Integrated Diagnostics Holdings (Integrated Diagnostics Holdings) Days Payable : 48.00 (As of Jun. 2023)

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What is Integrated Diagnostics Holdings Days Payable?

Integrated Diagnostics Holdings's average Accounts Payable for the three months ended in Jun. 2023 was $10.6 Mil. Integrated Diagnostics Holdings's Cost of Goods Sold for the three months ended in Jun. 2023 was $20.2 Mil. Hence, Integrated Diagnostics Holdings's Days Payable for the three months ended in Jun. 2023 was 48.00.

The historical rank and industry rank for Integrated Diagnostics Holdings's Days Payable or its related term are showing as below:

IDGXF' s Days Payable Range Over the Past 10 Years
Min: 36.87 Med: 49.39 Max: 98.74
Current: 43.34

During the past 12 years, Integrated Diagnostics Holdings's highest Days Payable was 98.74. The lowest was 36.87. And the median was 49.39.

IDGXF's Days Payable is ranked worse than
68.45% of 206 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.79 vs IDGXF: 43.34

Integrated Diagnostics Holdings's Days Payable declined from Jun. 2022 (52.06) to Jun. 2023 (48.00). It may suggest that Integrated Diagnostics Holdings accelerated paying its suppliers.

Integrated Diagnostics Holdings Days Payable Historical Data

The historical data trend for Integrated Diagnostics Holdings'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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Integrated Diagnostics Holdings Days Payable Chart

Integrated Diagnostics Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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45.83

44.36

36.87

64.55

42.86

Integrated Diagnostics Holdings Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															42.45	48.21	47.48	48.00	-

Competitive Comparison of Integrated Diagnostics Holdings's Days Payable

For the Diagnostics & Research subindustry, Integrated Diagnostics Holdings'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.

Integrated Diagnostics Holdings's Days Payable Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Integrated Diagnostics Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Integrated Diagnostics Holdings's Days Payable falls into.

Integrated Diagnostics Holdings 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.

Integrated Diagnostics Holdings'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
=	( (10.951	+	8.791)	/	2 )	/	84.053	*	365
=	9.871					/	84.053	*	365
=	42.86

Integrated Diagnostics Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (9.01	+	12.218)	/	2 )	/	20.176	*	365 / 4
=	10.614					/	20.176	*	365 / 4
=	48.00

Integrated Diagnostics Holdings Days Payable Related Terms

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Integrated Diagnostics Holdings (Integrated Diagnostics Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Integrated Diagnostics Holdings PLC (OTCPK:IDGXF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IDHCl:UK IDHC:UK IDHC.CA:Egypt 8I8:Germany

Address

12 Castle Street, Saint Helier, JEY, JE2 3RT

Website

https://www.idhcorp.com

Integrated Diagnostics Holdings PLC is active in the healthcare sector. It is a fully integrated diagnostics service provider. It is a fully integrated diagnostics service provider operating through brands such as Al Borg and Al Mokhtabar in Egypt, as well as Biolab in Jordan and Ultralab and Al Mokhtabar Sudan in Sudan. The company specializes in diagnostic tests, ranging from basic tests, such as glucose testing for diabetes, to molecular tests for hepatitis and specialized DNA tests. The company operates in two segment- Contract Segment and Walk-in Segment. It derives majority of its revenue from services offered in Egypt.

Integrated Diagnostics Holdings (Integrated Diagnostics Holdings) Headlines

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