GeneReach Biotechnology (ROCO:4171) Days Payable : 10.05 (As of Dec. 2024)

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What is GeneReach Biotechnology Days Payable?

GeneReach Biotechnology's average Accounts Payable for the three months ended in Dec. 2024 was NT$2.0 Mil. GeneReach Biotechnology's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$17.8 Mil. Hence, GeneReach Biotechnology's Days Payable for the three months ended in Dec. 2024 was 10.05.

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

ROCO:4171' s Days Payable Range Over the Past 10 Years
Min: 1.27 Med: 15.87 Max: 41.98
Current: 5.52

During the past 13 years, GeneReach Biotechnology's highest Days Payable was 41.98. The lowest was 1.27. And the median was 15.87.

ROCO:4171's Days Payable is ranked worse than
97.59% of 706 companies
in the Biotechnology industry
Industry Median: 118.34 vs ROCO:4171: 5.52

GeneReach Biotechnology's Days Payable increased from Dec. 2023 (1.11) to Dec. 2024 (10.05). It may suggest that GeneReach Biotechnology delayed paying its suppliers.

GeneReach Biotechnology Days Payable Historical Data

The historical data trend for GeneReach Biotechnology'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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GeneReach Biotechnology Days Payable Chart

GeneReach Biotechnology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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16.50

13.18

5.38

1.27

5.23

GeneReach Biotechnology Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															1.11	3.18	5.60	4.93	10.05

Competitive Comparison of GeneReach Biotechnology's Days Payable

For the Biotechnology subindustry, GeneReach Biotechnology'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.

GeneReach Biotechnology's Days Payable Distribution in the Biotechnology Industry

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

* The bar in red indicates where GeneReach Biotechnology's Days Payable falls into.

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GeneReach Biotechnology 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.

GeneReach Biotechnology'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
=	( (0.567	+	1.961)	/	2 )	/	88.211	*	365
=	1.264					/	88.211	*	365
=	5.23

GeneReach Biotechnology's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1.954	+	1.961)	/	2 )	/	17.769	*	365 / 4
=	1.9575					/	17.769	*	365 / 4
=	10.05

GeneReach Biotechnology Days Payable Related Terms

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GeneReach Biotechnology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » GeneReach Biotechnology Corp (ROCO:4171) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.19, Keyuan 2nd Road, Taichung, TWN, 407

Website

https://www.genereach.com

GeneReach Biotechnology Corp is a biotechnology company. The company develops, manufactures and markets products for applied nucleic acid detection technology. Its products are utilised for aquaculture, agriculture, food, companion animal, livestock and human health industries.

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