Smith & Nephew (Smith & Nephew) Days Payable : 201.18 (As of Dec. 2023)

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What is Smith & Nephew Days Payable?

Smith & Nephew's average Accounts Payable for the six months ended in Dec. 2023 was $986 Mil. Smith & Nephew's Cost of Goods Sold for the six months ended in Dec. 2023 was $894 Mil. Hence, Smith & Nephew's Days Payable for the six months ended in Dec. 2023 was 201.18.

The historical rank and industry rank for Smith & Nephew's Days Payable or its related term are showing as below:

SNN' s Days Payable Range Over the Past 10 Years
Min: 212.46 Med: 237.66 Max: 254.37
Current: 213.73

During the past 13 years, Smith & Nephew's highest Days Payable was 254.37. The lowest was 212.46. And the median was 237.66.

SNN's Days Payable is ranked better than
83.84% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs SNN: 213.73

Smith & Nephew's Days Payable declined from Dec. 2022 (242.94) to Dec. 2023 (201.18). It may suggest that Smith & Nephew accelerated paying its suppliers.

Smith & Nephew Days Payable Historical Data

The historical data trend for Smith & Nephew'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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Smith & Nephew Days Payable Chart

Smith & Nephew Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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244.83

239.50

228.75

245.55

215.73

Smith & Nephew 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															258.64	242.70	242.94	216.56	201.18

Competitive Comparison of Smith & Nephew's Days Payable

For the Medical Devices subindustry, Smith & Nephew'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.

Smith & Nephew's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Smith & Nephew's Days Payable falls into.

Smith & Nephew 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.

Smith & Nephew'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
=	( (1029	+	1016)	/	2 )	/	1730	*	365
=	1022.5					/	1730	*	365
=	215.73

Smith & Nephew'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
=	( (955	+	1016)	/	2 )	/	894	*	365 / 2
=	985.5					/	894	*	365 / 2
=	201.18

Smith & Nephew Days Payable Related Terms

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Smith & Nephew (Smith & Nephew) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Smith & Nephew PLC (NYSE:SNN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SNNUF:USA SNl:UK SN.:UK NPW1:Germany NPWA:Germany NPW1:Germany S1NN34:Brazil

Address

Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, GBR, WD18 8YE

Website

https://www.smith-nephew.com

Smith & Nephew designs, manufactures, and markets orthopedic devices, sports medicine and arthroscopic technologies, and wound-care solutions. Roughly 41% of the U.K.-based firm's revenue comes from orthopedic products, and another 30% is sports medicine and ENT. The remaining 29% of revenue is from the advanced wound therapy segment. Roughly half of Smith & Nephew's total revenue comes from the United States, just over 30% is from other developed markets, and emerging markets account for the remainder.