Paul Hartmann AG (FRA:PHH2) Days Payable : 104.05 (As of Dec. 2023)

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What is Paul Hartmann AG Days Payable?

Paul Hartmann AG's average Accounts Payable for the six months ended in Dec. 2023 was €297 Mil. Paul Hartmann AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €520 Mil. Hence, Paul Hartmann AG's Days Payable for the six months ended in Dec. 2023 was 104.05.

The historical rank and industry rank for Paul Hartmann AG's Days Payable or its related term are showing as below:

FRA:PHH2' s Days Payable Range Over the Past 10 Years
Min: 49.81 Med: 70.01 Max: 100.23
Current: 100.23

During the past 13 years, Paul Hartmann AG's highest Days Payable was 100.23. The lowest was 49.81. And the median was 70.01.

FRA:PHH2's Days Payable is ranked better than
64.25% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs FRA:PHH2: 100.23

Paul Hartmann AG's Days Payable declined from Dec. 2022 (110.00) to Dec. 2023 (104.05). It may suggest that Paul Hartmann AG accelerated paying its suppliers.

Paul Hartmann AG Days Payable Historical Data

The historical data trend for Paul Hartmann AG'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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Paul Hartmann AG Days Payable Chart

Paul Hartmann AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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72.39

67.63

84.83

91.34

86.10

Paul Hartmann AG 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															104.01	114.86	110.00	110.58	104.05

Competitive Comparison of Paul Hartmann AG's Days Payable

For the Medical Instruments & Supplies subindustry, Paul Hartmann AG'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.

Paul Hartmann AG's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Paul Hartmann AG's Days Payable falls into.

Paul Hartmann AG 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.

Paul Hartmann AG'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
=	( (259.464	+	228.911)	/	2 )	/	1035.195	*	365
=	244.1875					/	1035.195	*	365
=	86.10

Paul Hartmann AG'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
=	( (364.429	+	228.911)	/	2 )	/	520.368	*	365 / 2
=	296.67					/	520.368	*	365 / 2
=	104.05

Paul Hartmann AG Days Payable Related Terms

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Paul Hartmann AG (FRA:PHH2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Paul Hartmann AG (FRA:PHH2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PHH2:Germany

Address

Paul-Hartmann-Strasse 12, Heidenheim, DEU, 89522

Website

http://www.hartmann.info

Paul Hartmann AG engages in the production of medical and hygiene products. It operates through Wound Management, Incontinence Management and Infection Management and other segments. The Wound segment comprises wound dressing and treatment, compression therapy, first aid, immobilization, and diagnostics. The Incontinence segment provides incontinence hygiene, patient care, and medical skin care. The Infection segment consists of custom procedure trays, surgical draping systems, disposable surgical instruments, and disinfectants. The Other activities include activities in cotton-wool products, medical consumer goods and pharmaceutical products and others. All the activities are functioned through the region of US and derive revenue through the sale of medical and hygiene products.

Executives

Eduard Schleicher	Supervisory Board
Britta Fünfstück	Board of Directors

Paul Hartmann AG (FRA:PHH2) Headlines

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