Ascom Holding AG (CHIX:ASCNZ) Days Payable : 36.97 (As of Dec. 2023)

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What is Ascom Holding AG Days Payable?

Ascom Holding AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF15.6 Mil. Ascom Holding AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF77.0 Mil. Hence, Ascom Holding AG's Days Payable for the six months ended in Dec. 2023 was 36.97.

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

CHIX:ASCNz' s Days Payable Range Over the Past 10 Years
Min: 37.3 Med: 46.01 Max: 55.71
Current: 37.3

During the past 13 years, Ascom Holding AG's highest Days Payable was 55.71. The lowest was 37.30. And the median was 46.01.

CHIX:ASCNz's Days Payable is ranked worse than
68.87% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 62.12 vs CHIX:ASCNz: 37.30

Ascom Holding AG's Days Payable declined from Dec. 2022 (37.47) to Dec. 2023 (36.97). It may suggest that Ascom Holding AG accelerated paying its suppliers.

Ascom Holding AG Days Payable Historical Data

The historical data trend for Ascom Holding AG'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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Ascom Holding AG Days Payable Chart

Ascom Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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44.82

47.20

41.38

39.15

38.75

Ascom Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	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															36.68	37.43	37.47	36.20	36.97

Competitive Comparison of Ascom Holding AG's Days Payable

For the Health Information Services subindustry, Ascom Holding AG'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.

Ascom Holding AG's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ascom Holding AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Ascom Holding AG's Days Payable falls into.

Ascom Holding AG 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.

Ascom Holding AG'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
=	( (16.6	+	16.5)	/	2 )	/	155.9	*	365
=	16.55					/	155.9	*	365
=	38.75

Ascom Holding AG'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
=	( (14.7	+	16.5)	/	2 )	/	77	*	365 / 2
=	15.6					/	77	*	365 / 2
=	36.97

Ascom Holding AG Days Payable Related Terms

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Ascom Holding AG (CHIX:ASCNZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ascom Holding AG (CHIX:ASCNz) » Definitions » Days Payable

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Traded in Other Exchanges

ASCN:Switzerland

Address

Zugerstrasse 32, Baar, CHE, 6340

Website

http://www.ascom.com

Ascom Holding AG is a global solutions provider focused on healthcare ICT and mobile workflow solutions. The company consists of a business unit, the purpose of which is to use its unique product and solutions portfolio and software architecture capabilities to devise integration and mobilization solutions that provide digitalized, complete and efficient workflows for healthcare as well as for industry, security, and retail sectors. The compnay has three segment OEM, Enterprise, Healthcare. It derives a majority of revenue from healthcare segment.

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