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Alcon Days Payable

: 80.35 (As of Jun. 2022)
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Alcon's average Accounts Payable for the three months ended in Jun. 2022 was $892 Mil. Alcon's Cost of Goods Sold for the three months ended in Jun. 2022 was $1,013 Mil. Hence, Alcon's Days Payable for the three months ended in Jun. 2022 was 80.35.

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

ALC' s Days Payable Range Over the Past 10 Years
Min: 58.74   Med: 71.29   Max: 87.66
Current: 83.97

During the past 6 years, Alcon's highest Days Payable was 87.66. The lowest was 58.74. And the median was 71.29.

ALC's Days Payable is ranked better than
59.42% of 764 companies
in the Medical Devices & Instruments industry
Industry Median: 67.85 vs ALC: 83.97

Alcon's Days Payable declined from Jun. 2021 (86.79) to Jun. 2022 (80.35). It may suggest that Alcon accelerated paying its suppliers.


Alcon Days Payable Historical Data

The historical data trend for Alcon'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.

Alcon Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Premium Member Only 62.56 58.88 70.99 80.12 89.22

Alcon Quarterly Data
Dec16 Dec17 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Days Payable 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 Premium Member Only Premium Member Only 86.79 88.68 86.12 81.72 80.35

Competitive Comparison

For the Medical Instruments & Supplies subindustry, Alcon'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.

   

Alcon Days Payable Distribution

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

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



Alcon 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.

Alcon'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
=( (876 + 903) / 2 ) / 3639*365
=889.5 / 3639*365
=89.22

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

Days Payable (Q: Jun. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2022 ) + Accounts Payable (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (854 + 930) / 2 ) / 1013*365 / 4
=892 / 1013*365 / 4
=80.35

* 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.


Alcon Days Payable Related Terms

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Alcon Business Description

Alcon logo
Traded in Other Exchanges
Address
Chemin de Blandonnet 8, Royce Bedward, Vernier, Geneva, CHE, 1214
Alcon, headquartered in Fort Worth, Texas, is the global eyecare leader with a diverse portfolio in ophthalmology including contact lenses, eye drops, surgical equipment, and related surgical products. Novartis purchased Alcon from Nestle in 2010 and, following nine years as a Novartis subsidiary, the company was spun-off as a public company in April 2019. The company reports five distinct segments: implantables (16% of revenue), consumables (31%), equipment (9%), contact lenses (27%), and ocular health (17%). The company is geographically diversified, with only about 40% of revenue from the U.S. market, and the firm has a strong presence in the European Union and Japan.

Alcon Headlines

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