Great Tree Pharmacy Co (ROCO:6469) Days Payable : 48.51 (As of Mar. 2024)

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What is Great Tree Pharmacy Co Days Payable?

Great Tree Pharmacy Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$1,618 Mil. Great Tree Pharmacy Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$3,044 Mil. Hence, Great Tree Pharmacy Co's Days Payable for the three months ended in Mar. 2024 was 48.51.

The historical rank and industry rank for Great Tree Pharmacy Co's Days Payable or its related term are showing as below:

ROCO:6469' s Days Payable Range Over the Past 10 Years
Min: 29.43 Med: 38.09 Max: 49.95
Current: 48.66

During the past 12 years, Great Tree Pharmacy Co's highest Days Payable was 49.95. The lowest was 29.43. And the median was 38.09.

ROCO:6469's Days Payable is ranked worse than
61.07% of 596 companies
in the Healthcare Providers & Services industry
Industry Median: 63.31 vs ROCO:6469: 48.66

Great Tree Pharmacy Co's Days Payable declined from Mar. 2023 (50.68) to Mar. 2024 (48.51). It may suggest that Great Tree Pharmacy Co accelerated paying its suppliers.

Great Tree Pharmacy Co Days Payable Historical Data

The historical data trend for Great Tree 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.

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Great Tree Pharmacy Co Days Payable Chart

Great Tree Pharmacy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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40.48

42.67

42.86

46.24

49.95

Great Tree Pharmacy Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															50.68	48.79	49.38	48.93	48.51

Competitive Comparison of Great Tree Pharmacy Co's Days Payable

For the Pharmaceutical Retailers subindustry, Great Tree 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.

Great Tree Pharmacy Co's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Great Tree Pharmacy Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Great Tree Pharmacy Co's Days Payable falls into.

Great Tree 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.

Great Tree 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
=	( (1535.533	+	1655.285)	/	2 )	/	11658.104	*	365
=	1595.409					/	11658.104	*	365
=	49.95

Great Tree Pharmacy Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1655.285	+	1581.607)	/	2 )	/	3044.287	*	365 / 4
=	1618.446					/	3044.287	*	365 / 4
=	48.51

Great Tree Pharmacy Co Days Payable Related Terms

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Great Tree Pharmacy Co (ROCO:6469) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Great Tree Pharmacy Co Ltd (ROCO:6469) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 143, Chengzhang 4th Street, Zhongli District, Taoyuan, TWN, 32067

Website

https://www.greattree.com.tw

Great Tree Pharmacy Co Ltd is engaged in the management and trade of various drugs, health products, goods for mothers and babies, and cosmetics products. The firm also provides coordinated medicine procurement services to various clinics, outpatient centers, and medical communities. Besides, the company is also an agency for domestic and foreign health care products sold in clinics, outpatient centers, and medical communities.

Great Tree Pharmacy Co (ROCO:6469) Headlines

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