STE (Steris) Days Payable : 28.41 (As of Dec. 2024)

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What is Steris Days Payable?

Steris's average Accounts Payable for the three months ended in Dec. 2024 was $237 Mil. Steris's Cost of Goods Sold for the three months ended in Dec. 2024 was $760 Mil. Hence, Steris's Days Payable for the three months ended in Dec. 2024 was 28.41.

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

STE' s Days Payable Range Over the Past 10 Years
Min: 29.49 Med: 32.24 Max: 34.99
Current: 29.49

During the past 13 years, Steris's highest Days Payable was 34.99. The lowest was 29.49. And the median was 32.24.

STE's Days Payable is ranked worse than
84.83% of 791 companies
in the Medical Devices & Instruments industry
Industry Median: 69.21 vs STE: 29.49

Steris's Days Payable declined from Dec. 2023 (35.28) to Dec. 2024 (28.41). It may suggest that Steris accelerated paying its suppliers.

Steris Days Payable Historical Data

The historical data trend for Steris'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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Steris Days Payable Chart

Steris Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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32.24

31.68

29.84

34.99

32.24

Steris 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															35.28	28.82	31.19	28.39	28.41

Competitive Comparison of Steris's Days Payable

For the Medical Devices subindustry, Steris'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.

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

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

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

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Steris 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.

Steris's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (264.165	+	251.723)	/	2 )	/	2920.541	*	365
=	257.944					/	2920.541	*	365
=	32.24

Steris'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
=	( (235.07	+	238.298)	/	2 )	/	760.238	*	365 / 4
=	236.684					/	760.238	*	365 / 4
=	28.41

Steris Days Payable Related Terms

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

Steris Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Steris PLC (NYSE:STE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

S1TE34:Brazil

Address

5960 Heisley Road, Mentor, OH, USA, 44060

Website

https://www.steris.com

Steris is an Ireland-domiciled medical technology company focused on sterilization services and infection prevention. The company is the global leader in contract sterilization services, ensuring the safe delivery of single-use and implantable medical equipment to hospitals around the world. Additionally, Steris sells sterilizers, washer-disinfectors, and other decontamination equipment and supplies for use by care provider facilities and in biopharma manufacturing sites. Domiciled in the United States before its inversion to Ireland, the firm derives approximately 70% of its revenue from Healthcare Services, 19% from Applied Sterilization Technologies, or AST, and 11% from life sciences services after the divestment of its dental products business.

Executives

Cary L Majors	officer: VP, N America Com Operations	5960 HEISLEY ROAD, MENTOR OH 44060
Michael J Tokich	director, officer: Sr. Vice Pres., CFO	C/O STERIS CORP, 5960 HEISLEY RD, MENTOR OH 44060
Christopher S Holland	director	ARAMARK CORP, 1101 MARKET ST 29TH FLOOR, PHILADELPHIA PA 19107
Julia Madsen	officer: Senior VP, Life Sciences	5960 HEISLEY ROAD, MENTOR OH 44060
Renato Tamaro	officer: V.P. & Corporate Treasurer	5960 HEISLEY ROAD, MENTOR OH 44060
Cynthia L Feldmann	director	17 WINTHROP ROAD, WAYLAND MA 01778
Mohsen Sohi	director	C/O STERIS CORPORATION, 5960 HEISLEY ROAD, MENTOR OH 44060
Karen L Burton	officer: VP, Controller & CAO	5960 HEISLEY ROAD, MENTOR OH 44060
Jacqueline B Kosecoff	director	5960 HEISLEY ROAD, MENTOR OH 44060
Richard C Breeden	director	100 SOUTH WACKER, SUITE 1800, CHICAGO IL 60606
Esther M. Alegria	director	2642 MICHELLE DRIVE, SUITE 200, TUSTIN CA 92780
John Adam Zangerle	director, officer: Sr. VP, Gen Counsel, and Sec.	5960 HEISLEY ROAD, MENTOR OH 44060
Andrew Xilas	officer: SVP and GM, Dental	5960 HEISLEY ROAD, MENTOR OH 44060
Paul Edward Martin	director	C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
David B Lewis	director