Town Health International Medical Group (HKSE:03886) Days Payable : 43.65 (As of Jun. 2024)

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What is Town Health International Medical Group Days Payable?

Town Health International Medical Group's average Accounts Payable for the six months ended in Jun. 2024 was HK$159 Mil. Town Health International Medical Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$665 Mil. Hence, Town Health International Medical Group's Days Payable for the six months ended in Jun. 2024 was 43.65.

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

HKSE:03886' s Days Payable Range Over the Past 10 Years
Min: 17.72 Med: 26.31 Max: 48.34
Current: 44.31

During the past 13 years, Town Health International Medical Group's highest Days Payable was 48.34. The lowest was 17.72. And the median was 26.31.

HKSE:03886's Days Payable is ranked worse than
62.25% of 604 companies
in the Healthcare Providers & Services industry
Industry Median: 58.405 vs HKSE:03886: 44.31

Town Health International Medical Group's Days Payable increased from Jun. 2023 (41.56) to Jun. 2024 (43.65). It may suggest that Town Health International Medical Group delayed paying its suppliers.

Town Health International Medical Group Days Payable Historical Data

The historical data trend for Town Health International Medical 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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Town Health International Medical Group Days Payable Chart

Town Health International Medical Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

32.49

44.53

48.34

42.61

44.69

Town Health International Medical Group 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															45.48	41.56	43.20	43.65	44.59

Competitive Comparison of Town Health International Medical Group's Days Payable

For the Medical Care Facilities subindustry, Town Health International Medical 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.

Town Health International Medical Group's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Town Health International Medical Group's Days Payable distribution charts can be found below:

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

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Town Health International Medical 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.

Town Health International Medical 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
=	( (153.488	+	157.265)	/	2 )	/	1331.09	*	365
=	155.3765					/	1331.09	*	365
=	42.61

Town Health International Medical Group'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
=	( (157.265	+	160.714)	/	2 )	/	664.727	*	365 / 2
=	158.9895					/	664.727	*	365 / 2
=	43.65

Town Health International Medical Group Days Payable Related Terms

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Town Health International Medical Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Town Health International Medical Group Ltd (HKSE:03886) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

10-12 Yuen Shun Circuit, 6th Floor, Town Health Technology Centre, Siu Lek Yuen, New Territories, Shatin, Hong Kong, HKG

Website

https://www.townhealth.com

Town Health International Medical Group Ltd is a Chinese healthcare services company. The company operates in the following business segments: Hong Kong medical services, which provides medical and dental services in Hong Kong; Hong Kong managed medical network business manages healthcare networks and provision of third-party medical networks; Mainland hospital management and medical services, which provides medical and dental services in the PRC; and Others, provides miscellaneous healthcare-related services and leasing of properties. Its geographic segments are Hong Kong and the PRC. It generates the majority of its revenue from the PRC.

Executives

Choi Chee Ming	2201 Interest of corporation controlled by you
Choi Karson Ka Tsan	2101 Beneficial owner
Classictime Investments Limited	2101 Beneficial owner
Minerva Group Holding Limited	2201 Interest of corporation controlled by you
China Life Insurance (group) Company	2101 Beneficial owner
Power Financial Group Limited	2201 Interest of corporation controlled by you
Cho Kwai Chee	2201 Interest of corporation controlled by you

Town Health International Medical Group Headlines

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