Chongqing Xishan Science and Technology Co (SHSE:688576) Days Payable : 326.13 (As of Mar. 2024)

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What is Chongqing Xishan Science and Technology Co Days Payable?

Chongqing Xishan Science and Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥77.6 Mil. Chongqing Xishan Science and Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥21.7 Mil. Hence, Chongqing Xishan Science and Technology Co's Days Payable for the three months ended in Mar. 2024 was 326.13.

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

SHSE:688576' s Days Payable Range Over the Past 10 Years
Min: 70.42 Med: 82.16 Max: 224.35
Current: 222.02

During the past 7 years, Chongqing Xishan Science and Technology Co's highest Days Payable was 224.35. The lowest was 70.42. And the median was 82.16.

SHSE:688576's Days Payable is ranked better than
83.52% of 783 companies
in the Medical Devices & Instruments industry
Industry Median: 72.46 vs SHSE:688576: 222.02

Chongqing Xishan Science and Technology Co's Days Payable increased from Mar. 2023 (213.91) to Mar. 2024 (326.13). It may suggest that Chongqing Xishan Science and Technology Co delayed paying its suppliers.

Chongqing Xishan Science and Technology Co Days Payable Historical Data

The historical data trend for Chongqing Xishan Science and 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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Chongqing Xishan Science and Technology Co Days Payable Chart

Chongqing Xishan Science and Technology Co Annual Data

Trend

Dec13

Dec14

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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70.42

81.03

82.16

142.68

224.35

Chongqing Xishan Science and Technology Co Quarterly Data
	Dec13	Dec14	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial										213.91	207.93	313.65	157.43	326.13

Competitive Comparison of Chongqing Xishan Science and Technology Co's Days Payable

For the Medical Instruments & Supplies subindustry, Chongqing Xishan Science and 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.

Chongqing Xishan Science and Technology Co's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Chongqing Xishan Science and Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chongqing Xishan Science and Technology Co's Days Payable falls into.

Chongqing Xishan Science and 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.

Chongqing Xishan Science and Technology 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
=	( (47.071	+	87.317)	/	2 )	/	109.32	*	365
=	67.194					/	109.32	*	365
=	224.35

Chongqing Xishan Science and Technology 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
=	( (87.317	+	67.959)	/	2 )	/	21.723	*	365 / 4
=	77.638					/	21.723	*	365 / 4
=	326.13

Chongqing Xishan Science and Technology Co Days Payable Related Terms

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Chongqing Xishan Science and Technology Co (SHSE:688576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Chongqing Xishan Science and Technology Co Ltd (SHSE:688576) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Middle Section of Huangshan Avenue, Jupiter Science and Technology Development Center, High-tech Park, North New District, Chongqing, CHN, 401121

Website

https://www.xishantech.com.cn

Chongqing Xishan Science and Technology Co Ltd focuses on surgical instruments, especially in the field of minimally invasive surgical instruments. It is mainly engaged in the research, development, production and sales of minimally invasive surgical instruments. Speculum, energy surgery equipment and other products, currently the products are mainly used in neurosurgery, ENT, orthopedics, breast surgery and other clinical departments. The company's main products are surgical power units, consumables and accessories, which are mainly used for cutting, grinding, planing, sawing, milling and trimming of bone tissue and soft tissue in surgical operations, especially minimally invasive surgical operations.

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