Advanced Medical Solutions Group (LSE:AMS) Days Payable : 83.11 (As of Jun. 2024)

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What is Advanced Medical Solutions Group Days Payable?

Advanced Medical Solutions Group's average Accounts Payable for the six months ended in Jun. 2024 was £14.2 Mil. Advanced Medical Solutions Group's Cost of Goods Sold for the six months ended in Jun. 2024 was £31.1 Mil. Hence, Advanced Medical Solutions Group's Days Payable for the six months ended in Jun. 2024 was 83.11.

The historical rank and industry rank for Advanced Medical Solutions Group's Days Payable or its related term are showing as below:

LSE:AMS' s Days Payable Range Over the Past 10 Years
Min: 31.14 Med: 42.98 Max: 100.66
Current: 100.66

During the past 13 years, Advanced Medical Solutions Group's highest Days Payable was 100.66. The lowest was 31.14. And the median was 42.98.

LSE:AMS's Days Payable is ranked better than
64.65% of 792 companies
in the Medical Devices & Instruments industry
Industry Median: 69.87 vs LSE:AMS: 100.66

Advanced Medical Solutions Group's Days Payable declined from Jun. 2023 (91.51) to Jun. 2024 (83.11). It may suggest that Advanced Medical Solutions Group accelerated paying its suppliers.

Advanced Medical Solutions Group Days Payable Historical Data

The historical data trend for Advanced Medical Solutions Group'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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Advanced Medical Solutions Group Days Payable Chart

Advanced Medical Solutions Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.51

63.55

44.80

40.48

41.15

Advanced Medical Solutions Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															88.83	84.01	91.51	87.07	83.11

Competitive Comparison of Advanced Medical Solutions Group's Days Payable

For the Medical Instruments & Supplies subindustry, Advanced Medical Solutions Group'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.

Advanced Medical Solutions Group's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Advanced Medical Solutions Group's Days Payable falls into.

Advanced Medical Solutions Group 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.

Advanced Medical Solutions Group'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
=	( (6.416	+	6.227)	/	2 )	/	56.07	*	365
=	6.3215					/	56.07	*	365
=	41.15

Advanced Medical Solutions Group'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
=	( (6.227	+	22.089)	/	2 )	/	31.091	*	365 / 2
=	14.158					/	31.091	*	365 / 2
=	83.11

Advanced Medical Solutions Group Days Payable Related Terms

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Advanced Medical Solutions Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Advanced Medical Solutions Group PLC (LSE:AMS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AMS.GB:UK AQA:Germany

Address

Premier Park, 33 Road One, Winsford Industrial Estate, Winsford, Cheshire, GBR, CW7 3RT

Website

https://www.admedsol.com

UK-based Advanced Medical Solutions was founded in 1991 to design, develop, and manufacture advanced wound-care products for other healthcare manufacturers. AMS' key branded products include the ActivHeal franchise of hydrogel, hydrocolloid, foam, and alginate wound dressings. The firm also manufactures and markets a suite of branded products in surgical use, including the LiquiBand franchise for tissue adhesion and the Resorba line of sutures and collagen-based products for tissue repair. The firm derives approximately 60% of total revenue from branded products, with nonbranded contributing 40%.