Biomarin Pharmaceutical (FRA:BM8) Days Payable

: 209.96 (As of Dec. 2023)

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Biomarin Pharmaceutical's average Accounts Payable for the three months ended in Dec. 2023 was €286 Mil. Biomarin Pharmaceutical's Cost of Goods Sold for the three months ended in Dec. 2023 was €124 Mil. Hence, Biomarin Pharmaceutical's Days Payable for the three months ended in Dec. 2023 was 209.96.

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

FRA:BM8' s Days Payable Range Over the Past 10 Years
Min: 150.52 Med: 222.2 Max: 382.76
Current: 197.2

During the past 13 years, Biomarin Pharmaceutical's highest Days Payable was 382.76. The lowest was 150.52. And the median was 222.20.

FRA:BM8's Days Payable is ranked better than
57.84% of 714 companies
in the Biotechnology industry
Industry Median: 151.205 vs FRA:BM8: 197.20

Biomarin Pharmaceutical's Days Payable increased from Dec. 2022 (162.33) to Dec. 2023 (209.96). It may suggest that Biomarin Pharmaceutical delayed paying its suppliers.

Biomarin Pharmaceutical Days Payable Historical Data

The historical data trend for Biomarin Pharmaceutical'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.

Biomarin Pharmaceutical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

225.29

158.48

146.41

157.89

196.22

Biomarin Pharmaceutical Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																162.33	179.72	194.45	210.36	209.96

Competitive Comparison

For the Biotechnology subindustry, Biomarin Pharmaceutical'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.

Biomarin Pharmaceutical Days Payable Distribution

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

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

Biomarin Pharmaceutical 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.

Biomarin Pharmaceutical'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
=	( (218.289	+	289.322)	/	2 )	/	472.121	*	365
=	253.8055					/	472.121	*	365
=	196.22

Biomarin Pharmaceutical'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
=	( (282.383	+	289.322)	/	2 )	/	124.234	*	365 / 4
=	285.8525					/	124.234	*	365 / 4
=	209.96

Biomarin Pharmaceutical Days Payable Related Terms

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Biomarin Pharmaceutical (FRA:BM8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Biomarin Pharmaceutical Inc (FRA:BM8) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BMRN:USA 1BMRN:Italy BM8:Germany B1MR34:Brazil

Address

770 Lindaro Street, San Rafael, CA, USA, 94901

Website

http://www.bmrn.com

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Biomarin Pharmaceutical (FRA:BM8) Headlines

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