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MedservRegis (MAL:MDS) Days Payable : 59.65 (As of Jun. 2023)


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What is MedservRegis Days Payable?

MedservRegis's average Accounts Payable for the six months ended in Jun. 2023 was €7.76 Mil. MedservRegis's Cost of Goods Sold for the six months ended in Jun. 2023 was €23.75 Mil. Hence, MedservRegis's Days Payable for the six months ended in Jun. 2023 was 59.65.

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

MAL:MDS' s Days Payable Range Over the Past 10 Years
Min: 32.23   Med: 58.42   Max: 159.48
Current: 50.97

During the past 13 years, MedservRegis's highest Days Payable was 159.48. The lowest was 32.23. And the median was 58.42.

MAL:MDS's Days Payable is ranked worse than
55.95% of 899 companies
in the Oil & Gas industry
Industry Median: 59.45 vs MAL:MDS: 50.97

MedservRegis's Days Payable declined from Jun. 2022 (65.33) to Jun. 2023 (59.65). It may suggest that MedservRegis accelerated paying its suppliers.


MedservRegis Days Payable Historical Data

The historical data trend for MedservRegis'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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MedservRegis Days Payable Chart

MedservRegis Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.59 32.23 159.48 34.73 41.82

MedservRegis Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 195.51 40.31 65.33 45.40 59.65

Competitive Comparison of MedservRegis's Days Payable

For the Oil & Gas Equipment & Services subindustry, MedservRegis'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.


MedservRegis's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MedservRegis's Days Payable distribution charts can be found below:

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



MedservRegis 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.

MedservRegis's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (4.417 + 8.44) / 2 ) / 56.109*365
=6.4285 / 56.109*365
=41.82

MedservRegis's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (8.44 + 7.086) / 2 ) / 23.752*365 / 2
=7.763 / 23.752*365 / 2
=59.65

* 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.


MedservRegis Days Payable Related Terms

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MedservRegis (MAL:MDS) Business Description

Traded in Other Exchanges
N/A
Address
Malta Freeport, Port of Marsaxlokk, Birzebbugia, MLT, BBG 3011
MedservRegis Plc formerly Medserv PLC is engaged in providing shore base logistics to the offshore oil and gas industry and engineering and supply chain management for oil country tubular goods (OCTG) to support the onshore oil and gas industry. Its segment includes Integrated logistics support services; Oil country tubular goods; Trading activity and Photovoltaic farms. The company generates maximum revenue from the Integrated logistics support services segment that Includes the provision of comprehensive logistical support services to the offshore oil and gas industry from the group's bases in Malta, Cyprus, Egypt, South America, and Africa.

MedservRegis (MAL:MDS) Headlines

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