Varian Medical Systems (Varian Medical Systems) Days Payable : 43.63 (As of Dec. 2020)

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What is Varian Medical Systems Days Payable?

Varian Medical Systems's average Accounts Payable for the three months ended in Dec. 2020 was $201 Mil. Varian Medical Systems's Cost of Goods Sold for the three months ended in Dec. 2020 was $420 Mil. Hence, Varian Medical Systems's Days Payable for the three months ended in Dec. 2020 was 43.63.

The historical rank and industry rank for Varian Medical Systems's Days Payable or its related term are showing as below:

VAR' s Days Payable Range Over the Past 10 Years
Min: 34.23 Med: 40.13 Max: 48.83
Current: 40.89

During the past 13 years, Varian Medical Systems's highest Days Payable was 48.83. The lowest was 34.23. And the median was 40.13.

VAR's Days Payable is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 73.355 vs VAR: 40.89

Varian Medical Systems's Days Payable declined from Dec. 2019 (45.79) to Dec. 2020 (43.63). It may suggest that Varian Medical Systems accelerated paying its suppliers.

Varian Medical Systems Days Payable Historical Data

The historical data trend for Varian Medical Systems'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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Varian Medical Systems Days Payable Chart

Varian Medical Systems Annual Data

Trend

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Days Payable

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44.38

38.98

39.11

43.18

45.18

Varian Medical Systems Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Days Payable	Get a 7-Day Free Trial															45.79	41.28	41.83	34.46	43.63

Competitive Comparison of Varian Medical Systems's Days Payable

For the Medical Instruments & Supplies subindustry, Varian Medical Systems'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.

Varian Medical Systems's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Varian Medical Systems's Days Payable falls into.

Varian Medical Systems 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.

Varian Medical Systems's Days Payable for the fiscal year that ended in Sep. 2020 is calculated as

	Days Payable (A: Sep. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2019 )	+	Accounts Payable (A: Sep. 2020 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2020 )	*	Days in Period
=	( (248.5	+	194.9)	/	2 )	/	1791	*	365
=	221.7					/	1791	*	365
=	45.18

Varian Medical Systems's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

	Days Payable (Q: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2020 )	+	Accounts Payable (Q: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
=	( (194.9	+	206.5)	/	2 )	/	419.8	*	365 / 4
=	200.7					/	419.8	*	365 / 4
=	43.63

Varian Medical Systems Days Payable Related Terms

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Varian Medical Systems (Varian Medical Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Varian Medical Systems Inc (NYSE:VAR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3100 Hansen Way, Palo Alto, CA, USA, 94304-1038

Website

https://www.varian.com

Varian Medical Systems designs, manufactures, and sells radiation technology for use in two business segments: oncology systems and proton therapy. The Americas account for the largest portion of revenue (47%), followed by Europe, the Middle East, and Africa (33%) and Asia-Pacific (19%).

Executives

Jesse Michael Bruff	officer: SVP Finance, CFO	3100 HANSEN WAY, PALO ALTO CA 94304
Magnus Momsen	officer: SVP, CAO, Corporate Controller	VARIAN MEDICAL SYSTEMS INC. 3100 HANSEN WAY MAIL STOP E327 PALO ALTO CA 94304
Dow R Wilson	director, officer: President and CEO	VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Kolleen T Kennedy	officer: Pres. Proton Solutions, CGO	VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Christopher A. Toth	officer: SVP and Pres. Oncology Systems	1252 COOLIDGE AVE., SAN JOSE CA 95125
Michael Damon Hutchinson	officer: SVP,Chief Legal Officer, Secy	2825 AIRVIEW BLVD, KALAMAZOO MI 49002
Jean Luc Butel	director	ONE BAXTER PARKWAY, DEERFIELD IL 60015
John W Kuo	officer: SVP, Gen Counsel and Secretary	VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Judy Bruner	director	C/O SANDISK CORPORATION, 601 MCCARTHY BLVD., MILPITAS CA 95035
Beau Michelle Le	director	800 N. MICHIGAN AVENUE #3703 CHICAGO IL 60611
Anat Ashkenazi	director	LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
Jeffrey R. Balser	director	3657 RICHLAND AVE., NASHVILLE TN 37205
Regina E Dugan	director	VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
David J Illingworth	director	3100 HANSEN WAY PALO ALTO CA 94304
R Andrew Eckert	director	THREE RAVINIA DRIVE, ATLANTA GA 30346