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Corline Biomedical AB (OSTO:CLBIO) Days Payable : 2,685.18 (As of Sep. 2024)


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What is Corline Biomedical AB Days Payable?

Corline Biomedical AB's average Accounts Payable for the three months ended in Sep. 2024 was kr4.41 Mil. Corline Biomedical AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr0.15 Mil. Hence, Corline Biomedical AB's Days Payable for the three months ended in Sep. 2024 was 2,685.18.

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

During the past 11 years, Corline Biomedical AB's highest Days Payable was 1395.33. The lowest was 1395.33. And the median was 1395.33.

OSTO:CLBIO's Days Payable is not ranked *
in the Biotechnology industry.
Industry Median: 127.37
* Ranked among companies with meaningful Days Payable only.

Corline Biomedical AB's Days Payable increased from Sep. 2023 (0.00) to Sep. 2024 (2,685.18). It may suggest that Corline Biomedical AB delayed paying its suppliers.


Corline Biomedical AB Days Payable Historical Data

The historical data trend for Corline Biomedical 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.

* Premium members only.

Corline Biomedical AB Days Payable Chart

Corline Biomedical AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1,395.33 -

Corline Biomedical AB 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 2,685.18

Competitive Comparison of Corline Biomedical AB's Days Payable

For the Biotechnology subindustry, Corline Biomedical 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.


Corline Biomedical AB's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Corline Biomedical AB's Days Payable distribution charts can be found below:

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



Corline Biomedical 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.

Corline Biomedical 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
=( (4.341 + 1.971) / 2 ) / -3.35*365
=3.156 / -3.35*365
=N/A

Corline Biomedical AB'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
=( (5.054 + 3.774) / 2 ) / 0.15*365 / 4
=4.414 / 0.15*365 / 4
=2,685.18

* 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.


Corline Biomedical AB Days Payable Related Terms

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Corline Biomedical AB Business Description

Traded in Other Exchanges
N/A
Address
Lefflersgatan 5, Uppsala, SWE, 754 50
Corline Biomedical AB is involved in developing, manufacturing and marketing heparin-based solutions to improve kidney transplantation, cell therapies, and applications in the field of regenerative medicine.

Corline Biomedical AB Headlines

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