BWAY (BrainsWay) Days Payable : 47.22 (As of Sep. 2024)

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What is BrainsWay Days Payable?

BrainsWay's average Accounts Payable for the three months ended in Sep. 2024 was $1.44 Mil. BrainsWay's Cost of Goods Sold for the three months ended in Sep. 2024 was $2.78 Mil. Hence, BrainsWay's Days Payable for the three months ended in Sep. 2024 was 47.22.

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

BWAY' s Days Payable Range Over the Past 10 Years
Min: 37.32 Med: 129.33 Max: 850.22
Current: 37.32

During the past 11 years, BrainsWay's highest Days Payable was 850.22. The lowest was 37.32. And the median was 129.33.

BWAY's Days Payable is ranked worse than
78.03% of 792 companies
in the Medical Devices & Instruments industry
Industry Median: 69.87 vs BWAY: 37.32

BrainsWay's Days Payable increased from Sep. 2023 (22.10) to Sep. 2024 (47.22). It may suggest that BrainsWay delayed paying its suppliers.

BrainsWay Days Payable Historical Data

The historical data trend for BrainsWay'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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BrainsWay Days Payable Chart

BrainsWay Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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126.78

75.81

52.08

56.78

41.17

BrainsWay 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															22.10	24.92	32.97	46.24	47.22

Competitive Comparison of BrainsWay's Days Payable

For the Medical Devices subindustry, BrainsWay'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.

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

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

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

BrainsWay 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.

BrainsWay'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
=	( (1.116	+	0.758)	/	2 )	/	8.308	*	365
=	0.937					/	8.308	*	365
=	41.17

BrainsWay'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
=	( (1.609	+	1.269)	/	2 )	/	2.781	*	365 / 4
=	1.439					/	2.781	*	365 / 4
=	47.22

BrainsWay Days Payable Related Terms

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BrainsWay Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » BrainsWay Ltd (NAS:BWAY) » Definitions » Days Payable

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BWAY:Israel

Address

19 Hartum Street, 3rd Floor, Bynet Building, Har Hotzvim, Jerusalem, ISR, 9777518

Website

https://www.brainsway.com

BrainsWay Ltd is engaged in advanced noninvasive neurostimulation treatments for mental health disorders. The company is advancing neuroscience with its proprietary Deep Transcranial Magnetic Stimulation (Deep TMS) platform technology to improve health and transform lives. Current indications include depressive disorder (including reduction of anxiety symptoms, commonly referred to as anxious depression), obsessive-compulsive disorder and smoking addiction. Additional clinical trials of Deep TMS in various psychiatric, neurological, and addiction disorders are underway. The company derives revenues from the lease and sale of Deep TMS systems.