Guanze Medical Information Industry (Holding) Co (HKSE:02427) Days Payable : 6.00 (As of Dec. 2023)

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What is Guanze Medical Information Industry (Holding) Co Days Payable?

Guanze Medical Information Industry (Holding) Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$1.4 Mil. Guanze Medical Information Industry (Holding) Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$43.2 Mil. Hence, Guanze Medical Information Industry (Holding) Co's Days Payable for the six months ended in Dec. 2023 was 6.00.

The historical rank and industry rank for Guanze Medical Information Industry (Holding) Co's Days Payable or its related term are showing as below:

HKSE:02427' s Days Payable Range Over the Past 10 Years
Min: 0.62 Med: 9.6 Max: 35.18
Current: 8.49

During the past 5 years, Guanze Medical Information Industry (Holding) Co's highest Days Payable was 35.18. The lowest was 0.62. And the median was 9.60.

HKSE:02427's Days Payable is ranked worse than
96.08% of 204 companies
in the Medical Diagnostics & Research industry
Industry Median: 66.645 vs HKSE:02427: 8.49

Guanze Medical Information Industry (Holding) Co's Days Payable declined from Dec. 2022 (36.65) to Dec. 2023 (6.00). It may suggest that Guanze Medical Information Industry (Holding) Co accelerated paying its suppliers.

Guanze Medical Information Industry (Holding) Co Days Payable Historical Data

The historical data trend for Guanze Medical Information Industry (Holding) 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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Guanze Medical Information Industry (Holding) Co Days Payable Chart

Guanze Medical Information Industry (Holding) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

0.62

4.35

23.59

35.18

9.60

Guanze Medical Information Industry (Holding) Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			41.56	42.54	36.65	10.40	6.00

Competitive Comparison of Guanze Medical Information Industry (Holding) Co's Days Payable

For the Diagnostics & Research subindustry, Guanze Medical Information Industry (Holding) 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.

Guanze Medical Information Industry (Holding) Co's Days Payable Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Guanze Medical Information Industry (Holding) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guanze Medical Information Industry (Holding) Co's Days Payable falls into.

Guanze Medical Information Industry (Holding) 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.

Guanze Medical Information Industry (Holding) 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
=	( (2.558	+	1.507)	/	2 )	/	77.294	*	365
=	2.0325					/	77.294	*	365
=	9.60

Guanze Medical Information Industry (Holding) Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.331	+	1.507)	/	2 )	/	43.186	*	365 / 2
=	1.419					/	43.186	*	365 / 2
=	6.00

Guanze Medical Information Industry (Holding) Co Days Payable Related Terms

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Guanze Medical Information Industry (Holding) Co (HKSE:02427) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Guanze Medical Information Industry (Holding) Co Ltd (HKSE:02427) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2966 Chunhui Road, Room 501-A, Block 10 Strategic Emerging Industry Base, High-tech Zone, Shandong Province, Jinan, CHN

Website

https://www.guanzegroup.com

Guanze Medical Information Industry (Holding) Co Ltd is a medical imaging solutions provider, principally engaged in providing medical imaging film products and medical imaging cloud services in Shandong Province.

Executives

Meng A Capital Limited	2101 Beneficial owner
Meng Xianzhen	2201 Interest of corporation controlled by you
Yang Duanling	2202 Interest of your spouse

Guanze Medical Information Industry (Holding) Co (HKSE:02427) Headlines

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