Tibet Aim Pharm (SZSE:002826) Days Payable : 157.28 (As of Mar. 2024)

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What is Tibet Aim Pharm Days Payable?

Tibet Aim Pharm's average Accounts Payable for the three months ended in Mar. 2024 was ¥109.9 Mil. Tibet Aim Pharm's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥63.8 Mil. Hence, Tibet Aim Pharm's Days Payable for the three months ended in Mar. 2024 was 157.28.

The historical rank and industry rank for Tibet Aim Pharm's Days Payable or its related term are showing as below:

SZSE:002826' s Days Payable Range Over the Past 10 Years
Min: 10.63 Med: 26.72 Max: 153.12
Current: 153.12

During the past 10 years, Tibet Aim Pharm's highest Days Payable was 153.12. The lowest was 10.63. And the median was 26.72.

SZSE:002826's Days Payable is ranked better than
76.51% of 975 companies
in the Drug Manufacturers industry
Industry Median: 88.68 vs SZSE:002826: 153.12

Tibet Aim Pharm's Days Payable increased from Mar. 2023 (116.38) to Mar. 2024 (157.28). It may suggest that Tibet Aim Pharm delayed paying its suppliers.

Tibet Aim Pharm Days Payable Historical Data

The historical data trend for Tibet Aim Pharm'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.

Tibet Aim Pharm Days Payable Chart

Tibet Aim Pharm Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

10.63

18.79

31.29

22.14

54.77

Tibet Aim Pharm 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															116.38	101.60	185.88	232.11	157.28

Competitive Comparison of Tibet Aim Pharm's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Tibet Aim Pharm'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.

Tibet Aim Pharm's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tibet Aim Pharm's Days Payable distribution charts can be found below:

* The bar in red indicates where Tibet Aim Pharm's Days Payable falls into.

Tibet Aim Pharm 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.

Tibet Aim Pharm's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (17.201	+	127.013)	/	2 )	/	480.56	*	365
=	72.107					/	480.56	*	365
=	54.77

Tibet Aim Pharm'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
=	( (106.043	+	113.783)	/	2 )	/	63.769	*	365 / 4
=	109.913					/	63.769	*	365 / 4
=	157.28

Tibet Aim Pharm Days Payable Related Terms

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Tibet Aim Pharm (SZSE:002826) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Tibet Aim Pharm Inc (SZSE:002826) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 6, Linqionggang Road, Lhasa Economic and Technological Development Zone, Tibet Autonomous Region, Lhasa, CHN, 850000

Website

http://www.emyy.cn

Tibet Aim Pharm Inc is the pharmaceutical company based in China. It is mainly engaged in the research and development, production and sales of chemical drugs and proprietary Chinese medicines for common chronic disease such as diabetes and cardiovascular disease as well as medicines for gynecology and obstetrics. The company's products offering includes miglitol tablets, gualoupi injection, nalmefene hydrochloride injection, carbetocin injection; hongjin xiaojie tablets and aceclofenac enteric-coated tablets. The company also expanded its products in the treatment of antibiotic, antiallergic and digestive system.

Executives

Peng Hui	Director
Pang Guo Qiang	Directors, executives
Li Qian Jin	Securities Affairs Representative
Liu Hang	Supervisors

Tibet Aim Pharm (SZSE:002826) Headlines

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