Demant AS (CHIX:DEMANC) Days Payable : 50.27 (As of Dec. 2024)

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What is Demant AS Days Payable?

Demant AS's average Accounts Payable for the six months ended in Dec. 2024 was kr758 Mil. Demant AS's Cost of Goods Sold for the six months ended in Dec. 2024 was kr2,752 Mil. Hence, Demant AS's Days Payable for the six months ended in Dec. 2024 was 50.27.

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

CHIX:DEMANc' s Days Payable Range Over the Past 10 Years
Min: 49.9 Med: 59.06 Max: 66.07
Current: 52.85

During the past 13 years, Demant AS's highest Days Payable was 66.07. The lowest was 49.90. And the median was 59.06.

CHIX:DEMANc's Days Payable is ranked worse than
64.42% of 787 companies
in the Medical Devices & Instruments industry
Industry Median: 69.06 vs CHIX:DEMANc: 52.85

Demant AS's Days Payable declined from Dec. 2023 (56.91) to Dec. 2024 (50.27). It may suggest that Demant AS accelerated paying its suppliers.

Demant AS Days Payable Historical Data

The historical data trend for Demant AS'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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Demant AS Days Payable Chart

Demant AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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62.06

66.07

60.63

57.50

49.90

Demant AS Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															58.29	57.61	56.91	58.67	50.27

Competitive Comparison of Demant AS's Days Payable

For the Medical Devices subindustry, Demant AS'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.

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

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

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

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Demant AS 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.

Demant AS's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (799	+	658)	/	2 )	/	5329	*	365
=	728.5					/	5329	*	365
=	49.90

Demant AS's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (858	+	658)	/	2 )	/	2752	*	365 / 2
=	758					/	2752	*	365 / 2
=	50.27

Demant AS Days Payable Related Terms

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Demant AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Demant AS (CHIX:DEMANc) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WILYY:USA WILLF:USA 0RGT:UK DEMANT:Denmark WDH:Germany DEMA:Austria

Address

Kongebakken 9, Smorum, DNK, 2765

Website

https://www.demant.com

Demant AS is a Denmark-based company engaged in the healthcare industry. The company develops, manufactures and sells products and equipment designed to aid the hearing and communication of individuals. The Group focuses on four business areas: Hearing Devices, including such brands as Bernafon, Oticon, Frontrow, Phonic Ear and Sonic; Hearing Implants, including Oticon Medical; Diagnostic Instruments. The Company operates through more than 90 subsidiaries and associates all around the world. More than 80% of the company's sales come from North America and Europe.

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