elexxion AG (FRA:E8X) Days Payable: 0.00 (As of Dec. 2023)

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What is elexxion AG Days Payable?

elexxion AG FRA:E8X -15.26% 16 Days Payable is 0.00 as of Dec. 2023. GuruFocus rates FRA:E8X with a GF Score™ of 16/100.

elexxion AG's average Accounts Payable for the six months ended in Dec. 2023 was €0.10 Mil. elexxion AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.00 Mil.

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

FRA:E8X's Days Payable is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 67.97
* Ranked among companies with meaningful Days Payable only.

elexxion AG's Days Payable declined from Jun. 2022 (4,714.58) to Dec. 2023 (0.00). It may suggest that elexxion AG accelerated paying its suppliers.

elexxion AG Days Payable Related Terms

elexxion AG Days Payable Historical Data

* Premium members only.

The historical data trend for elexxion AG'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.

elexxion AG Days Payable Chart

elexxion AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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176.86

55.25

84.92

121.35

126.84

elexxion AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Days Payable	Get a 7-Day Free Trial															52.51	110.84	4,714.58	32.73	0.00

FRA:E8X vs ABT, SYK, MDT: Days Payable Comparison

For the Medical Devices subindustry, elexxion AG'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.

elexxion AG Days Payable vs Medical Devices & Instruments Industry

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

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

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16GF Score

elexxion AG FRA:E8X

Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.

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elexxion AG 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.

elexxion AG'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
=	( (0.119	+	0.077)	/	2 )	/	0.282	*	365
=	0.098					/	0.282	*	365
=	126.84

elexxion AG'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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.119	+	0.077)	/	2 )	/	0	*	365 / 2
=	0.098					/	0	*	365 / 2
=	N/A

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

elexxion AG (FRA:E8X) has a Days Payable of 0.00 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on elexxion AG and its competitors.

Is elexxion AG's Days Payable too high?

elexxion AG's current Days Payable is 0.00. Overall, elexxion AG has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.

How does elexxion AG's Days Payable compare to ABT and SYK?

elexxion AG's Days Payable of 0.00 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 67.97. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Payable for a Medical Devices & Instruments company?

The median Days Payable among Medical Devices & Instruments companies is 67.97, based on 794 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Payable mean?

A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on elexxion AG and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. elexxion AG's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is elexxion AG stock overvalued right now?

elexxion AG (FRA:E8X) has a current Days Payable of 0.00. The current Days Payable is 0.00. elexxion AG's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Payable calculated?

Days Payable is calculated from a company's financial statements. For elexxion AG (FRA:E8X), the current Days Payable is 0.00 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

elexxion AG Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies XTER:FEV HAM:B5A XTER:FRS XTER:DAR XTER:EDL FRA:PEH FRA:RGB XTER:MED XTER:P4O FRA:ROE ABT SYK MDT BSX SZSE:300760 EW DXCM ZBH STE XAMS:PHIA

Address Otto-Hahn-Strasse 7, Singen, DEU, 78224

Website http://www.elexxion.de

elexxion AG is involved in the development of dental equipment in Germany. The company develops laser technology and dental lasers for dental practitioners. Its products include elexxion pico, elexxion nano, perio green, elexxion pico lite perio green, and others.

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.03

Price

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