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SVA (Sinovac Biotech) Days Payable : 1,472.28 (As of Jun. 2024)


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What is Sinovac Biotech Days Payable?

Sinovac Biotech's average Accounts Payable for the six months ended in Jun. 2024 was $329.4 Mil. Sinovac Biotech's Cost of Goods Sold for the six months ended in Jun. 2024 was $40.8 Mil. Hence, Sinovac Biotech's Days Payable for the six months ended in Jun. 2024 was 1,472.28.

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

SVA' s Days Payable Range Over the Past 10 Years
Min: 15.17   Med: 55.33   Max: 5299.24
Current: 5299.24

During the past 13 years, Sinovac Biotech's highest Days Payable was 5299.24. The lowest was 15.17. And the median was 55.33.

SVA's Days Payable is not ranked
in the Biotechnology industry.
Industry Median: 118.35 vs SVA: 5299.24

Sinovac Biotech's Days Payable increased from Jun. 2023 (406.52) to Jun. 2024 (1,472.28). It may suggest that Sinovac Biotech delayed paying its suppliers.


Sinovac Biotech Days Payable Historical Data

The historical data trend for Sinovac Biotech'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.

Sinovac Biotech Days Payable Chart

Sinovac Biotech 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 63.59 98.68 15.17 20.91 37.32

Sinovac Biotech Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 140.94 75.13 406.52 - 1,472.28

Competitive Comparison of Sinovac Biotech's Days Payable

For the Biotechnology subindustry, Sinovac Biotech'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.


Sinovac Biotech's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Sinovac Biotech's Days Payable distribution charts can be found below:

* The bar in red indicates where Sinovac Biotech's Days Payable falls into.


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Sinovac Biotech 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.

Sinovac Biotech'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
=( (19.825 + 17.291) / 2 ) / 181.516*365
=18.558 / 181.516*365
=37.32

Sinovac Biotech's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (17.291 + 641.579) / 2 ) / 40.836*365 / 2
=329.435 / 40.836*365 / 2
=1,472.28

* 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.


Sinovac Biotech Days Payable Related Terms

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Sinovac Biotech Business Description

Traded in Other Exchanges
N/A
Address
No.39, Shangdi Xi Road, Haidan District, Beijing, CHN, 100085
Sinovac Biotech Ltd is a China-based biopharmaceutical company that focuses on research, development, manufacturing and commercialization of vaccines that protect against human infectious diseases including, without limitation, hepatitis A, hepatitis B, hand foot and mouth disease (HFMD) caused by EV71, seasonal influenza, H5N1 and H1N1 pandemic influenza, coronavirus, pneumococcus, poliomyelitis, varicella and mumps.
Executives
Lily Wang director, 10 percent owner, officer: Chief Financial Officer 300 MURCHISON DR., MILLBRAE CA 94030
Ifg Investments Services Inc 10 percent owner PO BOX 822, CHARLESTOWN FEDERATION OF ST KITTS & NEVIS WEST INDIES P8 00000
Yin Weidong director, 10 percent owner, officer: President and CEO
Terry G Bowering director, 10 percent owner, officer: President, CEO 10 CEDAR MEADOW DRIVE REGINA A9 S4X 3J6