SMO Clinplus Co (SZSE:301257) Days Payable : 1.47 (As of Mar. 2024)

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What is SMO Clinplus Co Days Payable?

SMO Clinplus Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2.2 Mil. SMO Clinplus Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥137.8 Mil. Hence, SMO Clinplus Co's Days Payable for the three months ended in Mar. 2024 was 1.47.

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

SZSE:301257' s Days Payable Range Over the Past 10 Years
Min: 0.01 Med: 4.26 Max: 7.98
Current: 1.39

During the past 7 years, SMO Clinplus Co's highest Days Payable was 7.98. The lowest was 0.01. And the median was 4.26.

SZSE:301257's Days Payable is ranked worse than
100% of 204 companies
in the Medical Diagnostics & Research industry
Industry Median: 66.645 vs SZSE:301257: 1.39

SMO Clinplus Co's Days Payable declined from Mar. 2023 (4.29) to Mar. 2024 (1.47). It may suggest that SMO Clinplus Co accelerated paying its suppliers.

SMO Clinplus Co Days Payable Historical Data

The historical data trend for SMO Clinplus 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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SMO Clinplus Co Days Payable Chart

SMO Clinplus Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

0.01

4.36

7.98

4.26

SMO Clinplus Co Quarterly Data
	Dec17	Dec18	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															4.29	1.41	1.61	1.38	1.47

Competitive Comparison of SMO Clinplus Co's Days Payable

For the Diagnostics & Research subindustry, SMO Clinplus 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.

SMO Clinplus Co's Days Payable Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, SMO Clinplus Co's Days Payable distribution charts can be found below:

* The bar in red indicates where SMO Clinplus Co's Days Payable falls into.

SMO Clinplus 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.

SMO Clinplus 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
=	( (9.747	+	2.594)	/	2 )	/	528.941	*	365
=	6.1705					/	528.941	*	365
=	4.26

SMO Clinplus 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
=	( (2.594	+	1.86)	/	2 )	/	137.796	*	365 / 4
=	2.227					/	137.796	*	365 / 4
=	1.47

SMO Clinplus Co Days Payable Related Terms

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SMO Clinplus Co (SZSE:301257) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » SMO Clinplus Co Ltd (SZSE:301257) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 105 Sinan Road, Room 108, Building 1, Huangpu District, Shanghai, CHN, 200001

Website

http://www.smo-clinplus.com

SMO Clinplus Co Ltd is engaged in providing SMO services to domestic and foreign pharmaceutical companies, medical device companies and clinical research and development of some health-related products. The services provided include Preliminary model establishment, Preliminary plan preparation, Initiation of clinical trial sites, On-site implementation, and Comprehensive project management.

Executives

Lai Chun Bao	Director
Ma Lin	Director

SMO Clinplus Co (SZSE:301257) Headlines

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