Shanghai Serum Bio Technology Co (SHSE:688163) Days Payable : 27.11 (As of Mar. 2025)

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What is Shanghai Serum Bio Technology Co Days Payable?

Shanghai Serum Bio Technology Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥1.9 Mil. Shanghai Serum Bio Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥6.5 Mil. Hence, Shanghai Serum Bio Technology Co's Days Payable for the three months ended in Mar. 2025 was 27.11.

The historical rank and industry rank for Shanghai Serum Bio Technology Co's Days Payable or its related term are showing as below:

SHSE:688163' s Days Payable Range Over the Past 10 Years
Min: 20.11 Med: 33.82 Max: 74.47
Current: 20.11

During the past 12 years, Shanghai Serum Bio Technology Co's highest Days Payable was 74.47. The lowest was 20.11. And the median was 33.82.

SHSE:688163's Days Payable is ranked worse than
89.24% of 706 companies
in the Biotechnology industry
Industry Median: 116.445 vs SHSE:688163: 20.11

Shanghai Serum Bio Technology Co's Days Payable declined from Mar. 2024 (42.76) to Mar. 2025 (27.11). It may suggest that Shanghai Serum Bio Technology Co accelerated paying its suppliers.

Shanghai Serum Bio Technology Co Days Payable Historical Data

The historical data trend for Shanghai Serum Bio Technology 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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Shanghai Serum Bio Technology Co Days Payable Chart

Shanghai Serum Bio Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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27.46

24.63

43.55

31.26

21.11

Shanghai Serum Bio Technology 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															42.76	16.64	14.20	24.95	27.11

Competitive Comparison of Shanghai Serum Bio Technology Co's Days Payable

For the Biotechnology subindustry, Shanghai Serum Bio Technology 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.

Shanghai Serum Bio Technology Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shanghai Serum Bio Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Serum Bio Technology Co's Days Payable falls into.

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Shanghai Serum Bio Technology 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.

Shanghai Serum Bio Technology 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
=	( (3.636	+	1.312)	/	2 )	/	42.771	*	365
=	2.474					/	42.771	*	365
=	21.11

Shanghai Serum Bio Technology 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
=	( (1.312	+	2.521)	/	2 )	/	6.45	*	365 / 4
=	1.9165					/	6.45	*	365 / 4
=	27.11

Shanghai Serum Bio Technology Co Days Payable Related Terms

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Shanghai Serum Bio Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Shanghai Serum Bio Technology Co Ltd (SHSE:688163) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1288, Huaqing Road, Qingpu District, Shanghai, CHN, 201707

Website

http://www.serum-china.com.cn

Shanghai Serum Bio Technology Co Ltd is engaged in the research, development, production and sales of preventive and therapeutic drugs in the field of biotoxins and biosafety.

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