IDEXX Laboratories (BSP:I1DX34) Days Payable : 27.24 (As of Dec. 2023)

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What is IDEXX Laboratories Days Payable?

IDEXX Laboratories's average Accounts Payable for the three months ended in Dec. 2023 was R$549 Mil. IDEXX Laboratories's Cost of Goods Sold for the three months ended in Dec. 2023 was R$1,840 Mil. Hence, IDEXX Laboratories's Days Payable for the three months ended in Dec. 2023 was 27.24.

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

BSP:I1DX34' s Days Payable Range Over the Past 10 Years
Min: 20.35 Med: 25.68 Max: 30.31
Current: 27.73

During the past 13 years, IDEXX Laboratories's highest Days Payable was 30.31. The lowest was 20.35. And the median was 25.68.

BSP:I1DX34's Days Payable is ranked worse than
80% of 210 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.79 vs BSP:I1DX34: 27.73

IDEXX Laboratories's Days Payable declined from Dec. 2022 (29.25) to Dec. 2023 (27.24). It may suggest that IDEXX Laboratories accelerated paying its suppliers.

IDEXX Laboratories Days Payable Historical Data

The historical data trend for IDEXX Laboratories'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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IDEXX Laboratories Days Payable Chart

IDEXX Laboratories Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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24.18

21.24

25.32

31.52

28.37

IDEXX Laboratories Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															29.25	29.21	28.79	27.11	27.24

Competitive Comparison of IDEXX Laboratories's Days Payable

For the Diagnostics & Research subindustry, IDEXX Laboratories'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.

IDEXX Laboratories's Days Payable Distribution in the Medical Diagnostics & Research Industry

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

* The bar in red indicates where IDEXX Laboratories's Days Payable falls into.

IDEXX Laboratories 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.

IDEXX Laboratories'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
=	( (578.153	+	542.129)	/	2 )	/	7207.523	*	365
=	560.141					/	7207.523	*	365
=	28.37

IDEXX Laboratories'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (556.142	+	542.129)	/	2 )	/	1839.552	*	365 / 4
=	549.1355					/	1839.552	*	365 / 4
=	27.24

IDEXX Laboratories Days Payable Related Terms

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IDEXX Laboratories (BSP:I1DX34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » IDEXX Laboratories Inc (BSP:I1DX34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IDXX:USA IDXX:Mexico IX1:Germany IDXX:Austria

Address

One IDEXX Drive, Westbrook, ME, USA, 04092

Website

https://www.idexx.com

Idexx Laboratories primarily develops, manufactures, and distributes diagnostic products, equipment, and services for pets and livestock. Its key product lines include single-use canine and feline test kits that veterinarians can employ in the office, benchtop chemistry and hematology analyzers for test-panel analysis on-site, reference lab services, and tests to detect and manage disease in livestock. The firm also offers vet practice management software and consulting services to animal hospitals. Idexx gets close to 40% of its revenue from outside the United States.

IDEXX Laboratories (BSP:I1DX34) Headlines

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