Chongqing Taiji Industry (Group) Co (SHSE:600129) Days Payable : 85.45 (As of Mar. 2025)

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What is Chongqing Taiji Industry (Group) Co Days Payable?

Chongqing Taiji Industry (Group) Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥1,884 Mil. Chongqing Taiji Industry (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥2,012 Mil. Hence, Chongqing Taiji Industry (Group) Co's Days Payable for the three months ended in Mar. 2025 was 85.45.

The historical rank and industry rank for Chongqing Taiji Industry (Group) Co's Days Payable or its related term are showing as below:

SHSE:600129' s Days Payable Range Over the Past 10 Years
Min: 96.17 Med: 159.82 Max: 212.82
Current: 98.45

During the past 13 years, Chongqing Taiji Industry (Group) Co's highest Days Payable was 212.82. The lowest was 96.17. And the median was 159.82.

SHSE:600129's Days Payable is ranked better than
56.84% of 936 companies
in the Drug Manufacturers industry
Industry Median: 87.515 vs SHSE:600129: 98.45

Chongqing Taiji Industry (Group) Co's Days Payable declined from Mar. 2024 (93.03) to Mar. 2025 (85.45). It may suggest that Chongqing Taiji Industry (Group) Co accelerated paying its suppliers.

Chongqing Taiji Industry (Group) Co Days Payable Historical Data

The historical data trend for Chongqing Taiji Industry (Group) 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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Chongqing Taiji Industry (Group) Co Days Payable Chart

Chongqing Taiji Industry (Group) Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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201.09

157.71

107.63

96.17

96.69

Chongqing Taiji Industry (Group) 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															93.03	105.26	88.11	106.19	85.45

Competitive Comparison of Chongqing Taiji Industry (Group) Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Chongqing Taiji Industry (Group) 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.

Chongqing Taiji Industry (Group) Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Chongqing Taiji Industry (Group) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chongqing Taiji Industry (Group) Co's Days Payable falls into.

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Chongqing Taiji Industry (Group) 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.

Chongqing Taiji Industry (Group) 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
=	( (2129.928	+	1851.968)	/	2 )	/	7515.801	*	365
=	1990.948					/	7515.801	*	365
=	96.69

Chongqing Taiji Industry (Group) 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
=	( (1851.968	+	1915.968)	/	2 )	/	2011.741	*	365 / 4
=	1883.968					/	2011.741	*	365 / 4
=	85.45

Chongqing Taiji Industry (Group) Co Days Payable Related Terms

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Chongqing Taiji Industry (Group) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Chongqing Taiji Industry (Group) Co Ltd (SHSE:600129) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 18, Hengshan East Road, Yubei District, Chongqing, CHN, 401123

Website

http://www.taiji.com

Chongqing Taiji Industry (Group) Co Ltd is a China-based company engaged in the production and sales of Chinese and Western medicines. It is also engaged in the cultivation of medicinal herbs. Its products mainly include capsules, syrup, oral liquid, lyophilized series, tablets, infusion series, and injections. The company mainly conducts its business in domestic and overseas markets.

Executives

Zhu Ming Xi	Director
Xu Wei Guo	Supervisors

Chongqing Taiji Industry (Group) Co Headlines

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