AORT (Artivion) Days Payable : 37.10 (As of Dec. 2024)

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What is Artivion Days Payable?

Artivion's average Accounts Payable for the three months ended in Dec. 2024 was $14.6 Mil. Artivion's Cost of Goods Sold for the three months ended in Dec. 2024 was $35.8 Mil. Hence, Artivion's Days Payable for the three months ended in Dec. 2024 was 37.10.

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

AORT' s Days Payable Range Over the Past 10 Years
Min: 30.05 Med: 36.4 Max: 46.36
Current: 33.71

During the past 13 years, Artivion's highest Days Payable was 46.36. The lowest was 30.05. And the median was 36.40.

AORT's Days Payable is ranked worse than
81.64% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 70.23 vs AORT: 33.71

Artivion's Days Payable increased from Dec. 2023 (33.81) to Dec. 2024 (37.10). It may suggest that Artivion delayed paying its suppliers.

Artivion Days Payable Historical Data

The historical data trend for Artivion'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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Artivion Days Payable Chart

Artivion Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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41.48

36.06

36.74

37.02

40.86

Artivion Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															33.81	31.35	29.07	30.02	37.10

Competitive Comparison of Artivion's Days Payable

For the Medical Devices subindustry, Artivion'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.

Artivion's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Artivion's Days Payable distribution charts can be found below:

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

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Artivion 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.

Artivion's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (13.318	+	17.971)	/	2 )	/	139.756	*	365
=	15.6445					/	139.756	*	365
=	40.86

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

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (11.146	+	17.971)	/	2 )	/	35.806	*	365 / 4
=	14.5585					/	35.806	*	365 / 4
=	37.10

Artivion Days Payable Related Terms

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Artivion Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Artivion Inc (NYSE:AORT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CYL:Germany CYL:Germany

Address

1655 Roberts Boulevard North West, Kennesaw, GA, USA, 30144

Website

https://www.artivion.com

Artivion Inc offers cardiac and vascular surgeons a suite of aortic-centric solutions. The company's products include Aortic Heart Valve, Mitral Heart Valve, Aortic Allograft, Pulmonary Human Heart Valve, Pulmonary Patch, and Surgical Adhesive among others. The company's has two reportable segments: Medical Devices and Preservation Services. The Medical Devices segment includes revenues from sales of aortic stent grafts, surgical sealants, On-X products, and other product revenues. The Preservation Services segment includes services revenues from the preservation of cardiac and vascular implantable human tissues. Company operates in North America, EMEA. LATAM, APAC. Maximum revenue is from North America.

Executives

Jean F Holloway	officer: VP, General Counsel	C/O ARTIVION INC, 1655 ROBERTS BLVD, KENNESAW GA 30144
John E Davis	officer: Senior VP, Global Sales	1655 ROBERTS BLVD., NW, KENNESAW GA 30144
Marshall S. Stanton	officer: SVP, Clinical & MD Affair	1655 ROBERTS BLVD, NW, KENNESAW GA 30144
Amy Horton	officer: Chief Accounting Officer	C/O CRYOLIFE, INC., 1655 ROBERTS BLVD., NW, KENNESAW GA 30144
James P Mackin	officer: President & CEO	ARTIVION, INC., 1655 ROBERTS BLVD, NW, KENNESAW GA 30144
Anthony B. Semedo	director	3288 HARRISON GRADE ROAD, SEBASTOPOL CA 95472
Andrew M Green	officer: VP Regulatory	ARTIVION INC, 1655 ROBERTS BLVD, KENNESAW GA 30144
Matthew A Getz	officer: VP, Human Resources	1655 ROBERTS BLVD NW, KENNESAW GA 30144
Rochelle L. Maney	officer: VP, Quality	1655 ROBERTS BLVD, NW, KENNESAW GA 30144
Florian Tyrs	officer: VP, Global Operations	IM SOELLER 3, BALINGEN 2M 72336
Robert C Thomson	officer: VP Research & Development	33 HABERSHAM COVE DRIVE, NW, ATLANTA GA 30305
Dennis B Maier	officer: Vice President, Operations	1655 ROBERTS BLVD, NW, KENNESAW GA 30144
David Ashley Lee	officer: Executive VP, COO & CFO	C/O CRYOLIFE INC, 1655 ROBERTS BLVD NW, KENNESAW GA 30144
Elizabeth A Hoff	director	2701 WESTHEIMER ROAD, UNIT 1-E, HOUSTON TX 77098
Ronald D Mccall	director	C/O CRYOLIFE, INC., 1655 ROBERTS BOULEVARD, NW, KENNESAW GA 30144