Biolase (FRA:BTH0) Days Payable : 61.35 (As of Dec. 2023)

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What is Biolase Days Payable?

Biolase's average Accounts Payable for the three months ended in Dec. 2023 was €6.14 Mil. Biolase's Cost of Goods Sold for the three months ended in Dec. 2023 was €9.14 Mil. Hence, Biolase's Days Payable for the three months ended in Dec. 2023 was 61.35.

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

FRA:BTH0' s Days Payable Range Over the Past 10 Years
Min: 48 Med: 81.01 Max: 104.71
Current: 74

During the past 13 years, Biolase's highest Days Payable was 104.71. The lowest was 48.00. And the median was 81.01.

FRA:BTH0's Days Payable is ranked better than
50.64% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs FRA:BTH0: 74.00

Biolase's Days Payable increased from Dec. 2022 (48.48) to Dec. 2023 (61.35). It may suggest that Biolase delayed paying its suppliers.

Biolase Days Payable Historical Data

The historical data trend for Biolase'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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Biolase Days Payable Chart

Biolase Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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86.52

93.29

46.48

49.83

67.63

Biolase 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															48.48	85.67	77.89	85.20	61.35

Competitive Comparison of Biolase's Days Payable

For the Medical Devices subindustry, Biolase'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.

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

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

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

Biolase 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.

Biolase'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
=	( (5.462	+	5.562)	/	2 )	/	29.747	*	365
=	5.512					/	29.747	*	365
=	67.63

Biolase'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
=	( (6.726	+	5.562)	/	2 )	/	9.138	*	365 / 4
=	6.144					/	9.138	*	365 / 4
=	61.35

Biolase Days Payable Related Terms

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Biolase (FRA:BTH0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Biolase Inc (FRA:BTH0) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BIOL:USA BTH0:Germany

Address

27042 Towne Centre Drive, Suite 270, Lake Forest, CA, USA, 92610

Website

https://www.biolase.com

Biolase Inc is a US-based medical device company. It develops, manufactures, markets, and sells laser systems in dentistry and medicine. The company also markets, sells and distributes dental imaging equipment, including cone beam digital x-rays and CAD/CAM intraoral scanners. It offers two categories of laser system products: Waterlase (all-tissue) systems and Diode (soft-tissue) systems which allow dentists, periodontists, endodontists, oral surgeons, and other dental specialists to perform a broad range of minimally invasive dental procedures, including cosmetic, restorative, and complex surgical applications. The majority of the company's revenue comes from the United States.

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