Harbin Pharmaceutical Group Co (SHSE:600664) Days Payable : 119.59 (As of Mar. 2024)

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What is Harbin Pharmaceutical Group Co Days Payable?

Harbin Pharmaceutical Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥3,887 Mil. Harbin Pharmaceutical Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,966 Mil. Hence, Harbin Pharmaceutical Group Co's Days Payable for the three months ended in Mar. 2024 was 119.59.

The historical rank and industry rank for Harbin Pharmaceutical Group Co's Days Payable or its related term are showing as below:

SHSE:600664' s Days Payable Range Over the Past 10 Years
Min: 119.38 Med: 136.36 Max: 159.79
Current: 123.06

During the past 13 years, Harbin Pharmaceutical Group Co's highest Days Payable was 159.79. The lowest was 119.38. And the median was 136.36.

SHSE:600664's Days Payable is ranked better than
66.53% of 971 companies
in the Drug Manufacturers industry
Industry Median: 89.17 vs SHSE:600664: 123.06

Harbin Pharmaceutical Group Co's Days Payable increased from Mar. 2023 (111.53) to Mar. 2024 (119.59). It may suggest that Harbin Pharmaceutical Group Co delayed paying its suppliers.

Harbin Pharmaceutical Group Co Days Payable Historical Data

The historical data trend for Harbin Pharmaceutical 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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Harbin Pharmaceutical Group Co Days Payable Chart

Harbin Pharmaceutical Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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139.09

159.79

133.62

122.67

119.38

Harbin Pharmaceutical Group 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															111.53	122.91	127.24	125.77	119.59

Competitive Comparison of Harbin Pharmaceutical Group Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Harbin Pharmaceutical 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.

Harbin Pharmaceutical Group Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Harbin Pharmaceutical Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Harbin Pharmaceutical Group Co's Days Payable falls into.

Harbin Pharmaceutical 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.

Harbin Pharmaceutical Group 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
=	( (3509.947	+	3950.622)	/	2 )	/	11404.77	*	365
=	3730.2845					/	11404.77	*	365
=	119.38

Harbin Pharmaceutical Group 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
=	( (3950.622	+	3822.657)	/	2 )	/	2965.588	*	365 / 4
=	3886.6395					/	2965.588	*	365 / 4
=	119.59

Harbin Pharmaceutical Group Co Days Payable Related Terms

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Harbin Pharmaceutical Group Co (SHSE:600664) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Harbin Pharmaceutical Group Co Ltd (SHSE:600664) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Xi'an Street West, People 's Development Zone Baoan Road South, Heilongjiang Province, Harbin, CHN, 150018

Website

http://www.hayao.com

Harbin Pharmaceutical Group Co Ltd is engaged in manufacturing, trading and research and development of pharmaceuticals. The company is organized into seven business segments - Antibiotics, Small-Molecular drug preparations, OTC and healthcare products, Modern Chinese medicines, Biopharmaceuticals, Animal vaccines, and medicine circulations. The company sells its products across China and fifty other countries. Some of its brands are - Hayao, Sanjing, Gaizhonggai, Hutong, and Shiyitang.

Executives

Lin Guo Ren	senior management
Wang Hai Sheng	senior management
Liu Bo	senior management
Meng Xiao Dong	senior management
Xu Hai Ying	Directors, senior managers
Liang Chen	senior management
Wang Peng Hao	senior management
Xiao Qiang	senior management
Wei Shuang Ying	senior management
Zhou Xing	senior management
Bian Ke	Supervisors
Sha Mei	senior management
Jian Shi Hui Zhu Xi	Supervisors
Wang Zhi Fu	Supervisors
Jiang Lu	Director

Harbin Pharmaceutical Group Co (SHSE:600664) Headlines

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