CLVSF (CellaVision AB) Days Payable : 72.01 (As of Sep. 2024)

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What is CellaVision AB Days Payable?

CellaVision AB's average Accounts Payable for the three months ended in Sep. 2024 was $4.43 Mil. CellaVision AB's Cost of Goods Sold for the three months ended in Sep. 2024 was $5.61 Mil. Hence, CellaVision AB's Days Payable for the three months ended in Sep. 2024 was 72.01.

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

CLVSF' s Days Payable Range Over the Past 10 Years
Min: 49.06 Med: 68.86 Max: 93.72
Current: 56.78

During the past 13 years, CellaVision AB's highest Days Payable was 93.72. The lowest was 49.06. And the median was 68.86.

CLVSF's Days Payable is ranked worse than
60.1% of 792 companies
in the Medical Devices & Instruments industry
Industry Median: 69.87 vs CLVSF: 56.78

CellaVision AB's Days Payable increased from Sep. 2023 (55.96) to Sep. 2024 (72.01). It may suggest that CellaVision AB delayed paying its suppliers.

CellaVision AB Days Payable Historical Data

The historical data trend for CellaVision AB'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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CellaVision AB Days Payable Chart

CellaVision AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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72.49

46.22

71.14

89.95

68.01

CellaVision AB 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															55.96	40.63	55.80	60.80	72.01

Competitive Comparison of CellaVision AB's Days Payable

For the Medical Devices subindustry, CellaVision AB'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.

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

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

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

CellaVision AB 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.

CellaVision AB'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
=	( (4.612	+	3.172)	/	2 )	/	20.887	*	365
=	3.892					/	20.887	*	365
=	68.01

CellaVision AB'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
=	( (4.393	+	4.46)	/	2 )	/	5.609	*	365 / 4
=	4.4265					/	5.609	*	365 / 4
=	72.01

CellaVision AB Days Payable Related Terms

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CellaVision AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » CellaVision AB (OTCPK:CLVSF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CEVI:Sweden 0MR5:UK C26:Germany

Address

Mobilvagen 12, Lund, SWE, 22362

Website

https://www.cellavision.com

CellaVision AB is engaged in the business of supplying digital solutions for blood and body fluid analysis. Its solutions are based on digital image analysis technology, artificial intelligence, and information technology. The firm's product portfolio consists of CellaVision peripheral blood application, CellaVision advanced RBC application, and CellaVision remote review software. Its customers include mainly large hospital laboratories and commercial laboratories in North America, Europe and China, and Japan. The company derives the majority of its revenue from the sale of analyzers/software.