Acrux (ASX:ACR) Days Payable : 87.58 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Acrux Days Payable?

Acrux's average Accounts Payable for the six months ended in Dec. 2023 was A$1.89 Mil. Acrux's Cost of Goods Sold for the six months ended in Dec. 2023 was A$3.93 Mil. Hence, Acrux's Days Payable for the six months ended in Dec. 2023 was 87.58.

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

ASX:ACR' s Days Payable Range Over the Past 10 Years
Min: 159.85 Med: 417.66 Max: 417.66
Current: 159.85

During the past 13 years, Acrux's highest Days Payable was 417.66. The lowest was 159.85. And the median was 417.66.

ASX:ACR's Days Payable is ranked better than
52.17% of 715 companies
in the Biotechnology industry
Industry Median: 148.78 vs ASX:ACR: 159.85

Acrux's Days Payable declined from Dec. 2022 (419.23) to Dec. 2023 (87.58). It may suggest that Acrux accelerated paying its suppliers.

Acrux Days Payable Historical Data

The historical data trend for Acrux'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.

Acrux Days Payable Chart

Acrux Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

417.66

Acrux Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															-	-	419.23	2,757.15	87.58

Competitive Comparison of Acrux's Days Payable

For the Biotechnology subindustry, Acrux'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.

Acrux's Days Payable Distribution in the Biotechnology Industry

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

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

Acrux 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.

Acrux's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.789	+	0.488)	/	2 )	/	0.558	*	365
=	0.6385					/	0.558	*	365
=	417.66

Acrux'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
=	( (0.488	+	3.282)	/	2 )	/	3.928	*	365 / 2
=	1.885					/	3.928	*	365 / 2
=	87.58

Acrux Days Payable Related Terms

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

Acrux (ASX:ACR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Acrux Ltd (ASX:ACR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ARUXF:USA FJY:Germany

Address

103-113 Stanley Street, West Melbourne, Melbourne, VIC, AUS, 3003

Website

https://www.acrux.com.au

Acrux Ltd is a pharmaceutical company dedicated to developing and commercializing generic transdermal and topical prescription pharmaceuticals. The group is formulating and developing a range of topical generic products by leveraging its skilled workforce, on-site laboratories, GMP manufacturing suite, and technical, clinical, and commercial experience to bring affordable products to market. Geographically, it has a presence in Australia; the United States; Europe, and other countries. The firm operates in a single segment and derives revenue from developing and commercializing pharmaceutical products that administer drugs topically. Its product pipeline products include Lenzetto, Evamist, Testosterone Topical Solution, and among others.