Universe Pharmaceuticals (Universe Pharmaceuticals) Days Payable : 149.55 (As of Sep. 2023)

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What is Universe Pharmaceuticals Days Payable?

Universe Pharmaceuticals's average Accounts Payable for the six months ended in Sep. 2023 was $7.91 Mil. Universe Pharmaceuticals's Cost of Goods Sold for the six months ended in Sep. 2023 was $9.66 Mil. Hence, Universe Pharmaceuticals's Days Payable for the six months ended in Sep. 2023 was 149.55.

The historical rank and industry rank for Universe Pharmaceuticals's Days Payable or its related term are showing as below:

UPC' s Days Payable Range Over the Past 10 Years
Min: 44.88 Med: 64.01 Max: 104.55
Current: 104.55

During the past 6 years, Universe Pharmaceuticals's highest Days Payable was 104.55. The lowest was 44.88. And the median was 64.01.

UPC's Days Payable is ranked better than
59.18% of 975 companies
in the Drug Manufacturers industry
Industry Median: 88.68 vs UPC: 104.55

Universe Pharmaceuticals's Days Payable increased from Sep. 2022 (78.55) to Sep. 2023 (149.55). It may suggest that Universe Pharmaceuticals delayed paying its suppliers.

Universe Pharmaceuticals Days Payable Historical Data

The historical data trend for Universe Pharmaceuticals'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.

Universe Pharmaceuticals Days Payable Chart

Universe Pharmaceuticals Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

Get a 7-Day Free Trial

44.88

50.85

64.46

83.85

63.56

Universe Pharmaceuticals Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial						122.54	78.23	78.55	105.86	149.55

Competitive Comparison of Universe Pharmaceuticals's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Universe Pharmaceuticals'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.

Universe Pharmaceuticals's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Universe Pharmaceuticals's Days Payable falls into.

Universe Pharmaceuticals 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.

Universe Pharmaceuticals's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (3.075	+	4.585)	/	2 )	/	21.994	*	365
=	3.83					/	21.994	*	365
=	63.56

Universe Pharmaceuticals's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (11.239	+	4.585)	/	2 )	/	9.655	*	365 / 2
=	7.912					/	9.655	*	365 / 2
=	149.55

Universe Pharmaceuticals Days Payable Related Terms

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Universe Pharmaceuticals (Universe Pharmaceuticals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Universe Pharmaceuticals Inc (NAS:UPC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

265 Jingjiu Avenue, Economic & Technological Development Zone, Jinggangshan, Jiangxi, Ji’an, CHN

Website

http://www.universe-pharmacy.com

Universe Pharmaceuticals Inc is a pharmaceutical company specializing in the manufacturing, marketing, sales and distribution of traditional Chinese medicine derivatives products targeting the elderly with the goal of addressing their physical conditions in the ageing process and promoting their general well-being. The company also sells biomedical drugs medical instruments, Traditional Chinese Medicine Pieces, and dietary supplements manufactured by third-party pharmaceutical companies. Its products are under two categories namely treatment and relief for common chronic health conditions in the elderly designed to achieve physical wellness and longevity (Chronic Condition Treatments), and cold and flu medications.