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MicroPort Scientific (STU:MSK) Days Payable : 135.65 (As of Dec. 2023)


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What is MicroPort Scientific Days Payable?

MicroPort Scientific's average Accounts Payable for the six months ended in Dec. 2023 was €153.0 Mil. MicroPort Scientific's Cost of Goods Sold for the six months ended in Dec. 2023 was €205.8 Mil. Hence, MicroPort Scientific's Days Payable for the six months ended in Dec. 2023 was 135.65.

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

STU:MSK' s Days Payable Range Over the Past 10 Years
Min: 109.48   Med: 138.94   Max: 155.63
Current: 138.13

During the past 13 years, MicroPort Scientific's highest Days Payable was 155.63. The lowest was 109.48. And the median was 138.94.

STU:MSK's Days Payable is ranked better than
74.78% of 789 companies
in the Medical Devices & Instruments industry
Industry Median: 72.79 vs STU:MSK: 138.13

MicroPort Scientific's Days Payable declined from Dec. 2022 (139.32) to Dec. 2023 (135.65). It may suggest that MicroPort Scientific accelerated paying its suppliers.


MicroPort Scientific Days Payable Historical Data

The historical data trend for MicroPort Scientific'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.

MicroPort Scientific Days Payable Chart

MicroPort Scientific 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 153.51 136.48 119.06 143.24 145.31

MicroPort Scientific 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 121.19 148.87 139.32 137.85 135.65

Competitive Comparison of MicroPort Scientific's Days Payable

For the Medical Devices subindustry, MicroPort Scientific'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.


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

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

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



MicroPort Scientific 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.

MicroPort Scientific'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
=( (135.238 + 170.425) / 2 ) / 383.881*365
=152.8315 / 383.881*365
=145.31

MicroPort Scientific'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
=( (135.528 + 170.425) / 2 ) / 205.81*365 / 2
=152.9765 / 205.81*365 / 2
=135.65

* 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.


MicroPort Scientific Days Payable Related Terms

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MicroPort Scientific (STU:MSK) Business Description

Traded in Other Exchanges
Address
1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, CHN, 201203
MicroPort Scientific Corp develops & markets medical devices in eight segments. Cardiovascular devices business: sales, manufacture, R&D of cardiovascular devices like drug-eluting stents. Orthopedics devices business: sales, manufacture, R&D of orthopedics devices. CRM business: sales, manufacture, R&D of cardiac rhythm management devices. Endovascular & peripheral vascular devices business: sales, manufacture, R&D of endovascular & peripheral vascular devices. Neurovascular devices business: sales, manufacture, R&D of neurovascular devices. Heart valve business: sales, manufacture, R&D of heart valve devices. Surgical robot business: sales, manufacture, R&D of surgical robot devices. Surgical devices business: sales, manufacture, R&D of surgical devices. The key revenue is from The PRC.

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