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Bloomage BioTechnology (SHSE:688363) Days Payable : 224.13 (As of Sep. 2024)


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What is Bloomage BioTechnology Days Payable?

Bloomage BioTechnology's average Accounts Payable for the three months ended in Sep. 2024 was ¥722 Mil. Bloomage BioTechnology's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥294 Mil. Hence, Bloomage BioTechnology's Days Payable for the three months ended in Sep. 2024 was 224.13.

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

SHSE:688363' s Days Payable Range Over the Past 10 Years
Min: 74.4   Med: 135.61   Max: 191.96
Current: 158.71

During the past 8 years, Bloomage BioTechnology's highest Days Payable was 191.96. The lowest was 74.40. And the median was 135.61.

SHSE:688363's Days Payable is ranked better than
89.55% of 1503 companies
in the Chemicals industry
Industry Median: 60.18 vs SHSE:688363: 158.71

Bloomage BioTechnology's Days Payable increased from Sep. 2023 (170.23) to Sep. 2024 (224.13). It may suggest that Bloomage BioTechnology delayed paying its suppliers.


Bloomage BioTechnology Days Payable Historical Data

The historical data trend for Bloomage BioTechnology'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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Bloomage BioTechnology Days Payable Chart

Bloomage BioTechnology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 74.40 108.85 149.27 191.96 174.41

Bloomage BioTechnology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 170.23 120.96 168.89 139.18 224.13

Competitive Comparison of Bloomage BioTechnology's Days Payable

For the Specialty Chemicals subindustry, Bloomage BioTechnology'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.


Bloomage BioTechnology's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bloomage BioTechnology's Days Payable distribution charts can be found below:

* The bar in red indicates where Bloomage BioTechnology's Days Payable falls into.



Bloomage BioTechnology 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.

Bloomage BioTechnology'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
=( (848.339 + 700.812) / 2 ) / 1621.028*365
=774.5755 / 1621.028*365
=174.41

Bloomage BioTechnology's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (656.407 + 787.399) / 2 ) / 293.906*365 / 4
=721.903 / 293.906*365 / 4
=224.13

* 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.


Bloomage BioTechnology Days Payable Related Terms

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Bloomage BioTechnology Business Description

Traded in Other Exchanges
N/A
Address
No. 678 Tianchen Avenue, High-Tech Development Zone, Shandong Province, Jinan City, CHN
Bloomage BioTechnology Corp Ltd manufactures and sells a variety of chemicals and chemical-based products, typically made from hyaluronic acid sodium, or HA. The firm organizes itself into two segments based on product type. The HA raw materials segment, which generates the majority of revenue, sells HA and HA derivatives produced using bio-fermentation technology. The HA raw materials segment products are classified into three grades of HA: medicine grade, cosmetic grade, and food grade. The HA end products segment sells medical skin care products, bone products for intra-articular injection, and medical beauty devices. The majority of revenue comes from China.
Executives
Zhao Yi Core technical personnel
Luan Yi Hong Core technical personnel
Shi Yan Li Core technical personnel
Liu Jian Jian Core technical personnel
Wang Yu Ling Core technical personnel
Zhou Wei Core technical personnel
Huang Si Ling Core technical personnel
Han Hong Ling Core technical personnel
Lu Zhen Core technical personnel

Bloomage BioTechnology Headlines

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