Sartorius AG (CHIX:SRT3D) Days Payable : 47.51 (As of Sep. 2024)

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What is Sartorius AG Days Payable?

Sartorius AG's average Accounts Payable for the three months ended in Sep. 2024 was €234 Mil. Sartorius AG's Cost of Goods Sold for the three months ended in Sep. 2024 was €449 Mil. Hence, Sartorius AG's Days Payable for the three months ended in Sep. 2024 was 47.51.

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

CHIX:SRT3d' s Days Payable Range Over the Past 10 Years
Min: 63.76 Med: 78.48 Max: 104.93
Current: 74.53

During the past 13 years, Sartorius AG's highest Days Payable was 104.93. The lowest was 63.76. And the median was 78.48.

CHIX:SRT3d's Days Payable is ranked better than
52.65% of 792 companies
in the Medical Devices & Instruments industry
Industry Median: 70.18 vs CHIX:SRT3d: 74.53

Sartorius AG's Days Payable declined from Sep. 2023 (93.99) to Sep. 2024 (47.51). It may suggest that Sartorius AG accelerated paying its suppliers.

Sartorius AG Days Payable Historical Data

The historical data trend for Sartorius 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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Sartorius AG Days Payable Chart

Sartorius AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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82.12

89.84

95.85

97.52

104.93

Sartorius AG 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															93.99	91.11	101.27	65.79	47.51

Competitive Comparison of Sartorius AG's Days Payable

For the Medical Instruments & Supplies subindustry, Sartorius 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.

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

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

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

Sartorius 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.

Sartorius 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
=	( (551.9	+	499.5)	/	2 )	/	1828.6	*	365
=	525.7					/	1828.6	*	365
=	104.93

Sartorius AG'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
=	( (240.7	+	226.3)	/	2 )	/	448.5	*	365 / 4
=	233.5					/	448.5	*	365 / 4
=	47.51

Sartorius AG Days Payable Related Terms

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Sartorius AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sartorius AG (CHIX:SRT3d) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SOAGY:USA SSSGY:USA SUVPF:USA SARTF:USA 1SRT:Italy 1SRT3:Italy 0NIR:UK 0NIQ:UK SRT3:Germany SRT3:Bulgaria

Address

Otto-Brenner-Strasse 20, Gottingen, NI, DEU, 37079

Website

https://www.sartorius.com

Sartorius AG is a leading provider of bioprocessing solutions. Its Bioprocess division sells equipment and consumables for upstream and downstream manufacturing of biologic drugs, and has a focus on single-use technology, or SUT. Its Lab Products and Services division offers a wide range of products for lab use, including scales, pipettes, and filtration equipment. As of 2022, the Bioprocess and LPS divisions contributed 80% and 20% of revenue, respectively. Bioprocess is housed in its subsidiary Sartorius Stedim Biotech, of which Sartorius AG has a 74% ownership and 85% voting control. The business is geographically diverse, with revenue across Europe, the Middle East, and Africa (37% of 2022 sales), the Americas (37%), and Asia-Pacific (26%). We estimate China revenue to be around 10%.

Sartorius AG Headlines

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