Community Health Systems (FRA:CG5) Days Payable : 44.07 (As of Sep. 2024)

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What is Community Health Systems Days Payable?

Community Health Systems's average Accounts Payable for the three months ended in Sep. 2024 was €796 Mil. Community Health Systems's Cost of Goods Sold for the three months ended in Sep. 2024 was €1,647 Mil. Hence, Community Health Systems's Days Payable for the three months ended in Sep. 2024 was 44.07.

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

FRA:CG5' s Days Payable Range Over the Past 10 Years
Min: 35.34 Med: 38.7 Max: 43.9
Current: 43.9

During the past 13 years, Community Health Systems's highest Days Payable was 43.90. The lowest was 35.34. And the median was 38.70.

FRA:CG5's Days Payable is ranked worse than
62.69% of 595 companies
in the Healthcare Providers & Services industry
Industry Median: 57.56 vs FRA:CG5: 43.90

Community Health Systems's Days Payable increased from Sep. 2023 (39.01) to Sep. 2024 (44.07). It may suggest that Community Health Systems delayed paying its suppliers.

Community Health Systems Days Payable Historical Data

The historical data trend for Community Health Systems'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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Community Health Systems Days Payable Chart

Community Health Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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37.80

41.35

39.02

38.75

42.07

Community Health Systems 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															39.01	43.14	45.50	46.02	44.07

Competitive Comparison of Community Health Systems's Days Payable

For the Medical Care Facilities subindustry, Community Health Systems'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.

Community Health Systems's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Community Health Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Community Health Systems's Days Payable falls into.

Community Health Systems 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.

Community Health Systems'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
=	( (729.712	+	836.304)	/	2 )	/	6793.136	*	365
=	783.008					/	6793.136	*	365
=	42.07

Community Health Systems'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
=	( (832.384	+	758.642)	/	2 )	/	1647.028	*	365 / 4
=	795.513					/	1647.028	*	365 / 4
=	44.07

Community Health Systems Days Payable Related Terms

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Community Health Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Community Health Systems Inc (FRA:CG5) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CYH:USA

Address

4000 Meridian Boulevard, Franklin, TN, USA, 37067

Website

https://www.chs.net

Community Health Systems Inc is a publicly owned hospital operator in the United States. The company also owns four home health agencies and provides management and consulting services to independent hospitals. The firm derives revenue through a broad range of general and specialized hospital healthcare services and outpatient services.

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