Tecon Biology Co (SZSE:002100) Days Payable : 12.25 (As of Sep. 2024)

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What is Tecon Biology Co Days Payable?

Tecon Biology Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥596 Mil. Tecon Biology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥4,444 Mil. Hence, Tecon Biology Co's Days Payable for the three months ended in Sep. 2024 was 12.25.

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

SZSE:002100' s Days Payable Range Over the Past 10 Years
Min: 12.78 Med: 16.57 Max: 22.36
Current: 14.62

During the past 13 years, Tecon Biology Co's highest Days Payable was 22.36. The lowest was 12.78. And the median was 16.57.

SZSE:002100's Days Payable is ranked worse than
92.14% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.78 vs SZSE:002100: 14.62

Tecon Biology Co's Days Payable increased from Sep. 2023 (9.96) to Sep. 2024 (12.25). It may suggest that Tecon Biology Co delayed paying its suppliers.

Tecon Biology Co Days Payable Historical Data

The historical data trend for Tecon Biology 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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Tecon Biology Co Days Payable Chart

Tecon Biology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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14.76

16.59

12.78

12.87

12.93

Tecon Biology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															9.96	13.96	18.62	14.95	12.25

Competitive Comparison of Tecon Biology Co's Days Payable

For the Packaged Foods subindustry, Tecon Biology 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.

Tecon Biology Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tecon Biology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tecon Biology Co's Days Payable falls into.

Tecon Biology 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.

Tecon Biology 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
=	( (611.108	+	697.115)	/	2 )	/	18469.449	*	365
=	654.1115					/	18469.449	*	365
=	12.93

Tecon Biology Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (580.498	+	612.285)	/	2 )	/	4444.162	*	365 / 4
=	596.3915					/	4444.162	*	365 / 4
=	12.25

Tecon Biology Co Days Payable Related Terms

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Tecon Biology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tecon Biology Co Ltd (SZSE:002100) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

High-tech Zone in Changchun Road, 528 Tiankang Business Building, Xinjiang, Urumqi, CHN, 830011

Website

http://www.tcsw.com.cn

Tecon Biology Co Ltd is engaged in the production and sales of veterinary biological products and animal disease prevention, modern pig science breeding and breeding, feed research and development and production, and pig slaughtering and processing. The company mainly operates its businesses within domestic markets, with Xinjiang Province as its main market.

Executives

Wang Xiao	Supervisors
Pan Yi Ping	Executives
Xu Heng	Executives
Wu Xiang Yong	Director
Sun Wei Hong	Independent director
Wu Ming Qi	Executives
Wang Xin An	Director
Geng Li Xin	Directors, executives
Che Xin Hui	Supervisors

Tecon Biology Co Headlines

No Headlines