GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » ImmunoPrecise Antibodies Ltd (NAS:IPA) » Definitions » Days Payable

IPA (ImmunoPrecise Antibodies) Days Payable : 160.09 (As of Jan. 2025)


View and export this data going back to 2011. Start your Free Trial

What is ImmunoPrecise Antibodies Days Payable?

ImmunoPrecise Antibodies's average Accounts Payable for the three months ended in Jan. 2025 was $3.48 Mil. ImmunoPrecise Antibodies's Cost of Goods Sold for the three months ended in Jan. 2025 was $1.99 Mil. Hence, ImmunoPrecise Antibodies's Days Payable for the three months ended in Jan. 2025 was 160.09.

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

IPA' s Days Payable Range Over the Past 10 Years
Min: 104.23   Med: 129.07   Max: 170.1
Current: 142.99

During the past 13 years, ImmunoPrecise Antibodies's highest Days Payable was 170.10. The lowest was 104.23. And the median was 129.07.

IPA's Days Payable is ranked better than
53.41% of 704 companies
in the Biotechnology industry
Industry Median: 122.845 vs IPA: 142.99

ImmunoPrecise Antibodies's Days Payable increased from Jan. 2024 (133.09) to Jan. 2025 (160.09). It may suggest that ImmunoPrecise Antibodies delayed paying its suppliers.


ImmunoPrecise Antibodies Days Payable Historical Data

The historical data trend for ImmunoPrecise Antibodies'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.

ImmunoPrecise Antibodies Days Payable Chart

ImmunoPrecise Antibodies Annual Data
Trend Dec14 Dec15 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.23 131.20 170.10 169.96 114.29

ImmunoPrecise Antibodies Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 133.09 126.00 144.39 173.37 160.09

Competitive Comparison of ImmunoPrecise Antibodies's Days Payable

For the Biotechnology subindustry, ImmunoPrecise Antibodies'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.


ImmunoPrecise Antibodies's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, ImmunoPrecise Antibodies's Days Payable distribution charts can be found below:

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


;
;

ImmunoPrecise Antibodies 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.

ImmunoPrecise Antibodies's Days Payable for the fiscal year that ended in Apr. 2024 is calculated as

Days Payable (A: Apr. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2023 ) + Accounts Payable (A: Apr. 2024 )) / count ) / Cost of Goods Sold (A: Apr. 2024 )*Days in Period
=( (2.511 + 3.197) / 2 ) / 9.115*365
=2.854 / 9.115*365
=114.29

ImmunoPrecise Antibodies's Days Payable for the quarter that ended in Jan. 2025 is calculated as:

Days Payable (Q: Jan. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2024 ) + Accounts Payable (Q: Jan. 2025 )) / count ) / Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=( (3.913 + 3.052) / 2 ) / 1.985*365 / 4
=3.4825 / 1.985*365 / 4
=160.09

* 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.


ImmunoPrecise Antibodies Days Payable Related Terms

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


ImmunoPrecise Antibodies Business Description

Traded in Other Exchanges
Address
3204 - 4464 Markham Street, Victoria, BC, CAN, V8Z 7X8
ImmunoPrecise Antibodies Ltd is a biotechnology company that leverages multi-omics modeling and complex artificial intelligence through a series proprietary and patented technologies. The company owns an integrated end-to-end suite of capabilities to support the development of therapeutic antibodies and are known for solving very complex industry challenges.