Shanghai Kehua Bio-engineering Co (SZSE:002022) Days Payable : 123.60 (As of Mar. 2024)

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What is Shanghai Kehua Bio-engineering Co Days Payable?

Shanghai Kehua Bio-engineering Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥348 Mil. Shanghai Kehua Bio-engineering Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥257 Mil. Hence, Shanghai Kehua Bio-engineering Co's Days Payable for the three months ended in Mar. 2024 was 123.60.

The historical rank and industry rank for Shanghai Kehua Bio-engineering Co's Days Payable or its related term are showing as below:

SZSE:002022' s Days Payable Range Over the Past 10 Years
Min: 33.68 Med: 48.41 Max: 152.71
Current: 109.18

During the past 13 years, Shanghai Kehua Bio-engineering Co's highest Days Payable was 152.71. The lowest was 33.68. And the median was 48.41.

SZSE:002022's Days Payable is ranked better than
66.46% of 790 companies
in the Medical Devices & Instruments industry
Industry Median: 72.905 vs SZSE:002022: 109.18

Shanghai Kehua Bio-engineering Co's Days Payable declined from Mar. 2023 (126.49) to Mar. 2024 (123.60). It may suggest that Shanghai Kehua Bio-engineering Co accelerated paying its suppliers.

Shanghai Kehua Bio-engineering Co Days Payable Historical Data

The historical data trend for Shanghai Kehua Bio-engineering 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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Shanghai Kehua Bio-engineering Co Days Payable Chart

Shanghai Kehua Bio-engineering Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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48.17

54.67

52.05

62.89

152.71

Shanghai Kehua Bio-engineering 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															126.49	115.39	110.46	88.04	123.60

Competitive Comparison of Shanghai Kehua Bio-engineering Co's Days Payable

For the Medical Devices subindustry, Shanghai Kehua Bio-engineering 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.

Shanghai Kehua Bio-engineering Co's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai Kehua Bio-engineering Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Kehua Bio-engineering Co's Days Payable falls into.

Shanghai Kehua Bio-engineering 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.

Shanghai Kehua Bio-engineering 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
=	( (823.278	+	348.079)	/	2 )	/	1399.856	*	365
=	585.6785					/	1399.856	*	365
=	152.71

Shanghai Kehua Bio-engineering 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
=	( (348.079	+	347.864)	/	2 )	/	256.898	*	365 / 4
=	347.9715					/	256.898	*	365 / 4
=	123.60

Shanghai Kehua Bio-engineering Co Days Payable Related Terms

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Shanghai Kehua Bio-engineering Co (SZSE:002022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai Kehua Bio-engineering Co Ltd (SZSE:002022) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1189 Qinzhou North Road, Xuhui District, Shanghai, CHN, 200233

Website

http://www.skhb.com

Shanghai Kehua Bio-engineering Co Ltd is a developer, manufacturer, and marketer of in-vitro diagnostics business in China. Its products are mainly offered in two primary business segments: Diagnostic Reagents and Diagnostic Laboratory Instruments. Its products include diagnostic reagents, such as enzyme-immunoassay kits, clinical chemistry reagents, PCR kits, and rapid test kits and lab-instruments comprising chemistry analyzers, microplate washers/readers, electrolyte analyzers, and nucleic acid extractors.

Executives

Li Ming	Executives
He Jian Wen	Executives
Ji Yu Ming	Supervisors
Li Ji	Executives
Sha Li Wu	Director
Wang Man	Directors, executives
Tang Wei Guo	Director

Shanghai Kehua Bio-engineering Co (SZSE:002022) Headlines

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