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Integer Holdings (FRA:WGB) Days Payable : 35.33 (As of Mar. 2024)


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What is Integer Holdings Days Payable?

Integer Holdings's average Accounts Payable for the three months ended in Mar. 2024 was €109 Mil. Integer Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €281 Mil. Hence, Integer Holdings's Days Payable for the three months ended in Mar. 2024 was 35.33.

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

FRA:WGB' s Days Payable Range Over the Past 10 Years
Min: 24.69   Med: 33.46   Max: 42.23
Current: 35.04

During the past 13 years, Integer Holdings's highest Days Payable was 42.23. The lowest was 24.69. And the median was 33.46.

FRA:WGB's Days Payable is ranked worse than
80.89% of 785 companies
in the Medical Devices & Instruments industry
Industry Median: 73.19 vs FRA:WGB: 35.04

Integer Holdings's Days Payable declined from Mar. 2023 (38.21) to Mar. 2024 (35.33). It may suggest that Integer Holdings accelerated paying its suppliers.


Integer Holdings Days Payable Historical Data

The historical data trend for Integer 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.

Integer Holdings Days Payable Chart

Integer 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 24.42 28.43 25.75 32.81 36.29

Integer 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 38.21 36.17 32.68 34.80 35.33

Competitive Comparison of Integer Holdings's Days Payable

For the Medical Devices subindustry, Integer 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.


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

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

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



Integer 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.

Integer 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
=( (104.576 + 110.309) / 2 ) / 1080.578*365
=107.4425 / 1080.578*365
=36.29

Integer 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
=( (110.309 + 106.922) / 2 ) / 280.568*365 / 4
=108.6155 / 280.568*365 / 4
=35.33

* 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.


Integer Holdings Days Payable Related Terms

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Integer Holdings (FRA:WGB) Business Description

Traded in Other Exchanges
Address
5830 Granite Parkway, Suite 1150, Plano, TX, USA, 75024
Integer Holdings Corp is a manufacturer of medical device components used by original equipment manufacturers in the medical industry. The company also develops batteries used in nonmedical applications in the energy, military, and environmental markets. The firm organizes itself into two business segments based on the product type: medical and nonmedical. The medical segment uses the firm's technologies to produce components and finished medical devices, and it generates the vast majority of revenue. The company earns more than half of its revenue in the United States.

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