ASEP Medical Holdings (XCNQ:ASEP) Days Payable : 814.05 (As of Dec. 2023)

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What is ASEP Medical Holdings Days Payable?

ASEP Medical Holdings's average Accounts Payable for the three months ended in Dec. 2023 was C$0.68 Mil. ASEP Medical Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.08 Mil. Hence, ASEP Medical Holdings's Days Payable for the three months ended in Dec. 2023 was 814.05.

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

XCNQ:ASEP' s Days Payable Range Over the Past 10 Years
Min: 791.23 Med: 1630.33 Max: 7508.57
Current: 1618.35

During the past 3 years, ASEP Medical Holdings's highest Days Payable was 7508.57. The lowest was 791.23. And the median was 1630.33.

XCNQ:ASEP's Days Payable is ranked better than
87.85% of 724 companies
in the Biotechnology industry
Industry Median: 148.12 vs XCNQ:ASEP: 1618.35

ASEP Medical Holdings's Days Payable increased from Dec. 2022 (810.26) to Dec. 2023 (814.05). It may suggest that ASEP Medical Holdings delayed paying its suppliers.

ASEP Medical Holdings Days Payable Historical Data

The historical data trend for ASEP Medical Holdings'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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ASEP Medical Holdings Days Payable Chart

ASEP Medical Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

7,508.57

791.23

1,630.33

ASEP Medical Holdings Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial							810.26	6,882.86	-	-	814.05

Competitive Comparison of ASEP Medical Holdings's Days Payable

For the Biotechnology subindustry, ASEP Medical Holdings'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.

ASEP Medical Holdings's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, ASEP Medical Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where ASEP Medical Holdings's Days Payable falls into.

ASEP Medical Holdings 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.

ASEP Medical Holdings'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
=	( (0.528	+	0.678)	/	2 )	/	0.135	*	365
=	0.603					/	0.135	*	365
=	1,630.33

ASEP Medical Holdings'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0.678)	/	1 )	/	0.076	*	365 / 4
=	0.678					/	0.076	*	365 / 4
=	814.05

ASEP Medical Holdings Days Payable Related Terms

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ASEP Medical Holdings (XCNQ:ASEP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » ASEP Medical Holdings Inc (XCNQ:ASEP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SEPSF:USA JJ8:Germany

Address

730 View Street, Suite 420, Victoria, BC, CAN, V8W 3Y7

Website

https://www.asepmedical.com

ASEP Medical Holdings Inc is a biotechnology firm pursuing the commercialization of broad-spectrum peptide technology. The Company is dedicated to addressing the global issue of antibiotic failure by developing novel solutions for significant unmet medical needs in human medicine and is engaged in the business of acquiring research and development assets, technology, or businesses in life sciences and medical diagnostics.

Executives

Murphy Enterprises Inc.

Director

ASEP Medical Holdings (XCNQ:ASEP) Headlines

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