Cryofocus Medtech (Shanghai) Co (HKSE:06922) Days Payable : 127.38 (As of Jun. 2023)

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What is Cryofocus Medtech (Shanghai) Co Days Payable?

Cryofocus Medtech (Shanghai) Co's average Accounts Payable for the six months ended in Jun. 2023 was HK$3.26 Mil. Cryofocus Medtech (Shanghai) Co's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$4.68 Mil. Hence, Cryofocus Medtech (Shanghai) Co's Days Payable for the six months ended in Jun. 2023 was 127.38.

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

HKSE:06922' s Days Payable Range Over the Past 10 Years
Min: 13.06 Med: 15.28 Max: 84.5
Current: 84.5

During the past 4 years, Cryofocus Medtech (Shanghai) Co's highest Days Payable was 84.50. The lowest was 13.06. And the median was 15.28.

HKSE:06922's Days Payable is ranked better than
56.91% of 789 companies
in the Medical Devices & Instruments industry
Industry Median: 72.55 vs HKSE:06922: 84.50

Cryofocus Medtech (Shanghai) Co's Days Payable increased from Jun. 2022 (18.58) to Jun. 2023 (127.38). It may suggest that Cryofocus Medtech (Shanghai) Co delayed paying its suppliers.

Cryofocus Medtech (Shanghai) Co Days Payable Historical Data

The historical data trend for Cryofocus Medtech (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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Cryofocus Medtech (Shanghai) Co Days Payable Chart

Cryofocus Medtech (Shanghai) Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

15.28

13.06

49.38

49.90

Cryofocus Medtech (Shanghai) Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	18.58	70.43	127.38	82.36

Competitive Comparison of Cryofocus Medtech (Shanghai) Co's Days Payable

For the Medical Devices subindustry, Cryofocus Medtech (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.

Cryofocus Medtech (Shanghai) Co's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Cryofocus Medtech (Shanghai) Co's Days Payable distribution charts can be found below:

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

Cryofocus Medtech (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.

Cryofocus Medtech (Shanghai) Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.384	+	1.969)	/	2 )	/	8.696	*	365
=	1.1765					/	8.696	*	365
=	49.38

Cryofocus Medtech (Shanghai) Co's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1.969	+	4.56)	/	2 )	/	4.677	*	365 / 2
=	3.2645					/	4.677	*	365 / 2
=	127.38

Cryofocus Medtech (Shanghai) Co Days Payable Related Terms

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Cryofocus Medtech (Shanghai) Co (HKSE:06922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Cryofocus Medtech (Shanghai) Co Ltd (HKSE:06922) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 15, Lane 3399, Kangxin Road, Pudong New Area, Shanghai, CHN, 200120

Website

https://www.cryofocus.com

Cryofocus Medtech (Shanghai) Co Ltd is a medical device company engaged in the research and development, manufacture and sale of cryoablation minimally-invasive interventional treatment technology and related medical products. It has two Core Products, the Bladder Cryoablation System and the Endoscopic Clip for Anastomosis. The Bladder Cryoablation System is a cryotherapy device designed for the treatment of bladder cancer. The Endoscopic Clip for Anastomosis is an anastomotic device for the closure of soft tissue in the digestive tract, which is one of the over-the-scope clips. Geographically company's key revenue is generated from China.

Executives

Wu Jianhui	2101 Beneficial owner
Li Hui	2202 Interest of your spouse
Lv Shiwen	2103 Interests held jointly with another person
Sun Xiaolu	2201 Interest of corporation controlled by you
Zhang Qian
Hang Zhou Bi Lin Xing Chuang Xin Tou Zi He Huo Qi Ye You Xian He Huo
Shang Hai Shi Di Sheng Wu Ke Ji You Xian Gong Si
Shang Hai Bi Lin Xing Zi Chan Guan Li You Xian Gong Si
Hang Zhou Bi Lin Xing Chuang Xin Tou Zi Guan Li He Huo Qi Ye You Xian He Huo
Ning Bo Lin Feng Sheng Wu Ke Ji You Xian Gong Si
Shang Hai Shi Di Shi Ye Fa Zhan You Xian Gong Si
Sheng Shan Zi Chan Guan Li Shang Hai You Xian Gong Si
Gan Shi Xiong
Su Zhou Gong Ye Yuan Qu Zhi Nuo Shang Wu Xin Xi Zi Xun You Xian Gong Si	2201 Interest of corporation controlled by you
Su Zhou Gong Ye Yuan Qu Xin Jian Yuan Er Qi Chuang Ye Tou Zi Qi Ye You Xian He Huo	2101 Beneficial owner

Cryofocus Medtech (Shanghai) Co (HKSE:06922) Headlines

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