Aoxing Pharmaceutical Co (Aoxing Pharmaceutical Co) Days Payable : 334.51 (As of Mar. 2017)

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What is Aoxing Pharmaceutical Co Days Payable?

Aoxing Pharmaceutical Co's average Accounts Payable for the three months ended in Mar. 2017 was $4.70 Mil. Aoxing Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2017 was $1.28 Mil. Hence, Aoxing Pharmaceutical Co's Days Payable for the three months ended in Mar. 2017 was 334.51.

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

AOXG's Days Payable is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 89.21
* Ranked among companies with meaningful Days Payable only.

Aoxing Pharmaceutical Co's Days Payable increased from Mar. 2016 (162.18) to Mar. 2017 (334.51). It may suggest that Aoxing Pharmaceutical Co delayed paying its suppliers.

Aoxing Pharmaceutical Co Days Payable Historical Data

The historical data trend for Aoxing 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.

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Aoxing Pharmaceutical Co Days Payable Chart

Aoxing Pharmaceutical Co Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Days Payable

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305.86

275.39

218.58

250.06

148.68

Aoxing Pharmaceutical Co Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Days Payable	Get a 7-Day Free Trial															162.18	98.76	197.59	221.17	334.51

Competitive Comparison of Aoxing Pharmaceutical Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Aoxing 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.

Aoxing Pharmaceutical Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aoxing Pharmaceutical Co's Days Payable distribution charts can be found below:

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

Aoxing 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.

Aoxing Pharmaceutical Co's Days Payable for the fiscal year that ended in Jun. 2016 is calculated as

	Days Payable (A: Jun. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2015 )	+	Accounts Payable (A: Jun. 2016 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2016 )	*	Days in Period
=	( (3.625	+	2.71)	/	2 )	/	7.776	*	365
=	3.1675					/	7.776	*	365
=	148.68

Aoxing Pharmaceutical Co's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

	Days Payable (Q: Mar. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2016 )	+	Accounts Payable (Q: Mar. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2017 )	*	Days in Period
=	( (4.453	+	4.939)	/	2 )	/	1.281	*	365 / 4
=	4.696					/	1.281	*	365 / 4
=	334.51

Aoxing Pharmaceutical Co Days Payable Related Terms

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Aoxing Pharmaceutical Co (Aoxing Pharmaceutical Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aoxing Pharmaceutical Co Inc (OTCPK:AOXG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

624 Tyvola Road, Suite 103, No. 186, Charlotte, NC, USA, 28217

Website

http://www.aoxingpharma.com

Aoxing Pharmaceutical Co Inc is a specialty pharmaceutical company. The company specializes in research, development, manufacturing, and distribution of a variety of narcotic, pain-management, and addiction treatment pharmaceutical products. Aoxing holds approximately 139 drug production certificates covering narcotic pain-management, exclusive prescription medicines, OTC and API products. It derives all its revenue from the People's Republic of China.

Executives

Wilfred Chow	officer: Chief Financial Officer	30 WEST STREET, 3B, NEW YORK NY 10004
John P Oshea	director	C/O WESTMINSTER SECURITIES CORP, 100 WALL ST, 7TH FLOOR, NEW YORK NY 10005
John Leo	director, officer: Secretary	80 WALL STREET, 5TH FLOOR, NEW YORK NY 10005

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