Medeon Biodesign (ROCO:6499) Days Payable : 16.42 (As of Mar. 2024)

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What is Medeon Biodesign Days Payable?

Medeon Biodesign's average Accounts Payable for the three months ended in Mar. 2024 was NT$7.7 Mil. Medeon Biodesign's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$43.0 Mil. Hence, Medeon Biodesign's Days Payable for the three months ended in Mar. 2024 was 16.42.

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

ROCO:6499' s Days Payable Range Over the Past 10 Years
Min: 6.52 Med: 44.84 Max: 229.74
Current: 19.98

During the past 12 years, Medeon Biodesign's highest Days Payable was 229.74. The lowest was 6.52. And the median was 44.84.

ROCO:6499's Days Payable is ranked worse than
93.49% of 783 companies
in the Medical Devices & Instruments industry
Industry Median: 72.46 vs ROCO:6499: 19.98

Medeon Biodesign's Days Payable increased from Dec. 2022 (13.14) to Mar. 2024 (16.42). It may suggest that Medeon Biodesign delayed paying its suppliers.

Medeon Biodesign Days Payable Historical Data

The historical data trend for Medeon Biodesign'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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Medeon Biodesign Days Payable Chart

Medeon Biodesign Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

27.14

26.33

128.35

128.12

6.52

Medeon Biodesign Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															13.14	13.87	13.78	12.38	16.42

Competitive Comparison of Medeon Biodesign's Days Payable

For the Medical Instruments & Supplies subindustry, Medeon Biodesign'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.

Medeon Biodesign's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Medeon Biodesign's Days Payable falls into.

Medeon Biodesign 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.

Medeon Biodesign's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.045	+	3.939)	/	2 )	/	111.505	*	365
=	1.992					/	111.505	*	365
=	6.52

Medeon Biodesign's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (5.361	+	10.114)	/	2 )	/	42.987	*	365 / 4
=	7.7375					/	42.987	*	365 / 4
=	16.42

Medeon Biodesign Days Payable Related Terms

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Medeon Biodesign (ROCO:6499) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medeon Biodesign Inc (ROCO:6499) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 116, HouGang Street, 7th Floor, Shilin District, Taipei, TWN, 11170

Website

http://www.medeonbio.com

Medeon Biodesign Inc develops medical device products. The main services of the Group are the research and development of medical devices, manufacturing, and sale of injection molding and components of medical devices. The company provides products in the fields of cardiovascular and laparoscopic. Its business includes Medical Device Development Department and Medical Device Components Manufacturing and Sales Department. The majority of the company revenue comes from Medical Device Components Manufacturing and Sales Department segment. The company revenue is mainly derived from the USA.

Medeon Biodesign (ROCO:6499) Headlines

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