Jilin Province Huinan Changlong Bio-pharmacy Co (HKSE:08049) Days Payable : 84.30 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Jilin Province Huinan Changlong Bio-pharmacy Co Days Payable?

Jilin Province Huinan Changlong Bio-pharmacy Co's average Accounts Payable for the three months ended in Dec. 2023 was HK$77.2 Mil. Jilin Province Huinan Changlong Bio-pharmacy Co's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$83.6 Mil. Hence, Jilin Province Huinan Changlong Bio-pharmacy Co's Days Payable for the three months ended in Dec. 2023 was 84.30.

The historical rank and industry rank for Jilin Province Huinan Changlong Bio-pharmacy Co's Days Payable or its related term are showing as below:

HKSE:08049' s Days Payable Range Over the Past 10 Years
Min: 38.96 Med: 106.11 Max: 186.58
Current: 88.04

During the past 13 years, Jilin Province Huinan Changlong Bio-pharmacy Co's highest Days Payable was 186.58. The lowest was 38.96. And the median was 106.11.

HKSE:08049's Days Payable is ranked better than
50.92% of 976 companies
in the Drug Manufacturers industry
Industry Median: 86.32 vs HKSE:08049: 88.04

Jilin Province Huinan Changlong Bio-pharmacy Co's Days Payable declined from Dec. 2022 (85.70) to Dec. 2023 (84.30). It may suggest that Jilin Province Huinan Changlong Bio-pharmacy Co accelerated paying its suppliers.

Jilin Province Huinan Changlong Bio-pharmacy Co Days Payable Historical Data

The historical data trend for Jilin Province Huinan Changlong Bio-pharmacy 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.

Jilin Province Huinan Changlong Bio-pharmacy Co Days Payable Chart

Jilin Province Huinan Changlong Bio-pharmacy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

113.57

186.58

159.82

115.01

97.55

Jilin Province Huinan Changlong Bio-pharmacy Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															85.70	140.74	51.12	88.93	84.30

Competitive Comparison of Jilin Province Huinan Changlong Bio-pharmacy Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Jilin Province Huinan Changlong Bio-pharmacy 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.

Jilin Province Huinan Changlong Bio-pharmacy Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Jilin Province Huinan Changlong Bio-pharmacy Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jilin Province Huinan Changlong Bio-pharmacy Co's Days Payable falls into.

Jilin Province Huinan Changlong Bio-pharmacy 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.

Jilin Province Huinan Changlong Bio-pharmacy 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
=	( (73.351	+	77.201)	/	2 )	/	281.647	*	365
=	75.276					/	281.647	*	365
=	97.55

Jilin Province Huinan Changlong Bio-pharmacy 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	77.201)	/	1 )	/	83.561	*	365 / 4
=	77.201					/	83.561	*	365 / 4
=	84.30

Jilin Province Huinan Changlong Bio-pharmacy Co Days Payable Related Terms

Thank you for viewing the detailed overview of Jilin Province Huinan Changlong Bio-pharmacy Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Jilin Province Huinan Changlong Bio-pharmacy Co (HKSE:08049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Jilin Province Huinan Changlong Bio-pharmacy Co Ltd (HKSE:08049) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JIL:Germany

Address

625 & 639 Nathan Road, Room 1101-2, 11th Floor, Office Tower Two, Grand Plaza, Mong kok, Kowloon, Hong Kong, HKG

Website

http://www.jlchanglong.com

Jilin Province Huinan Changlong Bio-pharmacy Co Ltd is a pharmaceutical company. It is engaged in the manufacturing and distribution of Chinese medicines and pharmaceutical products. The company sells medicines under the brand names: Changlong and Qing Tong. The group has only one business segment which is the manufacture and distribution of Chinese medicines. It derives revenue primarily from operations in the PRC.

Jilin Province Huinan Changlong Bio-pharmacy Co (HKSE:08049) Headlines

No Headlines