Hunan Jingfeng Pharmaceutical Co (SZSE:000908) Days Payable : 423.75 (As of Mar. 2024)

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What is Hunan Jingfeng Pharmaceutical Co Days Payable?

Hunan Jingfeng Pharmaceutical Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥157.2 Mil. Hunan Jingfeng Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥33.8 Mil. Hence, Hunan Jingfeng Pharmaceutical Co's Days Payable for the three months ended in Mar. 2024 was 423.75.

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

SZSE:000908' s Days Payable Range Over the Past 10 Years
Min: 74.44 Med: 109.72 Max: 282.8
Current: 279.22

During the past 13 years, Hunan Jingfeng Pharmaceutical Co's highest Days Payable was 282.80. The lowest was 74.44. And the median was 109.72.

SZSE:000908's Days Payable is ranked better than
88.17% of 972 companies
in the Drug Manufacturers industry
Industry Median: 89.36 vs SZSE:000908: 279.22

Hunan Jingfeng Pharmaceutical Co's Days Payable increased from Mar. 2023 (314.66) to Mar. 2024 (423.75). It may suggest that Hunan Jingfeng Pharmaceutical Co delayed paying its suppliers.

Hunan Jingfeng Pharmaceutical Co Days Payable Historical Data

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

Hunan Jingfeng Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

129.82

214.28

183.49

239.43

282.80

Hunan Jingfeng Pharmaceutical Co 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															314.66	264.16	213.11	238.10	423.75

Competitive Comparison of Hunan Jingfeng Pharmaceutical Co's Days Payable

For the Drug Manufacturers - General subindustry, Hunan Jingfeng 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 Jingfeng Pharmaceutical Co's Days Payable Distribution in the Drug Manufacturers Industry

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

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

Hunan Jingfeng 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 Jingfeng 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
=	( (138.543	+	148.936)	/	2 )	/	185.519	*	365
=	143.7395					/	185.519	*	365
=	282.80

Hunan Jingfeng 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
=	( (148.936	+	165.388)	/	2 )	/	33.843	*	365 / 4
=	157.162					/	33.843	*	365 / 4
=	423.75

Hunan Jingfeng Pharmaceutical Co Days Payable Related Terms

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Hunan Jingfeng Pharmaceutical Co (SZSE:000908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hunan Jingfeng Pharmaceutical Co Ltd (SZSE:000908) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Zhangyang Road, Pudong New District, 30th Floor, China Resources Times Square, Shanghai, CHN

Website

http://www.jfyiyao.com

Hunan Jingfeng Pharmaceutical Co Ltd is engaged in the manufacturing of pharmaceutical products in China. The company offers Chemical medicine, Biological medicine, and Traditional Chinese medicine. Some of its products include Lemai Wan, Analgesic, Fuping Capsules, and Tongdi Capsules among others.

Executives

Zhou Shen Dong	Supervisors
Ye Xiang Wu	Directors, executives
Ma Xian Peng	Executives
Cong Shu Fen	Executives
Zhang Jun Guo	Executives
Jian Wei Guang	Directors, executives
Bi Yuan	Secretary, Director
Ou Yang Yan Li	Secretary, Director
Luo Li	Director
Luo Bin	Director
Li Tong	Directors, executives
Wei Ze Chun	Director
Tang Zhi	Executives
Ou Yang Chun Bao	Executives
Mao Hui	Executives

Hunan Jingfeng Pharmaceutical Co (SZSE:000908) Headlines

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