Sansure Biotech (SHSE:688289) Days Payable : 577.88 (As of Mar. 2024)

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What is Sansure Biotech Days Payable?

Sansure Biotech's average Accounts Payable for the three months ended in Mar. 2024 was ¥468 Mil. Sansure Biotech's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥74 Mil. Hence, Sansure Biotech's Days Payable for the three months ended in Mar. 2024 was 577.88.

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

SHSE:688289' s Days Payable Range Over the Past 10 Years
Min: 57.86 Med: 75.76 Max: 838.64
Current: 579.42

During the past 7 years, Sansure Biotech's highest Days Payable was 838.64. The lowest was 57.86. And the median was 75.76.

SHSE:688289's Days Payable is ranked better than
92.78% of 790 companies
in the Medical Devices & Instruments industry
Industry Median: 72.585 vs SHSE:688289: 579.42

Sansure Biotech's Days Payable declined from Mar. 2023 (981.81) to Mar. 2024 (577.88). It may suggest that Sansure Biotech accelerated paying its suppliers.

Sansure Biotech Days Payable Historical Data

The historical data trend for Sansure Biotech'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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Sansure Biotech Days Payable Chart

Sansure Biotech Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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111.55

57.86

75.76

72.17

838.64

Sansure Biotech 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															981.81	597.00	695.71	470.84	577.88

Competitive Comparison of Sansure Biotech's Days Payable

For the Medical Instruments & Supplies subindustry, Sansure Biotech'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.

Sansure Biotech's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sansure Biotech's Days Payable distribution charts can be found below:

* The bar in red indicates where Sansure Biotech's Days Payable falls into.

Sansure Biotech 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.

Sansure Biotech'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
=	( (791.414	+	525.783)	/	2 )	/	286.641	*	365
=	658.5985					/	286.641	*	365
=	838.64

Sansure Biotech'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
=	( (525.783	+	410.273)	/	2 )	/	73.904	*	365 / 4
=	468.028					/	73.904	*	365 / 4
=	577.88

Sansure Biotech Days Payable Related Terms

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Sansure Biotech (SHSE:688289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sansure Biotech Inc (SHSE:688289) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 680, Lusong Road, Changsha High-tech Industrial Development Zone, Hunan Province, Changsha, CHN, 410205

Website

http://www.sansure.com.cn

Sansure Biotech Inc is engaged in production and sales of diagnostic reagents and instruments. The company produces Class I medical devices, Class II medical devices, Class III medical devices, general instruments and meters, medical raw materials, medical laboratory equipment and appliances, and medical accessories.

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