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CurveBeam AI (ASX:CVB) Days Payable : 320.60 (As of Dec. 2023)


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What is CurveBeam AI Days Payable?

CurveBeam AI's average Accounts Payable for the six months ended in Dec. 2023 was A$3.15 Mil. CurveBeam AI's Cost of Goods Sold for the six months ended in Dec. 2023 was A$1.79 Mil. Hence, CurveBeam AI's Days Payable for the six months ended in Dec. 2023 was 320.60.

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

ASX:CVB' s Days Payable Range Over the Past 10 Years
Min: 241.41   Med: 241.41   Max: 641.19
Current: 641.19

During the past 3 years, CurveBeam AI's highest Days Payable was 641.19. The lowest was 241.41. And the median was 241.41.

ASX:CVB's Days Payable is ranked better than
93% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.905 vs ASX:CVB: 641.19

CurveBeam AI's Days Payable increased from Jun. 2022 (0.00) to Dec. 2023 (320.60). It may suggest that CurveBeam AI delayed paying its suppliers.


CurveBeam AI Days Payable Historical Data

The historical data trend for CurveBeam AI'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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CurveBeam AI Days Payable Chart

CurveBeam AI Annual Data
Trend Jun21 Jun22 Jun23
Days Payable
- - 241.41

CurveBeam AI Semi-Annual Data
Jun21 Dec21 Jun22 Jun23 Dec23
Days Payable - - - - 320.60

Competitive Comparison of CurveBeam AI's Days Payable

For the Medical Devices subindustry, CurveBeam AI'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.


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

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

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



CurveBeam AI 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.

CurveBeam AI'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
=( (0 + 2.422) / 1 ) / 3.662*365
=2.422 / 3.662*365
=241.41

CurveBeam AI'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
=( (2.422 + 3.874) / 2 ) / 1.792*365 / 2
=3.148 / 1.792*365 / 2
=320.60

* 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.


CurveBeam AI Days Payable Related Terms

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CurveBeam AI (ASX:CVB) Business Description

Traded in Other Exchanges
N/A
Address
10?16 Queen Street, Level 10, Melbourne, VIC, AUS, 3000
CurveBeam AI Ltd is a manufacturer of specialized imaging equipment that has developed software that, through the use of artificial intelligence (AI), and deep learning AI (DLAI), automates the scan processing and analysis of the high-quality images produced from the Company's CT devices to assist in the clinical assessment and management of musculoskeletal health conditions, with a focus on orthopedic and bone health issues. The Company is the first to market with natural bilateral weight-bearing and non-weight-bearing CT, point-of-care imaging equipment with targeted proprietary AI solutions.

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