Diaceutics (FRA:7DC) Days Payable : 44.57 (As of Dec. 2023)

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What is Diaceutics Days Payable?

Diaceutics's average Accounts Payable for the six months ended in Dec. 2023 was €0.79 Mil. Diaceutics's Cost of Goods Sold for the six months ended in Dec. 2023 was €3.21 Mil. Hence, Diaceutics's Days Payable for the six months ended in Dec. 2023 was 44.57.

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

FRA:7DC' s Days Payable Range Over the Past 10 Years
Min: 15.29 Med: 36.38 Max: 104.42
Current: 64.32

During the past 8 years, Diaceutics's highest Days Payable was 104.42. The lowest was 15.29. And the median was 36.38.

FRA:7DC's Days Payable is ranked worse than
52.45% of 204 companies
in the Medical Diagnostics & Research industry
Industry Median: 66.645 vs FRA:7DC: 64.32

Diaceutics's Days Payable declined from Dec. 2022 (59.24) to Dec. 2023 (44.57). It may suggest that Diaceutics accelerated paying its suppliers.

Diaceutics Days Payable Historical Data

The historical data trend for Diaceutics'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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Diaceutics Days Payable Chart

Diaceutics Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

29.25

43.84

101.40

84.84

83.04

Diaceutics Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									491.21	56.60	59.24	77.24	44.57

Competitive Comparison of Diaceutics's Days Payable

For the Diagnostics & Research subindustry, Diaceutics'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.

Diaceutics's Days Payable Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Diaceutics's Days Payable distribution charts can be found below:

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

Diaceutics 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.

Diaceutics'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
=	( (0.873	+	1.236)	/	2 )	/	4.635	*	365
=	1.0545					/	4.635	*	365
=	83.04

Diaceutics's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.334	+	1.236)	/	2 )	/	3.214	*	365 / 2
=	0.785					/	3.214	*	365 / 2
=	44.57

Diaceutics Days Payable Related Terms

Thank you for viewing the detailed overview of Diaceutics's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Diaceutics (FRA:7DC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Diaceutics PLC (FRA:7DC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DXRX:UK

Address

Kings Hall Health and Wellbeing Park, Dataworks, First Floor, Building Two, Antrim, Belfast, GBR, BT9 6GW

Website

https://www.diaceutics.com

Diaceutics PLC is a data analytics and implementation services company that services the pharmaceutical industry. It provides the pharma and biotech companies with an end-to-end commercialization solution for the launch of precision medicine, enabled by DXRX The Diagnostic Network. DXRX is the diagnostic commercialization platform designed specifically for precision medicine, integrating multiple pipelines of real-world, real-time diagnostic testing data from a network of labs. These solutions are helping the pharma companies commercialize their precision medicines, enhance their return on investment and ultimately improve patients' lives.

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