Sopharma AD-Sofia (XBUL:SFA) Days Payable : 40.81 (As of Dec. 2023)

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What is Sopharma AD-Sofia Days Payable?

Sopharma AD-Sofia's average Accounts Payable for the three months ended in Dec. 2023 was лв173 Mil. Sopharma AD-Sofia's Cost of Goods Sold for the three months ended in Dec. 2023 was лв387 Mil. Hence, Sopharma AD-Sofia's Days Payable for the three months ended in Dec. 2023 was 40.81.

The historical rank and industry rank for Sopharma AD-Sofia's Days Payable or its related term are showing as below:

XBUL:SFA' s Days Payable Range Over the Past 10 Years
Min: 38.61 Med: 44.44 Max: 53.84
Current: 41.77

During the past 13 years, Sopharma AD-Sofia's highest Days Payable was 53.84. The lowest was 38.61. And the median was 44.44.

XBUL:SFA's Days Payable is ranked worse than
82.11% of 95 companies
in the Medical Distribution industry
Industry Median: 74.64 vs XBUL:SFA: 41.77

Sopharma AD-Sofia's Days Payable increased from Dec. 2022 (39.77) to Dec. 2023 (40.81). It may suggest that Sopharma AD-Sofia delayed paying its suppliers.

Sopharma AD-Sofia Days Payable Historical Data

The historical data trend for Sopharma AD-Sofia'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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Sopharma AD-Sofia Days Payable Chart

Sopharma AD-Sofia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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44.58

44.90

44.30

41.23

42.96

Sopharma AD-Sofia Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															39.77	41.40	45.02	38.92	40.81

Competitive Comparison of Sopharma AD-Sofia's Days Payable

For the Medical Distribution subindustry, Sopharma AD-Sofia'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.

Sopharma AD-Sofia's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Sopharma AD-Sofia's Days Payable distribution charts can be found below:

* The bar in red indicates where Sopharma AD-Sofia's Days Payable falls into.

Sopharma AD-Sofia 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.

Sopharma AD-Sofia'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
=	( (152.483	+	193.391)	/	2 )	/	1469.271	*	365
=	172.937					/	1469.271	*	365
=	42.96

Sopharma AD-Sofia'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
=	( (152.948	+	193.391)	/	2 )	/	387.218	*	365 / 4
=	173.1695					/	387.218	*	365 / 4
=	40.81

Sopharma AD-Sofia Days Payable Related Terms

Thank you for viewing the detailed overview of Sopharma AD-Sofia's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sopharma AD-Sofia (XBUL:SFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sopharma AD-Sofia (XBUL:SFA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SPH:Poland

Address

5 Lachezar Stanchev Street, Sopharma Business Towers, Building A, Floor 11, Sofia, BGR, 1756

Website

https://www.sopharmagroup.com

Sopharma AD-Sofia is a company engaged in the production of pharmaceutical products. Its principal activities include the production and trade of medicinal substances and finished drug forms; and research and development as well as engineering and implementation activities in the field of medicinal products. It is also focused on the distribution of pharmaceuticals like medical supplies, sanitary materials, vitamins, food supplements, and cosmetics. The company's segments are organized based on the production of finished products which include Tablet dosage forms, Ampoule dosage forms, Medical products, Other forms, and Other revenue. Geographically company operates in Bulgaria and internationally.

Sopharma AD-Sofia (XBUL:SFA) Headlines

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