Patterson (XTER:PD2) Days Payable : 50.26 (As of Jan. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Patterson Days Payable?

Patterson's average Accounts Payable for the three months ended in Jan. 2024 was €640 Mil. Patterson's Cost of Goods Sold for the three months ended in Jan. 2024 was €1,161 Mil. Hence, Patterson's Days Payable for the three months ended in Jan. 2024 was 50.26.

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

XTER:PD2' s Days Payable Range Over the Past 10 Years
Min: 39.95 Med: 50.33 Max: 64.22
Current: 49.68

During the past 13 years, Patterson's highest Days Payable was 64.22. The lowest was 39.95. And the median was 50.33.

XTER:PD2's Days Payable is ranked worse than
74.74% of 95 companies
in the Medical Distribution industry
Industry Median: 74.64 vs XTER:PD2: 49.68

Patterson's Days Payable declined from Jan. 2023 (53.83) to Jan. 2024 (50.26). It may suggest that Patterson accelerated paying its suppliers.

Patterson Days Payable Historical Data

The historical data trend for Patterson'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.

Patterson Days Payable Chart

Patterson Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

Get a 7-Day Free Trial

50.26

63.32

60.38

43.13

50.71

Patterson Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															53.83	49.34	52.56	47.70	50.26

Competitive Comparison of Patterson's Days Payable

For the Medical Distribution subindustry, Patterson'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.

Patterson's Days Payable Distribution in the Medical Distribution Industry

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

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

Patterson 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.

Patterson's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (630.903	+	661.194)	/	2 )	/	4649.856	*	365
=	646.0485					/	4649.856	*	365
=	50.71

Patterson's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (652.187	+	627.269)	/	2 )	/	1161.351	*	365 / 4
=	639.728					/	1161.351	*	365 / 4
=	50.26

Patterson Days Payable Related Terms

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

Patterson (XTER:PD2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Patterson Companies Inc (XTER:PD2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PDCO:USA PD2:Germany PD2:Germany

Address

1031 Mendota Heights Road, Saint Paul, MN, USA, 55120

Website

https://www.pattersoncompanies.com

Patterson Companies Inc is a leading dental distributor and wholesaler of consumable products and equipment operating through two business segments, Patterson Dental, and Patterson Animal Health. The company's segment includes Dental, Animal Health, and Corporate. It generates maximum revenue from the Animal Health segment. Geographically, it derives a majority of its revenue from the United States.

Patterson (XTER:PD2) Headlines

No Headlines