Vitrolife AB (FRA:VTFN) Days Payable : 42.71 (As of Mar. 2024)

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What is Vitrolife AB Days Payable?

Vitrolife AB's average Accounts Payable for the three months ended in Mar. 2024 was €14.9 Mil. Vitrolife AB's Cost of Goods Sold for the three months ended in Mar. 2024 was €31.8 Mil. Hence, Vitrolife AB's Days Payable for the three months ended in Mar. 2024 was 42.71.

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

FRA:VTFN' s Days Payable Range Over the Past 10 Years
Min: 20.69 Med: 31.58 Max: 57.17
Current: 42.86

During the past 13 years, Vitrolife AB's highest Days Payable was 57.17. The lowest was 20.69. And the median was 31.58.

FRA:VTFN's Days Payable is ranked worse than
73.42% of 790 companies
in the Medical Devices & Instruments industry
Industry Median: 72.905 vs FRA:VTFN: 42.86

Vitrolife AB's Days Payable declined from Mar. 2023 (44.35) to Mar. 2024 (42.71). It may suggest that Vitrolife AB accelerated paying its suppliers.

Vitrolife AB Days Payable Historical Data

The historical data trend for Vitrolife AB'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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Vitrolife AB Days Payable Chart

Vitrolife AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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20.91

20.77

57.24

45.96

42.23

Vitrolife AB 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															44.35	46.20	47.46	37.94	42.71

Competitive Comparison of Vitrolife AB's Days Payable

For the Medical Devices subindustry, Vitrolife AB'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.

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

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

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

Vitrolife AB 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.

Vitrolife AB'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
=	( (16.464	+	15.287)	/	2 )	/	137.225	*	365
=	15.8755					/	137.225	*	365
=	42.23

Vitrolife AB's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (15.287	+	14.492)	/	2 )	/	31.811	*	365 / 4
=	14.8895					/	31.811	*	365 / 4
=	42.71

Vitrolife AB Days Payable Related Terms

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Vitrolife AB (FRA:VTFN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Vitrolife AB (FRA:VTFN) » Definitions » Days Payable

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VITR:Sweden 0YAY:UK

Address

Box 9080, Gothenburg, SWE, 400 92

Website

https://www.vitrolife.com

Vitrolife AB provides medical devices and genetic testing services intended for the reproductive-health market in the field of reproductive health. The company develops, manufactures, and distributes medical devices and provides genetic testing services for IVF clinics and their patients. Its mission is to support IVF clinics (in vitro fertilization) in enhancing their practice as well as the outcome of a patient's fertility treatment, thereby enabling patients to receive advanced support to navigate the complexities of reproductive health through successful outcomes and patient satisfaction.

Vitrolife AB (FRA:VTFN) Headlines

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