Nanjing Vazyme Biotech Co (SHSE:688105) Days Payable : 140.68 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Nanjing Vazyme Biotech Co Days Payable?

Nanjing Vazyme Biotech Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥135 Mil. Nanjing Vazyme Biotech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥87 Mil. Hence, Nanjing Vazyme Biotech Co's Days Payable for the three months ended in Mar. 2024 was 140.68.

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

SHSE:688105' s Days Payable Range Over the Past 10 Years
Min: 71.9 Med: 103.22 Max: 228.07
Current: 170.34

During the past 7 years, Nanjing Vazyme Biotech Co's highest Days Payable was 228.07. The lowest was 71.90. And the median was 103.22.

SHSE:688105's Days Payable is ranked better than
54.03% of 720 companies
in the Biotechnology industry
Industry Median: 148.53 vs SHSE:688105: 170.34

Nanjing Vazyme Biotech Co's Days Payable declined from Mar. 2023 (271.10) to Mar. 2024 (140.68). It may suggest that Nanjing Vazyme Biotech Co accelerated paying its suppliers.

Nanjing Vazyme Biotech Co Days Payable Historical Data

The historical data trend for Nanjing Vazyme Biotech 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.

* Premium members only.

Nanjing Vazyme Biotech Co Days Payable Chart

Nanjing Vazyme Biotech Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

128.95

103.22

92.25

71.90

228.07

Nanjing Vazyme Biotech Co Quarterly Data
	Dec17	Dec18	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															271.10	301.36	163.86	117.95	140.68

Competitive Comparison of Nanjing Vazyme Biotech Co's Days Payable

For the Biotechnology subindustry, Nanjing Vazyme Biotech 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.

Nanjing Vazyme Biotech Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Nanjing Vazyme Biotech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nanjing Vazyme Biotech Co's Days Payable falls into.

Nanjing Vazyme Biotech 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.

Nanjing Vazyme Biotech 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
=	( (318.783	+	146.816)	/	2 )	/	372.563	*	365
=	232.7995					/	372.563	*	365
=	228.07

Nanjing Vazyme Biotech 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
=	( (146.816	+	122.229)	/	2 )	/	87.255	*	365 / 4
=	134.5225					/	87.255	*	365 / 4
=	140.68

Nanjing Vazyme Biotech Co Days Payable Related Terms

Thank you for viewing the detailed overview of Nanjing Vazyme Biotech Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Nanjing Vazyme Biotech Co (SHSE:688105) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Nanjing Vazyme Biotech Co Ltd (SHSE:688105) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kechuang Road, Floor 1-6, East Section, Building C1-2, Hongfeng Science and Technology Park, Jiangsu, Economic and Technological Development Zone, Nanjing, CHN, 210000

Website

http://www.vazyme.com

Nanjing Vazyme Biotech Co Ltd is a biotechnology company. It is committed to research and development both in technology and products focusing on functional proteins, such as enzymes, antigens, antibodies, and polymer organic materials.

Nanjing Vazyme Biotech Co (SHSE:688105) Headlines

No Headlines