BSXPA.PFD (Boston Scientific) Days Payable : 63.05 (As of Sep. 2024)

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What is Boston Scientific Days Payable?

Boston Scientific's average Accounts Payable for the three months ended in Sep. 2024 was $906.50 Mil. Boston Scientific's Cost of Goods Sold for the three months ended in Sep. 2024 was $1,312.00 Mil. Hence, Boston Scientific's Days Payable for the three months ended in Sep. 2024 was 63.05.

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

BSXpA.PFD' s Days Payable Range Over the Past 10 Years
Min: 38.32 Med: 55.25 Max: 76.4
Current: 68.08

During the past 13 years, Boston Scientific's highest Days Payable was 76.40. The lowest was 38.32. And the median was 55.25.

BSXpA.PFD's Days Payable is ranked worse than
51.26% of 792 companies
in the Medical Devices & Instruments industry
Industry Median: 70.18 vs BSXpA.PFD: 68.08

Boston Scientific's Days Payable declined from Sep. 2023 (75.75) to Sep. 2024 (63.05). It may suggest that Boston Scientific accelerated paying its suppliers.

Boston Scientific Days Payable Historical Data

The historical data trend for Boston Scientific'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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Boston Scientific Days Payable Chart

Boston Scientific Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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51.12

54.85

64.28

76.40

75.77

Boston Scientific Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															75.75	74.42	70.31	65.64	63.05

Competitive Comparison of Boston Scientific's Days Payable

For the Medical Devices subindustry, Boston Scientific'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.

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

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

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

Boston Scientific 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.

Boston Scientific'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
=	( (862	+	942)	/	2 )	/	4345	*	365
=	902					/	4345	*	365
=	75.77

Boston Scientific's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (906	+	907)	/	2 )	/	1312	*	365 / 4
=	906.5					/	1312	*	365 / 4
=	63.05

Boston Scientific Days Payable Related Terms

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Boston Scientific Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Boston Scientific Corp (NYSE:BSXpA.PFD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BSX:USA BSX:Mexico 1BSX:Italy 0HOY:UK BSX:Germany BSX:Germany BSX:Germany B1SX34:Brazil BSXC:Austria

Address

300 Boston Scientific Way, Marlborough, MA, USA, 01752-1234

Website

https://www.bostonscientific.com

Boston Scientific produces less invasive medical devices that are inserted into the human body through small openings or cuts. It manufactures products for use in angioplasty, blood clot filtration, kidney stone management, cardiac rhythm management, catheter-directed ultrasound imaging, upper gastrointestinal tract diagnostics, interventional oncology, neuromodulation for chronic pain, and treatment of incontinence. The firm markets its devices to healthcare professionals and institutions globally. Foreign sales account for nearly half of the firm's total sales.