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Siemens Healthineers AG (Siemens Healthineers AG) Days Payable : 59.90 (As of Dec. 2023)


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What is Siemens Healthineers AG Days Payable?

Siemens Healthineers AG's average Accounts Payable for the three months ended in Dec. 2023 was $2,299 Mil. Siemens Healthineers AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,503 Mil. Hence, Siemens Healthineers AG's Days Payable for the three months ended in Dec. 2023 was 59.90.

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

SMMNY' s Days Payable Range Over the Past 10 Years
Min: 43.71   Med: 54.97   Max: 59.02
Current: 55.11

During the past 9 years, Siemens Healthineers AG's highest Days Payable was 59.02. The lowest was 43.71. And the median was 54.97.

SMMNY's Days Payable is ranked worse than
63.61% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs SMMNY: 55.11

Siemens Healthineers AG's Days Payable declined from Dec. 2022 (60.47) to Dec. 2023 (59.90). It may suggest that Siemens Healthineers AG accelerated paying its suppliers.

Siemens Healthineers AG Days Payable Historical Data

The historical data trend for Siemens Healthineers AG'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.

Siemens Healthineers AG Days Payable Chart

Siemens Healthineers AG Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only 57.69 54.83 54.17 61.80 56.83

Siemens Healthineers AG 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 60.47 51.41 57.97 52.07 59.90

Competitive Comparison of Siemens Healthineers AG's Days Payable

For the Medical Devices subindustry, Siemens Healthineers AG'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.

Siemens Healthineers AG's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Siemens Healthineers AG's Days Payable falls into.


Siemens Healthineers AG 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.

Siemens Healthineers AG's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (2292.079 + 2351.121) / 2 ) / 14910.352*365
=2321.6 / 14910.352*365
=56.83

Siemens Healthineers AG'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
=( (2351.121 + 2247.546) / 2 ) / 3502.726*365 / 4
=2299.3335 / 3502.726*365 / 4
=59.90

* 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.

Siemens Healthineers AG Days Payable Related Terms

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Siemens Healthineers AG (Siemens Healthineers AG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Siemens Healthineers AG (OTCPK:SMMNY) » Definitions » Days Payable
Comparable Companies
LSE:SN. LSE:NIOX LSE:MXCT LSE:EKF LSE:CREO LSE:BELL LSE:IUG LSE:IHC LSE:POLX LSE:SUN ABT SYK MDT BSX SZSE:300760 EW DXCM ZBH STE XAMS:PHIA
Traded in Other Exchanges
SEMHF:USA 1SHL:Italy SHLd:UK SHL:Germany SHL:Austria
Address
Siemensstr. 3, Forchheim, BY, DEU, 91301
Website
https://www.siemens-healthineers.com
Siemens Healthineers AG is engaged in the fields of diagnostic, therapeutic imaging, laboratory and point of care diagnostics as well as clinical consulting services. The imaging segment products equipment include magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging and ultrasound. The portfolio of the Diagnostics segment includes; immunochemistry, hematology, coagulation, urinalysis, etc. Advanced Therapies segment products are designed to support image-guided minimally invasive treatments in cardiology, interventional radiology and surgery. Varian segment provides multi-modality cancer care technologies, solutions and services to oncology departments in hospitals and clinics. It caters and earns revenue from Europe, the Middle East, Africa, China and others.