EQL Pharma AB (XSAT:EQL) Days Payable

: 80.62 (As of Dec. 2023)

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EQL Pharma AB's average Accounts Payable for the three months ended in Dec. 2023 was kr32.4 Mil. EQL Pharma AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr36.7 Mil. Hence, EQL Pharma AB's Days Payable for the three months ended in Dec. 2023 was 80.62.

The historical rank and industry rank for EQL Pharma AB's Days Payable or its related term are showing as below:

XSAT:EQL' s Days Payable Range Over the Past 10 Years
Min: 20.34 Med: 138 Max: 241.64
Current: 84.87

During the past 11 years, EQL Pharma AB's highest Days Payable was 241.64. The lowest was 20.34. And the median was 138.00.

XSAT:EQL's Days Payable is ranked worse than
51.48% of 979 companies
in the Drug Manufacturers industry
Industry Median: 86.3 vs XSAT:EQL: 84.87

EQL Pharma AB's Days Payable increased from Dec. 2022 (45.42) to Dec. 2023 (80.62). It may suggest that EQL Pharma AB delayed paying its suppliers.

EQL Pharma AB Days Payable Historical Data

The historical data trend for EQL Pharma AB'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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EQL Pharma AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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140.97

112.70

44.40

20.34

57.75

EQL Pharma AB 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															45.42	76.21	102.55	75.45	80.62

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, EQL Pharma AB'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.

EQL Pharma AB Days Payable Distribution

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

* The bar in red indicates where EQL Pharma AB's Days Payable falls into.

EQL Pharma AB 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.

EQL Pharma AB's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (15.975	+	29.61)	/	2 )	/	144.063	*	365
=	22.7925					/	144.063	*	365
=	57.75

EQL Pharma AB'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
=	( (21.202	+	43.667)	/	2 )	/	36.712	*	365 / 4
=	32.4345					/	36.712	*	365 / 4
=	80.62

EQL Pharma AB Days Payable Related Terms

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EQL Pharma AB (XSAT:EQL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » EQL Pharma AB (XSAT:EQL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7JK:Germany

Address

Stortorget 1, 3rd Floor, Lund, SWE, 222 23

Website

http://www.eqlpharma.com

EQL Pharma AB is a pharmaceutical company engaged in developing and selling medicines to pharmacies and hospitals. The products offered by the company include generics and parallel imports. It operates and markets products to Nordic countries of Sweden, Denmark, Finland and Norway.

EQL Pharma AB (XSAT:EQL) Headlines

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