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CLPBF (Coloplast AS) Days Payable : 52.59 (As of Sep. 2024)


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What is Coloplast AS Days Payable?

Coloplast AS's average Accounts Payable for the three months ended in Sep. 2024 was $198 Mil. Coloplast AS's Cost of Goods Sold for the three months ended in Sep. 2024 was $344 Mil. Hence, Coloplast AS's Days Payable for the three months ended in Sep. 2024 was 52.59.

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

CLPBF' s Days Payable Range Over the Past 10 Years
Min: 48.25   Med: 51.13   Max: 58.97
Current: 53.2

During the past 13 years, Coloplast AS's highest Days Payable was 58.97. The lowest was 48.25. And the median was 51.13.

CLPBF's Days Payable is ranked worse than
63.13% of 792 companies
in the Medical Devices & Instruments industry
Industry Median: 70.18 vs CLPBF: 53.20

Coloplast AS's Days Payable increased from Sep. 2023 (51.90) to Sep. 2024 (52.59). It may suggest that Coloplast AS delayed paying its suppliers.


Coloplast AS Days Payable Historical Data

The historical data trend for Coloplast 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.

* Premium members only.

Coloplast AS Days Payable Chart

Coloplast AS Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.66 55.25 64.05 54.68 57.56

Coloplast AS 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.90 52.69 51.75 49.42 52.59

Competitive Comparison of Coloplast AS's Days Payable

For the Medical Instruments & Supplies subindustry, Coloplast 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.


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

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

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



Coloplast 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.

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

Days Payable (A: Sep. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2023 ) + Accounts Payable (A: Sep. 2024 )) / count ) / Cost of Goods Sold (A: Sep. 2024 )*Days in Period
=( (185.183 + 226.109) / 2 ) / 1304.108*365
=205.646 / 1304.108*365
=57.56

Coloplast AS'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
=( (170.763 + 226.109) / 2 ) / 344.299*365 / 4
=198.436 / 344.299*365 / 4
=52.59

* 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.


Coloplast AS Days Payable Related Terms

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Coloplast AS Business Description

Address
Holtedam 1-3, Humlebaek, DNK, DK-3050
Coloplast is a leading global competitor in ostomy management and continence care. The firm designs, manufactures, and markets ostomy care systems, disposable containment devices, paste, powder, seals, and intermittent catheters for continence care. Coloplast also maintains a tertiary presence in the urology and woundcare markets, where it manufactures and markets penile implants, slings for incontinence and prolapse, and wound dressings. The company derives more than 60% of sales from Europe, 24% from other developed countries, and 17% from the rest of the world.

Coloplast AS Headlines

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