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Option Care Health (Option Care Health) Days Payable : 45.86 (As of Mar. 2024)


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What is Option Care Health Days Payable?

Option Care Health's average Accounts Payable for the three months ended in Mar. 2024 was $456 Mil. Option Care Health's Cost of Goods Sold for the three months ended in Mar. 2024 was $908 Mil. Hence, Option Care Health's Days Payable for the three months ended in Mar. 2024 was 45.86.

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

OPCH' s Days Payable Range Over the Past 10 Years
Min: 15.99   Med: 39   Max: 47.9
Current: 47.9

During the past 13 years, Option Care Health's highest Days Payable was 47.90. The lowest was 15.99. And the median was 39.00.

OPCH's Days Payable is ranked worse than
59.93% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 61.52 vs OPCH: 47.90

Option Care Health's Days Payable declined from Mar. 2023 (47.99) to Mar. 2024 (45.86). It may suggest that Option Care Health accelerated paying its suppliers.


Option Care Health Days Payable Historical Data

The historical data trend for Option Care Health'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.

Option Care Health Days Payable Chart

Option Care Health Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.25 39.13 38.58 39.02 44.25

Option Care Health Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 47.99 51.11 48.80 44.52 45.86

Competitive Comparison of Option Care Health's Days Payable

For the Medical Care Facilities subindustry, Option Care Health'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.


Option Care Health's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Option Care Health's Days Payable distribution charts can be found below:

* The bar in red indicates where Option Care Health's Days Payable falls into.



Option Care Health 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.

Option Care Health'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
=( (378.763 + 426.513) / 2 ) / 3321.101*365
=402.638 / 3321.101*365
=44.25

Option Care Health's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (426.513 + 485.736) / 2 ) / 907.552*365 / 4
=456.1245 / 907.552*365 / 4
=45.86

* 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.


Option Care Health Days Payable Related Terms

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Option Care Health (Option Care Health) Business Description

Traded in Other Exchanges
Address
3000 Lakeside Drive, Suite 300N, Bannockburn, IL, USA, 60015
Option Care Health Inc is the provider of home and alternate-site infusion services. It provides treatment for bleeding disorders, neurological disorders, heart failure, anti-infectives, and chronic inflammatory disorders among others.
Executives
Elizabeth D Bierbower director HUMANA INC., 500 W. MAIN ST., LOUISVILLE KY 40202
R Carter Pate director 5739 WORTHAM LANE, DALLAS TX 75252
Smyser Collin officer: Gen. Counsel & Corp. Secy. C/O OPTION CARE HEALTH, 3000 LAKESIDE DR. SUITE 300N, BANNOCKBURN IL 60015
Kraemer Harry M Jansen Jr director DENTSPLY SIRONA INC., 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Michael Bavaro officer: Chief Human Resources Officer 3000 LAKESIDE DRIVE, SUITE 300N, BANNOCKBURN IL 60015
Luke Whitworth officer: Chief Operating Officer 3000 LAKESIDE DRIVE, SUITE 300N, BANNOCKBURN IL 60015
Walgreens Boots Alliance, Inc. 10 percent owner 108 WILMOT ROAD, DEERFIELD IL 60015
Hc Group Holdings I, Llc 10 percent owner THREE FIRST NATIONAL PLAZA, SUITE 4600, CHICAGO IL 60602
Wba Investments, Inc. 10 percent owner 108 WILMOT ROAD, DEERFIELD IL 60015
Och Us Holding Llc 10 percent owner 200 WILMOT ROAD, DEERFIELD IL 60015
Wba Us 1 Co. 10 percent owner 180 WILMOT ROAD, DEERFIELD IL 60015
Harriet Booker officer: CHIEF OPERATING OFFICER C/O BIOSCRIP, INC., 1600 BROADWAY, SUITE 700, DENVER CO 80202
Natasha Deckmann director 7114 EAST STETSON DRIVE, SUITE 400, SCOTTSDALE AZ 85251
Anita M. Allemand director 3000 LAKESIDE DRIVE, SUITE 300N, BANNOCKBURN IL 60015
Aaron Friedman director 3000 LAKESIDE DRIVE, SUITE 300N, BANNOCKBURN IL 60015