ThermoGenesis Holdings (STU:THR) Days Payable : 57.45 (As of Mar. 2024)

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What is ThermoGenesis Holdings Days Payable?

ThermoGenesis Holdings's average Accounts Payable for the three months ended in Mar. 2024 was €0.89 Mil. ThermoGenesis Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €1.41 Mil. Hence, ThermoGenesis Holdings's Days Payable for the three months ended in Mar. 2024 was 57.45.

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

STU:THR' s Days Payable Range Over the Past 10 Years
Min: 38.21 Med: 92.68 Max: 153.53
Current: 38.21

During the past 13 years, ThermoGenesis Holdings's highest Days Payable was 153.53. The lowest was 38.21. And the median was 92.68.

STU:THR's Days Payable is ranked worse than
77.85% of 790 companies
in the Medical Devices & Instruments industry
Industry Median: 72.905 vs STU:THR: 38.21

ThermoGenesis Holdings's Days Payable increased from Mar. 2023 (54.82) to Mar. 2024 (57.45). It may suggest that ThermoGenesis Holdings delayed paying its suppliers.

ThermoGenesis Holdings Days Payable Historical Data

The historical data trend for ThermoGenesis 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.

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ThermoGenesis Holdings Days Payable Chart

ThermoGenesis Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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94.67

63.45

80.19

47.43

43.52

ThermoGenesis 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															54.82	36.75	27.68	28.97	57.45

Competitive Comparison of ThermoGenesis Holdings's Days Payable

For the Medical Devices subindustry, ThermoGenesis 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.

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

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

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

ThermoGenesis 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.

ThermoGenesis 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
=	( (0.774	+	0.869)	/	2 )	/	6.89	*	365
=	0.8215					/	6.89	*	365
=	43.52

ThermoGenesis 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
=	( (0.869	+	0.909)	/	2 )	/	1.412	*	365 / 4
=	0.889					/	1.412	*	365 / 4
=	57.45

ThermoGenesis Holdings Days Payable Related Terms

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ThermoGenesis Holdings (STU:THR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ThermoGenesis Holdings Inc (STU:THR) » Definitions » Days Payable

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THMO:USA

Address

2711 Citrus Road, Rancho Cordova, CA, USA, 95742

Website

https://www.thermogenesis.com

ThermoGenesis Holdings Inc develops, commercializes and markets a range of automated technologies for CAR-T and other cell-based therapies. The company currently markets a full suite of solutions for automated clinical biobanking, point-of-care applications, and automation for immuno-oncology, including its semi-automated, functionally-closed CAR-TXpress platform, which streamlines the manufacturing process for the emerging CAR-T immunotherapy market. It offers the AutoXpress and BioArchive platforms for automated clinical bio-banking, PXP platform for point-of-care cell-based therapies and CAR-TXpress platform for bio-manufacturing for immuno-oncology applications.