Apiam Animal Health (ASX:AHX) Days Payable : 60.50 (As of Dec. 2023)

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What is Apiam Animal Health Days Payable?

Apiam Animal Health's average Accounts Payable for the six months ended in Dec. 2023 was A$11.1 Mil. Apiam Animal Health's Cost of Goods Sold for the six months ended in Dec. 2023 was A$33.4 Mil. Hence, Apiam Animal Health's Days Payable for the six months ended in Dec. 2023 was 60.50.

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

ASX:AHX' s Days Payable Range Over the Past 10 Years
Min: 31.48 Med: 42.43 Max: 77.21
Current: 62.78

During the past 8 years, Apiam Animal Health's highest Days Payable was 77.21. The lowest was 31.48. And the median was 42.43.

ASX:AHX's Days Payable is ranked better than
71.43% of 98 companies
in the Personal Services industry
Industry Median: 29.96 vs ASX:AHX: 62.78

Apiam Animal Health's Days Payable increased from Dec. 2022 (57.12) to Dec. 2023 (60.50). It may suggest that Apiam Animal Health delayed paying its suppliers.

Apiam Animal Health Days Payable Historical Data

The historical data trend for Apiam Animal Health'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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Apiam Animal Health Days Payable Chart

Apiam Animal Health Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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53.95

43.09

38.61

35.99

31.48

Apiam Animal Health Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial												57.53	52.41	57.12	50.49	60.50

Competitive Comparison of Apiam Animal Health's Days Payable

For the Personal Services subindustry, Apiam Animal Health'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.

Apiam Animal Health's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Apiam Animal Health's Days Payable distribution charts can be found below:

* The bar in red indicates where Apiam Animal Health's Days Payable falls into.

Apiam Animal Health 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.

Apiam Animal Health's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (5.737	+	6.317)	/	2 )	/	69.877	*	365
=	6.027					/	69.877	*	365
=	31.48

Apiam Animal Health'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
=	( (6.317	+	15.847)	/	2 )	/	33.429	*	365 / 2
=	11.082					/	33.429	*	365 / 2
=	60.50

Apiam Animal Health Days Payable Related Terms

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Apiam Animal Health (ASX:AHX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Apiam Animal Health Ltd (ASX:AHX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

27- 33 Piper Lane, East Bendigo, Bendigo, VIC, AUS, 3550

Website

https://www.apiam.com.au

Apiam Animal Health Ltd provides products and services to support the health and welfare of production and mixed animals. The company offers veterinary wholesale, warehousing, logistics, and other ancillary services. Its operating segments include Dairy and Mixed, Feedlots and Pigs. It generates the majority of its revenue from Dairy and Mixed.

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