Jinling Pharmaceutical Co (SZSE:000919) Days Payable : 72.37 (As of Mar. 2024)

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What is Jinling Pharmaceutical Co Days Payable?

Jinling Pharmaceutical Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥457 Mil. Jinling Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥577 Mil. Hence, Jinling Pharmaceutical Co's Days Payable for the three months ended in Mar. 2024 was 72.37.

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

SZSE:000919' s Days Payable Range Over the Past 10 Years
Min: 47.67 Med: 55.64 Max: 79.5
Current: 73.76

During the past 13 years, Jinling Pharmaceutical Co's highest Days Payable was 79.50. The lowest was 47.67. And the median was 55.64.

SZSE:000919's Days Payable is ranked worse than
58.58% of 973 companies
in the Drug Manufacturers industry
Industry Median: 88.69 vs SZSE:000919: 73.76

Jinling Pharmaceutical Co's Days Payable declined from Mar. 2023 (73.67) to Mar. 2024 (72.37). It may suggest that Jinling Pharmaceutical Co accelerated paying its suppliers.

Jinling Pharmaceutical Co Days Payable Historical Data

The historical data trend for Jinling 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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Jinling Pharmaceutical Co Days Payable Chart

Jinling Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

54.36

75.36

79.17

79.50

73.48

Jinling 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															73.67	70.26	76.02	73.70	72.37

Competitive Comparison of Jinling Pharmaceutical Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Jinling 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.

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

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

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

Jinling 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.

Jinling 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
=	( (454.04	+	431.598)	/	2 )	/	2199.625	*	365
=	442.819					/	2199.625	*	365
=	73.48

Jinling 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
=	( (431.598	+	483.093)	/	2 )	/	576.635	*	365 / 4
=	457.3455					/	576.635	*	365 / 4
=	72.37

Jinling Pharmaceutical Co Days Payable Related Terms

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Jinling Pharmaceutical Co (SZSE:000919) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Jinling Pharmaceutical Co Ltd (SZSE:000919) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 238 Zhongyang Road, Jinling Pharmaceutical Building, Nanjing, Jiangsu, CHN, 210009

Website

http://www.jlyy000919.com

Jinling Pharmaceutical Co Ltd is a China-based pharmaceutical company.

Executives

Fan Jin Tian	Director
Jia Ming Yi	Executives
Li Quan	Executives
Chen Sheng	Executives
Xu Jun Yang	Secretary Dong
Wang Yang	Executives
Yin Jian Biao	Executives
Li Jian	Executives
Liang Yu Tang	Directors, executives
Zhang Ning	Executives
Li Chun Min	Director
Sui Li Cheng	Executives
Tang Wei Guo	Directors, executives
Wang Suo Jin	Executives
Shen Zhi Long	Director

Jinling Pharmaceutical Co (SZSE:000919) Headlines

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