Lantheus Holdings (FRA:0L8) Days Payable : 27.98 (As of Mar. 2024)

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What is Lantheus Holdings Days Payable?

Lantheus Holdings's average Accounts Payable for the three months ended in Mar. 2024 was €36 Mil. Lantheus Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €118 Mil. Hence, Lantheus Holdings's Days Payable for the three months ended in Mar. 2024 was 27.98.

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

FRA:0L8' s Days Payable Range Over the Past 10 Years
Min: 19.2 Med: 32.89 Max: 39.26
Current: 27.55

During the past 13 years, Lantheus Holdings's highest Days Payable was 39.26. The lowest was 19.20. And the median was 32.89.

FRA:0L8's Days Payable is ranked worse than
91.49% of 975 companies
in the Drug Manufacturers industry
Industry Median: 87.75 vs FRA:0L8: 27.55

Lantheus Holdings's Days Payable increased from Mar. 2023 (10.52) to Mar. 2024 (27.98). It may suggest that Lantheus Holdings delayed paying its suppliers.

Lantheus Holdings Days Payable Historical Data

The historical data trend for Lantheus Holdings'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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Lantheus Holdings Days Payable Chart

Lantheus Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

38.23

33.34

27.59

20.68

19.39

Lantheus Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															10.52	26.84	28.65	29.06	27.98

Competitive Comparison of Lantheus Holdings's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Lantheus Holdings'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.

Lantheus Holdings's Days Payable Distribution in the Drug Manufacturers Industry

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

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

Lantheus Holdings 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.

Lantheus Holdings'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
=	( (19.411	+	37.77)	/	2 )	/	538.174	*	365
=	28.5905					/	538.174	*	365
=	19.39

Lantheus Holdings's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (37.77	+	34.523)	/	2 )	/	117.879	*	365 / 4
=	36.1465					/	117.879	*	365 / 4
=	27.98

Lantheus Holdings Days Payable Related Terms

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Lantheus Holdings (FRA:0L8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lantheus Holdings Inc (FRA:0L8) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LNTH:USA 0L8:Germany

Address

201 Burlington Road, South Building, Bedford, MA, USA, 01730

Website

https://www.lantheus.com

Lantheus Holdings Inc caters to the United States healthcare sector with the development of diagnostic products. Its products are in three categories: Precision Diagnostics, Radiopharmaceutical Oncology, and Strategic Partnerships and Other Revenue. Precision Diagnostic products assist healthcare professionals Find and Follow diseases, with a focus in cardiology. Radiopharmaceutical Oncology diagnostics and therapeutics help HCPs Find, Fight and Follow cancer. Strategic Partnerships focus on enabling precision medicine through the use of biomarkers, digital solutions and pharma services platforms, and also includes license of RELISTOR to Bausch Health Companies, Inc.

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