Varex Imaging (Varex Imaging) Days Payable

: 47.51 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

Varex Imaging's average Accounts Payable for the three months ended in Dec. 2023 was $69.2 Mil. Varex Imaging's Cost of Goods Sold for the three months ended in Dec. 2023 was $132.9 Mil. Hence, Varex Imaging's Days Payable for the three months ended in Dec. 2023 was 47.51.

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

VREX' s Days Payable Range Over the Past 10 Years
Min: 37.52 Med: 43.53 Max: 45.91
Current: 45.91

During the past 11 years, Varex Imaging's highest Days Payable was 45.91. The lowest was 37.52. And the median was 43.53.

VREX's Days Payable is ranked worse than
70.23% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 73.405 vs VREX: 45.91

Varex Imaging's Days Payable declined from Dec. 2022 (52.71) to Dec. 2023 (47.51). It may suggest that Varex Imaging accelerated paying its suppliers.

Varex Imaging Days Payable Historical Data

The historical data trend for Varex Imaging'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.

Varex Imaging Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

Get a 7-Day Free Trial

43.37

43.65

43.97

43.41

43.24

Varex Imaging 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															52.71	47.06	43.55	42.54	47.51

Competitive Comparison

For the Medical Devices subindustry, Varex Imaging'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.

Varex Imaging Days Payable Distribution

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

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

Varex Imaging 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.

Varex Imaging's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (78.2	+	64.7)	/	2 )	/	603.1	*	365
=	71.45					/	603.1	*	365
=	43.24

Varex Imaging'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
=	( (64.7	+	73.7)	/	2 )	/	132.9	*	365 / 4
=	69.2					/	132.9	*	365 / 4
=	47.51

Varex Imaging Days Payable Related Terms

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

Varex Imaging (Varex Imaging) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Varex Imaging Corp (NAS:VREX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VI4:Germany

Address

1678 South Pioneer Road, Salt Lake City, UT, USA, 84104

Website

https://www.vareximaging.com

Varex Imaging Corp designs and manufactures X-ray imaging components. It operates in two segments Medical and Industrial. The Medical segment, which is the key revenue driver, designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital flat panel image detectors, high voltage connectors, ionization chambers, and buckys among others. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital flat panel detectors and high voltage connectors among others. It has manufacturing, research, and development operation in the United States, Europe, Philippines and China, and sales and service operations throughout the world.

Executives

Kimberley E. Honeysett	officer: Vice President and Secretary	1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104
Jay K. Kunkel	director	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Ruediger Naumann-etienne	director
Kathleen Bardwell	director	9 BLACKBERRY DRIVE, HUDSON OH 44236
Sunny Sanyal	director, officer: President and CEO	1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104
Kevin Bruce Yankton	officer: Controller & CAO	1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104
Andrew Hartmann	officer: SVP Sales & Marketing, Medical	1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104
Timothy E Guertin	director	C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Shubham Maheshwari	officer: Chief Financial Officer	C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803
Brian W Giambattista	officer: SVP and GM, X-ray Detectors	1678 SOUTH PIONEER ROAD, SALT LAKE CITY UT 84104
Erich R Reinhardt	director	VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Mark S. Jonaitis	officer: SVP and GM, X-Ray Sources	1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104
Clarence R Verhoef	officer: SVP & Chief Financial Officer	VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 95035
Rosebrough Walter M Jr	director	5960 HEISLEY ROAD, MENTOR OH 44060
Carl E. Lacasce	officer: SVP, Sales & Marketing	1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104