Ascendis Pharma A/S (Ascendis Pharma A/S) Days Payable : 500.70 (As of Dec. 2023)

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What is Ascendis Pharma A/S Days Payable?

Ascendis Pharma A/S's average Accounts Payable for the three months ended in Dec. 2023 was $116.4 Mil. Ascendis Pharma A/S's Cost of Goods Sold for the three months ended in Dec. 2023 was $21.2 Mil. Hence, Ascendis Pharma A/S's Days Payable for the three months ended in Dec. 2023 was 500.70.

The historical rank and industry rank for Ascendis Pharma A/S's Days Payable or its related term are showing as below:

ASND' s Days Payable Range Over the Past 10 Years
Min: 792.19 Med: 2472.17 Max: 4299
Current: 930.99

During the past 13 years, Ascendis Pharma A/S's highest Days Payable was 4299.00. The lowest was 792.19. And the median was 2472.17.

ASND's Days Payable is ranked better than
83.47% of 714 companies
in the Biotechnology industry
Industry Median: 147.95 vs ASND: 930.99

Ascendis Pharma A/S's Days Payable declined from Dec. 2022 (1,620.05) to Dec. 2023 (500.70). It may suggest that Ascendis Pharma A/S accelerated paying its suppliers.

Ascendis Pharma A/S Days Payable Historical Data

The historical data trend for Ascendis Pharma A/S'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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Ascendis Pharma A/S Days Payable Chart

Ascendis Pharma A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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4,299.00

2,472.17

792.19

Ascendis Pharma A/S Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															1,620.05	2,284.49	889.29	1,516.20	500.70

Competitive Comparison of Ascendis Pharma A/S's Days Payable

For the Biotechnology subindustry, Ascendis Pharma A/S'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.

Ascendis Pharma A/S's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Ascendis Pharma A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where Ascendis Pharma A/S's Days Payable falls into.

Ascendis Pharma A/S 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.

Ascendis Pharma A/S'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
=	( (107.025	+	103.125)	/	2 )	/	48.413	*	365
=	105.075					/	48.413	*	365
=	792.19

Ascendis Pharma A/S'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
=	( (129.725	+	103.125)	/	2 )	/	21.218	*	365 / 4
=	116.425					/	21.218	*	365 / 4
=	500.70

Ascendis Pharma A/S Days Payable Related Terms

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Ascendis Pharma A/S (Ascendis Pharma A/S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Ascendis Pharma A/S (NAS:ASND) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ASND:Mexico A71:Germany A1SN34:Brazil

Address

Tuborg Boulevard 12, Hellerup, DNK, DK-2900

Website

http://www.ascendispharma.com

Ascendis Pharma A/S is a biopharmaceutical company. It develops prodrug therapies with profiles to address large markets with unmet medical needs with its Transcon technology. The firm's product pipeline includes Transcon growth hormone, Transconpeptides, Transcon PTH, Transcon CNP, and others. It operates in North America, China, and Europe and derives the majority of its revenue from North America.