Star Lake Bioscience Co (SHSE:600866) Days Payable : 28.41 (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Star Lake Bioscience Co Days Payable?

Star Lake Bioscience Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,108 Mil. Star Lake Bioscience Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,559 Mil. Hence, Star Lake Bioscience Co's Days Payable for the three months ended in Mar. 2024 was 28.41.

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

SHSE:600866' s Days Payable Range Over the Past 10 Years
Min: 31.42 Med: 61.56 Max: 165.55
Current: 31.42

During the past 13 years, Star Lake Bioscience Co's highest Days Payable was 165.55. The lowest was 31.42. And the median was 61.56.

SHSE:600866's Days Payable is ranked worse than
82.22% of 720 companies
in the Biotechnology industry
Industry Median: 147.17 vs SHSE:600866: 31.42

Star Lake Bioscience Co's Days Payable declined from Mar. 2023 (45.35) to Mar. 2024 (28.41). It may suggest that Star Lake Bioscience Co accelerated paying its suppliers.

Star Lake Bioscience Co Days Payable Historical Data

The historical data trend for Star Lake Bioscience 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.

* Premium members only.

Star Lake Bioscience Co Days Payable Chart

Star Lake Bioscience Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

57.40

79.68

165.55

58.31

35.27

Star Lake Bioscience 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															45.35	41.14	28.25	23.08	28.41

Competitive Comparison of Star Lake Bioscience Co's Days Payable

For the Biotechnology subindustry, Star Lake Bioscience 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.

Star Lake Bioscience Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Star Lake Bioscience Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Star Lake Bioscience Co's Days Payable falls into.

Star Lake Bioscience 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.

Star Lake Bioscience 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
=	( (1845.784	+	1040.247)	/	2 )	/	14932.988	*	365
=	1443.0155					/	14932.988	*	365
=	35.27

Star Lake Bioscience 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
=	( (1040.247	+	1175.447)	/	2 )	/	3558.831	*	365 / 4
=	1107.847					/	3558.831	*	365 / 4
=	28.41

Star Lake Bioscience Co Days Payable Related Terms

Thank you for viewing the detailed overview of Star Lake Bioscience Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Star Lake Bioscience Co (SHSE:600866) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Star Lake Bioscience Co Inc (SHSE:600866) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 67 Gongnong North Road, Guangdong Province, Zhaoqing, CHN, 526060

Website

http://www.starlake.com.cn

Star Lake Bioscience Co Inc is a China-based Pharmaceutical manufacturer. The company is mainly engaged in the research, development, production, and sales of chemical raw materials and pharmaceutical intermediates. Products offered by the company include proline, guanosine, adenosine, adenine, adefovir dipivoxil, memantine hydrochloride, Proline, threonine, lysine, among others. Its products are used in food processing, feed processing, and pharmaceutical manufacturing. Star Lake sells its products through direct sales and distributors in China and overseas markets.

Star Lake Bioscience Co (SHSE:600866) Headlines

No Headlines