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Bioservo Technologies AB (OSTO:BIOS) Days Payable : 138.98 (As of Sep. 2023)


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What is Bioservo Technologies AB Days Payable?

Bioservo Technologies AB's average Accounts Payable for the three months ended in Sep. 2023 was kr5.45 Mil. Bioservo Technologies AB's Cost of Goods Sold for the three months ended in Sep. 2023 was kr3.58 Mil. Hence, Bioservo Technologies AB's Days Payable for the three months ended in Sep. 2023 was 138.98.

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

OSTO:BIOS' s Days Payable Range Over the Past 10 Years
Min: 121.63   Med: 284.7   Max: 959.87
Current: 194.99

During the past 8 years, Bioservo Technologies AB's highest Days Payable was 959.87. The lowest was 121.63. And the median was 284.70.

OSTO:BIOS's Days Payable is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 72.67 vs OSTO:BIOS: 194.99

Bioservo Technologies AB's Days Payable declined from Sep. 2022 (315.60) to Sep. 2023 (138.98). It may suggest that Bioservo Technologies AB accelerated paying its suppliers.

Bioservo Technologies AB Days Payable Historical Data

The historical data trend for Bioservo Technologies AB'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.

Bioservo Technologies AB Days Payable Chart

Bioservo Technologies AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial 959.87 178.71 121.63 288.96 284.70

Bioservo Technologies AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 315.60 197.88 187.81 431.85 138.98

Competitive Comparison of Bioservo Technologies AB's Days Payable

For the Medical Instruments & Supplies subindustry, Bioservo Technologies AB'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.

Bioservo Technologies AB's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Bioservo Technologies AB's Days Payable falls into.


Bioservo Technologies AB 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.

Bioservo Technologies AB'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
=( (5.613 + 6.31) / 2 ) / 7.643*365
=5.9615 / 7.643*365
=284.70

Bioservo Technologies AB's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (6.303 + 4.605) / 2 ) / 3.581*365 / 4
=5.454 / 3.581*365 / 4
=138.98

* 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.

Bioservo Technologies AB Days Payable Related Terms

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Bioservo Technologies AB (OSTO:BIOS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Bioservo Technologies AB (OSTO:BIOS) » Definitions » Days Payable
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XSAT:MEDIMI XSAT:ODIN XSAT:AUDNTS OSTO:S2M XSAT:EURI B XSAT:BIBB NGM:PRLD OSTO:IZAFE B OSTO:ORTI A ISRG XPAR:EL BDX XSWX:ALC TSE:7741 WST OCSE:COLO B RMD TSE:4543 XSWX:STMN BAX
Traded in Other Exchanges
N/A
Address
Torshamnsgatan 35, Kista, SWE, 164 40
Website
https://www.bioservo.com
Bioservo Technologies AB is a Sweden based wearable muscle strengthening systems provider company. It develops wearable technologies based on bionic soft robotics. The company offers SEM Gloves, a grip strengthening aid designed for people with impaired hand function or grip-intensive occupations.