Redcare Pharmacy NV (WBO:SHOP) Days Payable : 33.22 (As of Mar. 2024)

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What is Redcare Pharmacy NV Days Payable?

Redcare Pharmacy NV's average Accounts Payable for the three months ended in Mar. 2024 was €156 Mil. Redcare Pharmacy NV's Cost of Goods Sold for the three months ended in Mar. 2024 was €429 Mil. Hence, Redcare Pharmacy NV's Days Payable for the three months ended in Mar. 2024 was 33.22.

The historical rank and industry rank for Redcare Pharmacy NV's Days Payable or its related term are showing as below:

WBO:SHOP' s Days Payable Range Over the Past 10 Years
Min: 18.61 Med: 29.21 Max: 37.65
Current: 35.46

During the past 11 years, Redcare Pharmacy NV's highest Days Payable was 37.65. The lowest was 18.61. And the median was 29.21.

WBO:SHOP's Days Payable is ranked worse than
70.12% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 61.58 vs WBO:SHOP: 35.46

Redcare Pharmacy NV's Days Payable increased from Mar. 2023 (28.65) to Mar. 2024 (33.22). It may suggest that Redcare Pharmacy NV delayed paying its suppliers.

Redcare Pharmacy NV Days Payable Historical Data

The historical data trend for Redcare Pharmacy NV'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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Redcare Pharmacy NV Days Payable Chart

Redcare Pharmacy NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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18.61

20.16

29.76

30.76

29.68

Redcare Pharmacy NV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															28.65	38.39	40.54	34.90	33.22

Competitive Comparison of Redcare Pharmacy NV's Days Payable

For the Pharmaceutical Retailers subindustry, Redcare Pharmacy NV'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.

Redcare Pharmacy NV's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Redcare Pharmacy NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Redcare Pharmacy NV's Days Payable falls into.

Redcare Pharmacy NV 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.

Redcare Pharmacy NV'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
=	( (68.944	+	151.996)	/	2 )	/	1358.375	*	365
=	110.47					/	1358.375	*	365
=	29.68

Redcare Pharmacy NV's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (151.996	+	160.582)	/	2 )	/	429.336	*	365 / 4
=	156.289					/	429.336	*	365 / 4
=	33.22

Redcare Pharmacy NV Days Payable Related Terms

Thank you for viewing the detailed overview of Redcare Pharmacy NV's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Redcare Pharmacy NV (WBO:SHOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Redcare Pharmacy NV (WBO:SHOP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SAEYY:USA RDCd:UK 0RJT:UK RDC:Germany

Address

Erik de Rodeweg 11/13, Sevenum, NLD, 5975 WD

Website

https://www.shop-apotheke.com

Redcare Pharmacy NV Formerly Shop Apotheke Europe NV operates an online pharmacy store. Its product portfolio is focused on non-prescription medications, over-the-counter medications, and pharmacy-related beauty and personal care products. The company's operating segment includes DACH and International. It generates maximum revenue domestically from the DACH segment. Geographically, it has a presence in Germany, Belgium, Spain, France, and Italy.