Cyclopharm (ASX:CYC) Days Payable : 198.28 (As of Dec. 2023)

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What is Cyclopharm Days Payable?

Cyclopharm's average Accounts Payable for the six months ended in Dec. 2023 was A$5.28 Mil. Cyclopharm's Cost of Goods Sold for the six months ended in Dec. 2023 was A$4.86 Mil. Hence, Cyclopharm's Days Payable for the six months ended in Dec. 2023 was 198.28.

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

ASX:CYC' s Days Payable Range Over the Past 10 Years
Min: 108 Med: 179.62 Max: 241.77
Current: 177.39

During the past 13 years, Cyclopharm's highest Days Payable was 241.77. The lowest was 108.00. And the median was 179.62.

ASX:CYC's Days Payable is ranked better than
81.24% of 789 companies
in the Medical Devices & Instruments industry
Industry Median: 72.79 vs ASX:CYC: 177.39

Cyclopharm's Days Payable declined from Dec. 2022 (219.73) to Dec. 2023 (198.28). It may suggest that Cyclopharm accelerated paying its suppliers.

Cyclopharm Days Payable Historical Data

The historical data trend for Cyclopharm'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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Cyclopharm Days Payable Chart

Cyclopharm Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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236.77

216.67

197.99

161.24

134.31

Cyclopharm 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															163.26	199.07	219.73	199.52	198.28

Competitive Comparison of Cyclopharm's Days Payable

For the Medical Devices subindustry, Cyclopharm'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.

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

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

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

Cyclopharm 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.

Cyclopharm'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
=	( (4.4	+	3.147)	/	2 )	/	10.255	*	365
=	3.7735					/	10.255	*	365
=	134.31

Cyclopharm'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
=	( (7.405	+	3.147)	/	2 )	/	4.856	*	365 / 2
=	5.276					/	4.856	*	365 / 2
=	198.28

Cyclopharm Days Payable Related Terms

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

Cyclopharm (ASX:CYC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Cyclopharm Ltd (ASX:CYC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 4, 1 The Crescent, Kingsgrove, Sydney, NSW, AUS, 2208

Website

https://cyclopharm.com.au

Cyclopharm Ltd is a company that engages in the manufacture and sale of medical equipment and radiopharmaceuticals, including associated research and development. It operates through the following segments. The Technegas segment involves supplying diagnostic equipment and consumables used by physicians in the detection of pulmonary embolism, and a distributor of products to the diagnostic imaging sector. The Molecular Imaging segment offers to produce radiopharmaceuticals to be used by physicians in the detection of cancer, neurological disorders, and cardiac disease. The firm generates maximum revenue from the Technegas segment.

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