Aurinia Pharmaceuticals (LTS:0UJF) Days Payable : 58.63 (As of Mar. 2024)

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What is Aurinia Pharmaceuticals Days Payable?

Aurinia Pharmaceuticals's average Accounts Payable for the three months ended in Mar. 2024 was C$6.7 Mil. Aurinia Pharmaceuticals's Cost of Goods Sold for the three months ended in Mar. 2024 was C$10.5 Mil. Hence, Aurinia Pharmaceuticals's Days Payable for the three months ended in Mar. 2024 was 58.63.

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

LTS:0UJF' s Days Payable Range Over the Past 10 Years
Min: 92.92 Med: 6702.97 Max: 225478.75
Current: 92.92

During the past 13 years, Aurinia Pharmaceuticals's highest Days Payable was 225478.75. The lowest was 92.92. And the median was 6702.97.

LTS:0UJF's Days Payable is ranked worse than
60.47% of 721 companies
in the Biotechnology industry
Industry Median: 149.7 vs LTS:0UJF: 92.92

Aurinia Pharmaceuticals's Days Payable declined from Mar. 2023 (731.03) to Mar. 2024 (58.63). It may suggest that Aurinia Pharmaceuticals accelerated paying its suppliers.

Aurinia Pharmaceuticals Days Payable Historical Data

The historical data trend for Aurinia Pharmaceuticals'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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Aurinia Pharmaceuticals Days Payable Chart

Aurinia Pharmaceuticals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,090.29

217.22

96.14

Aurinia Pharmaceuticals 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															731.03	250.93	91.50	112.12	58.63

Competitive Comparison of Aurinia Pharmaceuticals's Days Payable

For the Biotechnology subindustry, Aurinia Pharmaceuticals'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.

Aurinia Pharmaceuticals's Days Payable Distribution in the Biotechnology Industry

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

* The bar in red indicates where Aurinia Pharmaceuticals's Days Payable falls into.

Aurinia Pharmaceuticals 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.

Aurinia Pharmaceuticals'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
=	( (4.194	+	5.805)	/	2 )	/	18.981	*	365
=	4.9995					/	18.981	*	365
=	96.14

Aurinia Pharmaceuticals'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
=	( (5.805	+	7.678)	/	2 )	/	10.493	*	365 / 4
=	6.7415					/	10.493	*	365 / 4
=	58.63

Aurinia Pharmaceuticals Days Payable Related Terms

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Aurinia Pharmaceuticals (LTS:0UJF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Aurinia Pharmaceuticals Inc (LTS:0UJF) » Definitions » Days Payable

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AUPH:USA IKAP:Germany

Address

4464 Markham Street, Suite 1203, Victoria, BC, CAN, V8Z 7X8

Website

https://www.auriniapharma.com

Aurinia Pharmaceuticals Inc is a biopharmaceutical company. It provides products for patients suffering from serious diseases with a high unmet medical need. The firm is developing LUPKYNIS (voclosporin), an investigational drug, for the treatment of lupus nephritis (LN), focal segmental glomerulosclerosis (FSGS), and Dry Eye Syndrome (DES). Geographically, it derives maximum revenue from the United States.

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