PharmX Technologies (ASX:PHX) Days Payable : 344.66 (As of Dec. 2023)

View and export this data going back to 1973. Start your Free Trial

What is PharmX Technologies Days Payable?

PharmX Technologies's average Accounts Payable for the six months ended in Dec. 2023 was A$1.15 Mil. PharmX Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.61 Mil. Hence, PharmX Technologies's Days Payable for the six months ended in Dec. 2023 was 344.66.

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

ASX:PHX' s Days Payable Range Over the Past 10 Years
Min: 59.68 Med: 102.1 Max: 707.21
Current: 707.21

During the past 13 years, PharmX Technologies's highest Days Payable was 707.21. The lowest was 59.68. And the median was 102.10.

ASX:PHX's Days Payable is ranked better than
94.74% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 61.58 vs ASX:PHX: 707.21

PharmX Technologies's Days Payable declined from Dec. 2022 (495.29) to Dec. 2023 (344.66). It may suggest that PharmX Technologies accelerated paying its suppliers.

PharmX Technologies Days Payable Historical Data

The historical data trend for PharmX Technologies'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.

PharmX Technologies Days Payable Chart

PharmX Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

165.88

144.42

75.07

166.45

227.90

PharmX Technologies 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															446.99	713.06	495.29	967.62	344.66

Competitive Comparison of PharmX Technologies's Days Payable

For the Health Information Services subindustry, PharmX Technologies'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.

PharmX Technologies's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PharmX Technologies's Days Payable distribution charts can be found below:

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

PharmX Technologies 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.

PharmX Technologies'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
=	( (0.841	+	0.67)	/	2 )	/	1.21	*	365
=	0.7555					/	1.21	*	365
=	227.90

PharmX Technologies'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
=	( (0.67	+	1.634)	/	2 )	/	0.61	*	365 / 2
=	1.152					/	0.61	*	365 / 2
=	344.66

PharmX Technologies Days Payable Related Terms

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

PharmX Technologies (ASX:PHX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » PharmX Technologies Ltd (ASX:PHX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Castlereagh Street, Level 11, Sydney, NSW, AUS, 2000

Website

https://www.corumgroup.com.au

PharmX Technologies Ltd Formerly Corum Group Ltd is an Australia-based software and technology company. The company has a single segment which is Health Services. In Health services, the company develops and distributes business software for the pharmacy industry with particular emphasis on point-of-sale and pharmaceutical dispensing software, support services, and associated computer hardware. It derives a majority of its revenue from the Health services business. the company discontinued the e-commerce business in 2022.