Addus HomeCare (Addus HomeCare) Days Payable

: 11.80 (As of Dec. 2023)

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Addus HomeCare's average Accounts Payable for the three months ended in Dec. 2023 was $24 Mil. Addus HomeCare's Cost of Goods Sold for the three months ended in Dec. 2023 was $184 Mil. Hence, Addus HomeCare's Days Payable for the three months ended in Dec. 2023 was 11.80.

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

ADUS' s Days Payable Range Over the Past 10 Years
Min: 5.72 Med: 10.52 Max: 14.69
Current: 11.39

During the past 13 years, Addus HomeCare's highest Days Payable was 14.69. The lowest was 5.72. And the median was 10.52.

ADUS's Days Payable is ranked worse than
90.65% of 588 companies
in the Healthcare Providers & Services industry
Industry Median: 61.55 vs ADUS: 11.39

Addus HomeCare's Days Payable increased from Dec. 2022 (11.29) to Dec. 2023 (11.80). It may suggest that Addus HomeCare delayed paying its suppliers.

Addus HomeCare Days Payable Historical Data

The historical data trend for Addus HomeCare'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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Addus HomeCare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

12.39

14.69

13.22

11.61

12.26

Addus HomeCare Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																11.29	11.55	10.90	10.43	11.80

Competitive Comparison

For the Medical Care Facilities subindustry, Addus HomeCare'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.

Addus HomeCare Days Payable Distribution

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

* The bar in red indicates where Addus HomeCare's Days Payable falls into.

Addus HomeCare 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.

Addus HomeCare'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
=	( (22.092	+	26.183)	/	2 )	/	718.775	*	365
=	24.1375					/	718.775	*	365
=	12.26

Addus HomeCare's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (21.375	+	26.183)	/	2 )	/	183.938	*	365 / 4
=	23.779					/	183.938	*	365 / 4
=	11.80

Addus HomeCare Days Payable Related Terms

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Addus HomeCare (Addus HomeCare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Addus HomeCare Corp (NAS:ADUS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

A41:Germany

Address

6303 Cowboys Way, Suite 600, Frisco, TX, USA, 75034

Website

https://www.addus.com

Addus HomeCare Corp is engaged in the provision of in-home personal care services. It operates through the following segments: Personal care segment, which is a key revenue driver, provides non-medical assistance with activities of daily living, primarily to persons who are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. The Hospice segment provides physical, emotional and spiritual care for people who are terminally ill and their families. Its Home health segment provides services that are primarily medical in nature to those individuals who may require assistance during an illness or after surgery.

Executives

David W. Tucker	officer: EVP/Chief Development Officer	6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Michael D. Wattenbarger	officer: EVP/Chief Information Officer	6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Darby Anderson	officer: See Remarks	2401 SOUTH PLUM GROVE ROAD, PALATINE IL 60067
W Bradley Bickham	officer: See Remarks
Brian Poff	officer: CHIEF FINANCIAL OFFICER	C/O ADDUS HOMECARE CORPORATION, 2300 WARRENVILLE RD, DOWNERS GROVE IL 60515
R Dirk Allison	director, officer: Chief Executive Officer	2525 WEST END AVE STE 600, C/O RENAL CARE GROUP INC, NASHVILLE TN 37203
Robertson James Stevenson	officer: EVP & Chief HR Officer	6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Sean Gaffney	officer: EVP / Chief Legal Officer	6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Monica Raines	officer: EVP/CCO and Quality Officer	6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Heather Brianne Dixon	director	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Esteban Lopez	director	6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Cliff Donald Blessing	officer: EVP/Chief Development Officer	6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Laurie Manning	officer: EVP/Chief Human Resources Off.	6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Veronica Hill-milbourne	director	6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Mark L First	director, 10 percent owner	320 PARK AVENUE, NEW YORK NY 10022