	Executives
Liu Yi	Director
Li Zhi Yi	Directors, executives
Yu You Xin	Supervisors
Zhang Feng Yun	Executives
Yao Kai	Supervisors

Andon Health Co (SZSE:002432) Headlines

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