Merck KGaA (WBO:MRCK) Days Payable : 78.70 (As of Dec. 2023)

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What is Merck KGaA Days Payable?

Merck KGaA's average Accounts Payable for the three months ended in Dec. 2023 was €2,007 Mil. Merck KGaA's Cost of Goods Sold for the three months ended in Dec. 2023 was €2,327 Mil. Hence, Merck KGaA's Days Payable for the three months ended in Dec. 2023 was 78.70.

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

WBO:MRCK' s Days Payable Range Over the Past 10 Years
Min: 65.47 Med: 106.38 Max: 150.26
Current: 87.75

During the past 13 years, Merck KGaA's highest Days Payable was 150.26. The lowest was 65.47. And the median was 106.38.

WBO:MRCK's Days Payable is ranked better than
50.87% of 977 companies
in the Drug Manufacturers industry
Industry Median: 86.23 vs WBO:MRCK: 87.75

Merck KGaA's Days Payable declined from Dec. 2022 (80.72) to Dec. 2023 (78.70). It may suggest that Merck KGaA accelerated paying its suppliers.

Merck KGaA Days Payable Historical Data

The historical data trend for Merck 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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Merck KGaA Days Payable Chart

Merck KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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116.08

84.08

65.47

67.16

71.43

Merck 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	Get a 7-Day Free Trial															80.72	90.70	100.87	98.07	78.70

Competitive Comparison of Merck KGaA's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Merck 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.

Merck KGaA's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Merck KGaA's Days Payable distribution charts can be found below:

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

Merck 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.

Merck 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
=	( (1596	+	1770)	/	2 )	/	8600	*	365
=	1683					/	8600	*	365
=	71.43

Merck 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
=	( (2244	+	1770)	/	2 )	/	2327	*	365 / 4
=	2007					/	2327	*	365 / 4
=	78.70

Merck KGaA Days Payable Related Terms

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Merck KGaA (WBO:MRCK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Merck KGaA (WBO:MRCK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MKKGY:USA MKGAF:USA MRK:Italy MRKd:UK 0O14:UK MRK:Germany

Address

Frankfurter Strasse 250, Darmstadt, HE, DEU, 64293

Website

https://www.emdgroup.com

Merck KGaA operates in three main segments: life sciences, performance materials, and healthcare. The life sciences segment (47% of 2022 sales) primarily provides laboratory consumables and services to researchers in academia and applied fields, including the biopharmaceutical industry. In the healthcare segment (35%), Merck develops, manufactures, and sells branded pharmaceuticals with significant therapeutic concentrations in oncology, multiple sclerosis, and fertility. In its electronics segment (18%), the company offers specialty materials to manufacture a variety of products, such as semiconductors, flat-screen televisions, automobiles, and cosmetics. In 1995, the E. Merck KG family publicly sold part of the company, resulting in the current 30% public ownership of the firm.

Merck KGaA (WBO:MRCK) Headlines

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