OSSFF (Embla Medical hf) Days Payable : 31.28 (As of Dec. 2024)

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What is Embla Medical hf Days Payable?

Embla Medical hf's average Accounts Payable for the three months ended in Dec. 2024 was $28.3 Mil. Embla Medical hf's Cost of Goods Sold for the three months ended in Dec. 2024 was $82.7 Mil. Hence, Embla Medical hf's Days Payable for the three months ended in Dec. 2024 was 31.28.

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

OSSFF' s Days Payable Range Over the Past 10 Years
Min: 31.42 Med: 35.87 Max: 40.87
Current: 36.19

During the past 13 years, Embla Medical hf's highest Days Payable was 40.87. The lowest was 31.42. And the median was 35.87.

OSSFF's Days Payable is ranked worse than
79.25% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 70.23 vs OSSFF: 36.19

Embla Medical hf's Days Payable declined from Dec. 2023 (34.97) to Dec. 2024 (31.28). It may suggest that Embla Medical hf accelerated paying its suppliers.

Embla Medical hf Days Payable Historical Data

The historical data trend for Embla Medical hf'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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Embla Medical hf Days Payable Chart

Embla Medical hf Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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35.77

32.40

36.23

36.12

33.07

Embla Medical hf 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															34.97	35.58	41.86	39.93	31.28

Competitive Comparison of Embla Medical hf's Days Payable

For the Medical Devices subindustry, Embla Medical hf'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.

Embla Medical hf's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Embla Medical hf's Days Payable falls into.

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Embla Medical hf 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.

Embla Medical hf'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
=	( (30.749	+	27.275)	/	2 )	/	320.189	*	365
=	29.012					/	320.189	*	365
=	33.07

Embla Medical hf'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
=	( (29.402	+	27.275)	/	2 )	/	82.664	*	365 / 4
=	28.3385					/	82.664	*	365 / 4
=	31.28

Embla Medical hf Days Payable Related Terms

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Embla Medical hf Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Embla Medical hf (OTCPK:OSSFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0FIW:UK EMBLA:Denmark

Address

Grjothals 5, Reykjavik, ISL

Website

https://www.emblamedical.com

Embla Medical hf is is an Iceland-based company that operates within the field of medical equipment and supplies sector. The Company is active in the development and distribution of products in the fields of non-invasive prosthetics, medical braces and supports. Embla Medical operates within three business segments of the non-invasive orthopedics market; Prosthetics and Neuro Orthotics; Bracing and Supports; and Patient Care. Key revenue is generated from Prosthetics and Neuro Orthotics; segment.