Dali Pharmaceutical Co (SHSE:603963) Days Payable : 68.20 (As of Mar. 2024)

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What is Dali Pharmaceutical Co Days Payable?

Dali Pharmaceutical Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥10.11 Mil. Dali Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥13.53 Mil. Hence, Dali Pharmaceutical Co's Days Payable for the three months ended in Mar. 2024 was 68.20.

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

SHSE:603963' s Days Payable Range Over the Past 10 Years
Min: 29.2 Med: 78.96 Max: 211.44
Current: 74.63

During the past 12 years, Dali Pharmaceutical Co's highest Days Payable was 211.44. The lowest was 29.20. And the median was 78.96.

SHSE:603963's Days Payable is ranked worse than
57.8% of 974 companies
in the Drug Manufacturers industry
Industry Median: 88.685 vs SHSE:603963: 74.63

Dali Pharmaceutical Co's Days Payable increased from Mar. 2023 (54.01) to Mar. 2024 (68.20). It may suggest that Dali Pharmaceutical Co delayed paying its suppliers.

Dali Pharmaceutical Co Days Payable Historical Data

The historical data trend for Dali Pharmaceutical 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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Dali Pharmaceutical Co Days Payable Chart

Dali Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

57.21

132.82

211.44

106.23

69.07

Dali Pharmaceutical Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															54.01	70.24	98.15	68.01	68.20

Competitive Comparison of Dali Pharmaceutical Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Dali Pharmaceutical 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.

Dali Pharmaceutical Co's Days Payable Distribution in the Drug Manufacturers Industry

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

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

Dali Pharmaceutical 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.

Dali Pharmaceutical 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
=	( (9.1	+	10.191)	/	2 )	/	50.973	*	365
=	9.6455					/	50.973	*	365
=	69.07

Dali Pharmaceutical 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
=	( (10.191	+	10.037)	/	2 )	/	13.532	*	365 / 4
=	10.114					/	13.532	*	365 / 4
=	68.20

Dali Pharmaceutical Co Days Payable Related Terms

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Dali Pharmaceutical Co (SHSE:603963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Dali Pharmaceutical Co Ltd (SHSE:603963) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 118, Huancheng West Road, Yunnan Province, Xiaguan Town, Dali, CHN, 671000

Website

http://www.daliyaoye.cn

Dali Pharmaceutical Co Ltd operates in the pharmaceutical manufacturing industry. It is engaged in the research and development and production of Chinese and Western medicine injection products. The company's main products are Zhongjing Brand Xingnaojing Injection, Shenmai Injection, Astragalus Injection, Brighten A Injection and Cell Diphosphocholine injection.

Executives

Wu Pei Rong	senior management
Yang Jun Xiang	Directors, senior managers
Yang Jun Wei	Director

Dali Pharmaceutical Co (SHSE:603963) Headlines

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