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Fractyl Health (Fractyl Health) Days Payable : 29,633.44 (As of Dec. 2023)


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What is Fractyl Health Days Payable?

Fractyl Health's average Accounts Payable for the three months ended in Dec. 2023 was $0.65 Mil. Fractyl Health's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil. Hence, Fractyl Health's Days Payable for the three months ended in Dec. 2023 was 29,633.44.

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

GUTS' s Days Payable Range Over the Past 10 Years
Min: 3633.41   Med: 3633.41   Max: 9547.45
Current: 9547.45

During the past 5 years, Fractyl Health's highest Days Payable was 9547.45. The lowest was 3633.41. And the median was 3633.41.

GUTS's Days Payable is ranked better than
95.12% of 717 companies
in the Biotechnology industry
Industry Median: 147.46 vs GUTS: 9547.45

Fractyl Health's Days Payable increased from Sep. 2022 (0.00) to Dec. 2023 (29,633.44). It may suggest that Fractyl Health delayed paying its suppliers.


Fractyl Health Days Payable Historical Data

The historical data trend for Fractyl Health'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.

Fractyl Health Days Payable Chart

Fractyl Health Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
- - - - 3,633.41

Fractyl Health Quarterly Data
Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 2,357.90 29,633.44

Competitive Comparison of Fractyl Health's Days Payable

For the Biotechnology subindustry, Fractyl Health'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.


Fractyl Health's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Fractyl Health's Days Payable distribution charts can be found below:

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



Fractyl Health 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.

Fractyl Health'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
=( (0.98 + 0.553) / 2 ) / 0.077*365
=0.7665 / 0.077*365
=3,633.41

Fractyl Health'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
=( (0.746 + 0.553) / 2 ) / 0.002*365 / 4
=0.6495 / 0.002*365 / 4
=29,633.44

* 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.


Fractyl Health Days Payable Related Terms

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Fractyl Health (Fractyl Health) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
17 Hartwell Avenue, Lexington, MA, USA, 02421
Fractyl Health Inc is a metabolic therapeutics company focused on pioneering new approaches to the treatment of metabolic diseases, including type 2 diabetes and obesity.