GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Invent Medic Sweden AB (XSAT:IMS) » Definitions » Days Payable

Invent Medic Sweden AB (XSAT:IMS) Days Payable : 62.95 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Invent Medic Sweden AB Days Payable?

Invent Medic Sweden AB's average Accounts Payable for the three months ended in Mar. 2024 was kr0.26 Mil. Invent Medic Sweden AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr0.37 Mil. Hence, Invent Medic Sweden AB's Days Payable for the three months ended in Mar. 2024 was 62.95.

The historical rank and industry rank for Invent Medic Sweden AB's Days Payable or its related term are showing as below:

XSAT:IMS' s Days Payable Range Over the Past 10 Years
Min: 105.08   Med: 439.75   Max: 1225.53
Current: 105.08

During the past 8 years, Invent Medic Sweden AB's highest Days Payable was 1225.53. The lowest was 105.08. And the median was 439.75.

XSAT:IMS's Days Payable is ranked better than
65.26% of 783 companies
in the Medical Devices & Instruments industry
Industry Median: 72.46 vs XSAT:IMS: 105.08

Invent Medic Sweden AB's Days Payable declined from Mar. 2023 (199.82) to Mar. 2024 (62.95). It may suggest that Invent Medic Sweden AB accelerated paying its suppliers.


Invent Medic Sweden AB Days Payable Historical Data

The historical data trend for Invent Medic Sweden AB'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.

Invent Medic Sweden AB Days Payable Chart

Invent Medic Sweden AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 1,225.53 439.75 555.70 363.62 110.72

Invent Medic Sweden AB 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 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 199.82 - - 48.24 62.95

Competitive Comparison of Invent Medic Sweden AB's Days Payable

For the Medical Devices subindustry, Invent Medic Sweden AB'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.


Invent Medic Sweden AB's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Invent Medic Sweden AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Invent Medic Sweden AB's Days Payable falls into.



Invent Medic Sweden AB 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.

Invent Medic Sweden AB'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
=( (0.646 + 0.258) / 2 ) / 1.49*365
=0.452 / 1.49*365
=110.72

Invent Medic Sweden AB'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
=( (0.258 + 0) / 1 ) / 0.374*365 / 4
=0.258 / 0.374*365 / 4
=62.95

* 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.


Invent Medic Sweden AB Days Payable Related Terms

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


Invent Medic Sweden AB (XSAT:IMS) Business Description

Traded in Other Exchanges
N/A
Address
Medicon Village, Scheele path 2, Lund, SWE, 223 81
Invent Medic Sweden AB develops and markets its product - Efemia bladder support, a vaginal medical device for the treatment of female urinary incontinence.

Invent Medic Sweden AB (XSAT:IMS) Headlines

From GuruFocus

Weekly Insider Sells Highlight: IMS, NOW, BMY, EA

By James Xiao James Xiao 08-11-2015

5 Companies Reach 52-Week Highs

By yifan900 yifan900 02-13-2018

The Big 3: Larry Robbins' Top 2nd-Quarter Buys

By James Li James Li 08-16-2016

Well-Known Companies Reach 52 Week Highs

By yifan900 yifan900 10-11-2016

Healthcare Informatics: A Value Investor's Perspective

By Thomas Macpherson Thomas Macpherson 10-23-2015