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ChemoMetec A/S (STU:CHY) Days Payable : 132.09 (As of Dec. 2023)


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What is ChemoMetec A/S Days Payable?

ChemoMetec A/S's average Accounts Payable for the six months ended in Dec. 2023 was €1.96 Mil. ChemoMetec A/S's Cost of Goods Sold for the six months ended in Dec. 2023 was €2.71 Mil. Hence, ChemoMetec A/S's Days Payable for the six months ended in Dec. 2023 was 132.09.

The historical rank and industry rank for ChemoMetec A/S's Days Payable or its related term are showing as below:

STU:CHY' s Days Payable Range Over the Past 10 Years
Min: 98.95   Med: 130.08   Max: 185.18
Current: 107.31

During the past 13 years, ChemoMetec A/S's highest Days Payable was 185.18. The lowest was 98.95. And the median was 130.08.

STU:CHY's Days Payable is ranked better than
65.77% of 783 companies
in the Medical Devices & Instruments industry
Industry Median: 72.46 vs STU:CHY: 107.31

ChemoMetec A/S's Days Payable increased from Dec. 2022 (124.42) to Dec. 2023 (132.09). It may suggest that ChemoMetec A/S delayed paying its suppliers.


ChemoMetec A/S Days Payable Historical Data

The historical data trend for ChemoMetec A/S'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.

ChemoMetec A/S Days Payable Chart

ChemoMetec A/S Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 183.55 163.82 112.40 106.42 128.75

ChemoMetec A/S Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 65.61 162.50 124.42 101.12 132.09

Competitive Comparison of ChemoMetec A/S's Days Payable

For the Medical Devices subindustry, ChemoMetec A/S'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.


ChemoMetec A/S's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where ChemoMetec A/S's Days Payable falls into.



ChemoMetec A/S 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.

ChemoMetec A/S's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (2.287 + 2.357) / 2 ) / 6.583*365
=2.322 / 6.583*365
=128.75

ChemoMetec A/S's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2.357 + 1.56) / 2 ) / 2.706*365 / 2
=1.9585 / 2.706*365 / 2
=132.09

* 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.


ChemoMetec A/S Days Payable Related Terms

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ChemoMetec A/S (STU:CHY) Business Description

Traded in Other Exchanges
Address
Gydevang 43, Allerod, DNK, 3450
ChemoMetec A/S specializes in the design, development, and production of instruments using patented technology in cell counting and evaluation. It is engaged in the manufacturing, and marketing of analytical instruments used for quantitative analysis of cells in liquids. Its applications include Cell Analysis and counting of Mammalian Cells, Yeast Cells, and Sperm Cells. It provides platforms for the determination of viability and cell count of yeast, veterinary semen, mammalian cells, and somatic cells as well as image analysis. It has four segments instruments; consumables; services and others.