Synlab AG (FRA:SYAB) Days Payable : 145.50 (As of Dec. 2023)

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What is Synlab AG Days Payable?

Synlab AG's average Accounts Payable for the three months ended in Dec. 2023 was €238 Mil. Synlab AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €149 Mil. Hence, Synlab AG's Days Payable for the three months ended in Dec. 2023 was 145.50.

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

FRA:SYAB' s Days Payable Range Over the Past 10 Years
Min: 114.26 Med: 119.08 Max: 170.73
Current: 138

During the past 4 years, Synlab AG's highest Days Payable was 170.73. The lowest was 114.26. And the median was 119.08.

FRA:SYAB's Days Payable is ranked better than
68.27% of 208 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.79 vs FRA:SYAB: 138.00

Synlab AG's Days Payable increased from Dec. 2022 (132.05) to Dec. 2023 (145.50). It may suggest that Synlab AG delayed paying its suppliers.

Synlab AG Days Payable Historical Data

The historical data trend for Synlab 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.

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Synlab AG Days Payable Chart

Synlab AG Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

170.73

114.26

114.39

123.77

Synlab AG Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial										132.05	137.88	136.17	147.89	145.50

Competitive Comparison of Synlab AG's Days Payable

For the Diagnostics & Research subindustry, Synlab 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.

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

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

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

Synlab 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.

Synlab 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
=	( (217.122	+	200.459)	/	2 )	/	615.733	*	365
=	208.7905					/	615.733	*	365
=	123.77

Synlab 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (274.895	+	200.459)	/	2 )	/	149.056	*	365 / 4
=	237.677					/	149.056	*	365 / 4
=	145.50

Synlab AG Days Payable Related Terms

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Synlab AG (FRA:SYAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Synlab AG (FRA:SYAB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SYAB:Germany

Address

Moosacher Strasse 88, Augsburg, BY, DEU, 80809

Website

https://www.synlab.de

Synlab AG is a medical diagnostics services provider in Europe. It offers a range of medical diagnostic services for practising doctors, clinics, and patients. Its geographical segments include France; Germany; South and North and East. The company derives a majority of revenue from the North and East.

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