Hunan Hansen Pharmaceutical Co (SZSE:002412) Days Payable : 48.15 (As of Sep. 2024)

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What is Hunan Hansen Pharmaceutical Co Days Payable?

Hunan Hansen Pharmaceutical Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥26.7 Mil. Hunan Hansen Pharmaceutical Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥50.6 Mil. Hence, Hunan Hansen Pharmaceutical Co's Days Payable for the three months ended in Sep. 2024 was 48.15.

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

SZSE:002412' s Days Payable Range Over the Past 10 Years
Min: 46.36 Med: 68.94 Max: 122.41
Current: 46.36

During the past 13 years, Hunan Hansen Pharmaceutical Co's highest Days Payable was 122.41. The lowest was 46.36. And the median was 68.94.

SZSE:002412's Days Payable is ranked worse than
77.24% of 949 companies
in the Drug Manufacturers industry
Industry Median: 86.4 vs SZSE:002412: 46.36

Hunan Hansen Pharmaceutical Co's Days Payable declined from Sep. 2023 (49.99) to Sep. 2024 (48.15). It may suggest that Hunan Hansen Pharmaceutical Co accelerated paying its suppliers.

Hunan Hansen Pharmaceutical Co Days Payable Historical Data

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

Hunan Hansen Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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78.53

72.42

66.48

67.80

60.43

Hunan Hansen Pharmaceutical 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															49.99	47.09	49.02	47.80	48.15

Competitive Comparison of Hunan Hansen Pharmaceutical Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Hunan Hansen 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 Hansen Pharmaceutical Co's Days Payable Distribution in the Drug Manufacturers Industry

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

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

Hunan Hansen 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 Hansen 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
=	( (43.631	+	41.105)	/	2 )	/	255.894	*	365
=	42.368					/	255.894	*	365
=	60.43

Hunan Hansen Pharmaceutical 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
=	( (30.027	+	23.343)	/	2 )	/	50.572	*	365 / 4
=	26.685					/	50.572	*	365 / 4
=	48.15

Hunan Hansen Pharmaceutical Co Days Payable Related Terms

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Hunan Hansen Pharmaceutical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hunan Hansen Pharmaceutical Co Ltd (SZSE:002412) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Silver City Road, Long Ridge Industrial Park, Heshan District, Yiyang City, CHN, 413000

Website

http://www.hansenzy.com

Hunan Hansen Pharmaceutical Co Ltd is producing Chinese and Western medicines. Its main dosage forms include large-volume injections, small-volume injections, oral liquids, tablets, hard capsules, granules, syrups, ointments, tinctures, and pills. The company's main products are Si Mo Tang Oral Liquid, Shuanquan Capsule, Ginkgo Biloba Capsule and Tianma Xingnao Capsule.

Executives

Luo Yong Qing	Directors, executives
Liu Zheng Qing	Directors, executives
Liu Ling An	Director
Fu Jian Jun	Executives
Liu Na Xin	Independent director
Liu Hou Yao	Directors, Directors, and Executives
He San Xing	Directors, executives

Hunan Hansen Pharmaceutical Co Headlines

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