Adicon Holdings (HKSE:09860) Days Payable : 0.00 (As of Dec. 2023)

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What is Adicon Holdings Days Payable?

Adicon Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$888 Mil. Adicon Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$0 Mil.

The historical rank and industry rank for Adicon Holdings's Days Payable or its related term are showing as below:

HKSE:09860' s Days Payable Range Over the Past 10 Years
Min: 83.14 Med: 93.07 Max: 178.89
Current: 133.63

During the past 4 years, Adicon Holdings's highest Days Payable was 178.89. The lowest was 83.14. And the median was 93.07.

HKSE:09860's Days Payable is ranked better than
67.48% of 206 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.79 vs HKSE:09860: 133.63

Adicon Holdings's Days Payable declined from Dec. 2022 (128.59) to Dec. 2023 (0.00). It may suggest that Adicon Holdings accelerated paying its suppliers.

Adicon Holdings Days Payable Historical Data

The historical data trend for Adicon Holdings'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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Adicon Holdings Days Payable Chart

Adicon Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

86.26

83.14

99.88

178.89

Adicon Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	66.84	128.59	193.61	-

Competitive Comparison of Adicon Holdings's Days Payable

For the Diagnostics & Research subindustry, Adicon Holdings'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.

Adicon Holdings's Days Payable Distribution in the Medical Diagnostics & Research Industry

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

* The bar in red indicates where Adicon Holdings's Days Payable falls into.

Adicon Holdings 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.

Adicon Holdings'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
=	( (1186.456	+	811.702)	/	2 )	/	2038.499	*	365
=	999.079					/	2038.499	*	365
=	178.89

Adicon Holdings'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
=	( (965.124	+	811.702)	/	2 )	/	0	*	365 / 2
=	888.413					/	0	*	365 / 2
=	N/A

Adicon Holdings Days Payable Related Terms

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Adicon Holdings (HKSE:09860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Adicon Holdings Ltd (HKSE:09860) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ADCNF:USA

Address

No. 208, Zhenzhong Road, West Lake, Zhejiang, Hangzhou, CHN

Website

https://www.adicon.com.cn

Adicon Holdings Ltd is one of the top three independent clinical laboratory or ICL, service providers in China. The company offers comprehensive and best-in-class testing services primarily to hospitals and health check centers through an integrated network of 33 self-operated laboratories across China. The high quality of its services is backed by its strong performance in terms of international accreditation and comprehensive testing menu. Its testing portfolio consists of over 4,000 medical diagnostic tests, including over 1,700 routine tests and over 2,300 esoteric tests. It has three major service platforms. Among them, the inspection service platform consists of clinical, pathology, reproductive genetic, genetic, and mass spectrometry laboratories.

Adicon Holdings (HKSE:09860) Headlines

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