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Becton Dickinson (LTS:0R19) Days Payable : 55.89 (As of Dec. 2023)


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What is Becton Dickinson Days Payable?

Becton Dickinson's average Accounts Payable for the three months ended in Dec. 2023 was $1,641 Mil. Becton Dickinson's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,679 Mil. Hence, Becton Dickinson's Days Payable for the three months ended in Dec. 2023 was 55.89.

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

LTS:0R19' s Days Payable Range Over the Past 10 Years
Min: 32.32   Med: 44.05   Max: 93.43
Current: 93.43

During the past 13 years, Becton Dickinson's highest Days Payable was 93.43. The lowest was 32.32. And the median was 44.05.

LTS:0R19's Days Payable is ranked better than
61.83% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.685 vs LTS:0R19: 93.43

Becton Dickinson's Days Payable declined from Dec. 2022 (132.73) to Dec. 2023 (55.89). It may suggest that Becton Dickinson accelerated paying its suppliers.


Becton Dickinson Days Payable Historical Data

The historical data trend for Becton Dickinson'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.

Becton Dickinson Days Payable Chart

Becton Dickinson Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.56 48.14 53.78 60.37 54.41

Becton Dickinson Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial 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 132.73 191.85 - 44.22 55.89

Competitive Comparison of Becton Dickinson's Days Payable

For the Medical Instruments & Supplies subindustry, Becton Dickinson'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.


Becton Dickinson's Days Payable Distribution in the Medical Devices & Instruments Industry

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

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



Becton Dickinson 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.

Becton Dickinson's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (1699 + 1641) / 2 ) / 11202*365
=1670 / 11202*365
=54.41

Becton Dickinson'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
=( (1641 + 0) / 1 ) / 2679*365 / 4
=1641 / 2679*365 / 4
=55.89

* 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.


Becton Dickinson Days Payable Related Terms

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Becton Dickinson (LTS:0R19) Business Description

Address
1 Becton Drive, Franklin Lakes, NJ, USA, 07417-1880
Becton, Dickinson is the world's largest manufacturer and distributor of medical surgical products, such as needles, syringes, and sharps-disposal units. The company also manufactures pre-filled devices, diagnostic instruments and reagents, as well as flow cytometry and cell-imaging systems. BD Medical is nearly half of the total business, while BD Life Sciences (26% of estimated 2023 revenue) and BD Interventional (25%) account for the remainder. International revenue accounts for 43% of the company's business.

Becton Dickinson (LTS:0R19) Headlines

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