Aadi Bioscience (FRA:3350) Days Payable : 627.72 (As of Mar. 2024)

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What is Aadi Bioscience Days Payable?

Aadi Bioscience's average Accounts Payable for the three months ended in Mar. 2024 was €4.13 Mil. Aadi Bioscience's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.60 Mil. Hence, Aadi Bioscience's Days Payable for the three months ended in Mar. 2024 was 627.72.

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

FRA:3350' s Days Payable Range Over the Past 10 Years
Min: 523 Med: 986.56 Max: 1361.3
Current: 523

During the past 4 years, Aadi Bioscience's highest Days Payable was 1361.30. The lowest was 523.00. And the median was 986.56.

FRA:3350's Days Payable is ranked better than
75.76% of 722 companies
in the Biotechnology industry
Industry Median: 148.53 vs FRA:3350: 523.00

Aadi Bioscience's Days Payable declined from Mar. 2023 (868.35) to Mar. 2024 (627.72). It may suggest that Aadi Bioscience accelerated paying its suppliers.

Aadi Bioscience Days Payable Historical Data

The historical data trend for Aadi Bioscience'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.

Aadi Bioscience Days Payable Chart

Aadi Bioscience Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

1,306.61

618.49

Aadi Bioscience Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial										868.35	660.24	356.91	421.31	627.72

Competitive Comparison of Aadi Bioscience's Days Payable

For the Biotechnology subindustry, Aadi Bioscience'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.

Aadi Bioscience's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Aadi Bioscience's Days Payable distribution charts can be found below:

* The bar in red indicates where Aadi Bioscience's Days Payable falls into.

Aadi Bioscience 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.

Aadi Bioscience'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
=	( (3.322	+	5.408)	/	2 )	/	2.576	*	365
=	4.365					/	2.576	*	365
=	618.49

Aadi Bioscience's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (5.408	+	2.847)	/	2 )	/	0.6	*	365 / 4
=	4.1275					/	0.6	*	365 / 4
=	627.72

Aadi Bioscience Days Payable Related Terms

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Aadi Bioscience (FRA:3350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Aadi Bioscience Inc (FRA:3350) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AADI:USA 3350:Germany

Address

17383 Sunset Boulevard, Suite A250, Pacific Palisades, CA, USA, 90272

Website

https://www.aadibio.com

Aadi Bioscience Inc is a clinical-stage biopharmaceutical company developing precision therapies for genetically-defined cancers. Aadi's primary goal is to bring transformational therapies to cancer patients with mTOR pathway driver alterations such as alterations in TSC1 or TSC2 genes, where other mTOR inhibitors have not or cannot be effectively exploited due to problems of pharmacology, effective drug delivery, safety, or effective targeting to the disease site. It has one operating segment, which is the business of developing and commercializing proprietary therapeutic. Geographically, it is located in the United States.

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