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AngioDynamics (FRA:UG2) Days Payable : 103.47 (As of Aug. 2024)


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What is AngioDynamics Days Payable?

AngioDynamics's average Accounts Payable for the three months ended in Aug. 2024 was €31.6 Mil. AngioDynamics's Cost of Goods Sold for the three months ended in Aug. 2024 was €27.9 Mil. Hence, AngioDynamics's Days Payable for the three months ended in Aug. 2024 was 103.47.

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

FRA:UG2' s Days Payable Range Over the Past 10 Years
Min: 39.29   Med: 57.16   Max: 95.64
Current: 86.05

During the past 13 years, AngioDynamics's highest Days Payable was 95.64. The lowest was 39.29. And the median was 57.16.

FRA:UG2's Days Payable is ranked better than
59.22% of 792 companies
in the Medical Devices & Instruments industry
Industry Median: 69.87 vs FRA:UG2: 86.05

AngioDynamics's Days Payable increased from Aug. 2023 (77.24) to Aug. 2024 (103.47). It may suggest that AngioDynamics delayed paying its suppliers.


AngioDynamics Days Payable Historical Data

The historical data trend for AngioDynamics'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.

* Premium members only.

AngioDynamics Days Payable Chart

AngioDynamics Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.27 55.62 54.72 76.86 95.37

AngioDynamics Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 77.24 73.20 84.33 102.56 103.47

Competitive Comparison of AngioDynamics's Days Payable

For the Medical Instruments & Supplies subindustry, AngioDynamics'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.


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

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

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



AngioDynamics 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.

AngioDynamics's Days Payable for the fiscal year that ended in May. 2024 is calculated as

Days Payable (A: May. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2023 ) + Accounts Payable (A: May. 2024 )) / count ) / Cost of Goods Sold (A: May. 2024 )*Days in Period
=( (37.209 + 34.92) / 2 ) / 138.024*365
=36.0645 / 138.024*365
=95.37

AngioDynamics's Days Payable for the quarter that ended in Aug. 2024 is calculated as:

Days Payable (Q: Aug. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: May. 2024 ) + Accounts Payable (Q: Aug. 2024 )) / count ) / Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=( (34.92 + 28.364) / 2 ) / 27.905*365 / 4
=31.642 / 27.905*365 / 4
=103.47

* 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.


AngioDynamics Days Payable Related Terms

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AngioDynamics Business Description

Traded in Other Exchanges
Address
14 Plaza Drive, Latham, NY, USA, 12110
AngioDynamics Inc designs manufactures, and sells medical, surgical, and diagnostic devices used by professional healthcare providers for the treatment of peripheral vascular disease and for use in oncology and surgical settings. Geographically, the company derives a majority of its revenue from the United States from sale of Med Tech and Med Device.

AngioDynamics Headlines

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