Aspen Pharmacare Holdings (Aspen Pharmacare Holdings) Days Payable : 112.03 (As of Dec. 2023)

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What is Aspen Pharmacare Holdings Days Payable?

Aspen Pharmacare Holdings's average Accounts Payable for the six months ended in Dec. 2023 was $390 Mil. Aspen Pharmacare Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $635 Mil. Hence, Aspen Pharmacare Holdings's Days Payable for the six months ended in Dec. 2023 was 112.03.

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

APNHY' s Days Payable Range Over the Past 10 Years
Min: 60.9 Med: 75.87 Max: 144.45
Current: 128.66

During the past 13 years, Aspen Pharmacare Holdings's highest Days Payable was 144.45. The lowest was 60.90. And the median was 75.87.

APNHY's Days Payable is ranked better than
69.46% of 979 companies
in the Drug Manufacturers industry
Industry Median: 86.3 vs APNHY: 128.66

Aspen Pharmacare Holdings's Days Payable declined from Dec. 2022 (132.19) to Dec. 2023 (112.03). It may suggest that Aspen Pharmacare Holdings accelerated paying its suppliers.

Aspen Pharmacare Holdings Days Payable Historical Data

The historical data trend for Aspen Pharmacare Holdings'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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Aspen Pharmacare Holdings Days Payable Chart

Aspen Pharmacare Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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95.33

88.17

55.11

66.42

67.80

Aspen Pharmacare Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															123.21	117.77	132.19	117.91	112.03

Competitive Comparison of Aspen Pharmacare Holdings's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Aspen Pharmacare Holdings'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.

Aspen Pharmacare Holdings's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Aspen Pharmacare Holdings's Days Payable falls into.

Aspen Pharmacare Holdings 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.

Aspen Pharmacare Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (230.233	+	211.739)	/	2 )	/	1189.717	*	365
=	220.986					/	1189.717	*	365
=	67.80

Aspen Pharmacare Holdings'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (211.739	+	567.709)	/	2 )	/	634.848	*	365 / 2
=	389.724					/	634.848	*	365 / 2
=	112.03

Aspen Pharmacare Holdings Days Payable Related Terms

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Aspen Pharmacare Holdings (Aspen Pharmacare Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aspen Pharmacare Holdings Ltd (OTCPK:APNHY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

APN:South Africa

Address

Douglas Saunders Drive, Aspen Place, 9 Rydall Vale Park, La Lucia Ridge, Durban, NL, ZAF

Website

https://www.aspenpharma.com

Aspen Pharmacare Holdings Ltd is a specialty pharmaceutical company with a commercial footprint covering more than 50 countries and complex manufacturing capabilities in both API and finished dose form. The company focuses on a broad range of post-patent, branded medicines and domestic brands spanning many therapeutic areas. The company has four business segments such as Active Pharmaceutical Ingredients (API) - this segment includes the API Chemicals business and non-heparin biochemical API business, Heparin - this segment includes the full value chain contribution from all heparin containing products including API and Finished Dose. Form (FDF) sales Key products include the Fraxiparine and MonoEmbolex heparin containing FDF products and FDF Steriles segment.

Aspen Pharmacare Holdings (Aspen Pharmacare Holdings) Headlines

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