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ZimVie Days Payable

: 44.72 (As of Mar. 2022)
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ZimVie's average Accounts Payable for the three months ended in Mar. 2022 was $42.1 Mil. ZimVie's Cost of Goods Sold for the three months ended in Mar. 2022 was $85.8 Mil. Hence, ZimVie's Days Payable for the three months ended in Mar. 2022 was 44.72.

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

ZIMV' s Days Payable Range Over the Past 10 Years
Min: 44.8   Med: 54.99   Max: 71.61
Current: 71.61

During the past 4 years, ZimVie's highest Days Payable was 71.61. The lowest was 44.80. And the median was 54.99.

ZIMV's Days Payable is ranked better than
52.42% of 763 companies
in the Medical Devices & Instruments industry
Industry Median: 67.96 vs ZIMV: 71.61

ZimVie's Days Payable declined from Dec. 2020 (49.54) to Mar. 2022 (44.72). It may suggest that ZimVie accelerated paying its suppliers.


ZimVie Days Payable Historical Data

The historical data trend for ZimVie'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.

ZimVie Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Days Payable
- 54.99 58.33 44.80

ZimVie Quarterly Data
Dec18 Dec19 Dec20 Mar21 Sep21 Dec21 Mar22
Days Payable Premium Member Only Premium Member Only 49.54 55.78 - 30.98 44.72

Competitive Comparison

For the Medical Devices subindustry, ZimVie'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.

   

ZimVie Days Payable Distribution

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

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



ZimVie 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.

ZimVie'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
=( (49.7 + 45) / 2 ) / 385.8*365
=47.35 / 385.8*365
=44.80

ZimVie's Days Payable for the quarter that ended in Mar. 2022 is calculated as:

Days Payable (Q: Mar. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2021 ) + Accounts Payable (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (45 + 39.108) / 2 ) / 85.807*365 / 4
=42.054 / 85.807*365 / 4
=44.72

* 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.


ZimVie Days Payable Related Terms

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ZimVie Business Description

ZimVie logo
Traded in Other Exchanges
Address
345 East Main Street, Warsaw, IN, USA, 46580
ZimVie Inc is focused on the dental and spine markets and their respective growth drivers such as implants, surgical tools, bone graft substitutes, spinal fusion implants, non-fusion alternatives, and digital care management solutions.
Executives
Crawford Sally director C/O HOLOGIC, INC. BEDFORD MA 01730
Kuntz Richard director MEDTRONIC, INC. 710 MEDTRONIC PWKY MS LC 310 MINNEAPOLIS MN 55432
Asar Vinit K director 10910 DOMAIN DRIVE, SUITE 300 AUSTIN TX 78758
Matusinec Karen director C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
King David P director PRIVIA HEALTH GROUP, INC. 950 N. GLEBE RD., SUITE 700 ARLINGTON VA 22203
Zimmer Biomet Holdings, Inc. 10 percent owner 345 EAST MAIN STREET WARSAW IN 46580
Whitney Rebecca Ann officer: See Remarks 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Harmon David John officer: See Remarks 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Jamali Vafa director, officer: See Remarks C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Kanaglekar Indraneel officer: See Remarks C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Kidwell Heather officer: See Remarks C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Schneider Sandra officer: Chief Accounting Officer C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Heppenstall Richard officer: See Remarks C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
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