Surgical Innovations Group (LSE:SUN) Days Payable : 55.84 (As of Dec. 2023)

View and export this data going back to 1988. Start your Free Trial

What is Surgical Innovations Group Days Payable?

Surgical Innovations Group's average Accounts Payable for the six months ended in Dec. 2023 was £1.46 Mil. Surgical Innovations Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £4.78 Mil. Hence, Surgical Innovations Group's Days Payable for the six months ended in Dec. 2023 was 55.84.

The historical rank and industry rank for Surgical Innovations Group's Days Payable or its related term are showing as below:

LSE:SUN' s Days Payable Range Over the Past 10 Years
Min: 29.22 Med: 58.06 Max: 153.04
Current: 61.71

During the past 13 years, Surgical Innovations Group's highest Days Payable was 153.04. The lowest was 29.22. And the median was 58.06.

LSE:SUN's Days Payable is ranked worse than
57.43% of 787 companies
in the Medical Devices & Instruments industry
Industry Median: 72.72 vs LSE:SUN: 61.71

Surgical Innovations Group's Days Payable declined from Dec. 2022 (66.99) to Dec. 2023 (55.84). It may suggest that Surgical Innovations Group accelerated paying its suppliers.

Surgical Innovations Group Days Payable Historical Data

The historical data trend for Surgical Innovations Group'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.

* Premium members only.

Surgical Innovations Group Days Payable Chart

Surgical Innovations Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

60.14

64.06

55.98

61.75

55.16

Surgical Innovations Group 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															59.47	64.88	66.99	76.55	55.84

Competitive Comparison of Surgical Innovations Group's Days Payable

For the Medical Devices subindustry, Surgical Innovations Group'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.

Surgical Innovations Group's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Surgical Innovations Group's Days Payable falls into.

Surgical Innovations Group 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.

Surgical Innovations Group'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
=	( (1.42	+	1.169)	/	2 )	/	8.566	*	365
=	1.2945					/	8.566	*	365
=	55.16

Surgical Innovations Group'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
=	( (1.756	+	1.169)	/	2 )	/	4.78	*	365 / 2
=	1.4625					/	4.78	*	365 / 2
=	55.84

Surgical Innovations Group Days Payable Related Terms

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

Surgical Innovations Group (LSE:SUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Surgical Innovations Group PLC (LSE:SUN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Clayton Wood House, 6 Clayton Wood Bank, Leeds, GBR, LS16 6QZ

Website

https://www.sigroupplc.com

Surgical Innovations Group PLC is involved in the design, development, manufacture, and sale of devices for use in minimally invasive surgery and precision engineering markets. The group sells branded products through independent healthcare distributors across the world and own-label products through original equipment manufacturer relationships. The SI Brand segment includes research, development, manufacture, and distribution of SI branded minimally invasive devices. The OEM segment includes the research, development, manufacture, and distribution of minimally invasive devices for third-party medical device companies through either own label or co-branding. The distribution segment includes the distribution of specialist medical products.