Visioneering Technologies (ASX:VTI) Days Payable : 88.37 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Visioneering Technologies Days Payable?

Visioneering Technologies's average Accounts Payable for the six months ended in Dec. 2023 was A$1.24 Mil. Visioneering Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was A$2.57 Mil. Hence, Visioneering Technologies's Days Payable for the six months ended in Dec. 2023 was 88.37.

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

ASX:VTI' s Days Payable Range Over the Past 10 Years
Min: 15.9 Med: 39.52 Max: 65.95
Current: 62.93

During the past 7 years, Visioneering Technologies's highest Days Payable was 65.95. The lowest was 15.90. And the median was 39.52.

ASX:VTI's Days Payable is ranked worse than
56.47% of 788 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs ASX:VTI: 62.93

Visioneering Technologies's Days Payable increased from Dec. 2022 (39.79) to Dec. 2023 (88.37). It may suggest that Visioneering Technologies delayed paying its suppliers.

Visioneering Technologies Days Payable Historical Data

The historical data trend for Visioneering Technologies'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.

Visioneering Technologies Days Payable Chart

Visioneering Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

20.10

40.21

37.32

39.93

39.52

Visioneering Technologies Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									38.76	44.38	39.79	63.76	88.37

Competitive Comparison of Visioneering Technologies's Days Payable

For the Medical Devices subindustry, Visioneering Technologies'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.

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

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

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

Visioneering Technologies 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.

Visioneering Technologies'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
=	( (0.528	+	0.737)	/	2 )	/	5.842	*	365
=	0.6325					/	5.842	*	365
=	39.52

Visioneering Technologies'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
=	( (1.752	+	0.737)	/	2 )	/	2.57	*	365 / 2
=	1.2445					/	2.57	*	365 / 2
=	88.37

Visioneering Technologies Days Payable Related Terms

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

Visioneering Technologies (ASX:VTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Visioneering Technologies Inc (ASX:VTI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10745 Westside Way, Suite 200, Alpharetta, GA, USA, 30009

Website

http://www.vtivision.com

Visioneering Technologies Inc is a medical device company. It designs, manufactures, sales and distributes its NaturalVue daily disposable multifocal contact lenses for adults with Presbyopia and children with Myopia. The company offers NaturalVue MF contact lenses. Its Multifocal contact lens provides Presbyopia patients with near, intermediate, and distance vision and which is much easier for eye care professionals to fit their patients.