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China NT Pharma Group Co (HKSE:01011) Days Payable : 5.49 (As of Jun. 2024)


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What is China NT Pharma Group Co Days Payable?

China NT Pharma Group Co's average Accounts Payable for the six months ended in Jun. 2024 was HK$0.83 Mil. China NT Pharma Group Co's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$27.55 Mil. Hence, China NT Pharma Group Co's Days Payable for the six months ended in Jun. 2024 was 5.49.

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

HKSE:01011' s Days Payable Range Over the Past 10 Years
Min: 7.58   Med: 195.69   Max: 353.68
Current: 7.58

During the past 13 years, China NT Pharma Group Co's highest Days Payable was 353.68. The lowest was 7.58. And the median was 195.69.

HKSE:01011's Days Payable is ranked worse than
98.93% of 936 companies
in the Drug Manufacturers industry
Industry Median: 87.515 vs HKSE:01011: 7.58

China NT Pharma Group Co's Days Payable increased from Jun. 2023 (0.00) to Jun. 2024 (5.49). It may suggest that China NT Pharma Group Co delayed paying its suppliers.


China NT Pharma Group Co Days Payable Historical Data

The historical data trend for China NT Pharma Group 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.

China NT Pharma Group Co Days Payable Chart

China NT Pharma Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 166.69 201.81 - - 8.35

China NT Pharma Group Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 5.49 13.53

Competitive Comparison of China NT Pharma Group Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, China NT Pharma Group 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.


China NT Pharma Group Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, China NT Pharma Group Co's Days Payable distribution charts can be found below:

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


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China NT Pharma Group 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.

China NT Pharma Group 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
=( (9.466 + 1.065) / 2 ) / 0*365
=5.2655 / 0*365
=N/A

China NT Pharma Group Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (1.065 + 0.593) / 2 ) / 27.55*365 / 2
=0.829 / 27.55*365 / 2
=5.49

* 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.


China NT Pharma Group Co Days Payable Related Terms

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China NT Pharma Group Co Business Description

Traded in Other Exchanges
N/A
Address
198 Wellington Street, 28th Floor, The Wellington, Sheung Wan, Hong Kong, HKG
China NT Pharma Group Co Ltd is a technology-based pharmaceutical company. It is engaged in research and development, production, and sale of private-label drugs, as well as the provision of pharmaceutical marketing and promotion services in China. It focused on the research, development, production, and sales of orthopedic, psychiatric, and oncology drugs. The company operates in a single segment of Proprietary product production and sales. The company earns the majority of its revenue from the domestic market. The Group's revenue from an external customer was derived solely from its operations in the PRC.
Executives
Ieong Chong Mang
Golden Base Investment Limited
Wang Minzhi 2101 Beneficial owner
Shum Ning
Chin Yu
Ng Tit
Ieong Iat 2101 Beneficial owner

China NT Pharma Group Co Headlines

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