Fresh2 Group (Fresh2 Group) Days Payable : 0.00 (As of Jun. 2023)

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What is Fresh2 Group Days Payable?

Fresh2 Group's average Accounts Payable for the three months ended in Jun. 2023 was $0.18 Mil. Fresh2 Group's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.00 Mil.

The historical rank and industry rank for Fresh2 Group's Days Payable or its related term are showing as below:

FRES' s Days Payable Range Over the Past 10 Years
Min: 91.09 Med: 143.78 Max: 273.58
Current: 273.58

During the past 6 years, Fresh2 Group's highest Days Payable was 273.58. The lowest was 91.09. And the median was 143.78.

FRES's Days Payable is ranked better than
65.27% of 717 companies
in the Biotechnology industry
Industry Median: 153.86 vs FRES: 273.58

Fresh2 Group's Days Payable declined from Mar. 2022 (335.58) to Jun. 2023 (0.00). It may suggest that Fresh2 Group accelerated paying its suppliers.

Fresh2 Group Days Payable Historical Data

The historical data trend for Fresh2 Group'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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Fresh2 Group Days Payable Chart

Fresh2 Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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134.66

104.16

91.09

152.89

250.77

Fresh2 Group Quarterly Data
	Dec17	Sep18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial														335.58	-	123.35	709.20	-

Competitive Comparison of Fresh2 Group's Days Payable

For the Biotechnology subindustry, Fresh2 Group'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.

Fresh2 Group's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Fresh2 Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Fresh2 Group's Days Payable falls into.

Fresh2 Group 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.

Fresh2 Group'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
=	( (0.429	+	0.302)	/	2 )	/	0.532	*	365
=	0.3655					/	0.532	*	365
=	250.77

Fresh2 Group'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
=	( (0.302	+	0.059)	/	2 )	/	0	*	365 / 4
=	0.1805					/	0	*	365 / 4
=	N/A

Fresh2 Group Days Payable Related Terms

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Fresh2 Group (Fresh2 Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Fresh2 Group Ltd (NAS:FRES) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0UC0:Germany

Address

650 5TH Avenue, Street 2416, NEW YORK, NY, USA, 10019-6108

Website

https://www.fresh2.co

Fresh2 Group Ltd is a biotechnology company. It focuses on early cancer screening and detection. The company markets and sells a multi-cancer screening and detection test that uses its innovative patented CDA technology and its proprietary CDA device. In addition to early cancer screening and detection, its CDA technology has demonstrated the potential to assist physicians in cancer diagnosis, prognosis, and recurrence.