Patient Access Solutions (Patient Access Solutions) Days Payable : 142.48 (As of Jul. 2008)

View and export this data going back to 2007. Start your Free Trial

What is Patient Access Solutions Days Payable?

Patient Access Solutions's average Accounts Payable for the three months ended in Jul. 2008 was $0.09 Mil. Patient Access Solutions's Cost of Goods Sold for the three months ended in Jul. 2008 was $0.06 Mil. Hence, Patient Access Solutions's Days Payable for the three months ended in Jul. 2008 was 142.48.

The historical rank and industry rank for Patient Access Solutions's Days Payable or its related term are showing as below:

PASO's Days Payable is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 62.11
* Ranked among companies with meaningful Days Payable only.

Patient Access Solutions's Days Payable increased from Jul. 2007 (38.02) to Jul. 2008 (142.48). It may suggest that Patient Access Solutions delayed paying its suppliers.

Patient Access Solutions Days Payable Historical Data

The historical data trend for Patient Access Solutions'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.

Patient Access Solutions Days Payable Chart

Patient Access Solutions Annual Data

Trend

Oct06

Oct07

Oct08

Days Payable

Patient Access Solutions Quarterly Data
	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08
Days Payable	Get a 7-Day Free Trial			38.02	-	-	294.03	142.48

Competitive Comparison of Patient Access Solutions's Days Payable

For the Health Information Services subindustry, Patient Access Solutions'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.

Patient Access Solutions's Days Payable Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Patient Access Solutions's Days Payable falls into.

Patient Access Solutions 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.

Patient Access Solutions's Days Payable for the fiscal year that ended in Oct. 2008 is calculated as

	Days Payable (A: Oct. 2008 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2007 )	+	Accounts Payable (A: Oct. 2008 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2008 )	*	Days in Period
=	( (0.001	+	0.138)	/	2 )	/	0	*	365
=	0.0695					/	0	*	365
=	N/A

Patient Access Solutions's Days Payable for the quarter that ended in Jul. 2008 is calculated as:

	Days Payable (Q: Jul. 2008 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2008 )	+	Accounts Payable (Q: Jul. 2008 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2008 )	*	Days in Period
=	( (0.11	+	0.068)	/	2 )	/	0.057	*	365 / 4
=	0.089					/	0.057	*	365 / 4
=	142.48

Patient Access Solutions Days Payable Related Terms

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

Patient Access Solutions (Patient Access Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Patient Access Solutions Inc (OTCPK:PASO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Veterans Highway, Unit 1124, Commack, NY, USA, 11725

Website

http://www.pashealth.com

Patient Access Solutions Inc is a technology solutions provider focused on service within the healthcare community, with a focus of using technology to facilitate their customers' needs. The company develops and markets the PASHealth Web Portal System.

Patient Access Solutions (Patient Access Solutions) Headlines

From GuruFocus

Patient Access Solutions Inc. Issues Statement Regarding OTC Status and Trading Activity

By Marketwired Marketwired • 01-28-2019