TransMedics Group (STU:TMDX) Days Payable : 27.09 (As of Mar. 2024)

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What is TransMedics Group Days Payable?

TransMedics Group's average Accounts Payable for the three months ended in Mar. 2024 was €10.1 Mil. TransMedics Group's Cost of Goods Sold for the three months ended in Mar. 2024 was €33.9 Mil. Hence, TransMedics Group's Days Payable for the three months ended in Mar. 2024 was 27.09.

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

STU:TMDX' s Days Payable Range Over the Past 10 Years
Min: 30.17 Med: 171.33 Max: 231.25
Current: 30.17

During the past 8 years, TransMedics Group's highest Days Payable was 231.25. The lowest was 30.17. And the median was 171.33.

STU:TMDX's Days Payable is ranked worse than
85.5% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 73.005 vs STU:TMDX: 30.17

TransMedics Group's Days Payable declined from Mar. 2023 (27.49) to Mar. 2024 (27.09). It may suggest that TransMedics Group accelerated paying its suppliers.

TransMedics Group Days Payable Historical Data

The historical data trend for TransMedics 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.

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TransMedics Group Days Payable Chart

TransMedics Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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222.13

185.26

155.79

62.00

33.69

TransMedics Group 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															27.49	33.11	34.99	35.45	27.09

Competitive Comparison of TransMedics Group's Days Payable

For the Medical Devices subindustry, TransMedics 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.

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

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

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

TransMedics 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.

TransMedics 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
=	( (3.154	+	11.661)	/	2 )	/	80.265	*	365
=	7.4075					/	80.265	*	365
=	33.69

TransMedics Group'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
=	( (11.661	+	8.487)	/	2 )	/	33.937	*	365 / 4
=	10.074					/	33.937	*	365 / 4
=	27.09

TransMedics Group Days Payable Related Terms

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TransMedics Group (STU:TMDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » TransMedics Group Inc (STU:TMDX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TMDX:USA 8T8:Germany

Address

200 Minuteman Road, Andover, MA, USA, 01810

Website

https://www.transmedics.com

TransMedics Group Inc is a commercial-stage medical technology company transforming organ transplant therapy for end-stage organ failure patients across multiple disease states. It has developed the Organ Care System(OCS) to comprehensively address the limitations of cold storage. The OCS is a portable organ perfusion, optimization and monitoring system that utilizes technology to replicate near-physiologic conditions for donor organs outside of the human body.