PTC Therapeutics's average Accounts Payable for the
three
months ended in Mar. 2022 was $20.7 Mil. PTC Therapeutics's Cost of Goods Sold for the
three
months ended in Mar. 2022 was $10.1 Mil.
Hence, PTC Therapeutics's Days Payable for the
three
months ended in Mar. 2022 was 186.36.
The historical rank and industry rank for PTC Therapeutics's Days Payable or its related term are showing as below:
PTCT'
s Days Payable Range Over the Past 10 Years
Min: 224.95 Med: 279.3 Max: 860.47
Current: 224.95
During the past 11 years, PTC Therapeutics's highest Days Payable was 860.47. The lowest was 224.95. And the median was 279.30.
PTCT's Days Payable is ranked better than 62.9% of 690
companies
in the Biotechnology industry
Industry Median: 130.83
vs PTCT: 224.95
PTC Therapeutics's Days Payable
declined
from Mar. 2021 (189.33) to Mar. 2022 (186.36).
It may suggest that PTC Therapeutics accelerated paying its suppliers.
PTC Therapeutics Days Payable Historical Data
The historical data trend for PTC Therapeutics'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.
PTC Therapeutics Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Days Payable
860.47
306.56
245.51
279.30
235.40
PTC Therapeutics Quarterly Data
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Days Payable
189.33
247.62
295.02
217.66
186.36
Competitive Comparison
For the Biotechnology subindustry, PTC Therapeutics'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.
PTC Therapeutics Days Payable Distribution
For the Biotechnology industry and Healthcare sector, PTC Therapeutics's Days Payable distribution charts can be found below:
* The bar in red indicates where PTC Therapeutics's Days Payable falls into.
PTC Therapeutics 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.
PTC Therapeutics's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as
* 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.
PTC Therapeutics Days Payable Related Terms
Thank you for viewing the detailed overview of PTC Therapeutics's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.
PTC Therapeutics Inc is a global biopharmaceutical company focused on the discovery, development, and commercialization of orally administered, small-molecule therapeutics. Its target area is RNA biology post-transcriptional control processes of the events occurring in a cell when a RNA messenger is copied from DNA during the transcription process. The discovered products address multiple therapeutic areas, including rare disorders, such as nonsense mutations in Duchenne muscular dystrophy and oncology.
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