Pharma Resources (Shanghai) Co (SZSE:301230) Days Payable : 94.21 (As of Jun. 2024)

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What is Pharma Resources (Shanghai) Co Days Payable?

Pharma Resources (Shanghai) Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥102.0 Mil. Pharma Resources (Shanghai) Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥98.8 Mil. Hence, Pharma Resources (Shanghai) Co's Days Payable for the three months ended in Jun. 2024 was 94.21.

The historical rank and industry rank for Pharma Resources (Shanghai) Co's Days Payable or its related term are showing as below:

SZSE:301230' s Days Payable Range Over the Past 10 Years
Min: 54.59 Med: 63.44 Max: 88.92
Current: 83.35

During the past 7 years, Pharma Resources (Shanghai) Co's highest Days Payable was 88.92. The lowest was 54.59. And the median was 63.44.

SZSE:301230's Days Payable is ranked worse than
62.14% of 721 companies
in the Biotechnology industry
Industry Median: 135.97 vs SZSE:301230: 83.35

Pharma Resources (Shanghai) Co's Days Payable increased from Jun. 2023 (51.89) to Jun. 2024 (94.21). It may suggest that Pharma Resources (Shanghai) Co delayed paying its suppliers.

Pharma Resources (Shanghai) Co Days Payable Historical Data

The historical data trend for Pharma Resources (Shanghai) 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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Pharma Resources (Shanghai) Co Days Payable Chart

Pharma Resources (Shanghai) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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62.45

88.92

59.21

54.59

83.23

Pharma Resources (Shanghai) Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															51.89	64.69	93.89	94.05	94.21

Competitive Comparison of Pharma Resources (Shanghai) Co's Days Payable

For the Biotechnology subindustry, Pharma Resources (Shanghai) 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.

Pharma Resources (Shanghai) Co's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Pharma Resources (Shanghai) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Pharma Resources (Shanghai) Co's Days Payable falls into.

Pharma Resources (Shanghai) 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.

Pharma Resources (Shanghai) 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
=	( (39.767	+	114.613)	/	2 )	/	338.515	*	365
=	77.19					/	338.515	*	365
=	83.23

Pharma Resources (Shanghai) Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (99.315	+	104.675)	/	2 )	/	98.789	*	365 / 4
=	101.995					/	98.789	*	365 / 4
=	94.21

Pharma Resources (Shanghai) Co Days Payable Related Terms

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Pharma Resources (Shanghai) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Pharma Resources (Shanghai) Co Ltd (SZSE:301230) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 315, Qingda Road, Building 23, Pudong New Area, Shanghai, CHN, 201201

Website

http://www.pharmaresources.cn

Pharma Resources (Shanghai) Co Ltd is engaged in the drug discovery, research and development of pharmaceutical processes, and commercial production of API intermediates.

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