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Topchoice Medical (SHSE:600763) Days Payable : 29.11 (As of Mar. 2025)


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What is Topchoice Medical Days Payable?

Topchoice Medical's average Accounts Payable for the three months ended in Mar. 2025 was ¥133 Mil. Topchoice Medical's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥415 Mil. Hence, Topchoice Medical's Days Payable for the three months ended in Mar. 2025 was 29.11.

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

SHSE:600763' s Days Payable Range Over the Past 10 Years
Min: 30.95   Med: 35.39   Max: 45.78
Current: 30.95

During the past 13 years, Topchoice Medical's highest Days Payable was 45.78. The lowest was 30.95. And the median was 35.39.

SHSE:600763's Days Payable is ranked worse than
75.08% of 602 companies
in the Healthcare Providers & Services industry
Industry Median: 58.52 vs SHSE:600763: 30.95

Topchoice Medical's Days Payable declined from Mar. 2024 (40.25) to Mar. 2025 (29.11). It may suggest that Topchoice Medical accelerated paying its suppliers.


Topchoice Medical Days Payable Historical Data

The historical data trend for Topchoice Medical'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.

* Premium members only.

Topchoice Medical Days Payable Chart

Topchoice Medical Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.07 41.53 35.62 33.77 33.04

Topchoice Medical 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.25 33.74 32.52 29.59 29.11

Competitive Comparison of Topchoice Medical's Days Payable

For the Medical Care Facilities subindustry, Topchoice Medical'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.


Topchoice Medical's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Topchoice Medical's Days Payable distribution charts can be found below:

* The bar in red indicates where Topchoice Medical's Days Payable falls into.


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Topchoice Medical 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.

Topchoice Medical'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
=( (183.3 + 136.651) / 2 ) / 1767.306*365
=159.9755 / 1767.306*365
=33.04

Topchoice Medical'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
=( (136.651 + 128.44) / 2 ) / 415.448*365 / 4
=132.5455 / 415.448*365 / 4
=29.11

* 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.


Topchoice Medical Days Payable Related Terms

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Topchoice Medical Business Description

Traded in Other Exchanges
N/A
Address
No. 21 Lingxi North Road, Building 5, Hesheng International Trade Center, Zhejiang Province, Hangzhou, CHN, 310023
Topchoice Medical Corp is engaged in providing medical services. The company operates as an integrated medical platform with several oral, health, and reproductive medical institutions.
Executives
Lv Jian Ming Director
Zhao Min Supervisors
Zhang Sen Quan Director
Zhang Jin Cai Director
Zhang Hong Director

Topchoice Medical Headlines

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