GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Apontis Pharma AG (XTER:APPH) » Definitions » Days Payable

Apontis Pharma AG (XTER:APPH) Days Payable : 108.07 (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Apontis Pharma AG Days Payable?

Apontis Pharma AG's average Accounts Payable for the six months ended in Jun. 2024 was €5.25 Mil. Apontis Pharma AG's Cost of Goods Sold for the six months ended in Jun. 2024 was €8.87 Mil. Hence, Apontis Pharma AG's Days Payable for the six months ended in Jun. 2024 was 108.07.

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

XTER:APPH' s Days Payable Range Over the Past 10 Years
Min: 65.68   Med: 82.05   Max: 138.25
Current: 119

During the past 6 years, Apontis Pharma AG's highest Days Payable was 138.25. The lowest was 65.68. And the median was 82.05.

XTER:APPH's Days Payable is ranked better than
65.7% of 968 companies
in the Drug Manufacturers industry
Industry Median: 86.23 vs XTER:APPH: 119.00

Apontis Pharma AG's Days Payable declined from Jun. 2023 (134.58) to Jun. 2024 (108.07). It may suggest that Apontis Pharma AG accelerated paying its suppliers.


Apontis Pharma AG Days Payable Historical Data

The historical data trend for Apontis Pharma AG'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.

Apontis Pharma AG Days Payable Chart

Apontis Pharma AG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 138.04 82.05 65.68 73.59 138.25

Apontis Pharma AG Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.69 93.31 134.58 132.67 108.07

Competitive Comparison of Apontis Pharma AG's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Apontis Pharma AG'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.


Apontis Pharma AG's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Apontis Pharma AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Apontis Pharma AG's Days Payable falls into.



Apontis Pharma AG 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.

Apontis Pharma AG'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
=( (5.359 + 5.09) / 2 ) / 13.793*365
=5.2245 / 13.793*365
=138.25

Apontis Pharma AG's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (5.09 + 5.41) / 2 ) / 8.866*365 / 2
=5.25 / 8.866*365 / 2
=108.07

* 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.


Apontis Pharma AG Days Payable Related Terms

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


Apontis Pharma AG Business Description

Traded in Other Exchanges
Address
Alfred-Nobel-Strabe 10, Monheim, BY, DEU, 40789
Apontis Pharma AG is a pharmaceutical company specializing in single pills in Germany. single pills combine two to three generic active ingredients in a single dosage form. The company develops, promotes, and sells a broad portfolio of single pills and other pharmaceutical products, with a special focus on cardiovascular diseases.
Executives
Karlheinz Gast Board of Directors
Thomas Milz Board of Directors

Apontis Pharma AG Headlines

No Headlines