Vanda Pharmaceuticals (FRA:VM4) Days Payable : 152.04 (As of Mar. 2024)

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What is Vanda Pharmaceuticals Days Payable?

Vanda Pharmaceuticals's average Accounts Payable for the three months ended in Mar. 2024 was €5.3 Mil. Vanda Pharmaceuticals's Cost of Goods Sold for the three months ended in Mar. 2024 was €3.2 Mil. Hence, Vanda Pharmaceuticals's Days Payable for the three months ended in Mar. 2024 was 152.04.

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

FRA:VM4' s Days Payable Range Over the Past 10 Years
Min: 14.06 Med: 102.33 Max: 244.65
Current: 113.58

During the past 13 years, Vanda Pharmaceuticals's highest Days Payable was 244.65. The lowest was 14.06. And the median was 102.33.

FRA:VM4's Days Payable is ranked worse than
50.63% of 719 companies
in the Biotechnology industry
Industry Median: 147.29 vs FRA:VM4: 113.58

Vanda Pharmaceuticals's Days Payable declined from Mar. 2023 (158.88) to Mar. 2024 (152.04). It may suggest that Vanda Pharmaceuticals accelerated paying its suppliers.

Vanda Pharmaceuticals Days Payable Historical Data

The historical data trend for Vanda Pharmaceuticals'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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Vanda Pharmaceuticals Days Payable Chart

Vanda Pharmaceuticals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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16.38

13.53

101.89

249.26

Vanda Pharmaceuticals 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															158.88	78.42	83.79	141.20	152.04

Competitive Comparison of Vanda Pharmaceuticals's Days Payable

For the Biotechnology subindustry, Vanda Pharmaceuticals'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.

Vanda Pharmaceuticals's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Vanda Pharmaceuticals's Days Payable distribution charts can be found below:

* The bar in red indicates where Vanda Pharmaceuticals's Days Payable falls into.

Vanda Pharmaceuticals 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.

Vanda Pharmaceuticals'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
=	( (11.979	+	6.552)	/	2 )	/	13.568	*	365
=	9.2655					/	13.568	*	365
=	249.26

Vanda Pharmaceuticals'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
=	( (6.552	+	3.995)	/	2 )	/	3.165	*	365 / 4
=	5.2735					/	3.165	*	365 / 4
=	152.04

Vanda Pharmaceuticals Days Payable Related Terms

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Vanda Pharmaceuticals (FRA:VM4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Vanda Pharmaceuticals Inc (FRA:VM4) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VNDA:USA VM4:Germany

Address

2200 Pennsylvania Avenue NW, Suite 300 E, Washington, DC, USA, 20037

Website

https://www.vandapharma.com

Vanda Pharmaceuticals Inc is a biopharmaceutical company engaged in the development and commercialization of therapies to address high unmet medical needs and improve the lives of patients. Its commercial portfolio comprises two products, HETLIOZ for the treatment of Non-24-Hour Sleep-Wake Disorder (Non-24) & nighttime sleep disturbances in Smith-Magenis Syndrome (SMS) and Fanapt for the treatment of schizophrenia. Its other products include VHX-896 and ASO Molecules. The majority of revenue is derived from HETLIOZ product sales.

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