Mercator Medical (FRA:MM2) Days Payable : 45.44 (As of Sep. 2023)

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What is Mercator Medical Days Payable?

Mercator Medical's average Accounts Payable for the three months ended in Sep. 2023 was €11.6 Mil. Mercator Medical's Cost of Goods Sold for the three months ended in Sep. 2023 was €23.2 Mil. Hence, Mercator Medical's Days Payable for the three months ended in Sep. 2023 was 45.44.

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

FRA:MM2' s Days Payable Range Over the Past 10 Years
Min: 27.58 Med: 52.78 Max: 84.36
Current: 34.42

During the past 11 years, Mercator Medical's highest Days Payable was 84.36. The lowest was 27.58. And the median was 52.78.

FRA:MM2's Days Payable is ranked worse than
81.78% of 785 companies
in the Medical Devices & Instruments industry
Industry Median: 73.19 vs FRA:MM2: 34.42

Mercator Medical's Days Payable increased from Sep. 2022 (29.46) to Sep. 2023 (45.44). It may suggest that Mercator Medical delayed paying its suppliers.

Mercator Medical Days Payable Historical Data

The historical data trend for Mercator Medical'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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Mercator Medical Days Payable Chart

Mercator Medical Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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84.36

73.03

53.72

27.58

37.32

Mercator Medical Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															29.46	29.43	32.23	26.35	45.44

Competitive Comparison of Mercator Medical's Days Payable

For the Medical Instruments & Supplies subindustry, Mercator Medical'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.

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

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

* The bar in red indicates where Mercator Medical's Days Payable falls into.

Mercator Medical 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.

Mercator Medical's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (13.07	+	8.188)	/	2 )	/	103.943	*	365
=	10.629					/	103.943	*	365
=	37.32

Mercator Medical'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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (9.546	+	13.596)	/	2 )	/	23.238	*	365 / 4
=	11.571					/	23.238	*	365 / 4
=	45.44

Mercator Medical Days Payable Related Terms

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

Mercator Medical (FRA:MM2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Mercator Medical SA (FRA:MM2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MRC:Poland

Address

Ulica H. Modrzejewska 30, Krakow, POL, 31-327

Website

http://www.mercatormedical.eu

Mercator Medical SA produces and sells medical gloves and distributor of medical disposables. The company's products - mainly gloves, dressings, disposable clothing and surgical drapes. It operates in Europe and Russia.

Mercator Medical (FRA:MM2) Headlines

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