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Level Bio AB (XSAT:LEVBIO) Days Payable : 55.20 (As of Mar. 2024)


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What is Level Bio AB Days Payable?

Level Bio AB's average Accounts Payable for the three months ended in Mar. 2024 was kr1.58 Mil. Level Bio AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr2.62 Mil. Hence, Level Bio AB's Days Payable for the three months ended in Mar. 2024 was 55.20.

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

XSAT:LEVBIO' s Days Payable Range Over the Past 10 Years
Min: 16.6   Med: 35.01   Max: 59.54
Current: 50.52

During the past 13 years, Level Bio AB's highest Days Payable was 59.54. The lowest was 16.60. And the median was 35.01.

XSAT:LEVBIO's Days Payable is ranked worse than
61.17% of 206 companies
in the Medical Diagnostics & Research industry
Industry Median: 66.645 vs XSAT:LEVBIO: 50.52

Level Bio AB's Days Payable increased from Mar. 2023 (37.74) to Mar. 2024 (55.20). It may suggest that Level Bio AB delayed paying its suppliers.


Level Bio AB Days Payable Historical Data

The historical data trend for Level Bio 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.

Level Bio AB Days Payable Chart

Level Bio AB 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 28.99 18.63 16.60 31.28 44.41

Level Bio 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 37.74 - - 37.03 55.20

Competitive Comparison of Level Bio AB's Days Payable

For the Diagnostics & Research subindustry, Level Bio 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.


Level Bio AB's Days Payable Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Level Bio AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Level Bio AB's Days Payable falls into.



Level Bio 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.

Level Bio 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
=( (1.772 + 1.583) / 2 ) / 13.788*365
=1.6775 / 13.788*365
=44.41

Level Bio 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
=( (1.583 + 0) / 1 ) / 2.617*365 / 4
=1.583 / 2.617*365 / 4
=55.20

* 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.


Level Bio AB Days Payable Related Terms

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Level Bio AB (XSAT:LEVBIO) Business Description

Traded in Other Exchanges
N/A
Address
Vastra Finnbodavagen 4B, Nacka, Stockholm, SWE, 131 30
AlphaHelix Molecular Diagnostics AB develops, manufactures, and markets products for DNA-identification and quantitation in molecular diagnostics and life science research. Its product inlcude Rob, BugScreener MRSA, and aAmp. The company applications inlcude Diagnostics, PCR and Liquid handling.

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