Reshape Lifesciences (STU:24O0) Days Payable : 175.75 (As of Mar. 2024)

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What is Reshape Lifesciences Days Payable?

Reshape Lifesciences's average Accounts Payable for the three months ended in Mar. 2024 was €1.38 Mil. Reshape Lifesciences's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.72 Mil. Hence, Reshape Lifesciences's Days Payable for the three months ended in Mar. 2024 was 175.75.

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

STU:24O0' s Days Payable Range Over the Past 10 Years
Min: 185.84 Med: 286.88 Max: 3021.27
Current: 206.82

During the past 13 years, Reshape Lifesciences's highest Days Payable was 3021.27. The lowest was 185.84. And the median was 286.88.

STU:24O0's Days Payable is ranked better than
82.53% of 790 companies
in the Medical Devices & Instruments industry
Industry Median: 72.585 vs STU:24O0: 206.82

Reshape Lifesciences's Days Payable increased from Mar. 2023 (169.22) to Mar. 2024 (175.75). It may suggest that Reshape Lifesciences delayed paying its suppliers.

Reshape Lifesciences Days Payable Historical Data

The historical data trend for Reshape Lifesciences'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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Reshape Lifesciences Days Payable Chart

Reshape Lifesciences Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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184.67

301.49

238.45

212.86

214.10

Reshape Lifesciences 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															169.22	155.96	160.02	1,040.46	175.75

Competitive Comparison of Reshape Lifesciences's Days Payable

For the Medical Devices subindustry, Reshape Lifesciences'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.

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

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

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

Reshape Lifesciences 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.

Reshape Lifesciences'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
=	( (1.818	+	1.549)	/	2 )	/	2.87	*	365
=	1.6835					/	2.87	*	365
=	214.10

Reshape Lifesciences'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
=	( (1.549	+	1.209)	/	2 )	/	0.716	*	365 / 4
=	1.379					/	0.716	*	365 / 4
=	175.75

Reshape Lifesciences Days Payable Related Terms

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Reshape Lifesciences (STU:24O0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Reshape Lifesciences Inc (STU:24O0) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RSLS:USA

Address

1001 Calle Amanecer, San Clemente, CA, USA, 92673

Website

https://www.reshapelifesciences.com

Reshape Lifesciences Inc is a developer of minimally invasive medical devices to treat obesity and metabolic diseases. The company's current portfolio includes the LAP-BAND, an Adjustable Gastric Banding System, ReShapeCare virtual health coaching program, ReShape Market Place, including ReShape Optimize a supplemental multivitamin, the Obalon Balloon System, the first and only swallowable gas-filled balloon system, and the Diabetes Bloc-Stim Neuromodulation, a technology under development as a new treatment for type 2 diabetes mellitus.

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