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Equasens (XPAR:EQS) Days Payable : 79.57 (As of Jun. 2023)


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What is Equasens Days Payable?

Equasens's average Accounts Payable for the six months ended in Jun. 2023 was €15.9 Mil. Equasens's Cost of Goods Sold for the six months ended in Jun. 2023 was €36.5 Mil. Hence, Equasens's Days Payable for the six months ended in Jun. 2023 was 79.57.

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

XPAR:EQS' s Days Payable Range Over the Past 10 Years
Min: 58.91   Med: 80.14   Max: 164.64
Current: 164.64

During the past 13 years, Equasens's highest Days Payable was 164.64. The lowest was 58.91. And the median was 80.14.

XPAR:EQS's Days Payable is ranked better than
79.86% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.58 vs XPAR:EQS: 164.64

Equasens's Days Payable declined from Jun. 2022 (92.20) to Jun. 2023 (79.57). It may suggest that Equasens accelerated paying its suppliers.


Equasens Days Payable Historical Data

The historical data trend for Equasens'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.

Equasens Days Payable Chart

Equasens 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 91.65 95.96 93.89 88.06 -

Equasens 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 91.10 92.20 89.36 79.57 -

Competitive Comparison of Equasens's Days Payable

For the Health Information Services subindustry, Equasens'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.


Equasens's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Equasens's Days Payable distribution charts can be found below:

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



Equasens 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.

Equasens'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
=( (16.269 + 16.81) / 2 ) / 68.553*365
=16.5395 / 68.553*365
=88.06

Equasens's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (16.81 + 14.989) / 2 ) / 36.466*365 / 2
=15.8995 / 36.466*365 / 2
=79.57

* 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.


Equasens Days Payable Related Terms

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


Equasens (XPAR:EQS) Business Description

Traded in Other Exchanges
Address
5 Allee de Saint-Cloud, Technopole de Nancy Brabois, Villers-les-Nancy, FRA, 54600
Equasens is engaged in the European healthcare sector, providing software solutions to all healthcare professionals (pharmacists, primary care practitioners, hospitals, Hospital-at-Home structures, retirement homes, health centres) and patients in both primary and secondary care sectors. With operations in France, Italy, Belgium, Luxembourg and the United Kingdom, Equasens is developing the healthcare platform and an ecosystem in France and Europe benefiting people by making available its technology services.

Equasens (XPAR:EQS) Headlines

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