Intelligent Bio Solutions (FRA:12Q0) Days Payable : 274.67 (As of Mar. 2024)

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What is Intelligent Bio Solutions Days Payable?

Intelligent Bio Solutions's average Accounts Payable for the three months ended in Mar. 2024 was €1.79 Mil. Intelligent Bio Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.59 Mil. Hence, Intelligent Bio Solutions's Days Payable for the three months ended in Mar. 2024 was 274.67.

The historical rank and industry rank for Intelligent Bio Solutions's Days Payable or its related term are showing as below:

FRA:12Q0' s Days Payable Range Over the Past 10 Years
Min: 308.94 Med: 375.2 Max: 375.2
Current: 308.94

During the past 7 years, Intelligent Bio Solutions's highest Days Payable was 375.20. The lowest was 308.94. And the median was 375.20.

FRA:12Q0's Days Payable is ranked better than
87.72% of 790 companies
in the Medical Devices & Instruments industry
Industry Median: 72.905 vs FRA:12Q0: 308.94

Intelligent Bio Solutions's Days Payable increased from Mar. 2023 (156.92) to Mar. 2024 (274.67). It may suggest that Intelligent Bio Solutions delayed paying its suppliers.

Intelligent Bio Solutions Days Payable Historical Data

The historical data trend for Intelligent Bio Solutions'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.

Intelligent Bio Solutions Days Payable Chart

Intelligent Bio Solutions Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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378.83

Intelligent Bio Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															156.92	192.56	388.46	441.04	274.67

Competitive Comparison of Intelligent Bio Solutions's Days Payable

For the Medical Devices subindustry, Intelligent Bio Solutions'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.

Intelligent Bio Solutions's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Intelligent Bio Solutions's Days Payable falls into.

Intelligent Bio Solutions 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.

Intelligent Bio Solutions'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
=	( (0.677	+	1.104)	/	2 )	/	0.858	*	365
=	0.8905					/	0.858	*	365
=	378.83

Intelligent Bio Solutions's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1.617	+	1.959)	/	2 )	/	0.594	*	365 / 4
=	1.788					/	0.594	*	365 / 4
=	274.67

Intelligent Bio Solutions Days Payable Related Terms

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Intelligent Bio Solutions (FRA:12Q0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Intelligent Bio Solutions Inc (FRA:12Q0) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

INBS:USA 12Q:Germany

Address

57th Street, 142 West, 11th Floor, New York, NY, USA, 10019

Website

https://www.gbs.inc

Intelligent Bio Solutions Inc is a life sciences company developing non-invasive, real-time monitoring and diagnostic tests for patients and their primary health practitioners. Its Biosensor Platform is developing and launching diagnostic tests urgently needed to help people living with chronic diseases. It also engages in the advancement of portable drug abuse testing through the analysis of fingerprint sweat. The test is non-invasive, hygienic, and fast, and screens for recent use of opioids, cocaine, methamphetamines, benzodiazepines, and marijuana.

Intelligent Bio Solutions (FRA:12Q0) Headlines

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