ORINY (Orion Oyj) Days Payable : 51.74 (As of Dec. 2024)

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What is Orion Oyj Days Payable?

Orion Oyj's average Accounts Payable for the three months ended in Dec. 2024 was $99 Mil. Orion Oyj's Cost of Goods Sold for the three months ended in Dec. 2024 was $175 Mil. Hence, Orion Oyj's Days Payable for the three months ended in Dec. 2024 was 51.74.

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

ORINY' s Days Payable Range Over the Past 10 Years
Min: 54.46 Med: 74.37 Max: 88.8
Current: 54.46

During the past 13 years, Orion Oyj's highest Days Payable was 88.80. The lowest was 54.46. And the median was 74.37.

ORINY's Days Payable is ranked worse than
69.6% of 944 companies
in the Drug Manufacturers industry
Industry Median: 85.915 vs ORINY: 54.46

Orion Oyj's Days Payable declined from Dec. 2023 (57.69) to Dec. 2024 (51.74). It may suggest that Orion Oyj accelerated paying its suppliers.

Orion Oyj Days Payable Historical Data

The historical data trend for Orion Oyj'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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Orion Oyj Days Payable Chart

Orion Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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66.74

74.61

78.36

73.23

59.29

Orion Oyj Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															57.69	61.68	52.29	50.81	51.74

Competitive Comparison of Orion Oyj's Days Payable

For the Drug Manufacturers - General subindustry, Orion Oyj'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.

Orion Oyj's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Orion Oyj's Days Payable distribution charts can be found below:

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

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Orion Oyj 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.

Orion Oyj's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (111.559	+	91.204)	/	2 )	/	624.084	*	365
=	101.3815					/	624.084	*	365
=	59.29

Orion Oyj's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (107.214	+	91.204)	/	2 )	/	174.974	*	365 / 4
=	99.209					/	174.974	*	365 / 4
=	51.74

Orion Oyj Days Payable Related Terms

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Orion Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Orion Oyj (OTCPK:ORINY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1ORNBV:Italy ORNBVh:UK 0M2O:UK 0M2N:UK ORNBV:Finland ORNAV:Finland OFK:Germany OFK:Germany

Address

Orionintie 1, Espoo, FIN, FI-02200

Website

https://www.orion.fi

Orion Oyj is a globally operating Finnish pharmaceutical company that develops, manufactures, and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients. The company predominantly focuses on treatments for central nervous system disorders, oncology, and respiratory diseases. Orion's customers include specialists and general practitioners, veterinarians, pharmacies, hospitals, and laboratories. Orion mainly serves Finland but also has a presence in other European countries, North America and other countries.