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Calliditas Therapeutics AB (Calliditas Therapeutics AB) Days Payable

: 332.91 (As of Dec. 2023)
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Calliditas Therapeutics AB's average Accounts Payable for the three months ended in Dec. 2023 was $7.93 Mil. Calliditas Therapeutics AB's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.17 Mil. Hence, Calliditas Therapeutics AB's Days Payable for the three months ended in Dec. 2023 was 332.91.

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

CALT' s Days Payable Range Over the Past 10 Years
Min: 709.94   Med: 1764.76   Max: 2741.82
Current: 709.94

During the past 9 years, Calliditas Therapeutics AB's highest Days Payable was 2741.82. The lowest was 709.94. And the median was 1764.76.

CALT's Days Payable is ranked better than
81.23% of 714 companies
in the Biotechnology industry
Industry Median: 151.205 vs CALT: 709.94

Calliditas Therapeutics AB's Days Payable declined from Sep. 2022 (1,948.86) to Dec. 2023 (332.91). It may suggest that Calliditas Therapeutics AB accelerated paying its suppliers.


Calliditas Therapeutics AB Days Payable Historical Data

The historical data trend for Calliditas Therapeutics AB'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.

Calliditas Therapeutics AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 2,856.97 782.01

Calliditas Therapeutics AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,948.86 1,456.69 765.43 432.12 332.91

Competitive Comparison

For the Biotechnology subindustry, Calliditas Therapeutics AB'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.


Calliditas Therapeutics AB Days Payable Distribution

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

* The bar in red indicates where Calliditas Therapeutics AB's Days Payable falls into.



Calliditas Therapeutics AB 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.

Calliditas Therapeutics AB'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
=( (15.456 + 9.804) / 2 ) / 5.895*365
=12.63 / 5.895*365
=782.01

Calliditas Therapeutics AB'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
=( (6.059 + 9.804) / 2 ) / 2.174*365 / 4
=7.9315 / 2.174*365 / 4
=332.91

* 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.


Calliditas Therapeutics AB Days Payable Related Terms

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Calliditas Therapeutics AB (Calliditas Therapeutics AB) Business Description

Traded in Other Exchanges
Address
Kungsbron 1, D5, Stockholm, SWE, SE-111 22
Calliditas Therapeutics AB is a commercial-stage biopharma company focused on identifying, developing, and commercializing novel treatments in orphan indications, with an initial focus on renal and hepatic diseases with unmet medical needs. The company's pipeline candidate is TARPEYO medication to reduce proteinuria in IgA nephropathy.