Magle Chemoswed Holding AB (FRA:52X) Days Payable : 363.46 (As of Mar. 2024)

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What is Magle Chemoswed Holding AB Days Payable?

Magle Chemoswed Holding AB's average Accounts Payable for the three months ended in Mar. 2024 was €1.18 Mil. Magle Chemoswed Holding AB's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.30 Mil. Hence, Magle Chemoswed Holding AB's Days Payable for the three months ended in Mar. 2024 was 363.46.

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

FRA:52X' s Days Payable Range Over the Past 10 Years
Min: 177.46 Med: 243.23 Max: 444.73
Current: 261.14

During the past 6 years, Magle Chemoswed Holding AB's highest Days Payable was 444.73. The lowest was 177.46. And the median was 243.23.

FRA:52X's Days Payable is ranked better than
63.8% of 721 companies
in the Biotechnology industry
Industry Median: 148.28 vs FRA:52X: 261.14

Magle Chemoswed Holding AB's Days Payable increased from Mar. 2023 (278.94) to Mar. 2024 (363.46). It may suggest that Magle Chemoswed Holding AB delayed paying its suppliers.

Magle Chemoswed Holding AB Days Payable Historical Data

The historical data trend for Magle Chemoswed Holding AB'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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Magle Chemoswed Holding AB Days Payable Chart

Magle Chemoswed Holding AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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199.61

174.44

260.60

465.22

247.25

Magle Chemoswed Holding AB 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															278.94	6,714.48	150.28	141.96	363.46

Competitive Comparison of Magle Chemoswed Holding AB's Days Payable

For the Biotechnology subindustry, Magle Chemoswed Holding AB'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.

Magle Chemoswed Holding AB's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Magle Chemoswed Holding AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Magle Chemoswed Holding AB's Days Payable falls into.

Magle Chemoswed Holding AB 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.

Magle Chemoswed Holding AB'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
=	( (0.87	+	1.131)	/	2 )	/	1.477	*	365
=	1.0005					/	1.477	*	365
=	247.25

Magle Chemoswed Holding AB'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
=	( (1.131	+	1.227)	/	2 )	/	0.296	*	365 / 4
=	1.179					/	0.296	*	365 / 4
=	363.46

Magle Chemoswed Holding AB Days Payable Related Terms

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Magle Chemoswed Holding AB (FRA:52X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Magle Chemoswed Holding AB (FRA:52X) » Definitions » Days Payable

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Traded in Other Exchanges

MAGLE:Sweden

Address

Agneslundsvagen 27, Malmo, SWE, 21215

Website

https://www.maglechemoswed.com

Magle Chemoswed Holding AB is a contract development and manufacturing organization that serves companies in the pharmaceutical and medical device industry on a contract basis. It provides comprehensive services from product development through product manufacturing. The company's products portfolio includes Warfarin sodium, Melperone hydrochloride, Isradipine, Amantadine sulfate, and Benserazide hydrochloride.

Magle Chemoswed Holding AB (FRA:52X) Headlines

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