Liaoning Chengda Co (SHSE:600739) Days Payable : 20.86 (As of Sep. 2024)

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What is Liaoning Chengda Co Days Payable?

Liaoning Chengda Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥577 Mil. Liaoning Chengda Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥2,525 Mil. Hence, Liaoning Chengda Co's Days Payable for the three months ended in Sep. 2024 was 20.86.

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

SHSE:600739' s Days Payable Range Over the Past 10 Years
Min: 18.71 Med: 30.24 Max: 77.76
Current: 22.91

During the past 13 years, Liaoning Chengda Co's highest Days Payable was 77.76. The lowest was 18.71. And the median was 30.24.

SHSE:600739's Days Payable is ranked worse than
95.19% of 104 companies
in the Medical Distribution industry
Industry Median: 76.34 vs SHSE:600739: 22.91

Liaoning Chengda Co's Days Payable declined from Sep. 2023 (28.09) to Sep. 2024 (20.86). It may suggest that Liaoning Chengda Co accelerated paying its suppliers.

Liaoning Chengda Co Days Payable Historical Data

The historical data trend for Liaoning Chengda 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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Liaoning Chengda Co Days Payable Chart

Liaoning Chengda Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

31.56

28.91

18.71

25.05

27.71

Liaoning Chengda Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															28.09	24.20	24.95	20.04	20.86

Competitive Comparison of Liaoning Chengda Co's Days Payable

For the Medical Distribution subindustry, Liaoning Chengda 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.

Liaoning Chengda Co's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Liaoning Chengda Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Liaoning Chengda Co's Days Payable falls into.

Liaoning Chengda 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.

Liaoning Chengda 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
=	( (720.694	+	632.155)	/	2 )	/	8910.794	*	365
=	676.4245					/	8910.794	*	365
=	27.71

Liaoning Chengda Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (561.205	+	593.407)	/	2 )	/	2524.926	*	365 / 4
=	577.306					/	2524.926	*	365 / 4
=	20.86

Liaoning Chengda Co Days Payable Related Terms

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Liaoning Chengda Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Liaoning Chengda Co Ltd (SHSE:600739) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 71 Renmin Road, Zhongshan District, Dalian, Liaoning, CHN, 116001

Website

http://www.chengda.com.cn

Liaoning Chengda Co Ltd is engaged in the business of pharmaceutical and medical, domestic and foreign trade, financial investment, and energy development. The trading division is engaged in the trading of textiles and clothing, steel, wood, and aquatic products. The company is also involved in securities, insurance, and fund business through its financial investment division.

Executives

Ge Yu	Directors, senior managers
Yu Zhan Yang	Supervisors
Wang Bin	senior management
Zhu Hao	senior management
Zhang Shan Wei	Directors, senior managers
Li Hang	senior management
Shang Shu Zhi	Director
Pei Shao Hui	senior management
Wang Yu Hui	Director
He Yu Ting	Supervisors
Quan Long Xi	senior management
Cao Jing Yun	senior management
Zhang Zhi Fan	senior management
Li Ning	Director
Wu Li Qun	senior management

Liaoning Chengda Co Headlines

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