Sartorius Stedim Biotech (Sartorius Stedim Biotech) Days Payable : 66.41 (As of Dec. 2023)

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What is Sartorius Stedim Biotech Days Payable?

Sartorius Stedim Biotech's average Accounts Payable for the three months ended in Dec. 2023 was $360 Mil. Sartorius Stedim Biotech's Cost of Goods Sold for the three months ended in Dec. 2023 was $495 Mil. Hence, Sartorius Stedim Biotech's Days Payable for the three months ended in Dec. 2023 was 66.41.

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

SDMHF' s Days Payable Range Over the Past 10 Years
Min: 38.6 Med: 58.51 Max: 85.91
Current: 85.91

During the past 13 years, Sartorius Stedim Biotech's highest Days Payable was 85.91. The lowest was 38.60. And the median was 58.51.

SDMHF's Days Payable is ranked better than
58.4% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs SDMHF: 85.91

Sartorius Stedim Biotech's Days Payable declined from Dec. 2022 (77.43) to Dec. 2023 (66.41). It may suggest that Sartorius Stedim Biotech accelerated paying its suppliers.

Sartorius Stedim Biotech Days Payable Historical Data

The historical data trend for Sartorius Stedim Biotech'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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Sartorius Stedim Biotech Days Payable Chart

Sartorius Stedim Biotech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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72.59

56.69

60.12

56.46

59.19

Sartorius Stedim Biotech Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															77.43	91.15	115.75	101.58	66.41

Competitive Comparison of Sartorius Stedim Biotech's Days Payable

For the Medical Instruments & Supplies subindustry, Sartorius Stedim Biotech'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.

Sartorius Stedim Biotech's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sartorius Stedim Biotech's Days Payable distribution charts can be found below:

* The bar in red indicates where Sartorius Stedim Biotech's Days Payable falls into.

Sartorius Stedim Biotech 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.

Sartorius Stedim Biotech'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
=	( (265.042	+	280.371)	/	2 )	/	1681.571	*	365
=	272.7065					/	1681.571	*	365
=	59.19

Sartorius Stedim Biotech'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (439.808	+	280.371)	/	2 )	/	494.765	*	365 / 4
=	360.0895					/	494.765	*	365 / 4
=	66.41

Sartorius Stedim Biotech Days Payable Related Terms

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Sartorius Stedim Biotech (Sartorius Stedim Biotech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sartorius Stedim Biotech SA (OTCPK:SDMHF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SRTOY:USA DIM:Mexico DIMp:UK 0RG8:UK DIM:France 56S1:Germany

Address

Otto-Brenner-Strasse 20, Goettingen, DEU, 37079

Website

https://www.sartorius.com

Sartorius Stedim Biotech, or SSB, is a leading provider of bioprocessing solutions. Its sells equipment and consumables for fermentation, filtration, fluid management, purification, and cell culture media for manufacturing biologic drugs, and has a focus on single-use technology, or SUT. It is a subsidiary of Sartorius AG, which has a 74% ownership and 85% voting control. The business is geographically diverse.