Guangzhou Kingmed Diagnostics Group Co (SHSE:603882) Days Payable : 157.74 (As of Mar. 2025)

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What is Guangzhou Kingmed Diagnostics Group Co Days Payable?

Guangzhou Kingmed Diagnostics Group Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥1,692 Mil. Guangzhou Kingmed Diagnostics Group Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥979 Mil. Hence, Guangzhou Kingmed Diagnostics Group Co's Days Payable for the three months ended in Mar. 2025 was 157.74.

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

SHSE:603882' s Days Payable Range Over the Past 10 Years
Min: 101.11 Med: 112.78 Max: 170.01
Current: 149.79

During the past 13 years, Guangzhou Kingmed Diagnostics Group Co's highest Days Payable was 170.01. The lowest was 101.11. And the median was 112.78.

SHSE:603882's Days Payable is ranked better than
72.59% of 197 companies
in the Medical Diagnostics & Research industry
Industry Median: 60.71 vs SHSE:603882: 149.79

Guangzhou Kingmed Diagnostics Group Co's Days Payable increased from Mar. 2024 (150.30) to Mar. 2025 (157.74). It may suggest that Guangzhou Kingmed Diagnostics Group Co delayed paying its suppliers.

Guangzhou Kingmed Diagnostics Group Co Days Payable Historical Data

The historical data trend for Guangzhou Kingmed Diagnostics 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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Guangzhou Kingmed Diagnostics Group Co Days Payable Chart

Guangzhou Kingmed Diagnostics Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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112.73

113.33

109.29

170.01

143.57

Guangzhou Kingmed Diagnostics 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															150.30	147.32	158.70	137.28	157.74

Competitive Comparison of Guangzhou Kingmed Diagnostics Group Co's Days Payable

For the Diagnostics & Research subindustry, Guangzhou Kingmed Diagnostics 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.

Guangzhou Kingmed Diagnostics Group Co's Days Payable Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Guangzhou Kingmed Diagnostics Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangzhou Kingmed Diagnostics Group Co's Days Payable falls into.

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Guangzhou Kingmed Diagnostics 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.

Guangzhou Kingmed Diagnostics 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
=	( (2065.125	+	1716.136)	/	2 )	/	4806.526	*	365
=	1890.6305					/	4806.526	*	365
=	143.57

Guangzhou Kingmed Diagnostics 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
=	( (1716.136	+	1668.436)	/	2 )	/	978.935	*	365 / 4
=	1692.286					/	978.935	*	365 / 4
=	157.74

Guangzhou Kingmed Diagnostics Group Co Days Payable Related Terms

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Guangzhou Kingmed Diagnostics Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Guangzhou Kingmed Diagnostics Group Co Ltd (SHSE:603882) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

International Biological Island spiral three on the 10th, Guangdong Province, Guangzhou, CHN, 510000

Website

http://www.kingmed.com.cn

Founded in 1994, KingMed is the largest independent clinical laboratory in China. It was listed on the Shanghai Stock Exchange in 2017. As of 2023, KingMed has 49 centralized labs and provides over 4000 test items. Over 90% of its total revenue comes from clinical diagnostics. Furthermore, KingMed has been actively investing in its cold chain logistics. Its service network covers the most intensely populated areas in China.

Executives

Hao Bi Xi	Directors, senior managers
Wang Ling Lai	Director
Yu Shi Hui	senior management
Liang Yao Ming	Director
Peng Yong Xiang	Director

Guangzhou Kingmed Diagnostics Group Co Headlines

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