Innovita Biological Technology Co (SHSE:688253) Days Payable : 254.09 (As of Mar. 2025)

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What is Innovita Biological Technology Co Days Payable?

Innovita Biological Technology Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥97.3 Mil. Innovita Biological Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥34.9 Mil. Hence, Innovita Biological Technology Co's Days Payable for the three months ended in Mar. 2025 was 254.09.

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

SHSE:688253' s Days Payable Range Over the Past 10 Years
Min: 95.27 Med: 214.81 Max: 235.69
Current: 229.85

During the past 7 years, Innovita Biological Technology Co's highest Days Payable was 235.69. The lowest was 95.27. And the median was 214.81.

SHSE:688253's Days Payable is ranked better than
65.16% of 706 companies
in the Biotechnology industry
Industry Median: 116.445 vs SHSE:688253: 229.85

Innovita Biological Technology Co's Days Payable increased from Mar. 2024 (126.76) to Mar. 2025 (254.09). It may suggest that Innovita Biological Technology Co delayed paying its suppliers.

Innovita Biological Technology Co Days Payable Historical Data

The historical data trend for Innovita Biological 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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Innovita Biological Technology Co Days Payable Chart

Innovita Biological Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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95.27

142.17

97.65

214.81

228.29

Innovita Biological Technology Co Quarterly Data
	Dec19	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															126.76	165.49	195.45	256.42	254.09

Competitive Comparison of Innovita Biological Technology Co's Days Payable

For the Biotechnology subindustry, Innovita Biological 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.

Innovita Biological Technology Co's Days Payable Distribution in the Biotechnology Industry

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

* The bar in red indicates where Innovita Biological Technology Co's Days Payable falls into.

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Innovita Biological 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.

Innovita Biological 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
=	( (63.567	+	90.927)	/	2 )	/	123.506	*	365
=	77.247					/	123.506	*	365
=	228.29

Innovita Biological 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
=	( (90.927	+	103.627)	/	2 )	/	34.935	*	365 / 4
=	97.277					/	34.935	*	365 / 4
=	254.09

Innovita Biological Technology Co Days Payable Related Terms

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Innovita Biological Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Innovita Biological Technology Co Ltd (SHSE:688253) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Courtyard, Haiying Road, 1st Floor, 2nd Floor, Building 6, Fengtai District, Beijing, CHN, 100071

Website

https://www.innovita.com.cn

Innovita Biological Technology Co Ltd is a biotechnology company focusing on the research and development, production and sales of POCT in vitro diagnostic products.

Executives

Chen Fu Kang	senior management
Zhang Xiao Gang	Directors, senior managers
Zhang Xiu Jie	Directors, senior managers
Chen Ting You	Director, core technical staff
Wang Heng Qiang	Core technical personnel
Zhao Xiu Juan	Directors, senior managers
Ding Zhi	Core technical personnel

Innovita Biological Technology Co Headlines

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