Deversify Health AB (FRA:9BX) Days Payable : 326.35 (As of Jun. 2024)

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What is Deversify Health AB Days Payable?

Deversify Health AB's average Accounts Payable for the three months ended in Jun. 2024 was €0.26 Mil. Deversify Health AB's Cost of Goods Sold for the three months ended in Jun. 2024 was €0.07 Mil. Hence, Deversify Health AB's Days Payable for the three months ended in Jun. 2024 was 326.35.

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

FRA:9BX' s Days Payable Range Over the Past 10 Years
Min: 21.01 Med: 45.99 Max: 834.29
Current: 834.29

During the past 5 years, Deversify Health AB's highest Days Payable was 834.29. The lowest was 21.01. And the median was 45.99.

FRA:9BX's Days Payable is ranked better than
95.4% of 2523 companies
in the Software industry
Industry Median: 48.75 vs FRA:9BX: 834.29

Deversify Health AB's Days Payable increased from Mar. 2023 (155.31) to Jun. 2024 (326.35). It may suggest that Deversify Health AB delayed paying its suppliers.

Deversify Health AB Days Payable Historical Data

The historical data trend for Deversify Health 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.

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Deversify Health AB Days Payable Chart

Deversify Health AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

20.93

44.60

48.93

74.38

Deversify Health AB Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial										155.31	294.16	-	628.07	326.35

Competitive Comparison of Deversify Health AB's Days Payable

For the Information Technology Services subindustry, Deversify Health 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.

Deversify Health AB's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Deversify Health AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Deversify Health AB's Days Payable falls into.

Deversify Health 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.

Deversify Health 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
=	( (0.417	+	0.335)	/	2 )	/	1.845	*	365
=	0.376					/	1.845	*	365
=	74.38

Deversify Health AB's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.312	+	0.203)	/	2 )	/	0.072	*	365 / 4
=	0.2575					/	0.072	*	365 / 4
=	326.35

Deversify Health AB Days Payable Related Terms

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Deversify Health AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Deversify Health AB (FRA:9BX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ulls vag 29C, Uppsala, SWE, 756 51

Website

https://www.deversify.com

Deversify Health AB offers health tech solutions for consumers. The company develops and commercializes mobile electronic devices and apps to monitor biomarkers for individualized health, specializing in breathalyzers. The company also develops and provides education services regarding metabolic health and personalized nutrition.

Deversify Health AB Headlines

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