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American Oncology Network (American Oncology Network) Days Payable : 40.62 (As of Mar. 2024)


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What is American Oncology Network Days Payable?

American Oncology Network's average Accounts Payable for the three months ended in Mar. 2024 was $157.99 Mil. American Oncology Network's Cost of Goods Sold for the three months ended in Mar. 2024 was $354.95 Mil. Hence, American Oncology Network's Days Payable for the three months ended in Mar. 2024 was 40.62.

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

AONCW' s Days Payable Range Over the Past 10 Years
Min: 34.52   Med: 35.72   Max: 54.1
Current: 54.1

During the past 4 years, American Oncology Network's highest Days Payable was 54.10. The lowest was 34.52. And the median was 35.72.

AONCW's Days Payable is ranked worse than
55.39% of 594 companies
in the Healthcare Providers & Services industry
Industry Median: 62.115 vs AONCW: 54.10

American Oncology Network's Days Payable increased from Dec. 2022 (35.52) to Mar. 2024 (40.62). It may suggest that American Oncology Network delayed paying its suppliers.


American Oncology Network Days Payable Historical Data

The historical data trend for American Oncology Network'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.

American Oncology Network Days Payable Chart

American Oncology Network Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
- 39.17 34.52 35.72

American Oncology Network Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial 35.52 34.89 35.33 35.86 40.62

Competitive Comparison of American Oncology Network's Days Payable

For the Medical Care Facilities subindustry, American Oncology Network'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.


American Oncology Network's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, American Oncology Network's Days Payable distribution charts can be found below:

* The bar in red indicates where American Oncology Network's Days Payable falls into.



American Oncology Network 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.

American Oncology Network'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
=( (106.495 + 127.645) / 2 ) / 1196.389*365
=117.07 / 1196.389*365
=35.72

American Oncology Network'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
=( (127.645 + 188.329) / 2 ) / 354.948*365 / 4
=157.987 / 354.948*365 / 4
=40.62

* 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.


American Oncology Network Days Payable Related Terms

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American Oncology Network (American Oncology Network) Business Description

Traded in Other Exchanges
Address
10485 NE 6th Street, Unit 3930, Bellevue, WA, USA, 98004
American Oncology Network Inc Formerly American Oncology Network LLC is an alliance of physicians and seasoned healthcare leaders who provide comprehensive oncology services through 24 oncology practices located in Arkansas, Louisiana, Indiana, Virginia, Ohio, Nevada, Iowa, Missouri, Washington, North Carolina, Michigan, Maryland, South Carolina, Arizona, and Georgia. The Company also provides expertise in drug procurement and payor contracting, along with practice diversification through centralized laboratory and pathology services, as well as specialty pharmacy services.