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InventisBio Co (SHSE:688382) Days Payable : 1,473.76 (As of Mar. 2024)


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What is InventisBio Co Days Payable?

InventisBio Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥65.3 Mil. InventisBio Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥4.0 Mil. Hence, InventisBio Co's Days Payable for the three months ended in Mar. 2024 was 1,473.76.

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

SHSE:688382' s Days Payable Range Over the Past 10 Years
Min: 1057.74   Med: 1057.74   Max: 6415.1
Current: 6415.1

During the past 6 years, InventisBio Co's highest Days Payable was 6415.10. The lowest was 1057.74. And the median was 1057.74.

SHSE:688382's Days Payable is ranked better than
94.18% of 722 companies
in the Biotechnology industry
Industry Median: 148.53 vs SHSE:688382: 6415.10

InventisBio Co's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (1,473.76). It may suggest that InventisBio Co delayed paying its suppliers.


InventisBio Co Days Payable Historical Data

The historical data trend for InventisBio 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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InventisBio Co Days Payable Chart

InventisBio Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 1,057.74 - - - -

InventisBio Co Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 1,473.76

Competitive Comparison of InventisBio Co's Days Payable

For the Biotechnology subindustry, InventisBio 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.


InventisBio Co's Days Payable Distribution in the Biotechnology Industry

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

* The bar in red indicates where InventisBio Co's Days Payable falls into.



InventisBio 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.

InventisBio 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
=( (62.251 + 72.522) / 2 ) / 0*365
=67.3865 / 0*365
=N/A

InventisBio 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
=( (72.522 + 58.138) / 2 ) / 4.045*365 / 4
=65.33 / 4.045*365 / 4
=1,473.76

* 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.


InventisBio Co Days Payable Related Terms

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InventisBio Co (SHSE:688382) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Lane 67, Li Bing Road, Room 210, Pilot Free Trade Zone, Shanghai, CHN, 201203
InventisBio Co Ltd is an innovative drug research and development enterprise based in China with a global perspective, focusing on major diseases such as tumors and metabolic diseases. It has independently developed a series of innovative targeted drugs with patent protection, covering non-small cell lung cancer, breast cancer, colorectal cancer and other solid tumors, as well as hyperuricemia and metabolic diseases such as gout.

InventisBio Co (SHSE:688382) Headlines

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