Suzhou Zelgen Biopharmaceuticals Co (SHSE:688266) Days Payable : 1,658.96 (As of Mar. 2024)

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What is Suzhou Zelgen Biopharmaceuticals Co Days Payable?

Suzhou Zelgen Biopharmaceuticals Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥130.0 Mil. Suzhou Zelgen Biopharmaceuticals Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥7.1 Mil. Hence, Suzhou Zelgen Biopharmaceuticals Co's Days Payable for the three months ended in Mar. 2024 was 1,658.96.

The historical rank and industry rank for Suzhou Zelgen Biopharmaceuticals Co's Days Payable or its related term are showing as below:

SHSE:688266' s Days Payable Range Over the Past 10 Years
Min: 1545.55 Med: 13108.53 Max: 775559.82
Current: 1545.55

During the past 8 years, Suzhou Zelgen Biopharmaceuticals Co's highest Days Payable was 775559.82. The lowest was 1545.55. And the median was 13108.53.

SHSE:688266's Days Payable is ranked better than
87.38% of 721 companies
in the Biotechnology industry
Industry Median: 148.78 vs SHSE:688266: 1545.55

Suzhou Zelgen Biopharmaceuticals Co's Days Payable increased from Mar. 2023 (1,622.90) to Mar. 2024 (1,658.96). It may suggest that Suzhou Zelgen Biopharmaceuticals Co delayed paying its suppliers.

Suzhou Zelgen Biopharmaceuticals Co Days Payable Historical Data

The historical data trend for Suzhou Zelgen Biopharmaceuticals 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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Suzhou Zelgen Biopharmaceuticals Co Days Payable Chart

Suzhou Zelgen Biopharmaceuticals Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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775,559.82

5,331.71

1,882.92

1,808.36

Suzhou Zelgen Biopharmaceuticals Co Quarterly Data
	Jun19	Sep19	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															1,622.90	1,184.73	2,178.58	1,500.78	1,658.96

Competitive Comparison of Suzhou Zelgen Biopharmaceuticals Co's Days Payable

For the Biotechnology subindustry, Suzhou Zelgen Biopharmaceuticals 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.

Suzhou Zelgen Biopharmaceuticals Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Suzhou Zelgen Biopharmaceuticals Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Suzhou Zelgen Biopharmaceuticals Co's Days Payable falls into.

Suzhou Zelgen Biopharmaceuticals 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.

Suzhou Zelgen Biopharmaceuticals 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
=	( (151.721	+	137.735)	/	2 )	/	29.212	*	365
=	144.728					/	29.212	*	365
=	1,808.36

Suzhou Zelgen Biopharmaceuticals 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
=	( (137.735	+	122.208)	/	2 )	/	7.149	*	365 / 4
=	129.9715					/	7.149	*	365 / 4
=	1,658.96

Suzhou Zelgen Biopharmaceuticals Co Days Payable Related Terms

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Suzhou Zelgen Biopharmaceuticals Co (SHSE:688266) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Suzhou Zelgen Biopharmaceuticals Co Ltd (SHSE:688266) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.209 Chenfeng Road, Yushan Town, Jiangsu Province, Kunshan, CHN

Website

http://www.zelgen.com

Suzhou Zelgen Biopharmaceuticals Co Ltd is engaged in research and development of new chemical and biological drugs for various therapeutic areas, including tumors, bleeding and blood diseases, and hepatobiliary diseases.

Executives

Zhang Bin	Core technical personnel
Huang Gang	senior management
Lv Bin Hua	Directors, senior managers, core technical personn
Lu Hui Ping	Directors, senior managers
Gao Qing Ping	senior management
Wu Ji Sheng	Directors, senior managers, core technical personn
Zhang Jun Li	senior management
Wu Li Qing	Core technical personnel
	Core technical personnel
Sheng Ze Lin	Directors, senior managers, core technical personn

Suzhou Zelgen Biopharmaceuticals Co (SHSE:688266) Headlines

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