Forward Pharma A/S (Forward Pharma A/S) Days Payable : 0.00 (As of Jun. 2022)

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What is Forward Pharma A/S Days Payable?

Forward Pharma A/S's average Accounts Payable for the six months ended in Jun. 2022 was $0.08 Mil. Forward Pharma A/S's Cost of Goods Sold for the six months ended in Jun. 2022 was $0.00 Mil.

The historical rank and industry rank for Forward Pharma A/S's Days Payable or its related term are showing as below:

During the past 11 years, Forward Pharma A/S's highest Days Payable was 23.91. The lowest was 23.91. And the median was 23.91.

FWPAY's Days Payable is not ranked ^*
in the Biotechnology industry.
Industry Median: 152.29
* Ranked among companies with meaningful Days Payable only.

Forward Pharma A/S's Days Payable stayed the same from Jun. 2021 (0.00) to Jun. 2022 (0.00).

Forward Pharma A/S Days Payable Historical Data

The historical data trend for Forward Pharma A/S'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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Forward Pharma A/S Days Payable Chart

Forward Pharma A/S Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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23.91

Forward Pharma A/S Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Forward Pharma A/S's Days Payable

For the Biotechnology subindustry, Forward Pharma A/S'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.

Forward Pharma A/S's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Forward Pharma A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where Forward Pharma A/S's Days Payable falls into.

Forward Pharma A/S 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.

Forward Pharma A/S's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (0.476	+	0.07)	/	2 )	/	0	*	365
=	0.273					/	0	*	365
=	N/A

Forward Pharma A/S's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

	Days Payable (Q: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (0.07	+	0.08)	/	2 )	/	0	*	365 / 2
=	0.075					/	0	*	365 / 2
=	N/A

Forward Pharma A/S Days Payable Related Terms

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Forward Pharma A/S (Forward Pharma A/S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Forward Pharma A/S (OTCPK:FWPAY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ostergade 24A, 1st Floor, Copenhagen, DNK, 1100

Website

https://www.forward-pharma.com

Forward Pharma A/S is a biopharmaceutical company that engages in the research and production of medicinal treatments for multiple sclerosis and psoriasis.