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SKAN Group AG (XSWX:SKAN) Days Payable : 100.15 (As of Dec. 2023)


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What is SKAN Group AG Days Payable?

SKAN Group AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF28.4 Mil. SKAN Group AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF51.7 Mil. Hence, SKAN Group AG's Days Payable for the six months ended in Dec. 2023 was 100.15.

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

XSWX:SKAN' s Days Payable Range Over the Past 10 Years
Min: 111.48   Med: 130.54   Max: 177.74
Current: 135.74

During the past 4 years, SKAN Group AG's highest Days Payable was 177.74. The lowest was 111.48. And the median was 130.54.

XSWX:SKAN's Days Payable is ranked better than
74.33% of 787 companies
in the Medical Devices & Instruments industry
Industry Median: 72.72 vs XSWX:SKAN: 135.74

SKAN Group AG's Days Payable increased from Dec. 2022 (93.61) to Dec. 2023 (100.15). It may suggest that SKAN Group AG delayed paying its suppliers.


SKAN Group AG Days Payable Historical Data

The historical data trend for SKAN Group 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.

* Premium members only.

SKAN Group AG Days Payable Chart

SKAN Group AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
177.74 123.33 111.48 137.74

SKAN Group AG Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial 65.46 87.32 93.61 199.13 100.15

Competitive Comparison of SKAN Group AG's Days Payable

For the Medical Instruments & Supplies subindustry, SKAN Group 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.


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

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

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



SKAN Group 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.

SKAN Group AG'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
=( (31.925 + 28.043) / 2 ) / 79.456*365
=29.984 / 79.456*365
=137.74

SKAN Group AG'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (28.68 + 28.043) / 2 ) / 51.684*365 / 2
=28.3615 / 51.684*365 / 2
=100.15

* 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.


SKAN Group AG Days Payable Related Terms

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SKAN Group AG (XSWX:SKAN) Business Description

Traded in Other Exchanges
Address
Kreuzstrasse 5, Allschwil, CHE, 4123
SKAN Group AG is a global market and technological company for isolators, cleanroom devices, and decontamination processes for the aseptic production of biopharmaceutical substances. Its core competency is the design and development of process isolators for the aseptic filling of biopharmaceutical products. The company offer its customers process support, services, and consumables. Its products include biological indicators, isolators, Laboratory/cleanroom equipment, laminar flow, safety workbench, and transfer system.

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