Xiangxue Pharmaceutical Co (SZSE:300147) Days Payable : 273.65 (As of Mar. 2024)

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What is Xiangxue Pharmaceutical Co Days Payable?

Xiangxue Pharmaceutical Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,095 Mil. Xiangxue Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥365 Mil. Hence, Xiangxue Pharmaceutical Co's Days Payable for the three months ended in Mar. 2024 was 273.65.

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

SZSE:300147' s Days Payable Range Over the Past 10 Years
Min: 96.78 Med: 113.42 Max: 254.2
Current: 253.57

During the past 13 years, Xiangxue Pharmaceutical Co's highest Days Payable was 254.20. The lowest was 96.78. And the median was 113.42.

SZSE:300147's Days Payable is ranked better than
62.97% of 721 companies
in the Biotechnology industry
Industry Median: 149.7 vs SZSE:300147: 253.57

Xiangxue Pharmaceutical Co's Days Payable increased from Mar. 2023 (256.74) to Mar. 2024 (273.65). It may suggest that Xiangxue Pharmaceutical Co delayed paying its suppliers.

Xiangxue Pharmaceutical Co Days Payable Historical Data

The historical data trend for Xiangxue 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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Xiangxue Pharmaceutical Co Days Payable Chart

Xiangxue Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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111.02

132.41

175.07

254.20

251.01

Xiangxue Pharmaceutical 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															256.74	233.26	271.00	240.50	273.65

Competitive Comparison of Xiangxue Pharmaceutical Co's Days Payable

For the Biotechnology subindustry, Xiangxue 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.

Xiangxue Pharmaceutical Co's Days Payable Distribution in the Biotechnology Industry

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

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

Xiangxue 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.

Xiangxue 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
=	( (988.945	+	1087.241)	/	2 )	/	1509.522	*	365
=	1038.093					/	1509.522	*	365
=	251.01

Xiangxue Pharmaceutical 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
=	( (1087.241	+	1102.27)	/	2 )	/	365.05	*	365 / 4
=	1094.7555					/	365.05	*	365 / 4
=	273.65

Xiangxue Pharmaceutical Co Days Payable Related Terms

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Xiangxue Pharmaceutical Co (SZSE:300147) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Xiangxue Pharmaceutical Co Ltd (SZSE:300147) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 2 Jinfeng Road , Science City, Guangzhou Economic and Technological Development Z, Guangzhou, CHN, 510663

Website

http://www.xphcn.com

Xiangxue Pharmaceutical Co Ltd is a China-based company engages in the manufacture and distribution of pharmaceutical products. Its diversified healthcare portfolio includes Chinese Herbal Slices, TCM, Life Science, Biomedical Engineering health solutions (food and beverage), healthcare supplements and so on.

Executives

Huang Wei Hua	Supervisors
Tan Wen Hui	Director
Kang Zhi Ying	Executives
Ceng Lun	Executives
Liu Yan	Executives
Lu Feng	Executives
Xu Li	Secretary, Director
Mo Zi Yu	Supervisors
Mai Zhen Jiang	Supervisors
Wang Yong Hui	Directors, executives
He Tao	Executives
Fang Wei Min	Supervisors
Huang Bin	Directors, Directors, and Executives
Wu Jun	Executives
Chen Wen Jin	Executives

Xiangxue Pharmaceutical Co (SZSE:300147) Headlines

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