Demant A/S (Demant A/S) Days Payable

: 50.66 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

Demant A/S's average Accounts Payable for the six months ended in Dec. 2023 was $118 Mil. Demant A/S's Cost of Goods Sold for the six months ended in Dec. 2023 was $427 Mil. Hence, Demant A/S's Days Payable for the six months ended in Dec. 2023 was 50.66.

The historical rank and industry rank for Demant A/S's Days Payable or its related term are showing as below:

WILYY' s Days Payable Range Over the Past 10 Years
Min: 49.86 Med: 59.06 Max: 66.07
Current: 51.34

During the past 13 years, Demant A/S's highest Days Payable was 66.07. The lowest was 49.86. And the median was 59.06.

WILYY's Days Payable is ranked worse than
66.16% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 73.405 vs WILYY: 51.34

Demant A/S's Days Payable declined from Dec. 2022 (58.22) to Dec. 2023 (50.66). It may suggest that Demant A/S accelerated paying its suppliers.

Demant A/S Days Payable Historical Data

The historical data trend for Demant A/S'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.

Demant A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

58.64

59.54

68.58

62.59

50.76

Demant A/S 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															66.18	63.29	58.22	51.15	50.66

Competitive Comparison

For the Medical Devices subindustry, Demant A/S'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.

Demant A/S Days Payable Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Demant A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where Demant A/S's Days Payable falls into.

Demant A/S 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.

Demant A/S'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
=	( (123.168	+	116.902)	/	2 )	/	863.083	*	365
=	120.035					/	863.083	*	365
=	50.76

Demant A/S'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
=	( (120.054	+	116.902)	/	2 )	/	426.786	*	365 / 2
=	118.478					/	426.786	*	365 / 2
=	50.66

Demant A/S Days Payable Related Terms

Thank you for viewing the detailed overview of Demant A/S's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Demant A/S (Demant A/S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Demant A/S (OTCPK:WILYY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WILLF:USA DEMANc:UK 0RGT:UK DEMANT:Denmark WDH1:Germany

Address

Kongebakken 9, Smorum, DNK, 2765

Website

https://www.demant.com

Demant is a Denmark-based manufacturer and distributor of hearing solutions, such as hearing aid devices and audio diagnostic equipment. More than 80% of the company's sales come from North America and Europe.

Demant A/S (Demant A/S) Headlines

From GuruFocus

School Staff Can Activate Announcements, Lockdowns with New FrontRow Mobile App

By PRNewswire PRNewswire • 05-29-2018