Bachem Holding AG (Bachem Holding AG) Days Payable : 23.73 (As of Dec. 2023)

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What is Bachem Holding AG Days Payable?

Bachem Holding AG's average Accounts Payable for the six months ended in Dec. 2023 was $32.9 Mil. Bachem Holding AG's Cost of Goods Sold for the six months ended in Dec. 2023 was $253.3 Mil. Hence, Bachem Holding AG's Days Payable for the six months ended in Dec. 2023 was 23.73.

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

BCHMF' s Days Payable Range Over the Past 10 Years
Min: 19.59 Med: 28.91 Max: 39.66
Current: 27.4

During the past 13 years, Bachem Holding AG's highest Days Payable was 39.66. The lowest was 19.59. And the median was 28.91.

BCHMF's Days Payable is ranked worse than
83.91% of 1504 companies
in the Chemicals industry
Industry Median: 61 vs BCHMF: 27.40

Bachem Holding AG's Days Payable declined from Dec. 2022 (25.96) to Dec. 2023 (23.73). It may suggest that Bachem Holding AG accelerated paying its suppliers.

Bachem Holding AG Days Payable Historical Data

The historical data trend for Bachem 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.

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Bachem Holding AG Days Payable Chart

Bachem Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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23.10

28.05

27.93

29.06

26.83

Bachem 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															24.37	28.44	25.96	30.20	23.73

Competitive Comparison of Bachem Holding AG's Days Payable

For the Chemicals subindustry, Bachem 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.

Bachem Holding AG's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bachem Holding AG's Days Payable distribution charts can be found below:

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

Bachem 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.

Bachem 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
=	( (34.426	+	33.637)	/	2 )	/	462.943	*	365
=	34.0315					/	462.943	*	365
=	26.83

Bachem 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
=	( (32.22	+	33.637)	/	2 )	/	253.264	*	365 / 2
=	32.9285					/	253.264	*	365 / 2
=	23.73

Bachem Holding AG Days Payable Related Terms

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Bachem Holding AG (Bachem Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bachem Holding AG (OTCPK:BCHMF) » Definitions » Days Payable

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Traded in Other Exchanges

BANBz:UK BANB:Switzerland

Address

Hauptstrasse 144, Bubendorf, CHE, 4416

Website

https://www.bachem.com

Bachem Holding AG is a biochemical company that provides services to the pharmaceutical and biotechnology industry. It focuses on the process development and manufacturing of peptides and organic molecules as active pharmaceutical ingredients, as well as on the development of biochemical products for research purposes. The group markets its product under the Bachem and Clinalfa brands. The business of the firm can be seen booming across the market of Switzerland, USA, Austria, Great Britain, Germany and internationally and it generates revenue through the sale of the product.

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