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Faes Farma (XMAD:FAE) Days Payable : 138.46 (As of Jun. 2023)


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What is Faes Farma Days Payable?

Faes Farma's average Accounts Payable for the three months ended in Jun. 2023 was €59.1 Mil. Faes Farma's Cost of Goods Sold for the three months ended in Jun. 2023 was €38.9 Mil. Hence, Faes Farma's Days Payable for the three months ended in Jun. 2023 was 138.46.

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

XMAD:FAE' s Days Payable Range Over the Past 10 Years
Min: 85.34   Med: 95.41   Max: 104.5
Current: 103.43

During the past 13 years, Faes Farma's highest Days Payable was 104.50. The lowest was 85.34. And the median was 95.41.

XMAD:FAE's Days Payable is ranked better than
59.34% of 974 companies
in the Drug Manufacturers industry
Industry Median: 87.51 vs XMAD:FAE: 103.43

Faes Farma's Days Payable increased from Jun. 2022 (48.46) to Jun. 2023 (138.46). It may suggest that Faes Farma delayed paying its suppliers.


Faes Farma Days Payable Historical Data

The historical data trend for Faes Farma'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.

* Premium members only.

Faes Farma Days Payable Chart

Faes Farma Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.85 101.59 99.76 86.77 85.34

Faes Farma Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.60 89.36 85.29 138.46 -

Competitive Comparison of Faes Farma's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Faes Farma'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.


Faes Farma's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Faes Farma's Days Payable distribution charts can be found below:

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



Faes Farma 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.

Faes Farma'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
=( (36.594 + 35.439) / 2 ) / 154.05*365
=36.0165 / 154.05*365
=85.34

Faes Farma's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0 + 59.079) / 1 ) / 38.934*365 / 4
=59.079 / 38.934*365 / 4
=138.46

* 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.


Faes Farma Days Payable Related Terms

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Faes Farma (XMAD:FAE) Business Description

Traded in Other Exchanges
Address
Maximo Aguirre, 14, Leioa, Vizcaya, ESP, 48940
Faes Farma SA is a pharmaceutical company that specializes in the research, production, distribution, and sale of prescription and generic drugs, over-the-counter medicines, food supplements and personal care treatments, as well as raw materials for the pharmaceutical use. The company develops new drugs for the treatment of allergy, venous insufficiency, and irritable bowel syndrome. It also provides animal nutrition products. Faes Farma exports its products to more than 60 countries and has operations in Spain, Portugal, Chile, and Mexico, among others.

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