Teleflex (FRA:TBH) Days Payable : 35.14 (As of Mar. 2024)

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What is Teleflex Days Payable?

Teleflex's average Accounts Payable for the three months ended in Mar. 2024 was €114 Mil. Teleflex's Cost of Goods Sold for the three months ended in Mar. 2024 was €296 Mil. Hence, Teleflex's Days Payable for the three months ended in Mar. 2024 was 35.14.

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

FRA:TBH' s Days Payable Range Over the Past 10 Years
Min: 27.5 Med: 31.3 Max: 36.08
Current: 36.08

During the past 13 years, Teleflex's highest Days Payable was 36.08. The lowest was 27.50. And the median was 31.30.

FRA:TBH's Days Payable is ranked worse than
79.24% of 785 companies
in the Medical Devices & Instruments industry
Industry Median: 73.19 vs FRA:TBH: 36.08

Teleflex's Days Payable declined from Mar. 2023 (37.75) to Mar. 2024 (35.14). It may suggest that Teleflex accelerated paying its suppliers.

Teleflex Days Payable Historical Data

The historical data trend for Teleflex'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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Teleflex Days Payable Chart

Teleflex Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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31.86

32.40

30.92

34.42

36.13

Teleflex 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															37.75	38.08	37.41	35.41	35.14

Competitive Comparison of Teleflex's Days Payable

For the Medical Instruments & Supplies subindustry, Teleflex'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.

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

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

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

Teleflex 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.

Teleflex'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
=	( (119.706	+	121.27)	/	2 )	/	1217.37	*	365
=	120.488					/	1217.37	*	365
=	36.13

Teleflex'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
=	( (121.27	+	106.669)	/	2 )	/	295.978	*	365 / 4
=	113.9695					/	295.978	*	365 / 4
=	35.14

Teleflex Days Payable Related Terms

Thank you for viewing the detailed overview of Teleflex's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Teleflex (FRA:TBH) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

TFX:USA T1FX34:Brazil

Address

550 East Swedesford Road, Suite 400, Wayne, PA, USA, 19087

Website

https://www.teleflex.com

Teleflex is a Wayne, Pennsylvania-based manufacturer of hospital supplies and medical devices primarily in the bloodstream/vascular and surgical areas. The firm reports results across seven segments: vascular access (24% of 2022 sales), interventional (16%), anesthesia (14%), surgical (14%), interventional urology (12%), original-equipment manufacturing (10%), and all other (10%). Geographic exposure for the business is primarily in the U.S., which accounts for 60% of revenue, with international markets making up the remainder.

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