Galenica (XSWX:GALE) Days Payable : 49.87 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Galenica Days Payable?

Galenica's average Accounts Payable for the six months ended in Dec. 2023 was CHF373 Mil. Galenica's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF1,365 Mil. Hence, Galenica's Days Payable for the six months ended in Dec. 2023 was 49.87.

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

XSWX:GALE' s Days Payable Range Over the Past 10 Years
Min: 39.84 Med: 44.68 Max: 50.68
Current: 48.1

During the past 11 years, Galenica's highest Days Payable was 50.68. The lowest was 39.84. And the median was 44.68.

XSWX:GALE's Days Payable is ranked worse than
75.79% of 95 companies
in the Medical Distribution industry
Industry Median: 74.64 vs XSWX:GALE: 48.10

Galenica's Days Payable increased from Dec. 2022 (45.30) to Dec. 2023 (49.87). It may suggest that Galenica delayed paying its suppliers.

Galenica Days Payable Historical Data

The historical data trend for Galenica'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.

Galenica Days Payable Chart

Galenica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

41.80

40.90

39.84

46.24

47.79

Galenica Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial													43.72	48.06	45.30	46.63	49.87

Competitive Comparison of Galenica's Days Payable

For the Medical Distribution subindustry, Galenica'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.

Galenica's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Galenica's Days Payable distribution charts can be found below:

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

Galenica 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.

Galenica'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
=	( (323.345	+	384.774)	/	2 )	/	2704.432	*	365
=	354.0595					/	2704.432	*	365
=	47.79

Galenica'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (361.16	+	384.774)	/	2 )	/	1364.983	*	365 / 2
=	372.967					/	1364.983	*	365 / 2
=	49.87

Galenica Days Payable Related Terms

Thank you for viewing the detailed overview of Galenica's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Galenica (XSWX:GALE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Galenica Ltd. (XSWX:GALE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GALEz:UK

Address

Untermattweg 8, Bern, CHE, 3027

Website

https://www.galenica.com

Galenica Ltd is an integrated healthcare service provider in Switzerland. The business is primarily operated from two segments Products & Care and Logistics & IT. The Products & Care segment comprises the Retail business area with offerings for patients and end customers and the Professionals business area with offerings for business customers and partners in the healthcare sector. The Logistics & IT segment comprises the two sectors Wholesale and Logistics & IT Services. These provide services for all those involved in the healthcare sector - pharmacies, drugstores, doctors, hospitals and care homes, partners and suppliers.

Galenica (XSWX:GALE) Headlines

No Headlines