Chengdu Huasun Technology Group (SZSE:000790) Days Payable : 281.98 (As of Mar. 2024)

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What is Chengdu Huasun Technology Group Days Payable?

Chengdu Huasun Technology Group's average Accounts Payable for the three months ended in Mar. 2024 was ¥308.1 Mil. Chengdu Huasun Technology Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥99.7 Mil. Hence, Chengdu Huasun Technology Group's Days Payable for the three months ended in Mar. 2024 was 281.98.

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

SZSE:000790' s Days Payable Range Over the Past 10 Years
Min: 76.29 Med: 174.92 Max: 222.76
Current: 222.76

During the past 13 years, Chengdu Huasun Technology Group's highest Days Payable was 222.76. The lowest was 76.29. And the median was 174.92.

SZSE:000790's Days Payable is ranked better than
85.11% of 974 companies
in the Drug Manufacturers industry
Industry Median: 88.685 vs SZSE:000790: 222.76

Chengdu Huasun Technology Group's Days Payable increased from Mar. 2023 (167.35) to Mar. 2024 (281.98). It may suggest that Chengdu Huasun Technology Group delayed paying its suppliers.

Chengdu Huasun Technology Group Days Payable Historical Data

The historical data trend for Chengdu Huasun Technology 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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Chengdu Huasun Technology Group Days Payable Chart

Chengdu Huasun Technology Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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172.25

128.72

76.29

137.42

172.62

Chengdu Huasun Technology Group 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															167.35	198.76	301.23	169.98	281.98

Competitive Comparison of Chengdu Huasun Technology Group's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Chengdu Huasun Technology 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.

Chengdu Huasun Technology Group's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Chengdu Huasun Technology Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Chengdu Huasun Technology Group's Days Payable falls into.

Chengdu Huasun Technology 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.

Chengdu Huasun Technology Group'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
=	( (267.004	+	307.28)	/	2 )	/	607.171	*	365
=	287.142					/	607.171	*	365
=	172.62

Chengdu Huasun Technology Group'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
=	( (307.28	+	308.876)	/	2 )	/	99.694	*	365 / 4
=	308.078					/	99.694	*	365 / 4
=	281.98

Chengdu Huasun Technology Group Days Payable Related Terms

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Chengdu Huasun Technology Group (SZSE:000790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Chengdu Huasun Technology Group Inc Ltd (SZSE:000790) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

1168 Fuxin Avenue, High-tech Zone (West District), No. 101, 1st Floor, Building 2, Sichuan, Chengdu, CHN, 611731

Website

http://www.huasungrp.com

Chengdu Huasun Technology Group Inc Ltd, formerly Chengdu Taihe Health Technology Group Inc Ltd is engaged in the production and distribution of traditional Chinese medicines and chemical drugs in China. It is also involved in veterinary drugs, biological vaccines, and modern steel products.

Executives

Huang Xue	Director
Wang Ren Guo	Directors, executives
Ye Jing	Executives
Jiang Li	Executives
Bo Jian Ping	Executives
Wang Tian Xiang	Executives
Tang Ji Ying	Executives
Li Jian Hua	Executives
Wan Fang	Executives
Wei Yi Guo	Executives
Chen Zhong Qiao	Director

Chengdu Huasun Technology Group (SZSE:000790) Headlines

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