Medclair AB (NGM:MCLR) Days Payable : 134.63 (As of Mar. 2024)

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What is Medclair AB Days Payable?

Medclair AB's average Accounts Payable for the three months ended in Mar. 2024 was kr5.27 Mil. Medclair AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr3.57 Mil. Hence, Medclair AB's Days Payable for the three months ended in Mar. 2024 was 134.63.

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

NGM:MCLR' s Days Payable Range Over the Past 10 Years
Min: 36.25 Med: 101.01 Max: 383.94
Current: 120.83

During the past 9 years, Medclair AB's highest Days Payable was 383.94. The lowest was 36.25. And the median was 101.01.

NGM:MCLR's Days Payable is ranked better than
70.5% of 783 companies
in the Medical Devices & Instruments industry
Industry Median: 72.46 vs NGM:MCLR: 120.83

Medclair AB's Days Payable declined from Mar. 2023 (158.68) to Mar. 2024 (134.63). It may suggest that Medclair AB accelerated paying its suppliers.

Medclair AB Days Payable Historical Data

The historical data trend for Medclair AB'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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Medclair AB Days Payable Chart

Medclair AB Annual Data

Trend

Apr15

Apr16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.25

139.43

209.23

383.94

121.68

Medclair AB Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															158.68	185.68	81.45	80.78	134.63

Competitive Comparison of Medclair AB's Days Payable

For the Medical Devices subindustry, Medclair AB'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.

Medclair AB's Days Payable Distribution in the Medical Devices & Instruments Industry

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

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

Medclair AB 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.

Medclair AB'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
=	( (7.184	+	2.877)	/	2 )	/	15.09	*	365
=	5.0305					/	15.09	*	365
=	121.68

Medclair AB's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (2.877	+	7.657)	/	2 )	/	3.57	*	365 / 4
=	5.267					/	3.57	*	365 / 4
=	134.63

Medclair AB Days Payable Related Terms

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Medclair AB (NGM:MCLR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medclair AB (NGM:MCLR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Box 3113, Stockholm, SWE, 103 62

Website

https://www.medclair.com

Medclair Invest AB is a research and development company with leading-edge expertise in measurement, collection and destruction of Nitrous Oxide. The customers are found in a number of industries such as Obstetrics, Pediatrics, Emergency departments and Dental Care facilities. The business is operational on a global scale.

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