Sonic Healthcare (ASX:SHL) Days Payable : 148.26 (As of Dec. 2023)

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What is Sonic Healthcare Days Payable?

Sonic Healthcare's average Accounts Payable for the six months ended in Dec. 2023 was A$557 Mil. Sonic Healthcare's Cost of Goods Sold for the six months ended in Dec. 2023 was A$685 Mil. Hence, Sonic Healthcare's Days Payable for the six months ended in Dec. 2023 was 148.26.

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

ASX:SHL' s Days Payable Range Over the Past 10 Years
Min: 53.35 Med: 93.26 Max: 184.37
Current: 184.37

During the past 13 years, Sonic Healthcare's highest Days Payable was 184.37. The lowest was 53.35. And the median was 93.26.

ASX:SHL's Days Payable is ranked better than
76.19% of 210 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.79 vs ASX:SHL: 184.37

Sonic Healthcare's Days Payable declined from Dec. 2022 (170.75) to Dec. 2023 (148.26). It may suggest that Sonic Healthcare accelerated paying its suppliers.

Sonic Healthcare Days Payable Historical Data

The historical data trend for Sonic Healthcare'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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Sonic Healthcare Days Payable Chart

Sonic Healthcare Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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80.07

96.64

66.29

53.35

71.25

Sonic Healthcare 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															140.23	145.45	170.75	163.39	148.26

Competitive Comparison of Sonic Healthcare's Days Payable

For the Diagnostics & Research subindustry, Sonic Healthcare'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.

Sonic Healthcare's Days Payable Distribution in the Medical Diagnostics & Research Industry

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

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

Sonic Healthcare 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.

Sonic Healthcare's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (243.8	+	255.799)	/	2 )	/	1279.695	*	365
=	249.7995					/	1279.695	*	365
=	71.25

Sonic Healthcare's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (255.799	+	857.47)	/	2 )	/	685.188	*	365 / 2
=	556.6345					/	685.188	*	365 / 2
=	148.26

Sonic Healthcare Days Payable Related Terms

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Sonic Healthcare (ASX:SHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Sonic Healthcare Ltd (ASX:SHL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SKHHY:USA SKHCF:USA SAB:Germany

Address

225 George Street, Level 22, Grosvenor Place, Sydney, NSW, AUS, 2000

Website

https://www.sonichealthcare.com

Sonic Healthcare is a global pathology provider. It is the largest private operator in Australia, Germany, Switzerland and the U.K., the second largest in Belgium and New Zealand and the third largest in the U.S. In addition to pathology, which contributes roughly 85% of group revenue, Sonic is the second largest player in diagnostic imaging in Australia and the largest operator of medical centers in Australia. The company typically earns about 40% of group revenue in Australia and New Zealand, 25% in the U.S. and 35% in Europe.

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