Ramsay Health Care (Ramsay Health Care) Days Payable

: 224.00 (As of Dec. 2023)

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Ramsay Health Care's average Accounts Payable for the six months ended in Dec. 2023 was $1,491 Mil. Ramsay Health Care's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,215 Mil. Hence, Ramsay Health Care's Days Payable for the six months ended in Dec. 2023 was 224.00.

The historical rank and industry rank for Ramsay Health Care's Days Payable or its related term are showing as below:

RMSYF' s Days Payable Range Over the Past 10 Years
Min: 76.48 Med: 138.54 Max: 253.72
Current: 253.72

During the past 13 years, Ramsay Health Care's highest Days Payable was 253.72. The lowest was 76.48. And the median was 138.54.

RMSYF's Days Payable is ranked better than
87.1% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 61.52 vs RMSYF: 253.72

Ramsay Health Care's Days Payable declined from Dec. 2022 (262.39) to Dec. 2023 (224.00). It may suggest that Ramsay Health Care accelerated paying its suppliers.

Ramsay Health Care Days Payable Historical Data

The historical data trend for Ramsay Health Care'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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Ramsay Health Care Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

131.44

146.45

133.53

161.08

165.17

Ramsay Health Care 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																229.29	241.32	262.39	233.43	224.00

Competitive Comparison

For the Medical Care Facilities subindustry, Ramsay Health Care'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.

Ramsay Health Care Days Payable Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Ramsay Health Care's Days Payable distribution charts can be found below:

* The bar in red indicates where Ramsay Health Care's Days Payable falls into.

Ramsay Health Care 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.

Ramsay Health Care'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
=	( (1037.245	+	996.174)	/	2 )	/	2246.779	*	365
=	1016.7095					/	2246.779	*	365
=	165.17

Ramsay Health Care'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
=	( (996.174	+	1985.274)	/	2 )	/	1214.525	*	365 / 2
=	1490.724					/	1214.525	*	365 / 2
=	224.00

Ramsay Health Care Days Payable Related Terms

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Ramsay Health Care (Ramsay Health Care) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ramsay Health Care Ltd (OTCPK:RMSYF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RMYHY:USA RMY:Germany RHCPA.PFD:Australia RHC:Australia

Address

126 Phillip Street, Suite 18.03, Level 18, Deutsche Bank Place, Sydney, NSW, AUS, 2000

Website

https://www.ramsayhealth.com

Ramsay Health Care is one of the largest private healthcare providers in the world, with over 460 facilities across 10 countries. The key markets in which it operates are Australia, France, the U.K., and Sweden. It is the largest private hospital group in each of these markets except for the U.K. where it ranks fifth. Ramsay Sante, which operates the European regions other than the U.K., is a 52.5%-owned subsidiary of Ramsay Health Care. The company typically earns about 60% of consolidated earnings in Australia and 30% in France. Ramsay Health Care undertakes both private and publicly funded healthcare.