Boule Diagnostics AB (OSTO:BOUL) Days Payable : 42.48 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Boule Diagnostics AB Days Payable?

Boule Diagnostics AB's average Accounts Payable for the three months ended in Mar. 2024 was kr37.0 Mil. Boule Diagnostics AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr79.5 Mil. Hence, Boule Diagnostics AB's Days Payable for the three months ended in Mar. 2024 was 42.48.

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

OSTO:BOUL' s Days Payable Range Over the Past 10 Years
Min: 35.43 Med: 40.86 Max: 48.62
Current: 44.19

During the past 13 years, Boule Diagnostics AB's highest Days Payable was 48.62. The lowest was 35.43. And the median was 40.86.

OSTO:BOUL's Days Payable is ranked worse than
72.37% of 789 companies
in the Medical Devices & Instruments industry
Industry Median: 73.02 vs OSTO:BOUL: 44.19

Boule Diagnostics AB's Days Payable declined from Mar. 2023 (44.34) to Mar. 2024 (42.48). It may suggest that Boule Diagnostics AB accelerated paying its suppliers.

Boule Diagnostics AB Days Payable Historical Data

The historical data trend for Boule Diagnostics 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.

Boule Diagnostics AB Days Payable Chart

Boule Diagnostics AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

43.77

48.62

42.46

39.17

Boule Diagnostics AB 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															44.34	44.49	44.96	44.01	42.48

Competitive Comparison of Boule Diagnostics AB's Days Payable

For the Medical Devices subindustry, Boule Diagnostics 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.

Boule Diagnostics AB's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Boule Diagnostics AB's Days Payable falls into.

Boule Diagnostics 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.

Boule Diagnostics AB'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
=	( (33.321	+	35.713)	/	2 )	/	321.615	*	365
=	34.517					/	321.615	*	365
=	39.17

Boule Diagnostics AB'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
=	( (35.713	+	38.3)	/	2 )	/	79.5	*	365 / 4
=	37.0065					/	79.5	*	365 / 4
=	42.48

Boule Diagnostics AB Days Payable Related Terms

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

Boule Diagnostics AB (OSTO:BOUL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Boule Diagnostics AB (OSTO:BOUL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Domnarvsgatan 4, Spanga, SWE, SE-163 53

Website

https://www.boule.com

Boule Diagnostics AB is a company operating in the diagnostics market. It is engaged in the development, manufacturing and marketing instruments and consumables for blood diagnostics. The firm focuses on the decentralized market segment. The systems are intended for small and medium-sized hospitals, clinics and laboratories within outpatient care. Through its subsidiaries, the Group operates in Sweden, USA, and China.

Boule Diagnostics AB (OSTO:BOUL) Headlines

No Headlines