Draegerwerk AG KGaA (Draegerwerk AG KGaA) Days Payable

: 30.54 (As of Dec. 2023)

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Draegerwerk AG KGaA's average Accounts Payable for the three months ended in Dec. 2023 was $224 Mil. Draegerwerk AG KGaA's Cost of Goods Sold for the three months ended in Dec. 2023 was $670 Mil. Hence, Draegerwerk AG KGaA's Days Payable for the three months ended in Dec. 2023 was 30.54.

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

DRWKF' s Days Payable Range Over the Past 10 Years
Min: 43.29 Med: 48.66 Max: 52.6
Current: 43.29

During the past 13 years, Draegerwerk AG KGaA's highest Days Payable was 52.60. The lowest was 43.29. And the median was 48.66.

DRWKF's Days Payable is ranked worse than
72.72% of 788 companies
in the Medical Devices & Instruments industry
Industry Median: 73.99 vs DRWKF: 43.29

Draegerwerk AG KGaA's Days Payable declined from Dec. 2022 (35.57) to Dec. 2023 (30.54). It may suggest that Draegerwerk AG KGaA accelerated paying its suppliers.

Draegerwerk AG KGaA Days Payable Historical Data

The historical data trend for Draegerwerk AG KGaA'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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Draegerwerk AG KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

47.14

42.84

48.66

52.98

47.04

Draegerwerk AG KGaA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																35.57	55.71	44.78	42.19	30.54

Competitive Comparison

For the Medical Devices subindustry, Draegerwerk AG KGaA'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.

Draegerwerk AG KGaA Days Payable Distribution

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

* The bar in red indicates where Draegerwerk AG KGaA's Days Payable falls into.

Draegerwerk AG KGaA 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.

Draegerwerk AG KGaA'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
=	( (302.551	+	235.402)	/	2 )	/	2087.036	*	365
=	268.9765					/	2087.036	*	365
=	47.04

Draegerwerk AG KGaA'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
=	( (213.302	+	235.402)	/	2 )	/	670.267	*	365 / 4
=	224.352					/	670.267	*	365 / 4
=	30.54

Draegerwerk AG KGaA Days Payable Related Terms

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Draegerwerk AG KGaA (Draegerwerk AG KGaA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Draegerwerk AG & Co KGaA (OTCPK:DRWKF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DGWPF:USA 0K5E:UK DRW3:Germany DRW3:Austria

Address

Moislinger Allee 53–55, Lubeck, DEU, 23542

Website

https://www.draeger.com

Draegerwerk AG & Co KGaA develops medical and safety equipment for clinical and industrial applications. The firm operates in two divisions: medical and safety. The medical division contributes the majority of revenue. The company develops and produce system solutions, equipment, and services for the acute point of care. The five business units are Therapy (anesthesia devices and ventilators, as well as thermoregulation equipment), Hospital Consumables & Accessories (consumables and accessories), Workplace Infrastructure (supply units, lights, gas management systems), Monitoring (patient monitoring), and Data Business (software applications, system products, and new services). Draegerwerk's geographical segments are Europe; Americas; and Africa, Asia, and Australia.

Draegerwerk AG KGaA (Draegerwerk AG KGaA) Headlines

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