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Mazor Robotics (Mazor Robotics) Days Payable : 60.52 (As of Sep. 2018)


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What is Mazor Robotics Days Payable?

Mazor Robotics's average Accounts Payable for the three months ended in Sep. 2018 was $3.53 Mil. Mazor Robotics's Cost of Goods Sold for the three months ended in Sep. 2018 was $5.32 Mil. Hence, Mazor Robotics's Days Payable for the three months ended in Sep. 2018 was 60.52.

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

MZOR's Days Payable is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 72.855
* Ranked among companies with meaningful Days Payable only.

Mazor Robotics's Days Payable increased from Sep. 2017 (35.95) to Sep. 2018 (60.52). It may suggest that Mazor Robotics delayed paying its suppliers.

Mazor Robotics Days Payable Historical Data

The historical data trend for Mazor Robotics'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.

Mazor Robotics Days Payable Chart

Mazor Robotics Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.06 146.13 122.40 127.86 65.44

Mazor Robotics Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 35.95 24.62 42.59 43.17 60.52

Competitive Comparison of Mazor Robotics's Days Payable

For the Medical Devices subindustry, Mazor Robotics'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.

Mazor Robotics's Days Payable Distribution in the Medical Devices & Instruments Industry

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

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


Mazor Robotics 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.

Mazor Robotics's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (5.018 + 3.474) / 2 ) / 23.684*365
=4.246 / 23.684*365
=65.44

Mazor Robotics's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

Days Payable (Q: Sep. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=( (2.934 + 4.116) / 2 ) / 5.315*365 / 4
=3.525 / 5.315*365 / 4
=60.52

* 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.

Mazor Robotics Days Payable Related Terms

Thank you for viewing the detailed overview of Mazor Robotics's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Mazor Robotics (Mazor Robotics) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Mazor Robotics Ltd (NAS:MZOR) » Definitions » Days Payable
Comparable Companies
INGN TSE:7575 HKSE:00853 SILK SWAV TSE:7779 TSE:7817 SZSE:300633 OSTO:ARJO B CRY CSII AXNX INSP TSE:6960 TCMD SZSE:300326 SZSE:002317 SHSE:600587 XSWX:YPSN XSWX:MOVE
Traded in Other Exchanges
N/A
Address
Website
http://www.mazorrobotics.com
Mazor Robotics is a medical devices company. The company has one business segment, Surgical & Medical Equipment, that is engaged in the development, production, and marketing of medical devices primarily oriented toward helping with guided surgery and computer assisted surgery. Mazor Robotics offers various products including the Mazor X surgical guidance system and Renaissance surgical guidance system. The Renaissance system aids with spinal surgery. The company generates the vast majority of revenue in Israel.