West Pharmaceutical Services (BSP:W2ST34) Days Payable : 46.94 (As of Mar. 2024)

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What is West Pharmaceutical Services Days Payable?

West Pharmaceutical Services's average Accounts Payable for the three months ended in Mar. 2024 was R$1,192 Mil. West Pharmaceutical Services's Cost of Goods Sold for the three months ended in Mar. 2024 was R$2,317 Mil. Hence, West Pharmaceutical Services's Days Payable for the three months ended in Mar. 2024 was 46.94.

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

BSP:W2ST34' s Days Payable Range Over the Past 10 Years
Min: 39.57 Med: 43.75 Max: 49.08
Current: 45.29

During the past 13 years, West Pharmaceutical Services's highest Days Payable was 49.08. The lowest was 39.57. And the median was 43.75.

BSP:W2ST34's Days Payable is ranked worse than
71.37% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs BSP:W2ST34: 45.29

West Pharmaceutical Services's Days Payable increased from Mar. 2023 (46.18) to Mar. 2024 (46.94). It may suggest that West Pharmaceutical Services delayed paying its suppliers.

West Pharmaceutical Services Days Payable Historical Data

The historical data trend for West Pharmaceutical Services'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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West Pharmaceutical Services Days Payable Chart

West Pharmaceutical Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.43

44.75

46.96

48.55

47.41

West Pharmaceutical Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															46.18	46.27	43.14	46.64	46.94

Competitive Comparison of West Pharmaceutical Services's Days Payable

For the Medical Instruments & Supplies subindustry, West Pharmaceutical Services'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.

West Pharmaceutical Services's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, West Pharmaceutical Services's Days Payable distribution charts can be found below:

* The bar in red indicates where West Pharmaceutical Services's Days Payable falls into.

West Pharmaceutical Services 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.

West Pharmaceutical Services'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
=	( (1129.859	+	1187.712)	/	2 )	/	8920.576	*	365
=	1158.7855					/	8920.576	*	365
=	47.41

West Pharmaceutical Services's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1187.712	+	1195.65)	/	2 )	/	2316.603	*	365 / 4
=	1191.681					/	2316.603	*	365 / 4
=	46.94

West Pharmaceutical Services Days Payable Related Terms

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West Pharmaceutical Services (BSP:W2ST34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » West Pharmaceutical Services Inc (BSP:W2ST34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WST:USA WPS:Germany

Address

530 Herman O. West Drive, Exton, PA, USA, 19341-0645

Website

https://www.westpharma.com

West Pharmaceutical Services is a Pennsylvania-based medical supplies company that operates as a key supplier to firms in the pharmaceutical, biotechnology, and generic drug industries. West develops, manufactures, and distributes elastomer-based supplies for the containment and administration of injectable drugs, including basic equipment such as syringes, stoppers, and plungers, along with somewhat more complicated devices including auto-injectors and other self-injection platforms. The company reports in two segments: proprietary products (82% of 2021 sales) and contract-manufactured products (18%). It generates 55% of its revenue from international markets and 45% from the United States.

West Pharmaceutical Services (BSP:W2ST34) Headlines

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