PMD Device Solutions AB (OSTO:PMDS) Days Payable : 804.24 (As of Mar. 2024)

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What is PMD Device Solutions AB Days Payable?

PMD Device Solutions AB's average Accounts Payable for the three months ended in Mar. 2024 was kr20.70 Mil. PMD Device Solutions AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr2.35 Mil. Hence, PMD Device Solutions AB's Days Payable for the three months ended in Mar. 2024 was 804.24.

The historical rank and industry rank for PMD Device Solutions AB's Days Payable or its related term are showing as below:

OSTO:PMDS' s Days Payable Range Over the Past 10 Years
Min: 35.23 Med: 86.26 Max: 645.95
Current: 645.95

During the past 8 years, PMD Device Solutions AB's highest Days Payable was 645.95. The lowest was 35.23. And the median was 86.26.

OSTO:PMDS's Days Payable is ranked better than
93.11% of 784 companies
in the Medical Devices & Instruments industry
Industry Median: 72.505 vs OSTO:PMDS: 645.95

PMD Device Solutions AB's Days Payable increased from Mar. 2023 (101.11) to Mar. 2024 (804.24). It may suggest that PMD Device Solutions AB delayed paying its suppliers.

PMD Device Solutions AB Days Payable Historical Data

The historical data trend for PMD Device Solutions AB'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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PMD Device Solutions AB Days Payable Chart

PMD Device Solutions AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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121.70

132.81

59.89

99.86

PMD Device Solutions AB 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															101.11	81.36	66.52	-	804.24

Competitive Comparison of PMD Device Solutions AB's Days Payable

For the Medical Devices subindustry, PMD Device Solutions AB'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.

PMD Device Solutions AB's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PMD Device Solutions AB's Days Payable distribution charts can be found below:

* The bar in red indicates where PMD Device Solutions AB's Days Payable falls into.

PMD Device Solutions AB 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.

PMD Device Solutions AB'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
=	( (4.722	+	20.065)	/	2 )	/	0	*	365
=	12.3935					/	0	*	365
=	N/A

PMD Device Solutions AB'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
=	( (20.065	+	21.341)	/	2 )	/	2.349	*	365 / 4
=	20.703					/	2.349	*	365 / 4
=	804.24

PMD Device Solutions AB Days Payable Related Terms

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PMD Device Solutions AB (OSTO:PMDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » PMD Device Solutions AB (OSTO:PMDS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8T0:Germany

Address

Fogdevreten 2, Solna, SWE, SE-171 65

Website

https://www.promorepharma.com

PMD Device Solutions AB develops and sells medical products for respiratory monitoring in both the hospital and homecare setting. Its primary product is RespiraSense, a solution used for monitoring respiratory rate to detect deterioration of a patient's general condition early and to avoid preventable respiratory failure and adverse patient outcomes. RespiraSense is, to the Company's knowledge, the world's only continuous, motion-tolerant respiratory rate monitor delivering class-leading reliability in measuring respiratory rate. RespiraSense is a novel technology that is commercialised in Europe, the UK, and FDA-cleared in the US.

PMD Device Solutions AB (OSTO:PMDS) Headlines

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