Legend Biotech (Legend Biotech) Days Payable : 51.65 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Legend Biotech Days Payable?

Legend Biotech's average Accounts Payable for the three months ended in Dec. 2023 was $18.4 Mil. Legend Biotech's Cost of Goods Sold for the three months ended in Dec. 2023 was $32.5 Mil. Hence, Legend Biotech's Days Payable for the three months ended in Dec. 2023 was 51.65.

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

LEGN' s Days Payable Range Over the Past 10 Years
Min: 60.63 Med: 86.51 Max: 108.15
Current: 60.63

During the past 6 years, Legend Biotech's highest Days Payable was 108.15. The lowest was 60.63. And the median was 86.51.

LEGN's Days Payable is ranked worse than
68.94% of 718 companies
in the Biotechnology industry
Industry Median: 152.29 vs LEGN: 60.63

Legend Biotech's Days Payable declined from Dec. 2022 (125.94) to Dec. 2023 (51.65). It may suggest that Legend Biotech accelerated paying its suppliers.

Legend Biotech Days Payable Historical Data

The historical data trend for Legend Biotech'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.

Legend Biotech Days Payable Chart

Legend Biotech Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

108.15

64.86

Legend Biotech Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															125.94	78.79	71.71	40.63	51.65

Competitive Comparison of Legend Biotech's Days Payable

For the Biotechnology subindustry, Legend Biotech'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.

Legend Biotech's Days Payable Distribution in the Biotechnology Industry

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

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

Legend Biotech 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.

Legend Biotech'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
=	( (31.693	+	19.56)	/	2 )	/	144.214	*	365
=	25.6265					/	144.214	*	365
=	64.86

Legend Biotech'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
=	( (17.173	+	19.56)	/	2 )	/	32.45	*	365 / 4
=	18.3665					/	32.45	*	365 / 4
=	51.65

Legend Biotech Days Payable Related Terms

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

Legend Biotech (Legend Biotech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Legend Biotech Corp (NAS:LEGN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

9LB:Germany

Address

2101 Cottontail Lane, Somerset, NJ, USA, 08873

Website

https://www.legendbiotech.com

Legend Biotech Corp is a clinical-stage biopharmaceutical company. It is engaged in the discovery and development of novel cell therapies for oncology and other indications. The firm's lead product candidate, LCAR-B38M/JNJ-4528, is a chimeric antigen receptor, or CAR, T cell therapy is for the treatment of multiple myeloma. Geographically, the company generates a majority of its revenue from the United States of America.