MeVis Medical Solutions AG (LTS:0HI7) Days Payable : 37.35 (As of Sep. 2023)

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What is MeVis Medical Solutions AG Days Payable?

MeVis Medical Solutions AG's average Accounts Payable for the six months ended in Sep. 2023 was €0.05 Mil. MeVis Medical Solutions AG's Cost of Goods Sold for the six months ended in Sep. 2023 was €0.24 Mil. Hence, MeVis Medical Solutions AG's Days Payable for the six months ended in Sep. 2023 was 37.35.

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

LTS:0HI7' s Days Payable Range Over the Past 10 Years
Min: 15.97 Med: 124.9 Max: 631.29
Current: 79.29

During the past 13 years, MeVis Medical Solutions AG's highest Days Payable was 631.29. The lowest was 15.97. And the median was 124.90.

LTS:0HI7's Days Payable is ranked better than
60.78% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 62.09 vs LTS:0HI7: 79.29

MeVis Medical Solutions AG's Days Payable declined from Sep. 2022 (45.54) to Sep. 2023 (37.35). It may suggest that MeVis Medical Solutions AG accelerated paying its suppliers.

MeVis Medical Solutions AG Days Payable Historical Data

The historical data trend for MeVis Medical Solutions 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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MeVis Medical Solutions AG Days Payable Chart

MeVis Medical Solutions AG Annual Data

Trend

Dec13

Dec14

Dec15

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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15.97

30.32

139.07

105.79

110.73

MeVis Medical Solutions AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															70.52	151.93	45.54	93.44	37.35

Competitive Comparison of MeVis Medical Solutions AG's Days Payable

For the Health Information Services subindustry, MeVis Medical Solutions 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.

MeVis Medical Solutions AG's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MeVis Medical Solutions AG's Days Payable distribution charts can be found below:

* The bar in red indicates where MeVis Medical Solutions AG's Days Payable falls into.

MeVis Medical Solutions 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.

MeVis Medical Solutions AG's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0.193	+	0.077)	/	2 )	/	0.445	*	365
=	0.135					/	0.445	*	365
=	110.73

MeVis Medical Solutions AG'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: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.02	+	0.077)	/	2 )	/	0.237	*	365 / 2
=	0.0485					/	0.237	*	365 / 2
=	37.35

MeVis Medical Solutions AG Days Payable Related Terms

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MeVis Medical Solutions AG (LTS:0HI7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MeVis Medical Solutions AG (LTS:0HI7) » Definitions » Days Payable

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Traded in Other Exchanges

M3V:Germany

Address

Caroline-Herschel-Strasse 1, Bremen, DEU, 28359

Website

http://www.mevis.de

MeVis Medical Solutions AG is a provider of medical software products. The company markets its products to equipment manufacturer of medical devices and providers of medical information technology platforms. Its segment includes Digital mammography and Other diagnostics. The Digital mammography segment develops and markets software products which assist in breast diagnostic imaging and intervention. Its Other diagnostics segment consists of digital radiology products. In addition, it also provides the general analysis of radiology images. The company's geographical area of operations includes the United States of America and Europe.

MeVis Medical Solutions AG (LTS:0HI7) Headlines

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