GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Orexo AB (OSTO:ORX) » Definitions » Days Payable

Orexo AB (OSTO:ORX) Days Payable : 165.70 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Orexo AB Days Payable?

Orexo AB's average Accounts Payable for the three months ended in Dec. 2023 was kr36.5 Mil. Orexo AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr20.1 Mil. Hence, Orexo AB's Days Payable for the three months ended in Dec. 2023 was 165.70.

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

OSTO:ORX' s Days Payable Range Over the Past 10 Years
Min: 77.52   Med: 195.17   Max: 283.51
Current: 252.99

During the past 13 years, Orexo AB's highest Days Payable was 283.51. The lowest was 77.52. And the median was 195.17.

OSTO:ORX's Days Payable is ranked better than
86.69% of 977 companies
in the Drug Manufacturers industry
Industry Median: 86.23 vs OSTO:ORX: 252.99

Orexo AB's Days Payable declined from Dec. 2022 (306.29) to Dec. 2023 (165.70). It may suggest that Orexo AB accelerated paying its suppliers.


Orexo AB Days Payable Historical Data

The historical data trend for Orexo AB'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.

Orexo AB Days Payable Chart

Orexo AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 167.81 268.19 222.52 241.55 252.99

Orexo AB 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 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 306.29 275.34 - - 165.70

Competitive Comparison of Orexo AB's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Orexo AB'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.


Orexo AB's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Orexo AB's Days Payable distribution charts can be found below:

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



Orexo AB 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.

Orexo AB'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
=( (86.6 + 36.5) / 2 ) / 88.8*365
=61.55 / 88.8*365
=252.99

Orexo AB'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 + 36.5) / 1 ) / 20.1*365 / 4
=36.5 / 20.1*365 / 4
=165.70

* 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.


Orexo AB Days Payable Related Terms

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


Orexo AB (OSTO:ORX) Business Description

Traded in Other Exchanges
Address
Virdings alle 32 A, P.O. Box 303, Uppsala, SWE, 75105
Orexo AB has operations in Sweden and the United States. Operations are monitored and presented in the segments US Pharma, Digital Therapeutics (DTx) and HQ & Pipeline. The majority is from the US Pharma segment. Geographically, the majority is derived from the United States. US Pharma includes the commercialization of fully owned pharmaceuticals in the United States market. Digital Therapeutics include the commercialization of Orexo's groundbreaking evidence-based digital therapeutics, mainly in the United States market, which is in an early development stage. HQ &Pipeline include the Development of pharmaceuticals performed at Orexo's headquarters in Uppsala, Sweden.

Orexo AB (OSTO:ORX) Headlines

No Headlines