MedNation AG (FRA:EIF) Days Payable : 56.22 (As of Jun. 2023)

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What is MedNation AG Days Payable?

MedNation AG's average Accounts Payable for the six months ended in Jun. 2023 was €1.01 Mil. MedNation AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €3.27 Mil. Hence, MedNation AG's Days Payable for the six months ended in Jun. 2023 was 56.22.

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

FRA:EIF' s Days Payable Range Over the Past 10 Years
Min: 45.15 Med: 73.42 Max: 109.74
Current: 51.39

During the past 13 years, MedNation AG's highest Days Payable was 109.74. The lowest was 45.15. And the median was 73.42.

FRA:EIF's Days Payable is ranked worse than
57.02% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.58 vs FRA:EIF: 51.39

MedNation AG's Days Payable increased from Jun. 2022 (50.55) to Jun. 2023 (56.22). It may suggest that MedNation AG delayed paying its suppliers.

MedNation AG Days Payable Historical Data

The historical data trend for MedNation AG'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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MedNation AG Days Payable Chart

MedNation AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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78.66

55.37

56.87

57.98

45.15

MedNation AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															79.88	58.58	50.55	46.27	56.22

Competitive Comparison of MedNation AG's Days Payable

For the Medical Care Facilities subindustry, MedNation AG'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.

MedNation AG's Days Payable Distribution in the Healthcare Providers & Services Industry

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

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

MedNation AG 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.

MedNation AG's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1.003	+	0.989)	/	2 )	/	8.052	*	365
=	0.996					/	8.052	*	365
=	45.15

MedNation AG's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.989	+	1.027)	/	2 )	/	3.272	*	365 / 2
=	1.008					/	3.272	*	365 / 2
=	56.22

MedNation AG Days Payable Related Terms

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MedNation AG (FRA:EIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MedNation AG (FRA:EIF) » Definitions » Days Payable

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EIF:Germany

Address

Graurheindorfer Strabe 137, Bonn, NW, DEU, 53117

Website

https://www.mednation.de

MedNation AG operates rehabilitation hospitals. It has been operating facilities for rehabilitation, geriatric care and outpatient medical care at several locations for decades. The business purpose of MedNation AG also includes the development of independent outpatient centers as central, multidisciplinary medical centers to support freelance KV outpatient, specialist and medical-related care, especially in rural regions of Germany.

MedNation AG (FRA:EIF) Headlines

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