Hainan Haiyao Co (SZSE:000566) Days Payable : 209.44 (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Hainan Haiyao Co Days Payable?

Hainan Haiyao Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥509 Mil. Hainan Haiyao Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥222 Mil. Hence, Hainan Haiyao Co's Days Payable for the three months ended in Mar. 2024 was 209.44.

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

SZSE:000566' s Days Payable Range Over the Past 10 Years
Min: 103.19 Med: 175.12 Max: 474.71
Current: 242.45

During the past 13 years, Hainan Haiyao Co's highest Days Payable was 474.71. The lowest was 103.19. And the median was 175.12.

SZSE:000566's Days Payable is ranked better than
86.45% of 974 companies
in the Drug Manufacturers industry
Industry Median: 88.68 vs SZSE:000566: 242.45

Hainan Haiyao Co's Days Payable increased from Mar. 2023 (170.17) to Mar. 2024 (209.44). It may suggest that Hainan Haiyao Co delayed paying its suppliers.

Hainan Haiyao Co Days Payable Historical Data

The historical data trend for Hainan Haiyao 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.

* Premium members only.

Hainan Haiyao Co Days Payable Chart

Hainan Haiyao Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

371.54

474.71

336.43

262.87

200.29

Hainan Haiyao 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															170.17	189.05	259.35	397.14	209.44

Competitive Comparison of Hainan Haiyao Co's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Hainan Haiyao 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 Haiyao Co's Days Payable Distribution in the Drug Manufacturers Industry

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

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

Hainan Haiyao 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 Haiyao 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
=	( (523.686	+	473.345)	/	2 )	/	908.457	*	365
=	498.5155					/	908.457	*	365
=	200.29

Hainan Haiyao 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
=	( (473.345	+	543.771)	/	2 )	/	221.575	*	365 / 4
=	508.558					/	221.575	*	365 / 4
=	209.44

Hainan Haiyao Co Days Payable Related Terms

Thank you for viewing the detailed overview of Hainan Haiyao Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hainan Haiyao Co (SZSE:000566) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hainan Haiyao Co Ltd (SZSE:000566) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.192 Nanhai Avenue, Xiuying District, Haikou, Hainan, CHN, 570105

Website

http://www.haiyao.com.cn

Hainan Haiyao Co Ltd is a China-based company engages in the research, development, manufacture, and sale of medicines and medical instrument. Its product includes cephalosporin series, stomach and intestine medicines, anti-tumor medicines, cochlear implant series, bulk drugs and intermediate series. The company distributes its products in domestic market and to overseas market. Digital China Information Service Co Ltd is a China-based company principally engaged in software and information technology (IT) service industry. Its services include technical services, agricultural informatization, application software development, special financial equipment, and integrated solutions for the financial, government, enterprises, telecommunications, agriculture, and other industries.

Executives

Li Ri Meng	Directors, executives
Bai Zhi Quan	Directors, executives
Zhou Qing Guo	Supervisors
Chen Yi Hong	Directors, executives
Wang Wei	Directors, executives
Ji Ping	Executives
Xu Li Hong	Directors, executives
Zhang Hui	Executives
Wang Jun Hong	Executives
Li Mi Sheng	Executives
Feng Bai Chang	Executives
Wang Gang	Executives
Ceng Yu Ping	Director

Hainan Haiyao Co (SZSE:000566) Headlines

No Headlines