ViroGates A/S (OCSE:VIRO) Days Payable : 336.24 (As of Mar. 2024)

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What is ViroGates A/S Days Payable?

ViroGates A/S's average Accounts Payable for the three months ended in Mar. 2024 was kr1.22 Mil. ViroGates A/S's Cost of Goods Sold for the three months ended in Mar. 2024 was kr0.33 Mil. Hence, ViroGates A/S's Days Payable for the three months ended in Mar. 2024 was 336.24.

The historical rank and industry rank for ViroGates A/S's Days Payable or its related term are showing as below:

OCSE:VIRO' s Days Payable Range Over the Past 10 Years
Min: 68.52 Med: 497.66 Max: 1390.28
Current: 236.71

During the past 8 years, ViroGates A/S's highest Days Payable was 1390.28. The lowest was 68.52. And the median was 497.66.

OCSE:VIRO's Days Payable is ranked better than
85.04% of 789 companies
in the Medical Devices & Instruments industry
Industry Median: 72.79 vs OCSE:VIRO: 236.71

ViroGates A/S's Days Payable increased from Mar. 2023 (236.80) to Mar. 2024 (336.24). It may suggest that ViroGates A/S delayed paying its suppliers.

ViroGates A/S Days Payable Historical Data

The historical data trend for ViroGates A/S'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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ViroGates A/S Days Payable Chart

ViroGates A/S Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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601.20

718.24

394.11

68.52

329.33

ViroGates A/S 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															236.80	129.54	144.68	451.16	336.24

Competitive Comparison of ViroGates A/S's Days Payable

For the Medical Devices subindustry, ViroGates A/S'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.

ViroGates A/S's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ViroGates A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where ViroGates A/S's Days Payable falls into.

ViroGates A/S 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.

ViroGates A/S'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
=	( (0.574	+	1.559)	/	2 )	/	1.182	*	365
=	1.0665					/	1.182	*	365
=	329.33

ViroGates A/S'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
=	( (1.559	+	0.873)	/	2 )	/	0.33	*	365 / 4
=	1.216					/	0.33	*	365 / 4
=	336.24

ViroGates A/S Days Payable Related Terms

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ViroGates A/S (OCSE:VIRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ViroGates A/S (OCSE:VIRO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Banevaenget 13, Birkerod, DNK, DK-3460

Website

https://www.virogates.com

ViroGates A/S is a life science company that develops and sells prognostic products to the healthcare sector. The products are used in hospital emergency services, in particular, to make a clinical decision on hospitalization or discharge of emergency patients. The products can also be used for the prognosis of lifestyle-related diseases such as cardiovascular disease, type 2 diabetes, and cancer. It has developed a product line called suPARnostic to make the suPAR test available as a commercially available test and the ambition is to get the test implemented and used for clinical decision-making.

ViroGates A/S (OCSE:VIRO) Headlines

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