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Sophia Genetics (Sophia Genetics) Days Payable : 72.17 (As of Mar. 2024)


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What is Sophia Genetics Days Payable?

Sophia Genetics's average Accounts Payable for the three months ended in Mar. 2024 was $4.25 Mil. Sophia Genetics's Cost of Goods Sold for the three months ended in Mar. 2024 was $5.37 Mil. Hence, Sophia Genetics's Days Payable for the three months ended in Mar. 2024 was 72.17.

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

SOPH' s Days Payable Range Over the Past 10 Years
Min: 41.51   Med: 50.44   Max: 102.15
Current: 102.15

During the past 6 years, Sophia Genetics's highest Days Payable was 102.15. The lowest was 41.51. And the median was 50.44.

SOPH's Days Payable is ranked better than
67.68% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.52 vs SOPH: 102.15

Sophia Genetics's Days Payable declined from Mar. 2023 (105.18) to Mar. 2024 (72.17). It may suggest that Sophia Genetics accelerated paying its suppliers.


Sophia Genetics Days Payable Historical Data

The historical data trend for Sophia Genetics'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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Sophia Genetics Days Payable Chart

Sophia Genetics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 62.51 51.30 43.36 50.44 41.51

Sophia Genetics Quarterly Data
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 105.18 129.68 114.20 73.48 72.17

Competitive Comparison of Sophia Genetics's Days Payable

For the Health Information Services subindustry, Sophia Genetics'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.


Sophia Genetics's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sophia Genetics's Days Payable distribution charts can be found below:

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



Sophia Genetics 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.

Sophia Genetics'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
=( (2.17 + 2.256) / 2 ) / 19.458*365
=2.213 / 19.458*365
=41.51

Sophia Genetics'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
=( (2.256 + 6.245) / 2 ) / 5.374*365 / 4
=4.2505 / 5.374*365 / 4
=72.17

* 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.


Sophia Genetics Days Payable Related Terms

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Sophia Genetics (Sophia Genetics) Business Description

Traded in Other Exchanges
Address
Rue du Centre 172, Saint-Sulpice, CHE, CH-1025
Sophia Genetics SA is a healthcare technology company dedicated to establishing the practice of data-driven medicine as the standard of care and for life sciences research. It has built a cloud-based SaaS platform capable of analyzing data and generating insights from complex multimodal data sets and different diagnostic modalities.