GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ScandiDos AB (OSTO:SDOS) » Definitions » Days Payable

ScandiDos AB (OSTO:SDOS) Days Payable : 53.07 (As of Jan. 2024)


View and export this data going back to 2014. Start your Free Trial

What is ScandiDos AB Days Payable?

ScandiDos AB's average Accounts Payable for the three months ended in Jan. 2024 was kr2.15 Mil. ScandiDos AB's Cost of Goods Sold for the three months ended in Jan. 2024 was kr3.70 Mil. Hence, ScandiDos AB's Days Payable for the three months ended in Jan. 2024 was 53.07.

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

OSTO:SDOS' s Days Payable Range Over the Past 10 Years
Min: 53.21   Med: 99.21   Max: 237.24
Current: 70.44

During the past 13 years, ScandiDos AB's highest Days Payable was 237.24. The lowest was 53.21. And the median was 99.21.

OSTO:SDOS's Days Payable is ranked worse than
52.04% of 784 companies
in the Medical Devices & Instruments industry
Industry Median: 72.505 vs OSTO:SDOS: 70.44

ScandiDos AB's Days Payable declined from Jan. 2023 (82.42) to Jan. 2024 (53.07). It may suggest that ScandiDos AB accelerated paying its suppliers.


ScandiDos AB Days Payable Historical Data

The historical data trend for ScandiDos 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.

* Premium members only.

ScandiDos AB Days Payable Chart

ScandiDos AB Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.91 68.31 95.33 106.87 122.90

ScandiDos AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 82.42 114.37 68.85 77.68 53.07

Competitive Comparison of ScandiDos AB's Days Payable

For the Medical Devices subindustry, ScandiDos 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.


ScandiDos AB's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where ScandiDos AB's Days Payable falls into.



ScandiDos 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.

ScandiDos AB's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

Days Payable (A: Apr. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2022 ) + Accounts Payable (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (2.81 + 2.984) / 2 ) / 8.604*365
=2.897 / 8.604*365
=122.90

ScandiDos AB's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (2.887 + 1.417) / 2 ) / 3.7*365 / 4
=2.152 / 3.7*365 / 4
=53.07

* 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.


ScandiDos AB Days Payable Related Terms

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


ScandiDos AB (OSTO:SDOS) Business Description

Traded in Other Exchanges
Address
Uppsala Science Park, Uppsala, SWE, S-751 83
ScandiDos AB is a Sweden based company involved in providing Radiation Therapy. It provides measurement systems and software that are designed for QA and validation of treatments that are being implemented in clinics around the world.

ScandiDos AB (OSTO:SDOS) Headlines

No Headlines