Dong-E-E-Jiao Co (SZSE:000423) Days Payable : 60.98 (As of Mar. 2024)

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What is Dong-E-E-Jiao Co Days Payable?

Dong-E-E-Jiao Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥274 Mil. Dong-E-E-Jiao Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥410 Mil. Hence, Dong-E-E-Jiao Co's Days Payable for the three months ended in Mar. 2024 was 60.98.

The historical rank and industry rank for Dong-E-E-Jiao Co's Days Payable or its related term are showing as below:

SZSE:000423' s Days Payable Range Over the Past 10 Years
Min: 38.16 Med: 68.74 Max: 127.23
Current: 62.63

During the past 13 years, Dong-E-E-Jiao Co's highest Days Payable was 127.23. The lowest was 38.16. And the median was 68.74.

SZSE:000423's Days Payable is ranked worse than
64.21% of 975 companies
in the Drug Manufacturers industry
Industry Median: 88.64 vs SZSE:000423: 62.63

Dong-E-E-Jiao Co's Days Payable declined from Mar. 2023 (80.32) to Mar. 2024 (60.98). It may suggest that Dong-E-E-Jiao Co accelerated paying its suppliers.

Dong-E-E-Jiao Co Days Payable Historical Data

The historical data trend for Dong-E-E-Jiao 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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Dong-E-E-Jiao Co Days Payable Chart

Dong-E-E-Jiao Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

127.23

95.23

56.59

70.71

66.76

Dong-E-E-Jiao 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															80.32	70.28	55.21	56.73	60.98

Competitive Comparison of Dong-E-E-Jiao Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Dong-E-E-Jiao 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.

Dong-E-E-Jiao Co's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Dong-E-E-Jiao Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Dong-E-E-Jiao Co's Days Payable falls into.

Dong-E-E-Jiao 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.

Dong-E-E-Jiao 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
=	( (238.113	+	275.146)	/	2 )	/	1403.111	*	365
=	256.6295					/	1403.111	*	365
=	66.76

Dong-E-E-Jiao 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
=	( (275.146	+	272.855)	/	2 )	/	410.038	*	365 / 4
=	274.0005					/	410.038	*	365 / 4
=	60.98

Dong-E-E-Jiao Co Days Payable Related Terms

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Dong-E-E-Jiao Co (SZSE:000423) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Dong-E-E-Jiao Co Ltd (SZSE:000423) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 78 Ejiao Street, Dong'a County, Liaocheng, Shandong, CHN, 252201

Website

http://www.dongeejiao.com

Dong-E-E-Jiao Co Ltd is a China-based company engages in the manufacturing and selling of Chinese herb and traditional Chinese medicines, auxiliary materials for medicine, biological and healthcare products and genetically engineered medicines. The company also exports its products to Europe, the United States, and Southeast Asia.

Dong-E-E-Jiao Co (SZSE:000423) Headlines

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