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Lonza Group (Lonza Group) Days Payable : 30.51 (As of Dec. 2023)


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What is Lonza Group Days Payable?

Lonza Group's average Accounts Payable for the six months ended in Dec. 2023 was $541 Mil. Lonza Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $3,237 Mil. Hence, Lonza Group's Days Payable for the six months ended in Dec. 2023 was 30.51.

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

LZAGY' s Days Payable Range Over the Past 10 Years
Min: 36.16   Med: 43.46   Max: 65.79
Current: 36.16

During the past 13 years, Lonza Group's highest Days Payable was 65.79. The lowest was 36.16. And the median was 43.46.

LZAGY's Days Payable is ranked worse than
73.33% of 210 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.79 vs LZAGY: 36.16

Lonza Group's Days Payable declined from Dec. 2022 (43.55) to Dec. 2023 (30.51). It may suggest that Lonza Group accelerated paying its suppliers.

Lonza Group Days Payable Historical Data

The historical data trend for Lonza 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.

* Premium members only.

Lonza Group Days Payable Chart

Lonza Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.49 49.23 44.38 46.56 34.85

Lonza Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 48.97 51.99 43.55 42.71 30.51

Competitive Comparison of Lonza Group's Days Payable

For the Diagnostics & Research subindustry, Lonza 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.

Lonza Group's Days Payable Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Lonza Group's Days Payable distribution charts can be found below:

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


Lonza 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.

Lonza 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
=( (512.022 + 541.166) / 2 ) / 5514.57*365
=526.594 / 5514.57*365
=34.85

Lonza Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 541.166) / 1 ) / 3236.586*365 / 2
=541.166 / 3236.586*365 / 2
=30.51

* 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.

Lonza Group Days Payable Related Terms

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Lonza Group (Lonza Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Lonza Group Ltd (OTCPK:LZAGY) » Definitions » Days Payable
Comparable Companies
XSWX:EMMN XSWX:ARYN XSWX:ORON XSWX:BARN XSWX:BELL XSWX:GMI XSWX:HOCN XSWX:GALD TSE:2309 TMO DHR IQV IDXX A MTD ICLR ILMN WAT SHSE:603259 LH
Traded in Other Exchanges
LZAGF:USA LONN:Mexico LONNz:UK LO3A:Germany LONNE:Switzerland LONN:Switzerland
Address
Muenchensteinerstrasse 38, Basel, CHE, CH-4002
Website
https://www.lonza.com
Lonza Group is a contract development and manufacturing organization, or CDMO. It operates under four segments: small molecules, biologics, cell & gene, and capsules & health ingredients. Lonza derives its revenue primarily from long-term supply agreements with pharmaceutical customers. The company provides a range of development and manufacturing services throughout the entire lifecycle of a product from drug research to commercial supply. The majority of Lonza's customers are pharmaceutical and biotechnology companies, academic institutions, and government research organizations.