EuroEyes International Eye Clinic (HKSE:01846) Days Payable : 19.78 (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is EuroEyes International Eye Clinic Days Payable?

EuroEyes International Eye Clinic's average Accounts Payable for the six months ended in Jun. 2024 was HK$23.9 Mil. EuroEyes International Eye Clinic's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$220.4 Mil. Hence, EuroEyes International Eye Clinic's Days Payable for the six months ended in Jun. 2024 was 19.78.

The historical rank and industry rank for EuroEyes International Eye Clinic's Days Payable or its related term are showing as below:

HKSE:01846' s Days Payable Range Over the Past 10 Years
Min: 20.54 Med: 31.13 Max: 42.39
Current: 20.82

During the past 8 years, EuroEyes International Eye Clinic's highest Days Payable was 42.39. The lowest was 20.54. And the median was 31.13.

HKSE:01846's Days Payable is ranked worse than
82.5% of 600 companies
in the Healthcare Providers & Services industry
Industry Median: 60.915 vs HKSE:01846: 20.82

EuroEyes International Eye Clinic's Days Payable declined from Jun. 2023 (22.56) to Jun. 2024 (19.78). It may suggest that EuroEyes International Eye Clinic accelerated paying its suppliers.

EuroEyes International Eye Clinic Days Payable Historical Data

The historical data trend for EuroEyes International Eye Clinic'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.

EuroEyes International Eye Clinic Days Payable Chart

EuroEyes International Eye Clinic Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

30.19

32.35

24.26

22.36

20.54

EuroEyes International Eye Clinic Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial									25.48	25.69	22.56	21.33	19.78

Competitive Comparison of EuroEyes International Eye Clinic's Days Payable

For the Medical Care Facilities subindustry, EuroEyes International Eye Clinic'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.

EuroEyes International Eye Clinic's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EuroEyes International Eye Clinic's Days Payable distribution charts can be found below:

* The bar in red indicates where EuroEyes International Eye Clinic's Days Payable falls into.

EuroEyes International Eye Clinic 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.

EuroEyes International Eye Clinic'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
=	( (20.043	+	22.592)	/	2 )	/	378.768	*	365
=	21.3175					/	378.768	*	365
=	20.54

EuroEyes International Eye Clinic's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (22.592	+	25.167)	/	2 )	/	220.359	*	365 / 2
=	23.8795					/	220.359	*	365 / 2
=	19.78

EuroEyes International Eye Clinic Days Payable Related Terms

Thank you for viewing the detailed overview of EuroEyes International Eye Clinic's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

EuroEyes International Eye Clinic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » EuroEyes International Eye Clinic Ltd (HKSE:01846) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Valentinskamp 90, Hamburg, DEU, 20355

Website

https://www.euroeyes.hk

EuroEyes International Eye Clinic Ltd is a laser eye surgery clinic. The firm's operating segments are the Provision of vision correction services, sales of pharmaceutical products, and Rental of ophthalmic equipment and operating spaces, Rendering of training service and Interest income. Its geographical segments are Germany, China, Denmark and UK. The Group's services include treatment of myopia, treatment of high myopia, treatment of presbyopia, and treatment of cataracts. The company generates a majority of its revenue from the provision of correction services in Germany.

Executives

Jørgensen Jørn Slot	2101 Beneficial owner
Jørgensen Susanne	2202 Interest of your spouse
Jørgensen Jørn Slot	2101 Beneficial owner
Jørgensen Susanne	2202 Interest of your spouse

EuroEyes International Eye Clinic Headlines

No Headlines