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Ekso Bionics Holdings (STU:23E2) Days Payable : 93.94 (As of Mar. 2024)


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What is Ekso Bionics Holdings Days Payable?

Ekso Bionics Holdings's average Accounts Payable for the three months ended in Mar. 2024 was €1.71 Mil. Ekso Bionics Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €1.66 Mil. Hence, Ekso Bionics Holdings's Days Payable for the three months ended in Mar. 2024 was 93.94.

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

STU:23E2' s Days Payable Range Over the Past 10 Years
Min: 75.85   Med: 136.99   Max: 187
Current: 102.08

During the past 12 years, Ekso Bionics Holdings's highest Days Payable was 187.00. The lowest was 75.85. And the median was 136.99.

STU:23E2's Days Payable is ranked better than
64.5% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.67 vs STU:23E2: 102.08

Ekso Bionics Holdings's Days Payable declined from Mar. 2023 (133.88) to Mar. 2024 (93.94). It may suggest that Ekso Bionics Holdings accelerated paying its suppliers.


Ekso Bionics Holdings Days Payable Historical Data

The historical data trend for Ekso Bionics Holdings'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.

Ekso Bionics Holdings Days Payable Chart

Ekso Bionics Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.21 171.67 182.68 165.24 100.99

Ekso Bionics Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 133.88 116.09 118.95 81.05 93.94

Competitive Comparison of Ekso Bionics Holdings's Days Payable

For the Medical Instruments & Supplies subindustry, Ekso Bionics Holdings'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.


Ekso Bionics Holdings's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Ekso Bionics Holdings's Days Payable falls into.



Ekso Bionics Holdings 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.

Ekso Bionics Holdings's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (2.975 + 1.694) / 2 ) / 8.437*365
=2.3345 / 8.437*365
=100.99

Ekso Bionics Holdings'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: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1.694 + 1.726) / 2 ) / 1.661*365 / 4
=1.71 / 1.661*365 / 4
=93.94

* 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.


Ekso Bionics Holdings Days Payable Related Terms

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Ekso Bionics Holdings (STU:23E2) Business Description

Traded in Other Exchanges
Address
101 Glacier Point, Suite A, San Rafael, CA, USA, 94901
Ekso Bionics Holdings Inc designs, develops and sells exoskeleton technology used in healthcare and industrial markets. The wearable exoskeletons are to be worn over clothes and controlled by a trained operator to augment human strength, endurance, and mobility. The company's segments are EksoHealth and EksoWorks. All of the company's operations are held in the United States. The EksoHealth segment which derives majority revenue designs, engineers, manufactures and sells exoskeletons for applications in the medical markets. The EksoWorks segment designs, engineers, manufactures, and markets exoskeleton devices to allow able-bodied users to perform difficult repetitive work for extended periods. The regions company operates in are the Americas, EMEA, and APAC.

Ekso Bionics Holdings (STU:23E2) Headlines

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