Shanghai Shen Lian Biomedical (SHSE:688098) Days Payable : 12.22 (As of Sep. 2024)

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What is Shanghai Shen Lian Biomedical Days Payable?

Shanghai Shen Lian Biomedical's average Accounts Payable for the three months ended in Sep. 2024 was ¥5.9 Mil. Shanghai Shen Lian Biomedical's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥44.0 Mil. Hence, Shanghai Shen Lian Biomedical's Days Payable for the three months ended in Sep. 2024 was 12.22.

The historical rank and industry rank for Shanghai Shen Lian Biomedical's Days Payable or its related term are showing as below:

SHSE:688098' s Days Payable Range Over the Past 10 Years
Min: 19.36 Med: 37.17 Max: 52.5
Current: 22.89

During the past 11 years, Shanghai Shen Lian Biomedical's highest Days Payable was 52.50. The lowest was 19.36. And the median was 37.17.

SHSE:688098's Days Payable is ranked worse than
87.96% of 714 companies
in the Biotechnology industry
Industry Median: 127.14 vs SHSE:688098: 22.89

Shanghai Shen Lian Biomedical's Days Payable declined from Sep. 2023 (25.45) to Sep. 2024 (12.22). It may suggest that Shanghai Shen Lian Biomedical accelerated paying its suppliers.

Shanghai Shen Lian Biomedical Days Payable Historical Data

The historical data trend for Shanghai Shen Lian Biomedical'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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Shanghai Shen Lian Biomedical Days Payable Chart

Shanghai Shen Lian Biomedical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.13

34.74

39.59

45.28

29.06

Shanghai Shen Lian Biomedical 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															25.45	32.00	20.53	34.50	12.22

Competitive Comparison of Shanghai Shen Lian Biomedical's Days Payable

For the Biotechnology subindustry, Shanghai Shen Lian Biomedical'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.

Shanghai Shen Lian Biomedical's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shanghai Shen Lian Biomedical's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Shen Lian Biomedical's Days Payable falls into.

Shanghai Shen Lian Biomedical 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.

Shanghai Shen Lian Biomedical'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
=	( (8.86	+	5.144)	/	2 )	/	87.934	*	365
=	7.002					/	87.934	*	365
=	29.06

Shanghai Shen Lian Biomedical'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
=	( (3.504	+	8.273)	/	2 )	/	43.976	*	365 / 4
=	5.8885					/	43.976	*	365 / 4
=	12.22

Shanghai Shen Lian Biomedical Days Payable Related Terms

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Shanghai Shen Lian Biomedical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Shanghai Shen Lian Biomedical Corp (SHSE:688098) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 48, Jiangchuan East Road, Minhang District, Shanghai, CHN, 200241

Website

http://www.slbio.com.cn

Shanghai Shen Lian Biomedical Corp is engaged in the development, production and sales of veterinary biological products.

Executives

Ma Gui Jun	Core technical personnel
Gao Yan Chun	senior management

Shanghai Shen Lian Biomedical Headlines

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