Koninklijke Philips NV (LTS:0LNG) Days Payable : 71.20 (As of Sep. 2024)

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What is Koninklijke Philips NV Days Payable?

Koninklijke Philips NV's average Accounts Payable for the three months ended in Sep. 2024 was €1,850 Mil. Koninklijke Philips NV's Cost of Goods Sold for the three months ended in Sep. 2024 was €2,371 Mil. Hence, Koninklijke Philips NV's Days Payable for the three months ended in Sep. 2024 was 71.20.

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

LTS:0LNG' s Days Payable Range Over the Past 10 Years
Min: 63.14 Med: 82.36 Max: 106.19
Current: 63.14

During the past 13 years, Koninklijke Philips NV's highest Days Payable was 106.19. The lowest was 63.14. And the median was 82.36.

LTS:0LNG's Days Payable is ranked worse than
54.67% of 792 companies
in the Medical Devices & Instruments industry
Industry Median: 69.87 vs LTS:0LNG: 63.14

Koninklijke Philips NV's Days Payable increased from Sep. 2023 (59.18) to Sep. 2024 (71.20). It may suggest that Koninklijke Philips NV delayed paying its suppliers.

Koninklijke Philips NV Days Payable Historical Data

The historical data trend for Koninklijke Philips NV'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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Koninklijke Philips NV Days Payable Chart

Koninklijke Philips NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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86.67

80.91

72.92

65.91

66.13

Koninklijke Philips NV Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															59.18	53.59	75.30	68.26	71.20

Competitive Comparison of Koninklijke Philips NV's Days Payable

For the Medical Devices subindustry, Koninklijke Philips NV'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.

Koninklijke Philips NV's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Koninklijke Philips NV's Days Payable falls into.

Koninklijke Philips NV 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.

Koninklijke Philips NV'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
=	( (1968	+	1917)	/	2 )	/	10721	*	365
=	1942.5					/	10721	*	365
=	66.13

Koninklijke Philips NV's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1850	+	0)	/	1 )	/	2371	*	365 / 4
=	1850					/	2371	*	365 / 4
=	71.20

Koninklijke Philips NV Days Payable Related Terms

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Koninklijke Philips NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Koninklijke Philips NV (LTS:0LNG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RYLPF:USA PHG:USA PHIA:Netherlands 1PHIA:Italy PHIAa:UK PHIA:Germany PHI1:Germany PHI1:Germany PHI1:Germany PHIA:Germany PHI1:Germany PHGN34:Brazil PHIA:Austria PHG:Argentina

Address

Philips Center, Amstelplein 2, Amsterdam, NLD, 1096 BC

Website

https://www.philips.com

Koninklijke Philips is a diversified global healthcare company operating in three segments: diagnosis and treatment, connected care, and personal health. Nearly 50% of the company's revenue comes from the diagnosis and treatment segment, which features imaging systems, ultrasound equipment, and image-guided therapy solutions. The connected care segment (around 30% of revenue) encompasses monitoring and analytics systems for hospitals, informatics business, and also houses the sleep and respiratory care segment. Personal health business (remainder of revenue) is mainly oral health and personal care product lines, which include electric toothbrushes and men's grooming and personal care products.

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