Zhejiang Ausun Pharmaceutical Co (SHSE:603229) Days Payable : 492.04 (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Zhejiang Ausun Pharmaceutical Co Days Payable?

Zhejiang Ausun Pharmaceutical Co's average Accounts Payable for the three months ended in Sep. 2023 was ¥471.5 Mil. Zhejiang Ausun Pharmaceutical Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥87.4 Mil. Hence, Zhejiang Ausun Pharmaceutical Co's Days Payable for the three months ended in Sep. 2023 was 492.04.

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

SHSE:603229' s Days Payable Range Over the Past 10 Years
Min: 305.68 Med: 352.71 Max: 547.71
Current: 471.35

During the past 11 years, Zhejiang Ausun Pharmaceutical Co's highest Days Payable was 547.71. The lowest was 305.68. And the median was 352.71.

SHSE:603229's Days Payable is ranked better than
74.27% of 715 companies
in the Biotechnology industry
Industry Median: 148.78 vs SHSE:603229: 471.35

Zhejiang Ausun Pharmaceutical Co's Days Payable increased from Sep. 2022 (408.35) to Sep. 2023 (492.04). It may suggest that Zhejiang Ausun Pharmaceutical Co delayed paying its suppliers.

Zhejiang Ausun Pharmaceutical Co Days Payable Historical Data

The historical data trend for Zhejiang Ausun Pharmaceutical 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.

Zhejiang Ausun Pharmaceutical Co Days Payable Chart

Zhejiang Ausun Pharmaceutical Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

355.63

344.29

349.79

406.34

453.58

Zhejiang Ausun Pharmaceutical Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															408.35	521.97	416.51	496.92	492.04

Competitive Comparison of Zhejiang Ausun Pharmaceutical Co's Days Payable

For the Biotechnology subindustry, Zhejiang Ausun Pharmaceutical 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.

Zhejiang Ausun Pharmaceutical Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Zhejiang Ausun Pharmaceutical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Ausun Pharmaceutical Co's Days Payable falls into.

Zhejiang Ausun Pharmaceutical 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.

Zhejiang Ausun Pharmaceutical Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (402.245	+	519.322)	/	2 )	/	370.794	*	365
=	460.7835					/	370.794	*	365
=	453.58

Zhejiang Ausun Pharmaceutical Co's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (502.438	+	440.513)	/	2 )	/	87.436	*	365 / 4
=	471.4755					/	87.436	*	365 / 4
=	492.04

Zhejiang Ausun Pharmaceutical Co Days Payable Related Terms

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

Zhejiang Ausun Pharmaceutical Co (SHSE:603229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Zhejiang Ausun Pharmaceutical Co Ltd (SHSE:603229) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.5, Donghai 4th Avenue, chemical raw materials base Linhai Park East, Zhejiang Province, Taizhou, CHN, 317016

Website

http://www.ausunpharm.com

Zhejiang Ausun Pharmaceutical Co Ltd is mainly engaged in the research and development, production and sales of specialty APIs and pharmaceutical intermediates, as well as providing customized production and research for customers. Its products portfolio includes Prostaglandins and their intermediates, Raw material medicine, Fluorine series and Develop products.

Zhejiang Ausun Pharmaceutical Co (SHSE:603229) Headlines

No Headlines