Codexis (FRA:4QK) Days Payable : 85.06 (As of Dec. 2024)

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What is Codexis Days Payable?

Codexis's average Accounts Payable for the three months ended in Dec. 2024 was €3.25 Mil. Codexis's Cost of Goods Sold for the three months ended in Dec. 2024 was €3.49 Mil. Hence, Codexis's Days Payable for the three months ended in Dec. 2024 was 85.06.

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

FRA:4QK' s Days Payable Range Over the Past 10 Years
Min: 29.95 Med: 96.9 Max: 223.68
Current: 90.3

During the past 13 years, Codexis's highest Days Payable was 223.68. The lowest was 29.95. And the median was 96.90.

FRA:4QK's Days Payable is ranked worse than
56.94% of 706 companies
in the Biotechnology industry
Industry Median: 118.34 vs FRA:4QK: 90.30

Codexis's Days Payable declined from Dec. 2023 (145.29) to Dec. 2024 (85.06). It may suggest that Codexis accelerated paying its suppliers.

Codexis Days Payable Historical Data

The historical data trend for Codexis'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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Codexis Days Payable Chart

Codexis Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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77.55

47.28

29.05

132.33

95.77

Codexis Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															145.29	88.28	93.79	84.66	85.06

Competitive Comparison of Codexis's Days Payable

For the Biotechnology subindustry, Codexis'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.

Codexis's Days Payable Distribution in the Biotechnology Industry

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

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

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Codexis 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.

Codexis's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (5.453	+	2.71)	/	2 )	/	15.555	*	365
=	4.0815					/	15.555	*	365
=	95.77

Codexis's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (3.795	+	2.71)	/	2 )	/	3.489	*	365 / 4
=	3.2525					/	3.489	*	365 / 4
=	85.06

Codexis Days Payable Related Terms

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Codexis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Codexis Inc (FRA:4QK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CDXS:USA 0I0X:UK

Address

200 Penobscot Drive, Redwood City, CA, USA, 94063

Website

https://www.codexis.com

Codexis Inc is a provider of enzymatic solutions for efficient and scalable therapeutics manufacturing that leverages its proprietary CodeEvolver technology platform to discover, develop, and enhance novel, high-performance enzymes. Codexis enzymes solve challenges associated with small molecule pharmaceuticals manufacturing and nucleic acid synthesis. The Company is currently developing its proprietary ECO Synthesis manufacturing platform to enable the scaled manufacture of RNAi therapeutics through an enzymatic route. Codexis' enzymes can drive improvements such as higher yields, reduced energy usage and waste generation, improved efficiency in manufacturing and greater sensitivity in genomic and diagnostic applications. Geographically, it derives maximum revenue from the Americas.

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