Hainan Huluwa Pharmaceutical Group Co (SHSE:605199) Days Payable : 84.69 (As of Mar. 2024)

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What is Hainan Huluwa Pharmaceutical Group Co Days Payable?

Hainan Huluwa Pharmaceutical Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥209 Mil. Hainan Huluwa Pharmaceutical Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥225 Mil. Hence, Hainan Huluwa Pharmaceutical Group Co's Days Payable for the three months ended in Mar. 2024 was 84.69.

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

SHSE:605199' s Days Payable Range Over the Past 10 Years
Min: 67.76 Med: 123.06 Max: 174.8
Current: 86.18

During the past 8 years, Hainan Huluwa Pharmaceutical Group Co's highest Days Payable was 174.80. The lowest was 67.76. And the median was 123.06.

SHSE:605199's Days Payable is ranked worse than
51.28% of 975 companies
in the Drug Manufacturers industry
Industry Median: 88.64 vs SHSE:605199: 86.18

Hainan Huluwa Pharmaceutical Group Co's Days Payable increased from Mar. 2023 (72.64) to Mar. 2024 (84.69). It may suggest that Hainan Huluwa Pharmaceutical Group Co delayed paying its suppliers.

Hainan Huluwa Pharmaceutical Group Co Days Payable Historical Data

The historical data trend for Hainan Huluwa Pharmaceutical Group 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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Hainan Huluwa Pharmaceutical Group Co Days Payable Chart

Hainan Huluwa Pharmaceutical Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

121.65

124.47

101.80

82.61

67.76

Hainan Huluwa Pharmaceutical Group 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															72.64	107.19	94.63	58.81	84.69

Competitive Comparison of Hainan Huluwa Pharmaceutical Group Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Hainan Huluwa Pharmaceutical Group 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.

Hainan Huluwa Pharmaceutical Group Co's Days Payable Distribution in the Drug Manufacturers Industry

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

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

Hainan Huluwa Pharmaceutical Group 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.

Hainan Huluwa Pharmaceutical Group 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
=	( (139.917	+	194.162)	/	2 )	/	899.832	*	365
=	167.0395					/	899.832	*	365
=	67.76

Hainan Huluwa Pharmaceutical Group 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
=	( (194.162	+	223.124)	/	2 )	/	224.817	*	365 / 4
=	208.643					/	224.817	*	365 / 4
=	84.69

Hainan Huluwa Pharmaceutical Group Co Days Payable Related Terms

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Hainan Huluwa Pharmaceutical Group Co (SHSE:605199) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hainan Huluwa Pharmaceutical Group Co Ltd (SHSE:605199) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 8, Yaogu 4th Road, Phase II, Yaogu Industrial Park, Haikou National High-tech Zone, Hainan Province, Haikou, CHN, 570300

Website

http://www.huluwayaoye.com

Hainan Huluwa Pharmaceutical Group Co Ltd is engaged in production and sales of Chinese patent medicines and chemical drugs. The company produces medicines for children's respiratory and digestive systems. Its products include star products, calabash, gourd dad, and gourd mom.

Hainan Huluwa Pharmaceutical Group Co (SHSE:605199) Headlines

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