Elanco Animal Health (STU:5EA) Days Payable : 51.84 (As of Sep. 2024)

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What is Elanco Animal Health Days Payable?

Elanco Animal Health's average Accounts Payable for the three months ended in Sep. 2024 was €252 Mil. Elanco Animal Health's Cost of Goods Sold for the three months ended in Sep. 2024 was €443 Mil. Hence, Elanco Animal Health's Days Payable for the three months ended in Sep. 2024 was 51.84.

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

STU:5EA' s Days Payable Range Over the Past 10 Years
Min: 47.43 Med: 60.75 Max: 79.22
Current: 51.3

During the past 9 years, Elanco Animal Health's highest Days Payable was 79.22. The lowest was 47.43. And the median was 60.75.

STU:5EA's Days Payable is ranked worse than
72.79% of 952 companies
in the Drug Manufacturers industry
Industry Median: 85.205 vs STU:5EA: 51.30

Elanco Animal Health's Days Payable declined from Sep. 2023 (60.40) to Sep. 2024 (51.84). It may suggest that Elanco Animal Health accelerated paying its suppliers.

Elanco Animal Health Days Payable Historical Data

The historical data trend for Elanco Animal Health'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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Elanco Animal Health Days Payable Chart

Elanco Animal Health Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.52

81.53

75.44

74.41

63.46

Elanco Animal Health Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															60.40	50.62	50.60	54.39	51.84

Competitive Comparison of Elanco Animal Health's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Elanco Animal Health'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.

Elanco Animal Health's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Elanco Animal Health's Days Payable distribution charts can be found below:

* The bar in red indicates where Elanco Animal Health's Days Payable falls into.

Elanco Animal Health 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.

Elanco Animal Health'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
=	( (368.16	+	247.59)	/	2 )	/	1770.727	*	365
=	307.875					/	1770.727	*	365
=	63.46

Elanco Animal Health's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (270.339	+	233.359)	/	2 )	/	443.292	*	365 / 4
=	251.849					/	443.292	*	365 / 4
=	51.84

Elanco Animal Health Days Payable Related Terms

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Elanco Animal Health Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Elanco Animal Health Inc (STU:5EA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ELAN:USA

Address

2500 Innovation Way, Greenfield, IN, USA, 46140

Website

https://www.elanco.com

Elanco Animal Health is an animal health company that is engaged in developing, manufacturing, and marketing pharma products for companion and food animals. It spun off from Eli Lilly in 2018 and acquired Janssen Animal Health in 2011, Novartis Animal Health in 2014, Boehringer Ingelheim Vetmedica in 2017, and Bayer Animal Health in 2020. The company's operations are conducted globally, and it sells its products in over 90 countries. It offers a range of food animal products used in cattle, sheep, goats, and swine production.

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