Hualan Biological Engineering (SZSE:002007) Days Payable : 57.71 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Hualan Biological Engineering Days Payable?

Hualan Biological Engineering's average Accounts Payable for the three months ended in Mar. 2024 was ¥221 Mil. Hualan Biological Engineering's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥349 Mil. Hence, Hualan Biological Engineering's Days Payable for the three months ended in Mar. 2024 was 57.71.

The historical rank and industry rank for Hualan Biological Engineering's Days Payable or its related term are showing as below:

SZSE:002007' s Days Payable Range Over the Past 10 Years
Min: 18.31 Med: 28.57 Max: 53.1
Current: 47.36

During the past 13 years, Hualan Biological Engineering's highest Days Payable was 53.10. The lowest was 18.31. And the median was 28.57.

SZSE:002007's Days Payable is ranked worse than
74.23% of 718 companies
in the Biotechnology industry
Industry Median: 152.29 vs SZSE:002007: 47.36

Hualan Biological Engineering's Days Payable increased from Mar. 2023 (54.44) to Mar. 2024 (57.71). It may suggest that Hualan Biological Engineering delayed paying its suppliers.

Hualan Biological Engineering Days Payable Historical Data

The historical data trend for Hualan Biological Engineering'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.

* Premium members only.

Hualan Biological Engineering Days Payable Chart

Hualan Biological Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

18.31

30.23

53.10

49.59

41.88

Hualan Biological Engineering 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															54.44	61.33	34.51	42.14	57.71

Competitive Comparison of Hualan Biological Engineering's Days Payable

For the Biotechnology subindustry, Hualan Biological Engineering'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.

Hualan Biological Engineering's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Hualan Biological Engineering's Days Payable distribution charts can be found below:

* The bar in red indicates where Hualan Biological Engineering's Days Payable falls into.

Hualan Biological Engineering 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.

Hualan Biological Engineering'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
=	( (175.488	+	197.263)	/	2 )	/	1624.479	*	365
=	186.3755					/	1624.479	*	365
=	41.88

Hualan Biological Engineering'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
=	( (197.263	+	244.123)	/	2 )	/	348.95	*	365 / 4
=	220.693					/	348.95	*	365 / 4
=	57.71

Hualan Biological Engineering Days Payable Related Terms

Thank you for viewing the detailed overview of Hualan Biological Engineering's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hualan Biological Engineering (SZSE:002007) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Hualan Biological Engineering Inc (SZSE:002007) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. A1 Hualan Avenue, Henan Province, Xinxiang, CHN, 453003

Website

http://www.hualanbio.com

Hualan Biological Engineering Inc is a China-based biopharmaceutical company. It is engaged in the research, development, production, and commercialization of plasma products, viral vaccines, bacterial vaccines, and recombinant proteins and other biologics. The plasma products offered by the company include Human albumin, Human fibrinogen, Human tetanus immunoglobulin and others. The vaccines products include Recombinant hepatitis B vaccine, Inactivated influenza vaccine and other. It also offers gene products such as Monoclonal Antibody for tumor, autoimmune diseases, infectious diseases, transplant rejection, and Recombinant monoclonal antibodies.

Hualan Biological Engineering (SZSE:002007) Headlines

No Headlines