Pharmaron Beijing Co (SZSE:300759) Days Payable : 20.23 (As of Mar. 2024)

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What is Pharmaron Beijing Co Days Payable?

Pharmaron Beijing Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥399 Mil. Pharmaron Beijing Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,799 Mil. Hence, Pharmaron Beijing Co's Days Payable for the three months ended in Mar. 2024 was 20.23.

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

SZSE:300759' s Days Payable Range Over the Past 10 Years
Min: 15.25 Med: 17.98 Max: 20.27
Current: 19.99

During the past 10 years, Pharmaron Beijing Co's highest Days Payable was 20.27. The lowest was 15.25. And the median was 17.98.

SZSE:300759's Days Payable is ranked worse than
90.79% of 717 companies
in the Biotechnology industry
Industry Median: 154.12 vs SZSE:300759: 19.99

Pharmaron Beijing Co's Days Payable declined from Mar. 2023 (21.78) to Mar. 2024 (20.23). It may suggest that Pharmaron Beijing Co accelerated paying its suppliers.

Pharmaron Beijing Co Days Payable Historical Data

The historical data trend for Pharmaron Beijing 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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Pharmaron Beijing Co Days Payable Chart

Pharmaron Beijing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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17.04

17.59

19.42

20.27

20.15

Pharmaron Beijing 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															21.78	20.93	19.72	19.21	20.23

Competitive Comparison of Pharmaron Beijing Co's Days Payable

For the Biotechnology subindustry, Pharmaron Beijing 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.

Pharmaron Beijing Co's Days Payable Distribution in the Biotechnology Industry

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

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

Pharmaron Beijing 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.

Pharmaron Beijing 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
=	( (406.348	+	412.221)	/	2 )	/	7413.512	*	365
=	409.2845					/	7413.512	*	365
=	20.15

Pharmaron Beijing 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
=	( (412.221	+	385.085)	/	2 )	/	1798.592	*	365 / 4
=	398.653					/	1798.592	*	365 / 4
=	20.23

Pharmaron Beijing Co Days Payable Related Terms

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Pharmaron Beijing Co (SZSE:300759) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Pharmaron Beijing Co Ltd (SZSE:300759) » Definitions » Days Payable

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03759:Hong Kong 17Q1:Germany

Address

No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Hong Kong, HKG

Website

https://www.pharmaron.com

Pharmaron Beijing Co Ltd is a research and development service company supporting the life science industry. The company offers drug research and development service capabilities, ranging from synthetic, medicinal and analytical chemistry, biology, DMPK, pharmacology, drug safety assessment, radiochemistry and isotopically labelled metabolism, chemical and pharmaceutical development to clinical development. Its operating segment includes Laboratory services; CMC (small molecule CDMO) services; Clinical development services and biologics and CGT services. The company generates maximum revenue from Laboratory services segment.

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