Nanoform Finland (FRA:4YL) Days Payable : 733.93 (As of Sep. 2024)

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What is Nanoform Finland Days Payable?

Nanoform Finland's average Accounts Payable for the three months ended in Sep. 2024 was €1.21 Mil. Nanoform Finland's Cost of Goods Sold for the three months ended in Sep. 2024 was €0.15 Mil. Hence, Nanoform Finland's Days Payable for the three months ended in Sep. 2024 was 733.93.

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

FRA:4YL' s Days Payable Range Over the Past 10 Years
Min: 107.22 Med: 502.44 Max: 3437.27
Current: 890.68

During the past 8 years, Nanoform Finland's highest Days Payable was 3437.27. The lowest was 107.22. And the median was 502.44.

FRA:4YL's Days Payable is ranked better than
83.47% of 714 companies
in the Biotechnology industry
Industry Median: 127.14 vs FRA:4YL: 890.68

Nanoform Finland's Days Payable increased from Sep. 2023 (452.31) to Sep. 2024 (733.93). It may suggest that Nanoform Finland delayed paying its suppliers.

Nanoform Finland Days Payable Historical Data

The historical data trend for Nanoform Finland'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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Nanoform Finland Days Payable Chart

Nanoform Finland Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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291.15

1,505.41

3,437.27

1,633.38

446.04

Nanoform Finland 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															452.31	860.79	1,089.63	989.78	733.93

Competitive Comparison of Nanoform Finland's Days Payable

For the Biotechnology subindustry, Nanoform Finland'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.

Nanoform Finland's Days Payable Distribution in the Biotechnology Industry

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

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

Nanoform Finland 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.

Nanoform Finland'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
=	( (1.192	+	0.883)	/	2 )	/	0.849	*	365
=	1.0375					/	0.849	*	365
=	446.04

Nanoform Finland'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
=	( (1.23	+	1.199)	/	2 )	/	0.151	*	365 / 4
=	1.2145					/	0.151	*	365 / 4
=	733.93

Nanoform Finland Days Payable Related Terms

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Nanoform Finland Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Nanoform Finland PLC (FRA:4YL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NANOFS:Sweden NANOFH:Finland

Address

Cultivator II, Viikinkaari 4, Helsinki, FIN, 00790

Website

https://www.nanoform.com

Nanoform Finland PLC is a nanoparticle medicine-enabling company. The company works together with pharma and biotech partners to reduce attrition in clinical trials and enhance their molecules' formulation performance through its nano-forming services. Its patented and scalable Controlled Expansion of Supercritical Solutions (CESS) technology produces nano-formed API particles as small as 10nm. This enables poorly soluble molecules in the pharmaceuticals pipeline to progress into clinical development by increasing their rate of dissolution and by improving their bioavailability. Its technology provides novel opportunities in many value-enhancing drug delivery applications.

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