Sonova Holding AG (Sonova Holding AG) Days Payable : 61.22 (As of Sep. 2023)

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What is Sonova Holding AG Days Payable?

Sonova Holding AG's average Accounts Payable for the six months ended in Sep. 2023 was $187 Mil. Sonova Holding AG's Cost of Goods Sold for the six months ended in Sep. 2023 was $557 Mil. Hence, Sonova Holding AG's Days Payable for the six months ended in Sep. 2023 was 61.22.

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

SONVF' s Days Payable Range Over the Past 10 Years
Min: 39.5 Med: 45.24 Max: 63.34
Current: 57.32

During the past 13 years, Sonova Holding AG's highest Days Payable was 63.34. The lowest was 39.50. And the median was 45.24.

SONVF's Days Payable is ranked worse than
61.58% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs SONVF: 57.32

Sonova Holding AG's Days Payable increased from Sep. 2022 (56.09) to Sep. 2023 (61.22). It may suggest that Sonova Holding AG delayed paying its suppliers.

Sonova Holding AG Days Payable Historical Data

The historical data trend for Sonova Holding AG'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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Sonova Holding AG Days Payable Chart

Sonova Holding AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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45.10

44.43

51.19

59.07

63.20

Sonova Holding AG Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															40.13	51.78	56.09	56.56	61.22

Competitive Comparison of Sonova Holding AG's Days Payable

For the Medical Devices subindustry, Sonova Holding AG'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.

Sonova Holding AG's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sonova Holding AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Sonova Holding AG's Days Payable falls into.

Sonova Holding AG 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.

Sonova Holding AG's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (203.572	+	208.428)	/	2 )	/	1189.627	*	365
=	206					/	1189.627	*	365
=	63.20

Sonova Holding AG'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
=	( (208.428	+	165.518)	/	2 )	/	557.359	*	365 / 2
=	186.973					/	557.359	*	365 / 2
=	61.22

Sonova Holding AG Days Payable Related Terms

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Sonova Holding AG (Sonova Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sonova Holding AG (OTCPK:SONVF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SONVY:USA SOONz:UK 0QPY:UK PHBA:Germany SOON:Switzerland

Address

Laubisrutistrasse 28, Stafa, CHE, CH-8712

Website

https://www.sonova.com

Sonova is one of the world's largest manufacturers and distributors of hearing aids. The company is based in Switzerland and distributes its products in more than 100 countries through its internal sales team and independent retailers. It also sells cochlear implants through its advanced bionics subsidiary and recently acquired Sennheiser's consumer division to expand into audio technologies.