Shandong Boan Biotechnology Co (HKSE:06955) Days Payable : 333.66 (As of Dec. 2023)

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What is Shandong Boan Biotechnology Co Days Payable?

Shandong Boan Biotechnology Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$212.3 Mil. Shandong Boan Biotechnology Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$116.1 Mil. Hence, Shandong Boan Biotechnology Co's Days Payable for the six months ended in Dec. 2023 was 333.66.

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

HKSE:06955' s Days Payable Range Over the Past 10 Years
Min: 320.91 Med: 352.41 Max: 795.11
Current: 320.91

During the past 4 years, Shandong Boan Biotechnology Co's highest Days Payable was 795.11. The lowest was 320.91. And the median was 352.41.

HKSE:06955's Days Payable is ranked better than
69.46% of 717 companies
in the Biotechnology industry
Industry Median: 147.46 vs HKSE:06955: 320.91

Shandong Boan Biotechnology Co's Days Payable increased from Dec. 2022 (296.28) to Dec. 2023 (333.66). It may suggest that Shandong Boan Biotechnology Co delayed paying its suppliers.

Shandong Boan Biotechnology Co Days Payable Historical Data

The historical data trend for Shandong Boan Biotechnology 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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Shandong Boan Biotechnology Co Days Payable Chart

Shandong Boan Biotechnology Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

795.11

352.41

332.55

Shandong Boan Biotechnology Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			517.92	329.90	296.28	295.96	333.66

Competitive Comparison of Shandong Boan Biotechnology Co's Days Payable

For the Biotechnology subindustry, Shandong Boan Biotechnology 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.

Shandong Boan Biotechnology Co's Days Payable Distribution in the Biotechnology Industry

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

* The bar in red indicates where Shandong Boan Biotechnology Co's Days Payable falls into.

Shandong Boan Biotechnology 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.

Shandong Boan Biotechnology 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
=	( (178.901	+	237.976)	/	2 )	/	228.775	*	365
=	208.4385					/	228.775	*	365
=	332.55

Shandong Boan Biotechnology Co'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
=	( (186.549	+	237.976)	/	2 )	/	116.1	*	365 / 2
=	212.2625					/	116.1	*	365 / 2
=	333.66

Shandong Boan Biotechnology Co Days Payable Related Terms

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Shandong Boan Biotechnology Co (HKSE:06955) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Shandong Boan Biotechnology Co Ltd (HKSE:06955) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

UJ9:Germany

Address

No. 39 Keji Avenue, High-Tech Industrial Development Zone, Shandong Province, Yantai, CHN

Website

https://www.boan-bio.com

Shandong Boan Biotechnology Co Ltd is a fully integrated biopharmaceutical company. The company is engaged in the development, manufacture, and commercialization of high-quality biologics in China and around the world. It focuses on areas such as oncology, metabolism, autoimmunity, and ophthalmology. Geographically company's revenue is generated from customers located in Mainland China.

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