Shanghai Pioneer Holding (HKSE:01345) Days Payable : 99.70 (As of Dec. 2023)

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What is Shanghai Pioneer Holding Days Payable?

Shanghai Pioneer Holding's average Accounts Payable for the six months ended in Dec. 2023 was HK$286 Mil. Shanghai Pioneer Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$523 Mil. Hence, Shanghai Pioneer Holding's Days Payable for the six months ended in Dec. 2023 was 99.70.

The historical rank and industry rank for Shanghai Pioneer Holding's Days Payable or its related term are showing as below:

HKSE:01345' s Days Payable Range Over the Past 10 Years
Min: 115.45 Med: 148.51 Max: 176.51
Current: 115.45

During the past 12 years, Shanghai Pioneer Holding's highest Days Payable was 176.51. The lowest was 115.45. And the median was 148.51.

HKSE:01345's Days Payable is ranked better than
71.07% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.84 vs HKSE:01345: 115.45

Shanghai Pioneer Holding's Days Payable increased from Dec. 2022 (88.13) to Dec. 2023 (99.70). It may suggest that Shanghai Pioneer Holding delayed paying its suppliers.

Shanghai Pioneer Holding Days Payable Historical Data

The historical data trend for Shanghai Pioneer Holding'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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Shanghai Pioneer Holding Days Payable Chart

Shanghai Pioneer Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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134.20

153.27

167.74

143.20

124.98

Shanghai Pioneer Holding Semi-Annual Data
	Jun14	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															74.33	119.87	88.13	123.17	99.70

Competitive Comparison of Shanghai Pioneer Holding's Days Payable

For the Pharmaceutical Retailers subindustry, Shanghai Pioneer Holding'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.

Shanghai Pioneer Holding's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shanghai Pioneer Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Pioneer Holding's Days Payable falls into.

Shanghai Pioneer Holding 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.

Shanghai Pioneer Holding'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
=	( (361.282	+	311.668)	/	2 )	/	982.688	*	365
=	336.475					/	982.688	*	365
=	124.98

Shanghai Pioneer Holding'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
=	( (259.499	+	311.668)	/	2 )	/	522.771	*	365 / 2
=	285.5835					/	522.771	*	365 / 2
=	99.70

Shanghai Pioneer Holding Days Payable Related Terms

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Shanghai Pioneer Holding (HKSE:01345) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Shanghai Pioneer Holding Ltd (HKSE:01345) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.15, Lane 88 Wuwei Road, Putuo District, Shanghai, CHN, 200331

Website

http://www.pioneer-pharma.com

Shanghai Pioneer Holding Ltd is an investment holding company. It is engaged in the marketing, promotion, sales, and channel management service for pharmaceutical products and medical devices in China. The company has a portfolio of pharmaceutical products, covering ophthalmology, pain management, cardiovascular, gastroenterology, immunology, gynecology, and other therapeutic areas, and medical devices covering several medical specialties, including ophthalmology, orthopedics, odontology, and wound care. The majority of its revenue derives from the Sales of pharmaceutical products segment. The group operates mainly in PRC.

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