Audientes AS (XSAT:AUDNTS) Days Payable : 1,492.13 (As of Dec. 2023)

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What is Audientes AS Days Payable?

Audientes AS's average Accounts Payable for the three months ended in Dec. 2023 was kr2.76 Mil. Audientes AS's Cost of Goods Sold for the three months ended in Dec. 2023 was kr0.17 Mil. Hence, Audientes AS's Days Payable for the three months ended in Dec. 2023 was 1,492.13.

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

XSAT:AUDNTS' s Days Payable Range Over the Past 10 Years
Min: 29.37 Med: 252.61 Max: 1509.49
Current: 303.84

During the past 6 years, Audientes AS's highest Days Payable was 1509.49. The lowest was 29.37. And the median was 252.61.

XSAT:AUDNTS's Days Payable is ranked better than
87.59% of 790 companies
in the Medical Devices & Instruments industry
Industry Median: 72.905 vs XSAT:AUDNTS: 303.84

Audientes AS's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (1,492.13). It may suggest that Audientes AS delayed paying its suppliers.

Audientes AS Days Payable Historical Data

The historical data trend for Audientes AS'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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Audientes AS Days Payable Chart

Audientes AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,509.49

29.37

71.92

220.76

284.46

Audientes AS Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial													-	351.93	198.21	199.10	1,492.13

Competitive Comparison of Audientes AS's Days Payable

For the Medical Instruments & Supplies subindustry, Audientes AS'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.

Audientes AS's Days Payable Distribution in the Medical Devices & Instruments Industry

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

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

Audientes AS 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.

Audientes AS'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
=	( (4.752	+	2.329)	/	2 )	/	4.543	*	365
=	3.5405					/	4.543	*	365
=	284.46

Audientes AS's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3.198	+	2.329)	/	2 )	/	0.169	*	365 / 4
=	2.7635					/	0.169	*	365 / 4
=	1,492.13

Audientes AS Days Payable Related Terms

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Audientes AS (XSAT:AUDNTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Audientes AS (XSAT:AUDNTS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Teknikerbyen 5, Virum, DNK, 2830

Website

https://www.audientes.com

Audientes AS is a technology company specializing in smart, self-fitting, and affordable hearing aids. Audientes' hearing aid solution ''Ven'', is available for purchase in the Indian market, online, and in retail, and will be introduced to the U.S over-the-counter market and other markets. The company's mission is to help the approximately 500 million people globally suffering from disabling hearing loss who either cannot afford to buy one of the very expensive hearing aids on the market.

Audientes AS (XSAT:AUDNTS) Headlines

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