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Tofflon Science and Technology Group Co (SZSE:300171) Days Payable : 116.34 (As of Mar. 2025)


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What is Tofflon Science and Technology Group Co Days Payable?

Tofflon Science and Technology Group Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥1,095 Mil. Tofflon Science and Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥859 Mil. Hence, Tofflon Science and Technology Group Co's Days Payable for the three months ended in Mar. 2025 was 116.34.

The historical rank and industry rank for Tofflon Science and Technology Group Co's Days Payable or its related term are showing as below:

SZSE:300171' s Days Payable Range Over the Past 10 Years
Min: 80.06   Med: 102.41   Max: 120.64
Current: 108.9

During the past 13 years, Tofflon Science and Technology Group Co's highest Days Payable was 120.64. The lowest was 80.06. And the median was 102.41.

SZSE:300171's Days Payable is ranked better than
67.59% of 793 companies
in the Medical Devices & Instruments industry
Industry Median: 70.23 vs SZSE:300171: 108.90

Tofflon Science and Technology Group Co's Days Payable declined from Mar. 2024 (125.73) to Mar. 2025 (116.34). It may suggest that Tofflon Science and Technology Group Co accelerated paying its suppliers.


Tofflon Science and Technology Group Co Days Payable Historical Data

The historical data trend for Tofflon Science and Technology Group 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.

* Premium members only.

Tofflon Science and Technology Group Co Days Payable Chart

Tofflon Science and Technology Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.76 113.72 101.33 104.87 120.64

Tofflon Science and Technology Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 125.73 115.37 119.05 97.87 116.34

Competitive Comparison of Tofflon Science and Technology Group Co's Days Payable

For the Medical Instruments & Supplies subindustry, Tofflon Science and Technology Group 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.


Tofflon Science and Technology Group Co's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tofflon Science and Technology Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tofflon Science and Technology Group Co's Days Payable falls into.


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Tofflon Science and Technology Group 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.

Tofflon Science and Technology Group Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (1165.378 + 1177.886) / 2 ) / 3544.781*365
=1171.632 / 3544.781*365
=120.64

Tofflon Science and Technology Group Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (1177.886 + 1013.016) / 2 ) / 859.23*365 / 4
=1095.451 / 859.23*365 / 4
=116.34

* 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.


Tofflon Science and Technology Group Co Days Payable Related Terms

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Tofflon Science and Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
1509 Duhui Road, Building No. 4, Minhang District, Shanghai, CHN, 201108
Tofflon Science and Technology Group Co Ltd manufactures and sells pharmaceutical freeze dryers. The company offers laboratory, pilot, production, and mass-production freeze dryers.
Executives
Zheng Xiao Dong Directors, executives
Chang Cheng Executives
Zheng Jin Wang Directors, executives
Tang Hui Xing Director
Zhang Hai Bin Directors, executives
Xu Zhi Jun Executives
Wu Zhang Xin Executives
Xiong Fang Jun Directors, executives
Wang Yan Securities Affairs Representative
Zhou Xue Mei Supervisors
Zheng Xiao You Directors, executives

Tofflon Science and Technology Group Co Headlines

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