Chemical Works of Gedeon Richter (BUD:RICHTER) Days Payable : 17.95 (As of Dec. 2023)

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What is Chemical Works of Gedeon Richter Days Payable?

Chemical Works of Gedeon Richter's average Accounts Payable for the three months ended in Dec. 2023 was Ft45,299 Mil. Chemical Works of Gedeon Richter's Cost of Goods Sold for the three months ended in Dec. 2023 was Ft230,309 Mil. Hence, Chemical Works of Gedeon Richter's Days Payable for the three months ended in Dec. 2023 was 17.95.

The historical rank and industry rank for Chemical Works of Gedeon Richter's Days Payable or its related term are showing as below:

BUD:RICHTER' s Days Payable Range Over the Past 10 Years
Min: 26.18 Med: 93.76 Max: 102.27
Current: 26.18

During the past 13 years, Chemical Works of Gedeon Richter's highest Days Payable was 102.27. The lowest was 26.18. And the median was 93.76.

BUD:RICHTER's Days Payable is ranked worse than
92.12% of 977 companies
in the Drug Manufacturers industry
Industry Median: 86.23 vs BUD:RICHTER: 26.18

Chemical Works of Gedeon Richter's Days Payable increased from Dec. 2022 (15.48) to Dec. 2023 (17.95). It may suggest that Chemical Works of Gedeon Richter delayed paying its suppliers.

Chemical Works of Gedeon Richter Days Payable Historical Data

The historical data trend for Chemical Works of Gedeon Richter'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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Chemical Works of Gedeon Richter Days Payable Chart

Chemical Works of Gedeon Richter Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

92.29

93.90

94.37

67.04

62.62

Chemical Works of Gedeon Richter 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															15.48	45.35	47.41	17.62	17.95

Competitive Comparison of Chemical Works of Gedeon Richter's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Chemical Works of Gedeon Richter'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.

Chemical Works of Gedeon Richter's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Chemical Works of Gedeon Richter's Days Payable distribution charts can be found below:

* The bar in red indicates where Chemical Works of Gedeon Richter's Days Payable falls into.

Chemical Works of Gedeon Richter 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.

Chemical Works of Gedeon Richter'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
=	( (46092	+	51301)	/	2 )	/	283834	*	365
=	48696.5					/	283834	*	365
=	62.62

Chemical Works of Gedeon Richter'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
=	( (39296	+	51301)	/	2 )	/	230309	*	365 / 4
=	45298.5					/	230309	*	365 / 4
=	17.95

Chemical Works of Gedeon Richter Days Payable Related Terms

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Chemical Works of Gedeon Richter (BUD:RICHTER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Chemical Works of Gedeon Richter PLC (BUD:RICHTER) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RGEDF:USA GEDSF:USA 0QFP:UK RIG2:Germany

Address

Gyomroi ut 19-21, Budapest, HUN, 1103

Website

https://www.richter.hu

Chemical Works of Gedeon Richter PLC is a pharmaceutical company. The company focuses on the development and manufacture of gynaecological, cardiovascular and central nervous system products. It manufactures medicines including original, generic and licenced products for treatment in the therapeutic area. The group is active in two business segments namely, the Pharmaceuticals segment comprising the research and development, manufacturing, sales and marketing of pharmaceutical products, and Wholesale and Retail segment for the products of the company. The company operates internationally and the majority of its revenue is generated from the Pharmaceuticals segment.

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