Shenzhen Bioeasy Biotechnology Co (SZSE:300942) Days Payable : 768.52 (As of Mar. 2024)

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What is Shenzhen Bioeasy Biotechnology Co Days Payable?

Shenzhen Bioeasy Biotechnology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥78.0 Mil. Shenzhen Bioeasy Biotechnology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥9.3 Mil. Hence, Shenzhen Bioeasy Biotechnology Co's Days Payable for the three months ended in Mar. 2024 was 768.52.

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

SZSE:300942' s Days Payable Range Over the Past 10 Years
Min: 20.49 Med: 56.75 Max: 262.04
Current: 262.04

During the past 8 years, Shenzhen Bioeasy Biotechnology Co's highest Days Payable was 262.04. The lowest was 20.49. And the median was 56.75.

SZSE:300942's Days Payable is ranked better than
64.22% of 721 companies
in the Biotechnology industry
Industry Median: 148.78 vs SZSE:300942: 262.04

Shenzhen Bioeasy Biotechnology Co's Days Payable increased from Mar. 2023 (128.46) to Mar. 2024 (768.52). It may suggest that Shenzhen Bioeasy Biotechnology Co delayed paying its suppliers.

Shenzhen Bioeasy Biotechnology Co Days Payable Historical Data

The historical data trend for Shenzhen Bioeasy Biotechnology 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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Shenzhen Bioeasy Biotechnology Co Days Payable Chart

Shenzhen Bioeasy Biotechnology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

39.74

71.74

75.69

73.77

204.34

Shenzhen Bioeasy Biotechnology Co Quarterly Data
	Mar19	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															128.46	246.90	295.31	135.14	768.52

Competitive Comparison of Shenzhen Bioeasy Biotechnology Co's Days Payable

For the Biotechnology subindustry, Shenzhen Bioeasy Biotechnology 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.

Shenzhen Bioeasy Biotechnology Co's Days Payable Distribution in the Biotechnology Industry

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

* The bar in red indicates where Shenzhen Bioeasy Biotechnology Co's Days Payable falls into.

Shenzhen Bioeasy Biotechnology 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.

Shenzhen Bioeasy Biotechnology 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
=	( (65.107	+	77.352)	/	2 )	/	127.232	*	365
=	71.2295					/	127.232	*	365
=	204.34

Shenzhen Bioeasy Biotechnology 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
=	( (77.352	+	78.592)	/	2 )	/	9.258	*	365 / 4
=	77.972					/	9.258	*	365 / 4
=	768.52

Shenzhen Bioeasy Biotechnology Co Days Payable Related Terms

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Shenzhen Bioeasy Biotechnology Co (SZSE:300942) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Shenzhen Bioeasy Biotechnology Co Ltd (SZSE:300942) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Liuxian 1st Road, Xin'an Street, 101, Yirui Biological Building, Xingdong Community, Bao'an District, Guangdong Province, Shenzhen, CHN, 518101

Website

http://www.bioeasy.com

Shenzhen Bioeasy Biotechnology Co Ltd is dedicated towards food and drug safety, clinical diagnosis, public safety and other fields. It produces and sells clinical diagnosis products. It develops testing products for nine areas closely related to people's lives which include food safety, agricultural product safety, dairy product safety, meat safety, aquatic product safety, honey safety, clinical diagnosis, drug safety, and public safety.

Executives

Fu Hui

Directors, executives

Shenzhen Bioeasy Biotechnology Co (SZSE:300942) Headlines

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