Artgen Biotech PJSC (MIC:ABIO) Days Payable : 152.84 (As of Jun. 2023)

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What is Artgen Biotech PJSC Days Payable?

Artgen Biotech PJSC's average Accounts Payable for the six months ended in Jun. 2023 was ₽107 Mil. Artgen Biotech PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽127 Mil. Hence, Artgen Biotech PJSC's Days Payable for the six months ended in Jun. 2023 was 152.84.

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

MIC:ABIO' s Days Payable Range Over the Past 10 Years
Min: 97.22 Med: 192.35 Max: 445.72
Current: 153.86

During the past 13 years, Artgen Biotech PJSC's highest Days Payable was 445.72. The lowest was 97.22. And the median was 192.35.

MIC:ABIO's Days Payable is ranked better than
50.55% of 724 companies
in the Biotechnology industry
Industry Median: 150.695 vs MIC:ABIO: 153.86

Artgen Biotech PJSC's Days Payable increased from Jun. 2022 (149.26) to Jun. 2023 (152.84). It may suggest that Artgen Biotech PJSC delayed paying its suppliers.

Artgen Biotech PJSC Days Payable Historical Data

The historical data trend for Artgen Biotech PJSC'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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Artgen Biotech PJSC Days Payable Chart

Artgen Biotech PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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445.72

226.76

105.90

125.74

118.88

Artgen Biotech PJSC Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															124.72	114.63	149.26	125.67	152.84

Competitive Comparison of Artgen Biotech PJSC's Days Payable

For the Biotechnology subindustry, Artgen Biotech PJSC'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.

Artgen Biotech PJSC's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Artgen Biotech PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Artgen Biotech PJSC's Days Payable falls into.

Artgen Biotech PJSC 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.

Artgen Biotech PJSC's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (102.323	+	66.836)	/	2 )	/	259.694	*	365
=	84.5795					/	259.694	*	365
=	118.88

Artgen Biotech PJSC's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (66.836	+	146.624)	/	2 )	/	127.444	*	365 / 2
=	106.73					/	127.444	*	365 / 2
=	152.84

Artgen Biotech PJSC Days Payable Related Terms

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Artgen Biotech PJSC (MIC:ABIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Artgen Biotech PJSC (MIC:ABIO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prospect of the 60th Anniversary, Moscow, RUS, 117036

Website

https://www.hsci.ru

Artgen Biotech PJSC formerly Human Stem Cells Institute PJSC is a biotechnology company. It is engaged in the drug discovery, research and development and marketing of proprietary products and services in the field of regenerative medicine, bio-insurance, medical genetics, including reproductive genetics, gene therapy, and biopharmaceutics. The company has developed Neovasculgen, which is a gene therapy drug for the treatment of Peripheral Arterial Disease, including Critical Limb Ischemia and also develops SPRS therapy which entails the use of autologous dermal fibroblasts to repair skin damage due to aging and other structural changes.