Inspire Medical Systems (STU:2DR) Days Payable : 152.07 (As of Mar. 2024)

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What is Inspire Medical Systems Days Payable?

Inspire Medical Systems's average Accounts Payable for the three months ended in Mar. 2024 was €38.0 Mil. Inspire Medical Systems's Cost of Goods Sold for the three months ended in Mar. 2024 was €22.8 Mil. Hence, Inspire Medical Systems's Days Payable for the three months ended in Mar. 2024 was 152.07.

The historical rank and industry rank for Inspire Medical Systems's Days Payable or its related term are showing as below:

STU:2DR' s Days Payable Range Over the Past 10 Years
Min: 103.5 Med: 113.14 Max: 143.28
Current: 143.28

During the past 9 years, Inspire Medical Systems's highest Days Payable was 143.28. The lowest was 103.50. And the median was 113.14.

STU:2DR's Days Payable is ranked better than
75.44% of 790 companies
in the Medical Devices & Instruments industry
Industry Median: 72.905 vs STU:2DR: 143.28

Inspire Medical Systems's Days Payable increased from Mar. 2023 (145.93) to Mar. 2024 (152.07). It may suggest that Inspire Medical Systems delayed paying its suppliers.

Inspire Medical Systems Days Payable Historical Data

The historical data trend for Inspire Medical Systems'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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Inspire Medical Systems Days Payable Chart

Inspire Medical Systems Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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104.44

125.22

100.69

104.30

125.62

Inspire Medical Systems 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															145.93	144.62	148.57	129.69	152.07

Competitive Comparison of Inspire Medical Systems's Days Payable

For the Medical Devices subindustry, Inspire Medical Systems'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.

Inspire Medical Systems's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Inspire Medical Systems's Days Payable falls into.

Inspire Medical Systems 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.

Inspire Medical Systems'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
=	( (25.344	+	35.615)	/	2 )	/	88.561	*	365
=	30.4795					/	88.561	*	365
=	125.62

Inspire Medical Systems'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
=	( (35.615	+	40.298)	/	2 )	/	22.776	*	365 / 4
=	37.9565					/	22.776	*	365 / 4
=	152.07

Inspire Medical Systems Days Payable Related Terms

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Inspire Medical Systems (STU:2DR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Inspire Medical Systems Inc (STU:2DR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

INSP:USA 2DR:Germany

Address

5500 Wayzata Boulevard, Suite 1600, Golden Valley, MN, USA, 55416

Website

https://www.inspiresleep.com

Inspire Medical Systems Inc operates as a medical technology company. It focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA). It offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe obstructive sleep apnea. The firm has operating footprints in the United States and Europe wherein, it generates a majority of its revenue from the United States.

Inspire Medical Systems (STU:2DR) Headlines

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