ABL Diagnostics (XPAR:ABLD) Days Payable : 1,221.76 (As of Jun. 2023)

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What is ABL Diagnostics Days Payable?

ABL Diagnostics's average Accounts Payable for the six months ended in Jun. 2023 was €4.32 Mil. ABL Diagnostics's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.65 Mil. Hence, ABL Diagnostics's Days Payable for the six months ended in Jun. 2023 was 1,221.76.

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

XPAR:ABLD' s Days Payable Range Over the Past 10 Years
Min: 35.54 Med: 86.49 Max: 1899.37
Current: 1647.69

During the past 13 years, ABL Diagnostics's highest Days Payable was 1899.37. The lowest was 35.54. And the median was 86.49.

XPAR:ABLD's Days Payable is ranked better than
97.13% of 592 companies
in the Healthcare Providers & Services industry
Industry Median: 62.115 vs XPAR:ABLD: 1647.69

ABL Diagnostics's Days Payable increased from Jun. 2022 (191.13) to Jun. 2023 (1,221.76). It may suggest that ABL Diagnostics delayed paying its suppliers.

ABL Diagnostics Days Payable Historical Data

The historical data trend for ABL Diagnostics'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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ABL Diagnostics Days Payable Chart

ABL Diagnostics Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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39.34

99.55

73.42

130.61

1,899.37

ABL Diagnostics Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															75.03	123.84	191.13	-	1,221.76

Competitive Comparison of ABL Diagnostics's Days Payable

For the Health Information Services subindustry, ABL Diagnostics'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.

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

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

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

ABL Diagnostics 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.

ABL Diagnostics'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
=	( (0.056	+	4.388)	/	2 )	/	0.427	*	365
=	2.222					/	0.427	*	365
=	1,899.37

ABL Diagnostics'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
=	( (4.388	+	4.248)	/	2 )	/	0.645	*	365 / 2
=	4.318					/	0.645	*	365 / 2
=	1,221.76

ABL Diagnostics Days Payable Related Terms

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ABL Diagnostics (XPAR:ABLD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » ABL Diagnostics (XPAR:ABLD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

72c, rue de, WOIPPY, Thionville, FRA, 57140

Website

https://www.abldiagnostics.com

ABL Diagnostics is a diagnostic and medical software company. The group has focused on the development of software for collecting and processing medical databases, measuring the quality of care, diagnosing infectious diseases by genotyping, and providing decision support for doctors and nurses, virology and microbiology laboratories, and researchers dealing with patients suffering from chronic and complex diseases. It also develops, manufactures, and markets kits for clinical specimen collection.

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