Arjo AB (Arjo AB) Days Payable : 38.00 (As of Mar. 2024)

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What is Arjo AB Days Payable?

Arjo AB's average Accounts Payable for the three months ended in Mar. 2024 was $62 Mil. Arjo AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $150 Mil. Hence, Arjo AB's Days Payable for the three months ended in Mar. 2024 was 38.00.

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

ARRJF' s Days Payable Range Over the Past 10 Years
Min: 30.07 Med: 38.2 Max: 54.84
Current: 33.56

During the past 11 years, Arjo AB's highest Days Payable was 54.84. The lowest was 30.07. And the median was 38.20.

ARRJF's Days Payable is ranked worse than
93.68% of 95 companies
in the Medical Distribution industry
Industry Median: 74.64 vs ARRJF: 33.56

Arjo AB's Days Payable increased from Mar. 2023 (34.70) to Mar. 2024 (38.00). It may suggest that Arjo AB delayed paying its suppliers.

Arjo AB Days Payable Historical Data

The historical data trend for Arjo 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.

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Arjo AB Days Payable Chart

Arjo AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.99

36.32

43.62

40.55

34.85

Arjo AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															34.70	31.78	30.18	32.25	38.00

Competitive Comparison of Arjo AB's Days Payable

For the Medical Distribution subindustry, Arjo 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.

Arjo AB's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Arjo AB's Days Payable distribution charts can be found below:

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

Arjo 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.

Arjo 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
=	( (56.562	+	59.663)	/	2 )	/	608.72	*	365
=	58.1125					/	608.72	*	365
=	34.85

Arjo AB's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (59.663	+	65.122)	/	2 )	/	149.838	*	365 / 4
=	62.3925					/	149.838	*	365 / 4
=	38.00

Arjo AB Days Payable Related Terms

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Arjo AB (Arjo AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Arjo AB (OTCPK:ARRJF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ARJO B:Sweden ARJOBs:UK 0HQ8:UK A39:Germany

Address

Hans Michelsensgatan 10, Malmo, SWE, SE-211 20

Website

https://www.arjo.com

Arjo AB is a supplier of medical devices, services, and solutions in Sweden. It serves its services to private and public institutions with acute care and long-term care. The company's offering includes products and solutions for patient handling, hygiene, disinfection, medical beds, therapeutic surfaces, venous thromboembolism (VTE) prevention and diagnostics. It also offers services such as training in connection with product sales. Geographically, it derives a majority of revenue from Western Europe and also has a presence in North America; and the Rest of the World.

Arjo AB (Arjo AB) Headlines

From GuruFocus

Arjo AB to Host Earnings Call

By [email protected] [email protected] • 07-18-2019