Stryker (FRA:SYK) Days Payable : 61.38 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Stryker Days Payable?

Stryker's average Accounts Payable for the three months ended in Dec. 2023 was €1,303 Mil. Stryker's Cost of Goods Sold for the three months ended in Dec. 2023 was €1,937 Mil. Hence, Stryker's Days Payable for the three months ended in Dec. 2023 was 61.38.

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

FRA:SYK' s Days Payable Range Over the Past 10 Years
Min: 35.36 Med: 45.41 Max: 71.87
Current: 67.88

During the past 13 years, Stryker's highest Days Payable was 71.87. The lowest was 35.36. And the median was 45.41.

FRA:SYK's Days Payable is ranked worse than
53.44% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.685 vs FRA:SYK: 67.88

Stryker's Days Payable declined from Dec. 2022 (62.91) to Dec. 2023 (61.38). It may suggest that Stryker accelerated paying its suppliers.

Stryker Days Payable Historical Data

The historical data trend for Stryker'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.

Stryker Days Payable Chart

Stryker Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

45.94

53.40

55.92

65.64

72.89

Stryker 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															62.91	72.35	68.08	67.80	61.38

Competitive Comparison of Stryker's Days Payable

For the Medical Devices subindustry, Stryker'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.

Stryker's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Stryker's Days Payable distribution charts can be found below:

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

Stryker 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.

Stryker'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
=	( (1333.872	+	1391.089)	/	2 )	/	6822.48	*	365
=	1362.4805					/	6822.48	*	365
=	72.89

Stryker'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
=	( (1214.352	+	1391.089)	/	2 )	/	1936.704	*	365 / 4
=	1302.7205					/	1936.704	*	365 / 4
=	61.38

Stryker Days Payable Related Terms

Thank you for viewing the detailed overview of Stryker's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Stryker (FRA:SYK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Stryker Corp (FRA:SYK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SYK:USA SYK:Mexico 1SYK:Italy S1YK34:Brazil SYK:Austria

Address

2825 Airview Boulevard, Kalamazoo, MI, USA, 49002

Website

https://www.stryker.com

Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. The product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils, hospital beds and gurneys, and spinal devices. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. Just over one fourth of Stryker's total revenue currently comes from outside the United States.