Sigma Healthcare (Sigma Healthcare) Days Payable : 39.51 (As of Jan. 2024)

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What is Sigma Healthcare Days Payable?

Sigma Healthcare's average Accounts Payable for the six months ended in Jan. 2024 was $220 Mil. Sigma Healthcare's Cost of Goods Sold for the six months ended in Jan. 2024 was $1,017 Mil. Hence, Sigma Healthcare's Days Payable for the six months ended in Jan. 2024 was 39.51.

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

SIGGF' s Days Payable Range Over the Past 10 Years
Min: 39.48 Med: 42.96 Max: 51.38
Current: 41.7

During the past 13 years, Sigma Healthcare's highest Days Payable was 51.38. The lowest was 39.48. And the median was 42.96.

SIGGF's Days Payable is ranked worse than
83.16% of 95 companies
in the Medical Distribution industry
Industry Median: 73.55 vs SIGGF: 41.70

Sigma Healthcare's Days Payable declined from Jan. 2023 (44.35) to Jan. 2024 (39.51). It may suggest that Sigma Healthcare accelerated paying its suppliers.

Sigma Healthcare Days Payable Historical Data

The historical data trend for Sigma Healthcare'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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Sigma Healthcare Days Payable Chart

Sigma Healthcare Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Payable

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52.69

39.52

42.28

41.24

42.85

Sigma Healthcare Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Payable	Get a 7-Day Free Trial															46.24	42.37	44.35	44.89	39.51

Competitive Comparison of Sigma Healthcare's Days Payable

For the Medical Distribution subindustry, Sigma Healthcare'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.

Sigma Healthcare's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Sigma Healthcare's Days Payable distribution charts can be found below:

* The bar in red indicates where Sigma Healthcare's Days Payable falls into.

Sigma Healthcare 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.

Sigma Healthcare's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

	Days Payable (A: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2023 )	+	Accounts Payable (A: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2024 )	*	Days in Period
=	( (282.345	+	201.298)	/	2 )	/	2059.665	*	365
=	241.8215					/	2059.665	*	365
=	42.85

Sigma Healthcare'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: Jul. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (238.96	+	201.298)	/	2 )	/	1016.833	*	365 / 2
=	220.129					/	1016.833	*	365 / 2
=	39.51

Sigma Healthcare Days Payable Related Terms

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Sigma Healthcare (Sigma Healthcare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sigma Healthcare Ltd (OTCPK:SIGGF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

S5YA:Germany SIG:Australia

Address

2125 Dandenong Road, Level 6, Clayton, Melbourne, VIC, AUS, 3168

Website

https://www.sigmahealthcare.com.au

Sigma Healthcare is an Australian pharmaceutical distributor, wholesaler and pharmacy franchisor. The revenue growth prospects and returns of pharmaceutical distribution are subdued due to ongoing Pharmaceutical Benefits Scheme, or PBS, price reform, and regulated wholesale gross margins being capped at 7% for community pharmacy. As a result, Sigma and its competitors are seeking to expand into unregulated revenue streams. In addition, pharmacy ownership is restricted to pharmacists, thereby excluding direct corporate ownership and requiring exposure via a franchise business model.