Gerresheimer AG (WBO:GXI) Days Payable : 96.20 (As of Feb. 2024)

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What is Gerresheimer AG Days Payable?

Gerresheimer AG's average Accounts Payable for the three months ended in Feb. 2024 was €355 Mil. Gerresheimer AG's Cost of Goods Sold for the three months ended in Feb. 2024 was €337 Mil. Hence, Gerresheimer AG's Days Payable for the three months ended in Feb. 2024 was 96.20.

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

WBO:GXI' s Days Payable Range Over the Past 10 Years
Min: 49.35 Med: 71.26 Max: 97.47
Current: 82.1

During the past 13 years, Gerresheimer AG's highest Days Payable was 97.47. The lowest was 49.35. And the median was 71.26.

WBO:GXI's Days Payable is ranked better than
55.85% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs WBO:GXI: 82.10

Gerresheimer AG's Days Payable increased from Feb. 2023 (91.82) to Feb. 2024 (96.20). It may suggest that Gerresheimer AG delayed paying its suppliers.

Gerresheimer AG Days Payable Historical Data

The historical data trend for Gerresheimer 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.

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Gerresheimer AG Days Payable Chart

Gerresheimer AG Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

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70.17

80.55

86.05

92.10

97.47

Gerresheimer AG Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															91.82	75.77	77.86	81.02	96.20

Competitive Comparison of Gerresheimer AG's Days Payable

For the Medical Instruments & Supplies subindustry, Gerresheimer 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.

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

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

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

Gerresheimer 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.

Gerresheimer AG's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (356.789	+	387.283)	/	2 )	/	1393.172	*	365
=	372.036					/	1393.172	*	365
=	97.47

Gerresheimer AG's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (387.283	+	322.355)	/	2 )	/	336.545	*	365 / 4
=	354.819					/	336.545	*	365 / 4
=	96.20

Gerresheimer AG Days Payable Related Terms

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Gerresheimer AG (WBO:GXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Gerresheimer AG (WBO:GXI) » Definitions » Days Payable

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Traded in Other Exchanges

GXId:UK 0NTI:UK GXI:Germany

Address

Klaus-Bungert-Strasse 4, Duesseldorf, NW, DEU, 40468

Website

https://www.gerresheimer.com

Gerresheimer AG provides medicine packaging, drug delivery devices, and solutions with a product range for pharma, health, well-being, and biotech. The firm operates in three segments: The plastics and devices segment consists of products for simple and safe drug delivery along with packaging for liquid and solid medicines, The primary packaging glass segment produces glass packaging products for the pharma and cosmetics industries also for food and beverage industry and The advanced technologies segment works on technical and digital solutions to improve the therapy outcome for patients. The company generates the majority of its revenue in Europe, with sales in Germany contributing the major proportion of any country.

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