GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Pharming Group (OTCPK:PHGUF) » Definitions » Days Payable

PHGUF (Pharming Group) Days Payable : 309.10 (As of Dec. 2024)


View and export this data going back to . Start your Free Trial

What is Pharming Group Days Payable?

Pharming Group's average Accounts Payable for the three months ended in Dec. 2024 was $41.4 Mil. Pharming Group's Cost of Goods Sold for the three months ended in Dec. 2024 was $12.2 Mil. Hence, Pharming Group's Days Payable for the three months ended in Dec. 2024 was 309.10.

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

PHGUF' s Days Payable Range Over the Past 10 Years
Min: 131.4   Med: 177.4   Max: 488.95
Current: 488.95

During the past 13 years, Pharming Group's highest Days Payable was 488.95. The lowest was 131.40. And the median was 177.40.

PHGUF's Days Payable is ranked better than
77.73% of 705 companies
in the Biotechnology industry
Industry Median: 122.62 vs PHGUF: 488.95

Pharming Group's Days Payable declined from Dec. 2023 (503.57) to Dec. 2024 (309.10). It may suggest that Pharming Group accelerated paying its suppliers.


Pharming Group Days Payable Historical Data

The historical data trend for Pharming Group'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.

Pharming Group Days Payable Chart

Pharming Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 419.57 181.88 169.93 179.34 134.69

Pharming Group 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 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 503.57 459.94 808.82 974.22 309.10

Competitive Comparison of Pharming Group's Days Payable

For the Biotechnology subindustry, Pharming Group'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.


Pharming Group's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Pharming Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Pharming Group's Days Payable falls into.


;
;

Pharming Group 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.

Pharming Group'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
=( (16.022 + 10.103) / 2 ) / 35.399*365
=13.0625 / 35.399*365
=134.69

Pharming Group'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
=( (72.638 + 10.103) / 2 ) / 12.213*365 / 4
=41.3705 / 12.213*365 / 4
=309.10

* 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.


Pharming Group Days Payable Related Terms

Thank you for viewing the detailed overview of Pharming Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Pharming Group Business Description

Address
Darwinweg 24, Leiden, ZH, NLD, 2333 CR
Pharming Group is a biopharmaceutical company. Its commercial products are RUCONEST, approved for the treatment of acute attacks in adult and adolescent patients with hereditary angioedema, or HAE; and Joenja (leniolisib), a small-molecule kinase inhibitor, developed for the treatment of activated phosphoinositide 3-kinase delta syndrome. In addition, the firm's development pipeline includes KL1333, a potential first-in-disease asset for mitochondrial DNA-driven primary mitochondrial diseases. The company's reportable segments are RUCONEST, which derives maximum revenue, Joenja, U.S., and Europe and the Rest of the World (RoW). Geographically, it derives maximum revenue from the United States.

Pharming Group Headlines