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InfuSystems Holdings (FRA:1TZ) Days Payable : 52.26 (As of Mar. 2024)


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What is InfuSystems Holdings Days Payable?

InfuSystems Holdings's average Accounts Payable for the three months ended in Mar. 2024 was €8.2 Mil. InfuSystems Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €14.3 Mil. Hence, InfuSystems Holdings's Days Payable for the three months ended in Mar. 2024 was 52.26.

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

FRA:1TZ' s Days Payable Range Over the Past 10 Years
Min: 44.1   Med: 75.79   Max: 102.85
Current: 44.1

During the past 13 years, InfuSystems Holdings's highest Days Payable was 102.85. The lowest was 44.10. And the median was 75.79.

FRA:1TZ's Days Payable is ranked worse than
72.53% of 790 companies
in the Medical Devices & Instruments industry
Industry Median: 72.905 vs FRA:1TZ: 44.10

InfuSystems Holdings's Days Payable increased from Mar. 2023 (46.74) to Mar. 2024 (52.26). It may suggest that InfuSystems Holdings delayed paying its suppliers.


InfuSystems Holdings Days Payable Historical Data

The historical data trend for InfuSystems Holdings'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.

InfuSystems Holdings Days Payable Chart

InfuSystems Holdings 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 79.37 73.21 58.93 58.10 48.32

InfuSystems Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 46.74 38.60 37.95 42.69 52.26

Competitive Comparison of InfuSystems Holdings's Days Payable

For the Medical Instruments & Supplies subindustry, InfuSystems Holdings'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.


InfuSystems Holdings's Days Payable Distribution in the Medical Devices & Instruments Industry

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

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



InfuSystems Holdings 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.

InfuSystems Holdings'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
=( (7.874 + 7.344) / 2 ) / 57.474*365
=7.609 / 57.474*365
=48.32

InfuSystems Holdings's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (7.344 + 9.012) / 2 ) / 14.279*365 / 4
=8.178 / 14.279*365 / 4
=52.26

* 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.


InfuSystems Holdings Days Payable Related Terms

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InfuSystems Holdings (FRA:1TZ) Business Description

Traded in Other Exchanges
Address
3851 West Hamlin Road, Rochester Hills, MI, USA, 48309
InfuSystems Holdings Inc is a United States based healthcare service provider. It offers Infusion pumps and related products and services for patients in the home, oncology clinics, ambulatory surgery centers, and other sites of care from the locations in the United States and Canada. The company provides products and services to hospitals, oncology practices and chemotherapy clinics for the treatment of various cancers, including colorectal cancer, pain management, and other disease states. The segments of the company are Integrated Therapy Services (ITS) and Durable Medical Equipment (DME) services, of which key revenue is derived from the ITS segment.

InfuSystems Holdings (FRA:1TZ) Headlines

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