China Health Group (FRA:VNL1) Days Payable : 78.00 (As of Dec. 2023)

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What is China Health Group Days Payable?

China Health Group's average Accounts Payable for the three months ended in Dec. 2023 was €0.71 Mil. China Health Group's Cost of Goods Sold for the three months ended in Dec. 2023 was €0.83 Mil. Hence, China Health Group's Days Payable for the three months ended in Dec. 2023 was 78.00.

The historical rank and industry rank for China Health Group's Days Payable or its related term are showing as below:

FRA:VNL1' s Days Payable Range Over the Past 10 Years
Min: 12.77 Med: 164.69 Max: 1342.85
Current: 294.15

During the past 13 years, China Health Group's highest Days Payable was 1342.85. The lowest was 12.77. And the median was 164.69.

FRA:VNL1's Days Payable is ranked better than
85.78% of 204 companies
in the Medical Diagnostics & Research industry
Industry Median: 66.645 vs FRA:VNL1: 294.15

China Health Group's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (78.00). It may suggest that China Health Group delayed paying its suppliers.

China Health Group Days Payable Historical Data

The historical data trend for China Health Group'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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China Health Group Days Payable Chart

China Health Group Annual Data

Trend

Dec12

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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152.01

177.63

138.26

324.79

160.78

China Health Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	514.02	434.42	1,364.63	78.00

Competitive Comparison of China Health Group's Days Payable

For the Diagnostics & Research subindustry, China Health Group'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.

China Health Group's Days Payable Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, China Health Group's Days Payable distribution charts can be found below:

* The bar in red indicates where China Health Group's Days Payable falls into.

China Health Group 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.

China Health Group'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
=	( (0.783	+	0.712)	/	2 )	/	1.697	*	365
=	0.7475					/	1.697	*	365
=	160.78

China Health Group'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0.712)	/	1 )	/	0.833	*	365 / 4
=	0.712					/	0.833	*	365 / 4
=	78.00

China Health Group Days Payable Related Terms

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China Health Group (FRA:VNL1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » China Health Group Inc (FRA:VNL1) » Definitions » Days Payable

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08225:Hong Kong

Address

Building 17, Jianwai SOHO, Chaoyang District, Beijing, CHN

Website

http://www.chgi.net

China Health Group Inc is an investment holding company engaged in providing medical care facilities in the People's republic of china. The company provides provision of post launch market research, medical and medical market services (PM services), Provision of contracted pharmaceutical development services (PD services), Provision of contracted clinical research services (CR Services), Drugs technologies, and Other medical services. The majority of the revenue for the company comes from the provision of PM services.

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