Paragon Care (FRA:PXS) Days Payable : 75.84 (As of Dec. 2023)

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What is Paragon Care Days Payable?

Paragon Care's average Accounts Payable for the six months ended in Dec. 2023 was €23.8 Mil. Paragon Care's Cost of Goods Sold for the six months ended in Dec. 2023 was €57.3 Mil. Hence, Paragon Care's Days Payable for the six months ended in Dec. 2023 was 75.84.

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

FRA:PXS' s Days Payable Range Over the Past 10 Years
Min: 60.6 Med: 77.34 Max: 134.34
Current: 78.29

During the past 13 years, Paragon Care's highest Days Payable was 134.34. The lowest was 60.60. And the median was 77.34.

FRA:PXS's Days Payable is ranked better than
52.63% of 95 companies
in the Medical Distribution industry
Industry Median: 72.99 vs FRA:PXS: 78.29

Paragon Care's Days Payable increased from Dec. 2022 (66.34) to Dec. 2023 (75.84). It may suggest that Paragon Care delayed paying its suppliers.

Paragon Care Days Payable Historical Data

The historical data trend for Paragon Care'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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Paragon Care Days Payable Chart

Paragon Care Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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108.73

77.43

63.21

65.91

62.33

Paragon Care Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															80.45	55.42	66.34	79.45	75.84

Competitive Comparison of Paragon Care's Days Payable

For the Medical Distribution subindustry, Paragon Care'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.

Paragon Care's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Paragon Care's Days Payable distribution charts can be found below:

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

Paragon Care 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.

Paragon Care's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (15.66	+	22.701)	/	2 )	/	112.317	*	365
=	19.1805					/	112.317	*	365
=	62.33

Paragon Care'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
=	( (22.701	+	24.945)	/	2 )	/	57.324	*	365 / 2
=	23.823					/	57.324	*	365 / 2
=	75.84

Paragon Care Days Payable Related Terms

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Paragon Care (FRA:PXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Paragon Care Ltd (FRA:PXS) » Definitions » Days Payable

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Traded in Other Exchanges

PGC:Australia

Address

77-97 Ricketts Road, Mount Waverley, VIC, AUS, 3149

Website

http://www.paragoncare.com.au

Paragon Care Ltd is a medical device company. It is a provider of medical equipment, devices, and consumables to the healthcare market. The company provides solutions to various healthcare markets Aged care; Hospital and Acute care; Primary Care; Eye Care; Storage Solutions; and E-Health. The group is organized into four operating segments: Diagnostic and Scientific, Devices, Capital and Consumables, and Service and Technology and the majority of its revenues are generated from services and technology.