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Edwards Lifesciences (FRA:EWL) Days Payable : 50.64 (As of Dec. 2023)


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What is Edwards Lifesciences Days Payable?

Edwards Lifesciences's average Accounts Payable for the three months ended in Dec. 2023 was €182 Mil. Edwards Lifesciences's Cost of Goods Sold for the three months ended in Dec. 2023 was €327 Mil. Hence, Edwards Lifesciences's Days Payable for the three months ended in Dec. 2023 was 50.64.

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

FRA:EWL' s Days Payable Range Over the Past 10 Years
Min: 31.1   Med: 50.09   Max: 68.65
Current: 51.2

During the past 13 years, Edwards Lifesciences's highest Days Payable was 68.65. The lowest was 31.10. And the median was 50.09.

FRA:EWL's Days Payable is ranked worse than
66.16% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.685 vs FRA:EWL: 51.20

Edwards Lifesciences's Days Payable declined from Dec. 2022 (65.04) to Dec. 2023 (50.64). It may suggest that Edwards Lifesciences accelerated paying its suppliers.

Edwards Lifesciences Days Payable Historical Data

The historical data trend for Edwards Lifesciences'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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Edwards Lifesciences Days Payable Chart

Edwards Lifesciences Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.98 66.54 56.55 66.49 54.13

Edwards Lifesciences Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.29 50.01 49.57 50.64 47.50

Competitive Comparison of Edwards Lifesciences's Days Payable

For the Medical Devices subindustry, Edwards Lifesciences'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.

Edwards Lifesciences's Days Payable Distribution in the Medical Devices & Instruments Industry

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

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


Edwards Lifesciences 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.

Edwards Lifesciences'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
=( (190.594 + 184.684) / 2 ) / 1265.277*365
=187.639 / 1265.277*365
=54.13

Edwards Lifesciences'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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (178.592 + 184.684) / 2 ) / 327.278*365 / 4
=181.638 / 327.278*365 / 4
=50.64

* 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.

Edwards Lifesciences Days Payable Related Terms

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Edwards Lifesciences (FRA:EWL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Edwards Lifesciences Corp (FRA:EWL) » Definitions » Days Payable
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DXCM ZBH ALGN STE SWAV BRKR PODD PEN BIO MASI ABT SYK BSX MDT XTER:SHL SZSE:300760 XAMS:PHIA XSWX:SOON SHSE:688271 ASX:COH
Traded in Other Exchanges
EW:USA EW:Mexico 1EW:Italy EWL:Germany E1WL34:Brazil EWLS:Austria
Address
One Edwards Way, Irvine, CA, USA, 92614
Website
https://www.edwards.com
Spun off from Baxter International in 2000, Edwards Lifesciences designs, manufactures, and markets a range of medical devices and equipment for advanced stages of structural heart disease. It has established itself as a leader across key products, including surgical tissue heart valves, transcatheter valve technologies, surgical clips, catheters, and monitoring systems used to measure a patient's heart function during surgery. The firm derives about 55% of its total sales from outside the U.S.