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Siegfried Holding AG (XSWX:SFZN) Days Payable : 35.31 (As of Dec. 2023)


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What is Siegfried Holding AG Days Payable?

Siegfried Holding AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF95 Mil. Siegfried Holding AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF492 Mil. Hence, Siegfried Holding AG's Days Payable for the six months ended in Dec. 2023 was 35.31.

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

XSWX:SFZN' s Days Payable Range Over the Past 10 Years
Min: 36   Med: 40.61   Max: 56.38
Current: 38.93

During the past 13 years, Siegfried Holding AG's highest Days Payable was 56.38. The lowest was 36.00. And the median was 40.61.

XSWX:SFZN's Days Payable is ranked worse than
83.59% of 975 companies
in the Drug Manufacturers industry
Industry Median: 87.75 vs XSWX:SFZN: 38.93

Siegfried Holding AG's Days Payable declined from Dec. 2022 (48.25) to Dec. 2023 (35.31). It may suggest that Siegfried Holding AG accelerated paying its suppliers.


Siegfried Holding AG Days Payable Historical Data

The historical data trend for Siegfried Holding AG'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.

Siegfried Holding AG Days Payable Chart

Siegfried Holding AG 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 40.95 40.35 39.95 46.90 40.86

Siegfried Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 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 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 40.10 55.09 48.25 40.82 35.31

Competitive Comparison of Siegfried Holding AG's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Siegfried Holding AG'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.


Siegfried Holding AG's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Siegfried Holding AG's Days Payable falls into.



Siegfried Holding AG 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.

Siegfried Holding AG'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
=( (114.065 + 98.848) / 2 ) / 951.086*365
=106.4565 / 951.086*365
=40.86

Siegfried Holding AG'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
=( (91.411 + 98.848) / 2 ) / 491.719*365 / 2
=95.1295 / 491.719*365 / 2
=35.31

* 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.


Siegfried Holding AG Days Payable Related Terms

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Siegfried Holding AG (XSWX:SFZN) Business Description

Traded in Other Exchanges
Address
Untere Bruehlstrasse 4, Zofingen, CHE, CH-4800
Siegfried Holding AG is a biotechnology company that focuses on primary and secondary drug manufacturing. The company develops and manufactures active pharmaceutical ingredients for pharmaceutical clients with research and development programs, related intermediates, and controlled substances. Siegfried also offers the development and production of finished dosage forms, including sterile fillings. The company broadly offers complex oral and sterile formulations of drug products available for custom development and manufacturing, as well as licensing.

Siegfried Holding AG (XSWX:SFZN) Headlines

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