Wenzhou Kangning Hospital Co (FRA:4WK) Days Payable : 29.75 (As of Dec. 2023)

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What is Wenzhou Kangning Hospital Co Days Payable?

Wenzhou Kangning Hospital Co's average Accounts Payable for the six months ended in Dec. 2023 was €12.7 Mil. Wenzhou Kangning Hospital Co's Cost of Goods Sold for the six months ended in Dec. 2023 was €78.2 Mil. Hence, Wenzhou Kangning Hospital Co's Days Payable for the six months ended in Dec. 2023 was 29.75.

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

FRA:4WK' s Days Payable Range Over the Past 10 Years
Min: 26.06 Med: 40.14 Max: 61.87
Current: 29.33

During the past 10 years, Wenzhou Kangning Hospital Co's highest Days Payable was 61.87. The lowest was 26.06. And the median was 40.14.

FRA:4WK's Days Payable is ranked worse than
76.22% of 593 companies
in the Healthcare Providers & Services industry
Industry Median: 62.91 vs FRA:4WK: 29.33

Wenzhou Kangning Hospital Co's Days Payable increased from Dec. 2022 (21.63) to Dec. 2023 (29.75). It may suggest that Wenzhou Kangning Hospital Co delayed paying its suppliers.

Wenzhou Kangning Hospital Co Days Payable Historical Data

The historical data trend for Wenzhou Kangning Hospital 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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Wenzhou Kangning Hospital Co Days Payable Chart

Wenzhou Kangning Hospital Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

41.40

37.31

25.30

25.27

30.87

Wenzhou Kangning Hospital Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial														23.66	20.29	21.63	28.21	29.75

Competitive Comparison of Wenzhou Kangning Hospital Co's Days Payable

For the Medical Care Facilities subindustry, Wenzhou Kangning Hospital 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.

Wenzhou Kangning Hospital Co's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wenzhou Kangning Hospital Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wenzhou Kangning Hospital Co's Days Payable falls into.

Wenzhou Kangning Hospital 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.

Wenzhou Kangning Hospital 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
=	( (11.614	+	14.135)	/	2 )	/	152.204	*	365
=	12.8745					/	152.204	*	365
=	30.87

Wenzhou Kangning Hospital Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (11.351	+	14.135)	/	2 )	/	78.179	*	365 / 2
=	12.743					/	78.179	*	365 / 2
=	29.75

Wenzhou Kangning Hospital Co Days Payable Related Terms

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Wenzhou Kangning Hospital Co (FRA:4WK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Wenzhou Kangning Hospital Co Ltd (FRA:4WK) » Definitions » Days Payable

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02120:Hong Kong

Address

Shengjin Road, Huanglong Residential District, Zhejiang, Wenzhou, CHN

Website

http://www.knhosp.cn

Wenzhou Kangning Hospital Co Ltd is engaged in operating and managing a network of healthcare facilities that focus on providing psychiatric specialty care and elderly rehabilitation service across various regions in China. The company operates only in one reporting segment. The Group generates revenue mainly through the following three ways- revenue from operating its owned hospitals; revenue from other healthcare related business; and other revenue not related to healthcare business.

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