Rhoen Klinikum AG (XTER:RHK) Days Payable : 44.21 (As of Dec. 2023)

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What is Rhoen Klinikum AG Days Payable?

Rhoen Klinikum AG's average Accounts Payable for the three months ended in Dec. 2023 was €63 Mil. Rhoen Klinikum AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €130 Mil. Hence, Rhoen Klinikum AG's Days Payable for the three months ended in Dec. 2023 was 44.21.

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

XTER:RHK' s Days Payable Range Over the Past 10 Years
Min: 47.74 Med: 75.38 Max: 109.82
Current: 47.74

During the past 13 years, Rhoen Klinikum AG's highest Days Payable was 109.82. The lowest was 47.74. And the median was 75.38.

XTER:RHK's Days Payable is ranked worse than
59.93% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 61.58 vs XTER:RHK: 47.74

Rhoen Klinikum AG's Days Payable declined from Dec. 2022 (50.38) to Dec. 2023 (44.21). It may suggest that Rhoen Klinikum AG accelerated paying its suppliers.

Rhoen Klinikum AG Days Payable Historical Data

The historical data trend for Rhoen Klinikum 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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Rhoen Klinikum AG Days Payable Chart

Rhoen Klinikum AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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80.77

62.79

64.96

58.23

51.12

Rhoen Klinikum AG Quarterly Data
	Mar19	Jun19	Sep19	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															50.38	50.63	47.97	45.06	44.21

Competitive Comparison of Rhoen Klinikum AG's Days Payable

For the Medical Care Facilities subindustry, Rhoen Klinikum 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.

Rhoen Klinikum AG's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Rhoen Klinikum AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Rhoen Klinikum AG's Days Payable falls into.

Rhoen Klinikum 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.

Rhoen Klinikum 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
=	( (69.986	+	66.835)	/	2 )	/	488.466	*	365
=	68.4105					/	488.466	*	365
=	51.12

Rhoen Klinikum 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (59.48	+	66.835)	/	2 )	/	130.366	*	365 / 4
=	63.1575					/	130.366	*	365 / 4
=	44.21

Rhoen Klinikum AG Days Payable Related Terms

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Rhoen Klinikum AG (XTER:RHK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rhoen Klinikum AG (XTER:RHK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RKAGY:USA RHKJF:USA 0NQH:UK RHK:Austria

Address

Salzburger Leite 1, Bad Neustadt a. d. Saale, DEU, 97616

Website

https://www.rhoen-klinikum-ag.com

Rhoen Klinikum AG provides medical care focused in five key areas: cardiovascular medicine, neuromedicine, oncology, pulmonary diseases, and orthopedic and trauma surgery. The firm operates in three business areas: acute hospitals, medical care centers, and rehabilitation hospitals. The acute hospitals business contributes to the vast majority of the firm's overall revenue. The majority of patients at the firm's acute hospitals and medical care centers are treated on an outpatient basis. Rhoen Klinikum generates the entirety of its revenue in Germany, with the Bavaria and Hesse regions contributing the largest proportions of revenue.

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