Sharps Compliance (Sharps Compliance) Days Payable : 24.19 (As of Mar. 2022)

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What is Sharps Compliance Days Payable?

Sharps Compliance's average Accounts Payable for the three months ended in Mar. 2022 was $3.34 Mil. Sharps Compliance's Cost of Goods Sold for the three months ended in Mar. 2022 was $12.60 Mil. Hence, Sharps Compliance's Days Payable for the three months ended in Mar. 2022 was 24.19.

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

SMED's Days Payable is not ranked ^*
in the Waste Management industry.
Industry Median: 72.98
* Ranked among companies with meaningful Days Payable only.

Sharps Compliance's Days Payable increased from Mar. 2021 (21.57) to Mar. 2022 (24.19). It may suggest that Sharps Compliance delayed paying its suppliers.

Sharps Compliance Days Payable Historical Data

The historical data trend for Sharps Compliance'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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Sharps Compliance Days Payable Chart

Sharps Compliance Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Days Payable

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24.63

23.94

33.01

42.18

32.78

Sharps Compliance Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Days Payable	Get a 7-Day Free Trial															21.57	28.09	28.91	22.27	24.19

Competitive Comparison of Sharps Compliance's Days Payable

For the Waste Management subindustry, Sharps Compliance'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.

Sharps Compliance's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Sharps Compliance's Days Payable distribution charts can be found below:

* The bar in red indicates where Sharps Compliance's Days Payable falls into.

Sharps Compliance 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.

Sharps Compliance's Days Payable for the fiscal year that ended in Jun. 2021 is calculated as

	Days Payable (A: Jun. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2020 )	+	Accounts Payable (A: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2021 )	*	Days in Period
=	( (4.399	+	4.136)	/	2 )	/	47.514	*	365
=	4.2675					/	47.514	*	365
=	32.78

Sharps Compliance's Days Payable for the quarter that ended in Mar. 2022 is calculated as:

	Days Payable (Q: Mar. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
=	( (3.592	+	3.09)	/	2 )	/	12.601	*	365 / 4
=	3.341					/	12.601	*	365 / 4
=	24.19

Sharps Compliance Days Payable Related Terms

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Sharps Compliance (Sharps Compliance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Sharps Compliance Corp (NAS:SMED) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

9220 Kirby Drive, Suite 500, Houston, TX, USA, 77054

Website

https://www.sharpsinc.com

Sharps Compliance Corp is a provider of waste management services including medical, pharmaceutical and hazardous. It offers a range of services including, the Sharps Recovery System, TakeAway Medication Recovery System, MedSafe, Route-Based Pickup Service, TakeAway Recycle System, ComplianceTRAC, Universal Waste Ship back Systems, and other solutions. It also offers route-based pickup service in regions of the Northeast portion of the United States as well as in Texas and Louisiana.

Executives

Raven Buyer, Inc.	10 percent owner	11611 SAN VICENTE BLVD SUITE 800 LOS ANGELES CA 90049
Raven Houston Merger Sub, Inc.	10 percent owner	11611 SAN VICENTE BLVD SUITE 800 LOS ANGELES CA 90049
Aurora Equity Partners Vi-a L.p.	10 percent owner	10877 WILSHIRE BLVD, SUITE 2100 LOS ANGELES CA 90024
Aurora Equity Partners Vi L.p.	10 percent owner	10877 WILSHIRE BLVD, SUITE 2100 LOS ANGELES CA 90024
Aurora Associates Vi L.p.	10 percent owner	10877 WILSHIRE BLVD, SUITE 2100 LOS ANGELES CA 90024
David P Tusa	officer: CEO and President	NEW CENTURY EQUITY HOLDINGS CORP 1010 REUNION PLACE SAN ANTONIO TX 78216
Eric T Bauer	officer: EVP & Chief Financial Officer	6720 N SCOTTSDALE RD SUITE 190 SCOTTSDALE AZ 85253
Gary Enzor	director	2200 SOUTH 75TH AVENUE PHOENIX AZ 85043
Holmes Parris H Jr	director	9311 SAN PEDRO SUITE 400, SAN ANTONIO TX 78216
Dennis Halligan	officer: Vice President of Marketing	9220 KIRBY DRIVE, SUITE 500 HOUSTON TX 77054
Gregory C Davis	officer: Vice President of Operations	9220 KIRBY DRIVE SUITE 500 HOUSTON TX 77054
Mulloy William Patrick Ii	director	601 W MARKET ST, LOUISVILLE KY 40202
John W Dalton	director
Diana P Diaz	officer: Vice President and CFO	9220 KIRBY DRIVE SUITE 500, HOUSTON TX 77054
Adrian W. Burke	officer: Sr VP of Operations	2705 LUELLA AVE DEER PARK TX 77536