Revenio Group Oyj (Revenio Group Oyj) Days Payable : 137.64 (As of Mar. 2024)

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What is Revenio Group Oyj Days Payable?

Revenio Group Oyj's average Accounts Payable for the three months ended in Mar. 2024 was $11.5 Mil. Revenio Group Oyj's Cost of Goods Sold for the three months ended in Mar. 2024 was $7.6 Mil. Hence, Revenio Group Oyj's Days Payable for the three months ended in Mar. 2024 was 137.64.

The historical rank and industry rank for Revenio Group Oyj's Days Payable or its related term are showing as below:

REVXF' s Days Payable Range Over the Past 10 Years
Min: 27.27 Med: 64.78 Max: 177.61
Current: 177.61

During the past 13 years, Revenio Group Oyj's highest Days Payable was 177.61. The lowest was 27.27. And the median was 64.78.

REVXF's Days Payable is ranked better than
81.81% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs REVXF: 177.61

Revenio Group Oyj's Days Payable declined from Mar. 2023 (214.19) to Mar. 2024 (137.64). It may suggest that Revenio Group Oyj accelerated paying its suppliers.

Revenio Group Oyj Days Payable Historical Data

The historical data trend for Revenio Group Oyj'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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Revenio Group Oyj Days Payable Chart

Revenio Group Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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73.86

91.43

91.20

101.70

93.21

Revenio Group Oyj 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															214.19	251.76	172.34	100.47	137.64

Competitive Comparison of Revenio Group Oyj's Days Payable

For the Medical Devices subindustry, Revenio Group Oyj'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.

Revenio Group Oyj's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Revenio Group Oyj's Days Payable distribution charts can be found below:

* The bar in red indicates where Revenio Group Oyj's Days Payable falls into.

Revenio Group Oyj 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.

Revenio Group Oyj'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
=	( (8.374	+	7.411)	/	2 )	/	30.906	*	365
=	7.8925					/	30.906	*	365
=	93.21

Revenio Group Oyj'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
=	( (7.411	+	15.543)	/	2 )	/	7.609	*	365 / 4
=	11.477					/	7.609	*	365 / 4
=	137.64

Revenio Group Oyj Days Payable Related Terms

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Revenio Group Oyj (Revenio Group Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Revenio Group Oyj (OTCPK:REVXF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

REG1V:Finland

Address

Ayritie 22, Vantaa, FIN, 01510

Website

https://www.reveniogroup.fi

Revenio Group Oyj is a Finnish health technology company. It develops and commercializes effective and easy-to-use health tech-related screening devices for the detection of diseases of significance to public health. Its ophthalmic diagnostic solutions include intraocular pressure (IOP) measurement devices (tonometers), perimeter and fundus imaging devices under the iCare brand. Its eye care software platform Oculo offers clinical communication, telehealth, remote patient monitoring, and data analytics capabilities. The company's geographical segments include Finland, Other Europe, and Others.

Revenio Group Oyj (Revenio Group Oyj) Headlines

From GuruFocus

Q4 2023 Revenio Group Oyj Earnings Call Transcript

By GuruFocus Research • 02-28-2024