Beijing Leadman Biochemistry Co (SZSE:300289) Days Payable : 52.46 (As of Mar. 2024)

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What is Beijing Leadman Biochemistry Co Days Payable?

Beijing Leadman Biochemistry Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥25.4 Mil. Beijing Leadman Biochemistry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥44.2 Mil. Hence, Beijing Leadman Biochemistry Co's Days Payable for the three months ended in Mar. 2024 was 52.46.

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

SZSE:300289' s Days Payable Range Over the Past 10 Years
Min: 24.65 Med: 79.78 Max: 253.68
Current: 38.07

During the past 13 years, Beijing Leadman Biochemistry Co's highest Days Payable was 253.68. The lowest was 24.65. And the median was 79.78.

SZSE:300289's Days Payable is ranked worse than
78.17% of 788 companies
in the Medical Devices & Instruments industry
Industry Median: 73.105 vs SZSE:300289: 38.07

Beijing Leadman Biochemistry Co's Days Payable increased from Mar. 2023 (34.56) to Mar. 2024 (52.46). It may suggest that Beijing Leadman Biochemistry Co delayed paying its suppliers.

Beijing Leadman Biochemistry Co Days Payable Historical Data

The historical data trend for Beijing Leadman Biochemistry 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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Beijing Leadman Biochemistry Co Days Payable Chart

Beijing Leadman Biochemistry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

82.76

59.56

46.45

24.65

47.65

Beijing Leadman Biochemistry 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															34.56	27.79	30.90	48.30	52.46

Competitive Comparison of Beijing Leadman Biochemistry Co's Days Payable

For the Medical Devices subindustry, Beijing Leadman Biochemistry 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.

Beijing Leadman Biochemistry Co's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Beijing Leadman Biochemistry Co's Days Payable falls into.

Beijing Leadman Biochemistry 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.

Beijing Leadman Biochemistry 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
=	( (18.47	+	32.87)	/	2 )	/	196.62	*	365
=	25.67					/	196.62	*	365
=	47.65

Beijing Leadman Biochemistry 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
=	( (32.87	+	17.921)	/	2 )	/	44.176	*	365 / 4
=	25.3955					/	44.176	*	365 / 4
=	52.46

Beijing Leadman Biochemistry Co Days Payable Related Terms

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Beijing Leadman Biochemistry Co (SZSE:300289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Beijing Leadman Biochemistry Co Ltd (SZSE:300289) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.5 Hongda South Road, Beijing, CHN

Website

http://www.leadmanbio.com

Beijing Leadman Biochemistry Co Ltd is a biotechnology company based in China. The company is focusing on research and development, manufacture, and sales of in vitro diagnostic (IVD) products. The company has core competencies in biochemistry, in vitro diagnostic reagents and instruments. Its product offering includes biochemical raw materials such as enzymes, coenzymes, antibodies, buffers, and enzyme substrates; biochemistry diagnostic and companion reagents; and medical test instruments.

Executives

Ding Yao Liang	Executives
Wang Xiao Hong	Supervisors
Zhang Hai Tao	Executives
Zhang Ya Li	Supervisors
Sun Qian	Director
Wang Jian Hua	Directors, executives
Wang Yi Xing	Directors, executives
Yang Lu Ping	Securities Affairs Representative
Niu Ju Hui	Secretary Dong
Zhang Kun	Director
Shen Guang Qian	Directors, executives
Ma Yan Wen	Director
Wang Lan Zhen	Directors, executives

Beijing Leadman Biochemistry Co (SZSE:300289) Headlines

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