Waters (LTS:0LTI) Days Payable : 26.17 (As of Sep. 2024)

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What is Waters Days Payable?

Waters's average Accounts Payable for the three months ended in Sep. 2024 was $87 Mil. Waters's Cost of Goods Sold for the three months ended in Sep. 2024 was $302 Mil. Hence, Waters's Days Payable for the three months ended in Sep. 2024 was 26.17.

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

LTS:0LTI' s Days Payable Range Over the Past 10 Years
Min: 21.16 Med: 26.93 Max: 29.51
Current: 26.44

During the past 13 years, Waters's highest Days Payable was 29.51. The lowest was 21.16. And the median was 26.93.

LTS:0LTI's Days Payable is ranked worse than
82.05% of 195 companies
in the Medical Diagnostics & Research industry
Industry Median: 61.87 vs LTS:0LTI: 26.44

Waters's Days Payable increased from Sep. 2023 (25.33) to Sep. 2024 (26.17). It may suggest that Waters delayed paying its suppliers.

Waters Days Payable Historical Data

The historical data trend for Waters'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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Waters Days Payable Chart

Waters Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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21.16

21.97

26.67

27.80

27.18

Waters 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															25.33	23.58	29.79	26.06	26.17

Competitive Comparison of Waters's Days Payable

For the Diagnostics & Research subindustry, Waters'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.

Waters's Days Payable Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Waters's Days Payable distribution charts can be found below:

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

Waters 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.

Waters'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
=	( (93.302	+	84.705)	/	2 )	/	1195.223	*	365
=	89.0035					/	1195.223	*	365
=	27.18

Waters'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
=	( (78.436	+	94.596)	/	2 )	/	301.655	*	365 / 4
=	86.516					/	301.655	*	365 / 4
=	26.17

Waters Days Payable Related Terms

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Waters Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Waters Corp (LTS:0LTI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WAT:USA WAT:Mexico WAZ:Germany WAZ:Germany

Address

34 Maple Street, Milford, MA, USA, 01757

Website

https://www.waters.com

Water sells liquid chromatography, mass spectrometry, and thermal analysis tools. These analytical instruments provide essential information on various products, such as their molecular structures and physical properties, to help clients enhance the health and well-being of end users. As a percentage of sales in 2023, Waters generated 57% from biopharmaceutical customers, 31% from industrial clients, and 12% from academic/government institutions.

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