Shandong Jincheng Pharmaceutical Group Co (SZSE:300233) Days Payable : 136.73 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Shandong Jincheng Pharmaceutical Group Co Days Payable?

Shandong Jincheng Pharmaceutical Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥775 Mil. Shandong Jincheng Pharmaceutical Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥517 Mil. Hence, Shandong Jincheng Pharmaceutical Group Co's Days Payable for the three months ended in Mar. 2024 was 136.73.

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

SZSE:300233' s Days Payable Range Over the Past 10 Years
Min: 47.83 Med: 92.81 Max: 142.07
Current: 132.73

During the past 13 years, Shandong Jincheng Pharmaceutical Group Co's highest Days Payable was 142.07. The lowest was 47.83. And the median was 92.81.

SZSE:300233's Days Payable is ranked better than
86.39% of 1506 companies
in the Chemicals industry
Industry Median: 61.065 vs SZSE:300233: 132.73

Shandong Jincheng Pharmaceutical Group Co's Days Payable declined from Mar. 2023 (138.46) to Mar. 2024 (136.73). It may suggest that Shandong Jincheng Pharmaceutical Group Co accelerated paying its suppliers.

Shandong Jincheng Pharmaceutical Group Co Days Payable Historical Data

The historical data trend for Shandong Jincheng 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.

* Premium members only.

Shandong Jincheng Pharmaceutical Group Co Days Payable Chart

Shandong Jincheng Pharmaceutical Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

83.58

85.61

100.01

120.17

142.07

Shandong Jincheng 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															138.46	131.36	127.52	138.44	136.73

Competitive Comparison of Shandong Jincheng Pharmaceutical Group Co's Days Payable

For the Chemicals subindustry, Shandong Jincheng 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.

Shandong Jincheng Pharmaceutical Group Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Jincheng Pharmaceutical Group Co's Days Payable distribution charts can be found below:

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

Shandong Jincheng 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.

Shandong Jincheng 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
=	( (726.051	+	824.002)	/	2 )	/	1991.127	*	365
=	775.0265					/	1991.127	*	365
=	142.07

Shandong Jincheng 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
=	( (824.002	+	725.69)	/	2 )	/	517.104	*	365 / 4
=	774.846					/	517.104	*	365 / 4
=	136.73

Shandong Jincheng Pharmaceutical Group Co Days Payable Related Terms

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

Shandong Jincheng Pharmaceutical Group Co (SZSE:300233) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Jincheng Pharmaceutical Group Co Ltd (SZSE:300233) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 1 Shuangshan Road, Zichuan Economic Development Zone, Shandong, Zibo, CHN, 255100

Website

http://www.jinchengpharm.com

Shandong Jincheng Pharmaceutical Group Co Ltd is engaged in the research and development, production and sale of III and IV cephalosporin intermediates and biopharmaceuticals. It offers characteristic bulk drugs, pharmaceutical intermediates, and fine chemicals. The company distributes its products within domestic market and to overseas markets.

Executives

Yang Xiu Liang	Executives
Zhang Xue Bo	Director
Zheng Geng Xiu	Director
Zhao Ye Qing	Director
Sun Rui Mei	Executives
Cui Xi Li	Executives
Zhao Hong Fu	Director
Fu Miao Qing	Executives
Zhu Xiao Gang	Directors, executives
Li Jia Quan	Directors, executives
Guo Fang Shui	Supervisors
Chou Qiang	Securities Affairs Representative

Shandong Jincheng Pharmaceutical Group Co (SZSE:300233) Headlines

No Headlines