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Volpara Health Technologies (ASX:VHT) Days Payable : 350.33 (As of Sep. 2023)


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What is Volpara Health Technologies Days Payable?

Volpara Health Technologies's average Accounts Payable for the six months ended in Sep. 2023 was A$2.99 Mil. Volpara Health Technologies's Cost of Goods Sold for the six months ended in Sep. 2023 was A$1.56 Mil. Hence, Volpara Health Technologies's Days Payable for the six months ended in Sep. 2023 was 350.33.

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

ASX:VHT' s Days Payable Range Over the Past 10 Years
Min: 145.51   Med: 176.84   Max: 420.38
Current: 420.38

During the past 7 years, Volpara Health Technologies's highest Days Payable was 420.38. The lowest was 145.51. And the median was 176.84.

ASX:VHT's Days Payable is ranked better than
90.51% of 590 companies
in the Healthcare Providers & Services industry
Industry Median: 61.875 vs ASX:VHT: 420.38

Volpara Health Technologies's Days Payable declined from Sep. 2022 (370.25) to Sep. 2023 (350.33). It may suggest that Volpara Health Technologies accelerated paying its suppliers.


Volpara Health Technologies Days Payable Historical Data

The historical data trend for Volpara Health Technologies'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.

Volpara Health Technologies Days Payable Chart

Volpara Health Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial 186.22 145.51 203.07 176.84 162.44

Volpara Health Technologies Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 755.48 708.06 370.25 345.25 350.33

Competitive Comparison of Volpara Health Technologies's Days Payable

For the Health Information Services subindustry, Volpara Health Technologies'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.


Volpara Health Technologies's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Volpara Health Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Volpara Health Technologies's Days Payable falls into.



Volpara Health Technologies 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.

Volpara Health Technologies's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1.192 + 1.01) / 2 ) / 2.474*365
=1.101 / 2.474*365
=162.44

Volpara Health Technologies's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1.01 + 4.96) / 2 ) / 1.555*365 / 2
=2.985 / 1.555*365 / 2
=350.33

* 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.


Volpara Health Technologies Days Payable Related Terms

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Volpara Health Technologies (ASX:VHT) Business Description

Traded in Other Exchanges
Address
40 Mercer Street, Level 14–15, Wellington Central, Wellington, NZL, 6011
Volpara Health Technologies Ltd is a New Zealand-based research, development, and manufacturing company. The business of the company operates through three product categories that include Capital Sales, Software Maintenance Agreements, and Software as a Service. It offers a breast imaging analytics platform that delivers real-time quality assurance and performance monitoring. It operates through the sale of a single suite of medical device software products.

Volpara Health Technologies (ASX:VHT) Headlines

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