The Cooper (STU:CP60) Days Payable : 70.03 (As of Jan. 2024)

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What is The Cooper Days Payable?

The Cooper's average Accounts Payable for the three months ended in Jan. 2024 was €217 Mil. The Cooper's Cost of Goods Sold for the three months ended in Jan. 2024 was €283 Mil. Hence, The Cooper's Days Payable for the three months ended in Jan. 2024 was 70.03.

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

STU:CP60' s Days Payable Range Over the Past 10 Years
Min: 51.58 Med: 62.03 Max: 75.45
Current: 67.97

During the past 13 years, The Cooper's highest Days Payable was 75.45. The lowest was 51.58. And the median was 62.03.

STU:CP60's Days Payable is ranked worse than
53.54% of 790 companies
in the Medical Devices & Instruments industry
Industry Median: 72.585 vs STU:CP60: 67.97

The Cooper's Days Payable declined from Jan. 2023 (75.47) to Jan. 2024 (70.03). It may suggest that The Cooper accelerated paying its suppliers.

The Cooper Days Payable Historical Data

The historical data trend for The Cooper'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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The Cooper Days Payable Chart

The Cooper Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

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59.23

68.36

63.23

60.25

78.09

The Cooper Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															75.47	72.88	67.15	68.07	70.03

Competitive Comparison of The Cooper's Days Payable

For the Medical Instruments & Supplies subindustry, The Cooper'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.

The Cooper's Days Payable Distribution in the Medical Devices & Instruments Industry

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

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

The Cooper 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.

The Cooper's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (252.532	+	248.019)	/	2 )	/	1169.829	*	365
=	250.2755					/	1169.829	*	365
=	78.09

The Cooper's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (248.019	+	185.711)	/	2 )	/	282.561	*	365 / 4
=	216.865					/	282.561	*	365 / 4
=	70.03

The Cooper Days Payable Related Terms

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The Cooper (STU:CP60) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » The Cooper Companies Inc (STU:CP60) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

COO:USA COO:Mexico C1OO34:Brazil

Address

6101 Bollinger Canyon Road, Suite 500, San Ramon, CA, USA, 94583

Website

https://www.coopercos.com

The Cooper Companies is one of the largest eye care companies in the U.S. It operates in two segments: CooperVision and CooperSurgical. CooperVision is a pure-play contact lens business and is composed of a suite of spherical, multifocal, and toric contact lenses. The company also has one of the most comprehensive specialty lens portfolios in the world. With brands including Proclear, Biofinity, MyDay, and clariti, Cooper controls roughly a quarter of the U.S. contact lens market. CooperSurgical, founded in 1990, is made up of equipment related to reproductive care, fertility, and women's care. Cooper has the broadest medical device coverage of the entire IVF cycle. It also has Paragard, the only hormone-free IUD in the U.S., and controls 17% of the U.S. IUD market.

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