Hunan Warrant Pharmaceutical Co (SHSE:688799) Days Payable : 65.84 (As of Mar. 2024)

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What is Hunan Warrant Pharmaceutical Co Days Payable?

Hunan Warrant Pharmaceutical Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥96 Mil. Hunan Warrant Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥133 Mil. Hence, Hunan Warrant Pharmaceutical Co's Days Payable for the three months ended in Mar. 2024 was 65.84.

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

SHSE:688799' s Days Payable Range Over the Past 10 Years
Min: 58.1 Med: 77.72 Max: 142
Current: 64.25

During the past 10 years, Hunan Warrant Pharmaceutical Co's highest Days Payable was 142.00. The lowest was 58.10. And the median was 77.72.

SHSE:688799's Days Payable is ranked worse than
63.65% of 971 companies
in the Drug Manufacturers industry
Industry Median: 88.69 vs SHSE:688799: 64.25

Hunan Warrant Pharmaceutical Co's Days Payable increased from Mar. 2023 (51.94) to Mar. 2024 (65.84). It may suggest that Hunan Warrant Pharmaceutical Co delayed paying its suppliers.

Hunan Warrant Pharmaceutical Co Days Payable Historical Data

The historical data trend for Hunan Warrant Pharmaceutical 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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Hunan Warrant Pharmaceutical Co Days Payable Chart

Hunan Warrant Pharmaceutical Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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73.07

72.26

66.47

58.10

Hunan Warrant Pharmaceutical Co Quarterly Data
	Dec18	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															51.94	67.60	67.78	52.46	65.84

Competitive Comparison of Hunan Warrant Pharmaceutical Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Hunan Warrant Pharmaceutical 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.

Hunan Warrant Pharmaceutical Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hunan Warrant Pharmaceutical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hunan Warrant Pharmaceutical Co's Days Payable falls into.

Hunan Warrant Pharmaceutical 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.

Hunan Warrant Pharmaceutical 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
=	( (71.127	+	89.499)	/	2 )	/	504.553	*	365
=	80.313					/	504.553	*	365
=	58.10

Hunan Warrant Pharmaceutical 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
=	( (89.499	+	102.622)	/	2 )	/	133.124	*	365 / 4
=	96.0605					/	133.124	*	365 / 4
=	65.84

Hunan Warrant Pharmaceutical Co Days Payable Related Terms

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Hunan Warrant Pharmaceutical Co (SHSE:688799) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hunan Warrant Pharmaceutical Co Ltd (SHSE:688799) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Liuyang Biomedical Park, Hunan Province, Changsha, CHN, 410331

Website

http://www.warrant.com.cn

Hunan Warrant Pharmaceutical Co Ltd is a pharmaceutical manufacturer. It is engaged in the research and development, production and sales of chemical raw materials, chemical medicine preparations and Chinese medicine preparations.

Executives

Jin Yan

Supervisors

Hunan Warrant Pharmaceutical Co (SHSE:688799) Headlines

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