Medcom Tech (XMAD:MED) Days Payable : 467.67 (As of Dec. 2022)

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What is Medcom Tech Days Payable?

Medcom Tech's average Accounts Payable for the six months ended in Dec. 2022 was €9.58 Mil. Medcom Tech's Cost of Goods Sold for the six months ended in Dec. 2022 was €7.48 Mil. Hence, Medcom Tech's Days Payable for the six months ended in Dec. 2022 was 233.84.

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

XMAD:MED' s Days Payable Range Over the Past 10 Years
Min: 175.45 Med: 315.71 Max: 473.36
Current: 467.67

During the past 13 years, Medcom Tech's highest Days Payable was 473.36. The lowest was 175.45. And the median was 315.71.

XMAD:MED's Days Payable is not ranked
in the Medical Distribution industry.
Industry Median: 73.32 vs XMAD:MED: 467.67

Medcom Tech's Days Payable increased from Dec. 2020 (395.81) to Dec. 2022 (467.67). It may suggest that Medcom Tech delayed paying its suppliers.

Medcom Tech Days Payable Historical Data

The historical data trend for Medcom Tech'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.

Medcom Tech Days Payable Chart

Medcom Tech Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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335.56

473.36

395.81

407.43

467.67

Medcom Tech Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Payable	Get a 7-Day Free Trial									335.56	473.36	395.81	407.43	467.67

Competitive Comparison of Medcom Tech's Days Payable

For the Medical Distribution subindustry, Medcom Tech'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.

Medcom Tech's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Medcom Tech's Days Payable distribution charts can be found below:

* The bar in red indicates where Medcom Tech's Days Payable falls into.

Medcom Tech 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.

Medcom Tech's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (10.305	+	8.853)	/	2 )	/	7.476	*	365
=	9.579					/	7.476	*	365
=	467.67

Medcom Tech's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (10.305	+	8.853)	/	2 )	/	7.476	*	365 / 2
=	9.579					/	7.476	*	365 / 2
=	233.84

Medcom Tech Days Payable Related Terms

Thank you for viewing the detailed overview of Medcom Tech's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Medcom Tech (XMAD:MED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Medcom Tech SA (XMAD:MED) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/ Catalunya, 83-85, Viladecans Business Park - Edificio Brasil, Viladecans, Barcelona, ESP, 08840

Website

http://www.medcomtech.es

Medcom Tech SA is engaged in the distribution of medical and surgical products in the areas of orthopedics, traumatology, and neurosurgery in Spain and Portugal.