Austco Healthcare (ASX:AHC) Days Payable : 151.25 (As of Dec. 2023)

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What is Austco Healthcare Days Payable?

Austco Healthcare's average Accounts Payable for the six months ended in Dec. 2023 was A$9.11 Mil. Austco Healthcare's Cost of Goods Sold for the six months ended in Dec. 2023 was A$11.00 Mil. Hence, Austco Healthcare's Days Payable for the six months ended in Dec. 2023 was 151.25.

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

ASX:AHC' s Days Payable Range Over the Past 10 Years
Min: 76.21 Med: 107.97 Max: 162.98
Current: 162.98

During the past 13 years, Austco Healthcare's highest Days Payable was 162.98. The lowest was 76.21. And the median was 107.97.

ASX:AHC's Days Payable is ranked better than
79.09% of 789 companies
in the Medical Devices & Instruments industry
Industry Median: 73.02 vs ASX:AHC: 162.98

Austco Healthcare's Days Payable declined from Dec. 2022 (166.75) to Dec. 2023 (151.25). It may suggest that Austco Healthcare accelerated paying its suppliers.

Austco Healthcare Days Payable Historical Data

The historical data trend for Austco Healthcare'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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Austco Healthcare Days Payable Chart

Austco Healthcare Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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104.99

94.39

76.21

110.94

140.79

Austco Healthcare 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															103.80	111.96	166.75	165.34	151.25

Competitive Comparison of Austco Healthcare's Days Payable

For the Medical Instruments & Supplies subindustry, Austco Healthcare'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.

Austco Healthcare's Days Payable Distribution in the Medical Devices & Instruments Industry

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

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

Austco Healthcare 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.

Austco Healthcare's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (6.737	+	8.34)	/	2 )	/	19.544	*	365
=	7.5385					/	19.544	*	365
=	140.79

Austco Healthcare'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
=	( (8.34	+	9.886)	/	2 )	/	10.996	*	365 / 2
=	9.113					/	10.996	*	365 / 2
=	151.25

Austco Healthcare Days Payable Related Terms

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Austco Healthcare (ASX:AHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Austco Healthcare Ltd (ASX:AHC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Sabre Drive, Unit 1, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

https://www.austco.com

Austco Healthcare Ltd engages in the development and provision of electronic communications and clinical management solutions. It offers Tacera, a nurse call, and healthcare communication system for healthcare professionals and patient. The group is segmented into four geographic regions consisting of Australia/New Zealand, Asia, Europe, and North America.

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