Diamyd Medical AB (OSTO:DMYD B) Days Payable : 1,062.49 (As of Feb. 2024)

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What is Diamyd Medical AB Days Payable?

Diamyd Medical AB's average Accounts Payable for the three months ended in Feb. 2024 was kr9.23 Mil. Diamyd Medical AB's Cost of Goods Sold for the three months ended in Feb. 2024 was kr0.79 Mil. Hence, Diamyd Medical AB's Days Payable for the three months ended in Feb. 2024 was 1,062.49.

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

OSTO:DMYD B' s Days Payable Range Over the Past 10 Years
Min: 303.13 Med: 534.08 Max: 935.92
Current: 658.14

During the past 13 years, Diamyd Medical AB's highest Days Payable was 935.92. The lowest was 303.13. And the median was 534.08.

OSTO:DMYD B's Days Payable is ranked better than
79.64% of 722 companies
in the Biotechnology industry
Industry Median: 148.145 vs OSTO:DMYD B: 658.14

Diamyd Medical AB's Days Payable increased from Feb. 2023 (482.42) to Feb. 2024 (1,062.49). It may suggest that Diamyd Medical AB delayed paying its suppliers.

Diamyd Medical AB Days Payable Historical Data

The historical data trend for Diamyd Medical 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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Diamyd Medical AB Days Payable Chart

Diamyd Medical AB Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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314.55

364.39

935.92

636.24

736.43

Diamyd Medical AB Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															482.42	598.04	389.85	707.65	1,062.49

Competitive Comparison of Diamyd Medical AB's Days Payable

For the Biotechnology subindustry, Diamyd Medical 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.

Diamyd Medical AB's Days Payable Distribution in the Biotechnology Industry

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

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

Diamyd Medical 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.

Diamyd Medical AB's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (9.778	+	4.886)	/	2 )	/	3.634	*	365
=	7.332					/	3.634	*	365
=	736.43

Diamyd Medical AB's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (12.842	+	5.625)	/	2 )	/	0.793	*	365 / 4
=	9.2335					/	0.793	*	365 / 4
=	1,062.49

Diamyd Medical AB Days Payable Related Terms

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Diamyd Medical AB (OSTO:DMYD B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Diamyd Medical AB (OSTO:DMYD B) » Definitions » Days Payable

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Traded in Other Exchanges

DMN:Germany

Address

Kungsgatan 29, Stockholm, SWE, SE-111 56

Website

https://www.diamyd.com

Diamyd Medical AB is a Sweden-based company engaged in the field of pharmaceutical development. It develops therapies using in-licensed substances glutamic acid decarboxylase (GAD) and GABA for the prevention or treatment of diabetes and other inflammatory diseases. The firm is focused on finding the cure for diabetes and other serious inflammatory diseases through pharmaceutical development and investments in stem cells and medical technology. Its product portfolio consists of Diamyd, for the treatment of autoimmune diabetes; Remygen, a regenerative and immunomodulatory therapy for the treatment of autoimmune diabetes and type 2 and type 1 diabetes.

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