Hefei Lifeon Pharmaceutical Co (SZSE:003020) Days Payable : 255.88 (As of Jun. 2024)

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What is Hefei Lifeon Pharmaceutical Co Days Payable?

Hefei Lifeon Pharmaceutical Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥324 Mil. Hefei Lifeon Pharmaceutical Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥116 Mil. Hence, Hefei Lifeon Pharmaceutical Co's Days Payable for the three months ended in Jun. 2024 was 255.88.

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

SZSE:003020' s Days Payable Range Over the Past 10 Years
Min: 55.1 Med: 63.74 Max: 256.61
Current: 256.61

During the past 11 years, Hefei Lifeon Pharmaceutical Co's highest Days Payable was 256.61. The lowest was 55.10. And the median was 63.74.

SZSE:003020's Days Payable is ranked better than
64.22% of 721 companies
in the Biotechnology industry
Industry Median: 135.97 vs SZSE:003020: 256.61

Hefei Lifeon Pharmaceutical Co's Days Payable increased from Jun. 2023 (172.55) to Jun. 2024 (255.88). It may suggest that Hefei Lifeon Pharmaceutical Co delayed paying its suppliers.

Hefei Lifeon Pharmaceutical Co Days Payable Historical Data

The historical data trend for Hefei Lifeon 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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Hefei Lifeon Pharmaceutical Co Days Payable Chart

Hefei Lifeon Pharmaceutical Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

60.27

69.58

69.90

79.50

150.78

Hefei Lifeon Pharmaceutical Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															172.55	255.64	252.61	268.95	255.88

Competitive Comparison of Hefei Lifeon Pharmaceutical Co's Days Payable

For the Biotechnology subindustry, Hefei Lifeon 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.

Hefei Lifeon Pharmaceutical Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Hefei Lifeon Pharmaceutical Co's Days Payable distribution charts can be found below:

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

Hefei Lifeon 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.

Hefei Lifeon 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
=	( (460.655	+	301.251)	/	2 )	/	922.202	*	365
=	380.953					/	922.202	*	365
=	150.78

Hefei Lifeon Pharmaceutical Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (308.243	+	340.436)	/	2 )	/	115.665	*	365 / 4
=	324.3395					/	115.665	*	365 / 4
=	255.88

Hefei Lifeon Pharmaceutical Co Days Payable Related Terms

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Hefei Lifeon Pharmaceutical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Hefei Lifeon Pharmaceutical Co Ltd (SZSE:003020) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.669, Changjiang West Road, Lifang Factory, Anhui Province, Hefei, CHN, 230088

Website

http://www.lifeon.cn

Hefei Lifeon Pharmaceutial Co Ltd is engaged in the research and development, production and sales of pharmaceutical preparations and raw materials, and the wholesale and retail of pharmaceuticals and medical devices. The main industrial products involve cardiovascular drugs, digestive system drugs, external skin drugs, endocrine system drugs and other fields.

Executives

Wang Qin	Supervisors
Wang Qing	Directors, executives
Xu Xue Yu	Executives

Hefei Lifeon Pharmaceutical Co Headlines

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