Alcon (ALC) Days Payable : 69.68 (As of Dec. 2023)

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What is Alcon Days Payable?

Alcon's average Accounts Payable for the three months ended in Dec. 2023 was $811 Mil. Alcon's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,062 Mil. Hence, Alcon's Days Payable for the three months ended in Dec. 2023 was 69.68.

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: 75.4 Max: 87.66
Current: 72.65

During the past 8 years, Alcon's highest Days Payable was 87.66. The lowest was 58.74. And the median was 75.40.

ALC's Days Payable is ranked worse than
50.38% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 73.405 vs ALC: 72.65

Alcon's Days Payable declined from Dec. 2022 (78.17) to Dec. 2023 (69.68). 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.

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Alcon Days Payable Chart

Alcon Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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70.99

80.12

89.22

81.11

72.51

Alcon 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															78.17	75.04	-	-	69.68

Competitive Comparison of Alcon's Days Payable

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's Days Payable Distribution in the Medical Devices & Instruments Industry

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. 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
=	( (861	+	811)	/	2 )	/	4208	*	365
=	836					/	4208	*	365
=	72.51

Alcon'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
=	( (0	+	811)	/	1 )	/	1062	*	365 / 4
=	811					/	1062	*	365 / 4
=	69.68

Alcon Days Payable Related Terms

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Alcon (ALC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Alcon Inc (NYSE:ALC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ALC:Mexico ALCz:UK 0A0D:UK ALC:Switzerland

Address

Chemin de Blandonnet 8, Royce Bedward, Vernier, Geneva, CHE, 1214

Website

https://www.alcon.com

Alcon is one of the leading visioncare companies in the world. Following nine years as a Novartis subsidiary, it was spun off as a public company in April 2019. Alcon operates in two segments: visioncare and surgical. Visioncare comprises contact lenses, lenscare solutions, and a suite of ocular health products. With brands like Dailies, Total1, and Air Optix, Alcon controls one fourth of the U.S. contact lens market. Surgical comprises intraocular lenses, ophthalmic surgical equipment, and consumables used during surgeries. Its main products include Centurion, a phacoemulsification device used during cataract surgeries, and a portfolio of IOLs including PanOptix and Vivity. Alcon has one of the largest installed bases of eye surgical equipment in the world.