Anhui Wanbang Pharmaceutical Technology Co (SZSE:301520) Days Payable : 52.63 (As of Mar. 2024)

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What is Anhui Wanbang Pharmaceutical Technology Co Days Payable?

Anhui Wanbang Pharmaceutical Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥27.6 Mil. Anhui Wanbang Pharmaceutical Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥47.8 Mil. Hence, Anhui Wanbang Pharmaceutical Technology Co's Days Payable for the three months ended in Mar. 2024 was 52.63.

The historical rank and industry rank for Anhui Wanbang Pharmaceutical Technology Co's Days Payable or its related term are showing as below:

SZSE:301520' s Days Payable Range Over the Past 10 Years
Min: 21.13 Med: 31.19 Max: 59.59
Current: 59.59

During the past 6 years, Anhui Wanbang Pharmaceutical Technology Co's highest Days Payable was 59.59. The lowest was 21.13. And the median was 31.19.

SZSE:301520's Days Payable is ranked worse than
67.08% of 978 companies
in the Drug Manufacturers industry
Industry Median: 86.975 vs SZSE:301520: 59.59

Anhui Wanbang Pharmaceutical Technology Co's Days Payable declined from Mar. 2023 (73.53) to Mar. 2024 (52.63). It may suggest that Anhui Wanbang Pharmaceutical Technology Co accelerated paying its suppliers.

Anhui Wanbang Pharmaceutical Technology Co Days Payable Historical Data

The historical data trend for Anhui Wanbang Pharmaceutical Technology 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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Anhui Wanbang Pharmaceutical Technology Co Days Payable Chart

Anhui Wanbang Pharmaceutical Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

28.57

21.13

29.29

55.76

56.92

Anhui Wanbang Pharmaceutical Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									73.53	71.58	82.66	46.91	52.63

Competitive Comparison of Anhui Wanbang Pharmaceutical Technology Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Anhui Wanbang Pharmaceutical Technology 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.

Anhui Wanbang Pharmaceutical Technology Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Anhui Wanbang Pharmaceutical Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anhui Wanbang Pharmaceutical Technology Co's Days Payable falls into.

Anhui Wanbang Pharmaceutical Technology 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.

Anhui Wanbang Pharmaceutical Technology 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
=	( (27.412	+	27.022)	/	2 )	/	174.534	*	365
=	27.217					/	174.534	*	365
=	56.92

Anhui Wanbang Pharmaceutical Technology 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
=	( (27.022	+	28.149)	/	2 )	/	47.825	*	365 / 4
=	27.5855					/	47.825	*	365 / 4
=	52.63

Anhui Wanbang Pharmaceutical Technology Co Days Payable Related Terms

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Anhui Wanbang Pharmaceutical Technology Co (SZSE:301520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Anhui Wanbang Pharmaceutical Technology Co Ltd (SZSE:301520) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

southwest corner of the intersection of Mingzhu Avenue and Huolongdi Road, Building 1, Anhui Wanbang Pharmaceutical, High-tech Zone, Anhui, Hefei, CHN, 230000

Website

http://www.ahwbyy.cn

Anhui Wanbang Pharmaceutical Technology Co Ltd is a one-stop CRO service platform that engages in the entire process from pharmaceutical development to clinical research of innovative drugs, improved new drugs and generic drugs. It aims to provide drug research and development and clinical trials for drug launch, including pharmaceutical research, clinical services, biological sample analysis and testing, SMO services and data statistics and analysis.

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