Sinopharm Group Co (HKSE:01099) Days Payable : 104.72 (As of Jun. 2024)

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What is Sinopharm Group Co Days Payable?

Sinopharm Group Co's average Accounts Payable for the six months ended in Jun. 2024 was HK$168,511 Mil. Sinopharm Group Co's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$293,663 Mil. Hence, Sinopharm Group Co's Days Payable for the six months ended in Jun. 2024 was 104.72.

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

HKSE:01099' s Days Payable Range Over the Past 10 Years
Min: 90.95 Med: 98.74 Max: 104.97
Current: 104.94

During the past 13 years, Sinopharm Group Co's highest Days Payable was 104.97. The lowest was 90.95. And the median was 98.74.

HKSE:01099's Days Payable is ranked better than
66.04% of 106 companies
in the Medical Distribution industry
Industry Median: 76.035 vs HKSE:01099: 104.94

Sinopharm Group Co's Days Payable increased from Jun. 2023 (99.99) to Jun. 2024 (104.72). It may suggest that Sinopharm Group Co delayed paying its suppliers.

Sinopharm Group Co Days Payable Historical Data

The historical data trend for Sinopharm 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.

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Sinopharm Group Co Days Payable Chart

Sinopharm Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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93.41

96.04

94.07

104.97

100.70

Sinopharm Group Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															102.76	97.28	99.99	105.09	104.72

Competitive Comparison of Sinopharm Group Co's Days Payable

For the Medical Distribution subindustry, Sinopharm 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.

Sinopharm Group Co's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Sinopharm Group Co's Days Payable distribution charts can be found below:

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

Sinopharm 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.

Sinopharm 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
=	( (161495.587	+	169259.473)	/	2 )	/	599454.145	*	365
=	165377.53					/	599454.145	*	365
=	100.70

Sinopharm 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
=	( (169259.473	+	167762.987)	/	2 )	/	293663.315	*	365 / 2
=	168511.23					/	293663.315	*	365 / 2
=	104.72

Sinopharm Group Co Days Payable Related Terms

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Sinopharm Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sinopharm Group Co Ltd (HKSE:01099) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SHTDY:USA SHTDF:USA X2S:Germany

Address

No. 385, East Longhua Road, Sinopharm Group Building, Huangpu District, Shanghai, CHN, 200023

Website

http://www.sinopharmgroup.com.cn

Founded in 2003, Sinopharm is the largest wholesaler and retailer of drugs and medical devices in China and listed on the Hong Kong Stock Exchange in 2009. It is a core subsidiary of China National Pharmaceutical Group. Sinopharm's largest operating segment is pharmaceutical distribution, making up over 70% of its total revenue by the end of 2023. In 2018, Sinopharm acquired the largest Chinese medical device distributor, China National Scientific Instruments and Materials. Now, medical device distribution accounts for over 20% of Sinopharm's total revenue. Sinopharm's downstream customers range from hospitals and other health services institutions to end-customers.

Executives

Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Lazard Asset Management Llc	2102 Investment manager
Zhong Xin Zheng Quan Yun Fan Dan Yi Zi Chan Guan Li Ji Hua	2501 Other
Zhong Xin Zheng Quan Zi Chan Guan Li You Xian Gong Si	2102 Investment manager
Citic Securities Company Limited	2201 Interest of corporation controlled by you
Citigroup Inc.	2502 Approved lending agent
Fmr Llc	2201 Interest of corporation controlled by you
Blackrock, Inc.	2201 Interest of corporation controlled by you

Sinopharm Group Co Headlines

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