Allmed Medical Products Co (SZSE:002950) Days Payable : 56.02 (As of Mar. 2024)

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What is Allmed Medical Products Co Days Payable?

Allmed Medical Products Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥326 Mil. Allmed Medical Products Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥532 Mil. Hence, Allmed Medical Products Co's Days Payable for the three months ended in Mar. 2024 was 56.02.

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

SZSE:002950' s Days Payable Range Over the Past 10 Years
Min: 20.53 Med: 34.53 Max: 112.31
Current: 99.89

During the past 10 years, Allmed Medical Products Co's highest Days Payable was 112.31. The lowest was 20.53. And the median was 34.53.

SZSE:002950's Days Payable is ranked better than
63.27% of 784 companies
in the Medical Devices & Instruments industry
Industry Median: 72.505 vs SZSE:002950: 99.89

Allmed Medical Products Co's Days Payable declined from Mar. 2023 (141.78) to Mar. 2024 (56.02). It may suggest that Allmed Medical Products Co accelerated paying its suppliers.

Allmed Medical Products Co Days Payable Historical Data

The historical data trend for Allmed Medical Products 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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Allmed Medical Products Co Days Payable Chart

Allmed Medical Products Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

28.57

20.53

35.51

75.20

112.31

Allmed Medical Products 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															141.78	147.61	133.26	75.94	56.02

Competitive Comparison of Allmed Medical Products Co's Days Payable

For the Medical Instruments & Supplies subindustry, Allmed Medical Products 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.

Allmed Medical Products Co's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Allmed Medical Products Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Allmed Medical Products Co's Days Payable falls into.

Allmed Medical Products 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.

Allmed Medical Products 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
=	( (897.316	+	326.103)	/	2 )	/	1988.02	*	365
=	611.7095					/	1988.02	*	365
=	112.31

Allmed Medical Products 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
=	( (326.103	+	326.621)	/	2 )	/	531.564	*	365 / 4
=	326.362					/	531.564	*	365 / 4
=	56.02

Allmed Medical Products Co Days Payable Related Terms

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Allmed Medical Products Co (SZSE:002950) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Allmed Medical Products Co Ltd (SZSE:002950) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Taoyuan Road, 19th Floor, Block A,Taurus Plaza, No.8, Danshan District, Shenzhen, CHN

Website

http://www.allmed-china.com

Allmed Medical Products Co Ltd is engaged in Research & Development, manufacturing and distribution of medical dressings and other disposable medical supplies, with a focus on medical and health activities. The company's products are exported to the United States, Canada, Germany, Japan, the Middle East, and other international markets or regions.

Executives

Chen Hao Hua	Director
Peng Xi Yun	Supervisors
Huang Wen Jian	Directors, executives
Cheng Hong	Directors, executives

Allmed Medical Products Co (SZSE:002950) Headlines

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