Medmix AG (XSWX:MEDX) Days Payable : 64.47 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Medmix AG Days Payable?

Medmix AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF57.6 Mil. Medmix AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF162.9 Mil. Hence, Medmix AG's Days Payable for the six months ended in Dec. 2023 was 64.47.

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

XSWX:MEDX' s Days Payable Range Over the Past 10 Years
Min: 46.86 Med: 53.65 Max: 60.09
Current: 60.09

During the past 6 years, Medmix AG's highest Days Payable was 60.09. The lowest was 46.86. And the median was 53.65.

XSWX:MEDX's Days Payable is ranked worse than
61.26% of 2930 companies
in the Industrial Products industry
Industry Median: 76 vs XSWX:MEDX: 60.09

Medmix AG's Days Payable increased from Dec. 2022 (55.92) to Dec. 2023 (64.47). It may suggest that Medmix AG delayed paying its suppliers.

Medmix AG Days Payable Historical Data

The historical data trend for Medmix 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.

* Premium members only.

Medmix AG Days Payable Chart

Medmix AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

56.38

53.59

46.86

53.53

53.70

Medmix AG Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					50.79	51.71	55.92	62.13	64.47

Competitive Comparison of Medmix AG's Days Payable

For the Specialty Industrial Machinery subindustry, Medmix 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.

Medmix AG's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Medmix AG's Days Payable distribution charts can be found below:

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

Medmix 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.

Medmix AG'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
=	( (47.4	+	49.4)	/	2 )	/	329	*	365
=	48.4					/	329	*	365
=	53.70

Medmix AG'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (65.7	+	49.4)	/	2 )	/	162.9	*	365 / 2
=	57.55					/	162.9	*	365 / 2
=	64.47

Medmix AG Days Payable Related Terms

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

Medmix AG (XSWX:MEDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Medmix AG (XSWX:MEDX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MDMXF:USA MEDXz:UK

Address

Dammstrasse 19, Baar, Zug, CHE, 6340

Website

https://www.medmix.swiss

Medmix AG delivers technologies in high-precision delivery devices and fluid mixing for applications. It is into two business areas Healthcare and Consumer & Industrial. The Healthcare business area is divided into the Dental, Drug Delivery and Surgery segments. The Consumer & Industrial business area operates through the Industry and Beauty segments. The majority of revenue is from Consumer & Industrial segment. In the Industry segment, dispensers, cartridges, and mixers are used in the construction, transportation (automotive, railways and aerospace), electronics assembly, infrastructure and DIY industries. Geographically, it operates in Europe the Middle East and Africa, the Americas and Asia-Pacific.