GSK (GSK) Days Payable

: 357.60 (As of Dec. 2023)

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GSK's average Accounts Payable for the three months ended in Dec. 2023 was $11,995 Mil. GSK's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,061 Mil. Hence, GSK's Days Payable for the three months ended in Dec. 2023 was 357.60.

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

GSK' s Days Payable Range Over the Past 10 Years
Min: 119.83 Med: 134.86 Max: 437.95
Current: 437.95

During the past 13 years, GSK's highest Days Payable was 437.95. The lowest was 119.83. And the median was 134.86.

GSK's Days Payable is ranked better than
92.85% of 979 companies
in the Drug Manufacturers industry
Industry Median: 87.01 vs GSK: 437.95

GSK's Days Payable declined from Dec. 2022 (384.28) to Dec. 2023 (357.60). It may suggest that GSK accelerated paying its suppliers.

GSK Days Payable Historical Data

The historical data trend for GSK'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.

GSK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

117.91

193.29

199.85

168.42

158.47

GSK Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																384.28	426.15	653.32	598.72	357.60

Competitive Comparison

For the Drug Manufacturers - General subindustry, GSK'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.

GSK Days Payable Distribution

For the Drug Manufacturers industry and Healthcare sector, GSK's Days Payable distribution charts can be found below:

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

GSK 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.

GSK'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
=	( (4708.892	+	4705.063)	/	2 )	/	10841.772	*	365
=	4706.9775					/	10841.772	*	365
=	158.47

GSK'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
=	( (19284.653	+	4705.063)	/	2 )	/	3060.759	*	365 / 4
=	11994.858					/	3060.759	*	365 / 4
=	357.60

GSK Days Payable Related Terms

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GSK (GSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » GSK PLC (NYSE:GSK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GLAXF:USA GSK N:Mexico GSKl:UK GSK:UK GS71:Germany GS70:Germany GS71:Germany GS70:Germany GS71:Germany G1SK34:Brazil GSK:Argentina

Address

980 Great West Road, Brentford, Middlesex, GBR, TW8 9GS

Website

https://www.gsk.com

In the pharmaceutical industry, GSK ranks as one of the largest companies by total sales. The company wields its might across several therapeutic classes, including respiratory, cancer, and antiviral, as well as vaccines. GSK uses joint ventures to gain additional scale in certain markets like HIV.