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Asymchem Laboratories Tianjin Co (HKSE:06821) Days Payable : 47.22 (As of Mar. 2025)


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What is Asymchem Laboratories Tianjin Co Days Payable?

Asymchem Laboratories Tianjin Co's average Accounts Payable for the three months ended in Mar. 2025 was HK$491 Mil. Asymchem Laboratories Tianjin Co's Cost of Goods Sold for the three months ended in Mar. 2025 was HK$950 Mil. Hence, Asymchem Laboratories Tianjin Co's Days Payable for the three months ended in Mar. 2025 was 47.22.

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

HKSE:06821' s Days Payable Range Over the Past 10 Years
Min: 37.89   Med: 71.73   Max: 84.62
Current: 48.03

During the past 13 years, Asymchem Laboratories Tianjin Co's highest Days Payable was 84.62. The lowest was 37.89. And the median was 71.73.

HKSE:06821's Days Payable is ranked worse than
72.62% of 705 companies
in the Biotechnology industry
Industry Median: 115.08 vs HKSE:06821: 48.03

Asymchem Laboratories Tianjin Co's Days Payable declined from Mar. 2024 (49.79) to Mar. 2025 (47.22). It may suggest that Asymchem Laboratories Tianjin Co accelerated paying its suppliers.


Asymchem Laboratories Tianjin Co Days Payable Historical Data

The historical data trend for Asymchem Laboratories Tianjin 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.

Asymchem Laboratories Tianjin Co Days Payable Chart

Asymchem Laboratories Tianjin 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 68.21 64.90 39.69 49.40 49.94

Asymchem Laboratories Tianjin Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 49.79 47.30 54.81 45.99 47.22

Competitive Comparison of Asymchem Laboratories Tianjin Co's Days Payable

For the Biotechnology subindustry, Asymchem Laboratories Tianjin 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.


Asymchem Laboratories Tianjin Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Asymchem Laboratories Tianjin Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Asymchem Laboratories Tianjin Co's Days Payable falls into.


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Asymchem Laboratories Tianjin 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.

Asymchem Laboratories Tianjin Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (496.16 + 481.356) / 2 ) / 3572.249*365
=488.758 / 3572.249*365
=49.94

Asymchem Laboratories Tianjin Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (481.356 + 501.448) / 2 ) / 949.585*365 / 4
=491.402 / 949.585*365 / 4
=47.22

* 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.


Asymchem Laboratories Tianjin Co Days Payable Related Terms

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Asymchem Laboratories Tianjin Co Business Description

Traded in Other Exchanges
Address
No. 6 Dongting Third Street, Economic and Technological Development Zone, Tianjin, CHN, 300457
Asymchem Laboratories Tianjin Co Ltd is a China-based company, a technology-driven provider of Contract Development manufacturing organization solutions throughout the drug development and manufacturing process. The Group provides clinical-stage CDMO solutions, commercial-stage CDMO solutions, and emerging services. Its operations relate to contract development and manufacturing which focuses on innovation and commercial application of pharmaceutical technology. It has geographic areas in the Chinese Mainland and Overseas.
Executives
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Citigroup Inc. 2201 Interest of corporation controlled by you
Schroders Plc 2102 Investment manager
Norges Bank 2101 Beneficial owner
Fmr Llc 2201 Interest of corporation controlled by you
Fidelity Investment Trust 2101 Beneficial owner
Springhill Fund Asset Management (hk) Company Limited 2102 Investment manager
Springhill Fund Limited 2201 Interest of corporation controlled by you
Springhill Global Feeder Fund Limited 2201 Interest of corporation controlled by you
Springhill Master Fund Limited 2101 Beneficial owner
Morgan Stanley 2201 Interest of corporation controlled by you
Hhlr Advisors, Ltd. 2102 Investment manager
Hhlr Fund, L.p. 2101 Beneficial owner
Jpmorgan Asset Management (asia Pacific) Limited 2102 Investment manager
Fidelity Management & Research Company Llc

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