Coegin Pharma (NGM:COEGIN) Days Payable : 27,146.88 (As of Dec. 2023)

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What is Coegin Pharma Days Payable?

Coegin Pharma's average Accounts Payable for the three months ended in Dec. 2023 was kr1.49 Mil. Coegin Pharma's Cost of Goods Sold for the three months ended in Dec. 2023 was kr0.01 Mil. Hence, Coegin Pharma's Days Payable for the three months ended in Dec. 2023 was 27,146.88.

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

NGM:COEGIN' s Days Payable Range Over the Past 10 Years
Min: 12.42 Med: 20301.29 Max: 40590.15
Current: 32158.65

During the past 7 years, Coegin Pharma's highest Days Payable was 40590.15. The lowest was 12.42. And the median was 20301.29.

NGM:COEGIN's Days Payable is ranked better than
97.51% of 723 companies
in the Biotechnology industry
Industry Median: 149.7 vs NGM:COEGIN: 32158.65

Coegin Pharma's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (27,146.88). It may suggest that Coegin Pharma delayed paying its suppliers.

Coegin Pharma Days Payable Historical Data

The historical data trend for Coegin Pharma'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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Coegin Pharma Days Payable Chart

Coegin Pharma Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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40,590.15

Coegin Pharma Quarterly Data
	Dec18	Mar19	Jun19	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															-	48,864.38	22,976.75	28,412.97	27,146.88

Competitive Comparison of Coegin Pharma's Days Payable

For the Biotechnology subindustry, Coegin Pharma'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.

Coegin Pharma's Days Payable Distribution in the Biotechnology Industry

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

* The bar in red indicates where Coegin Pharma's Days Payable falls into.

Coegin Pharma 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.

Coegin Pharma'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
=	( (1.996	+	1.785)	/	2 )	/	0.017	*	365
=	1.8905					/	0.017	*	365
=	40,590.15

Coegin Pharma'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
=	( (1.19	+	1.785)	/	2 )	/	0.005	*	365 / 4
=	1.4875					/	0.005	*	365 / 4
=	27,146.88

Coegin Pharma Days Payable Related Terms

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Coegin Pharma (NGM:COEGIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Coegin Pharma (NGM:COEGIN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Birger Jarlsgatan 18 A, 4th Floor, Stockholm, SWE, 114 34

Website

https://www.coeginpharma.com

Coegin Pharma AB is a biotechnology company that focuses on the development of small molecule therapies for the treatment of inflammatory diseases such as cancer and kidney disease.

Coegin Pharma (NGM:COEGIN) Headlines

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