CryoPort (CryoPort) Days Payable : 73.63 (As of Dec. 2023)

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What is CryoPort Days Payable?

CryoPort's average Accounts Payable for the three months ended in Dec. 2023 was $27.4 Mil. CryoPort's Cost of Goods Sold for the three months ended in Dec. 2023 was $34.0 Mil. Hence, CryoPort's Days Payable for the three months ended in Dec. 2023 was 73.63.

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

CYRX' s Days Payable Range Over the Past 10 Years
Min: 46.28 Med: 77.42 Max: 118.14
Current: 73.53

During the past 13 years, CryoPort's highest Days Payable was 118.14. The lowest was 46.28. And the median was 77.42.

CYRX's Days Payable is ranked better than
76.37% of 931 companies
in the Transportation industry
Industry Median: 39.25 vs CYRX: 73.53

CryoPort's Days Payable declined from Dec. 2022 (75.09) to Dec. 2023 (73.63). It may suggest that CryoPort accelerated paying its suppliers.

CryoPort Days Payable Historical Data

The historical data trend for CryoPort'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.

CryoPort Days Payable Chart

CryoPort Annual Data

Trend

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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46.28

117.79

77.37

77.47

75.01

CryoPort 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															75.09	68.81	73.46	77.25	73.63

Competitive Comparison of CryoPort's Days Payable

For the Integrated Freight & Logistics subindustry, CryoPort'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.

CryoPort's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CryoPort's Days Payable distribution charts can be found below:

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

CryoPort 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.

CryoPort'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
=	( (28.046	+	26.995)	/	2 )	/	133.923	*	365
=	27.5205					/	133.923	*	365
=	75.01

CryoPort'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
=	( (27.875	+	26.995)	/	2 )	/	33.999	*	365 / 4
=	27.435					/	33.999	*	365 / 4
=	73.63

CryoPort Days Payable Related Terms

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CryoPort (CryoPort) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CryoPort Inc (NAS:CYRX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CKX:Germany

Address

112 Westwood Place, Suite 350, Brentwood, TN, USA, 37027

Website

https://www.cryoport.com

CryoPort Inc is a leader serving the life sciences industry as a provider of integrated temperature-controlled supply chain solutions supporting the life sciences in the biopharma/pharma, animal health, and reproductive medicine markets. Geographically the company operates in the Americas, Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC), generating a majority of its revenue from the Americas.

Executives

Robert J Hariri	director	341 MENDHAM ROAD, BERNARDSVILLE NJ 07924
Jerrell Shelton	director, officer: President, CEO	C/O NETRATINGS INC, 120 WEST 45TH STREET 35TH FLOOR, NEW YORK NY 10036
Richard J Berman	director	305 COLLEGE ROAD EAST, PRINCETON NJ 08540
Robert Stefanovich	officer: Chief Financial Officer
Mark W Sawicki	officer: Chief Scientific Officer	3303 LAKEPOINTE DRIVE, BELMONT NC 28012
Blackstone Holdings Ii L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Tactical Opportunities Fund - Fd L.p.	10 percent owner	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Daniel M Hancock	director	7729 S. BELMONT, INDIANAPOLIS IN 46217
Edward J Zecchini	director	20382 BARENTS SEA CIRCLE, LAKE FOREST CA 92630
Linda Baddour	director	PRA INTERNATIONAL, 12120 SUNSET HILLS ROAD, SUITE 600, RESTON VA 20190
Ramkumar Mandalam	director	4344 PICKEREL DRIVE, UNION CITY CA 94587
Ram M. Jagannath	director	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Stephen A Schwarzman	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVE, NEW YORK NY 10154
Blackstone Tactical Opportunities Associates Iii - Nq L.p.	10 percent owner	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Freeze Parent L.p.	10 percent owner	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154