Elekta AB (OSTO:EKTA B) Days Payable : 51.07 (As of Jan. 2024)

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What is Elekta AB Days Payable?

Elekta AB's average Accounts Payable for the three months ended in Jan. 2024 was kr1,608 Mil. Elekta AB's Cost of Goods Sold for the three months ended in Jan. 2024 was kr2,873 Mil. Hence, Elekta AB's Days Payable for the three months ended in Jan. 2024 was 51.07.

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

OSTO:EKTA B' s Days Payable Range Over the Past 10 Years
Min: 45.69 Med: 59.5 Max: 75.81
Current: 52.16

During the past 13 years, Elekta AB's highest Days Payable was 75.81. The lowest was 45.69. And the median was 59.50.

OSTO:EKTA B's Days Payable is ranked worse than
66.16% of 789 companies
in the Medical Devices & Instruments industry
Industry Median: 73.02 vs OSTO:EKTA B: 52.16

Elekta AB's Days Payable increased from Jan. 2023 (48.50) to Jan. 2024 (51.07). It may suggest that Elekta AB delayed paying its suppliers.

Elekta AB Days Payable Historical Data

The historical data trend for Elekta 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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Elekta AB Days Payable Chart

Elekta AB Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

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59.30

52.88

45.69

47.43

54.84

Elekta AB Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															48.50	45.70	71.30	51.24	51.07

Competitive Comparison of Elekta AB's Days Payable

For the Medical Instruments & Supplies subindustry, Elekta 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.

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

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

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

Elekta 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.

Elekta AB's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (1352	+	1809)	/	2 )	/	10520	*	365
=	1580.5					/	10520	*	365
=	54.84

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

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (1721	+	1495)	/	2 )	/	2873	*	365 / 4
=	1608					/	2873	*	365 / 4
=	51.07

Elekta AB Days Payable Related Terms

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Elekta AB (OSTO:EKTA B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Elekta AB (OSTO:EKTA B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EKTAY:USA EKTAF:USA EKTAB:Mexico EKTABs:UK 0O5H:UK EJXB:Germany

Address

Kungstensgatan 18, Box 7593, Stockholm, SWE, SE-103 93

Website

https://www.elekta.com

Sweden-based Elekta develops, manufactures, and distributes treatment planning systems for neurosurgery and radiotherapy, including stereotactic radiosurgery and brachytherapy. The company's installed base of more than 5,000 linear accelerators, GammaKnife and Unity platforms, and software is used in more than 6,000 hospitals globally. The company's sales are evenly distributed across geographies, with North and South America accounting for 31%; Europe, the Middle East, and Africa accounting for 35%; and Asia-Pacific contributing the remainder.

Elekta AB (OSTO:EKTA B) Headlines

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