Establishment Labs Holdings (FRA:3E0) Days Payable : 258.89 (As of Mar. 2024)

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What is Establishment Labs Holdings Days Payable?

Establishment Labs Holdings's average Accounts Payable for the three months ended in Mar. 2024 was €33.4 Mil. Establishment Labs Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €11.8 Mil. Hence, Establishment Labs Holdings's Days Payable for the three months ended in Mar. 2024 was 258.89.

The historical rank and industry rank for Establishment Labs Holdings's Days Payable or its related term are showing as below:

FRA:3E0' s Days Payable Range Over the Past 10 Years
Min: 87.32 Med: 114.12 Max: 273.83
Current: 195.82

During the past 8 years, Establishment Labs Holdings's highest Days Payable was 273.83. The lowest was 87.32. And the median was 114.12.

FRA:3E0's Days Payable is ranked better than
82.25% of 783 companies
in the Medical Devices & Instruments industry
Industry Median: 72.46 vs FRA:3E0: 195.82

Establishment Labs Holdings's Days Payable increased from Mar. 2023 (112.37) to Mar. 2024 (258.89). It may suggest that Establishment Labs Holdings delayed paying its suppliers.

Establishment Labs Holdings Days Payable Historical Data

The historical data trend for Establishment Labs Holdings'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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Establishment Labs Holdings Days Payable Chart

Establishment Labs Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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86.55

119.52

103.92

111.29

195.28

Establishment Labs Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															112.37	111.83	193.89	295.89	258.89

Competitive Comparison of Establishment Labs Holdings's Days Payable

For the Medical Devices subindustry, Establishment Labs Holdings'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.

Establishment Labs Holdings's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Establishment Labs Holdings's Days Payable falls into.

Establishment Labs Holdings 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.

Establishment Labs Holdings'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
=	( (18.912	+	38.169)	/	2 )	/	53.345	*	365
=	28.5405					/	53.345	*	365
=	195.28

Establishment Labs Holdings'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
=	( (38.169	+	28.584)	/	2 )	/	11.764	*	365 / 4
=	33.3765					/	11.764	*	365 / 4
=	258.89

Establishment Labs Holdings Days Payable Related Terms

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Establishment Labs Holdings (FRA:3E0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Establishment Labs Holdings Inc (FRA:3E0) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ESTA:USA

Address

Coyol Free Zone, Building B15 and 25, Alajuela, CRI

Website

https://establishmentlabs.com

Establishment Labs Holdings Inc is a medical technology company engaged in offering medical devices and aesthetic products. It is involved in designing, manufacturing, and marketing silicone-filled breast and body shaping implants. The company markets its products under Motiva implants Brand. It distributes its products to medical distributors; and physicians, hospitals, and clinics in the form of direct sales. Its geographical segments are Europe, Latin America, Asia-Pacific/Middle East, and Others.

Establishment Labs Holdings (FRA:3E0) Headlines

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