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American Well (American Well) Days Payable : 9.44 (As of Dec. 2023)


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What is American Well Days Payable?

American Well's average Accounts Payable for the three months ended in Dec. 2023 was $4.8 Mil. American Well's Cost of Goods Sold for the three months ended in Dec. 2023 was $46.8 Mil. Hence, American Well's Days Payable for the three months ended in Dec. 2023 was 9.44.

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

AMWL' s Days Payable Range Over the Past 10 Years
Min: 12.66   Med: 22.07   Max: 26.32
Current: 12.66

During the past 6 years, American Well's highest Days Payable was 26.32. The lowest was 12.66. And the median was 22.07.

AMWL's Days Payable is ranked worse than
89.46% of 588 companies
in the Healthcare Providers & Services industry
Industry Median: 61.605 vs AMWL: 12.66

American Well's Days Payable declined from Dec. 2022 (13.40) to Dec. 2023 (9.44). It may suggest that American Well accelerated paying its suppliers.


American Well Days Payable Historical Data

The historical data trend for American Well'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.

American Well Days Payable Chart

American Well Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 24.49 14.32 22.07 22.06 13.44

American Well Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.40 16.82 13.80 10.54 9.44

Competitive Comparison of American Well's Days Payable

For the Health Information Services subindustry, American Well'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.


American Well's Days Payable Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where American Well's Days Payable falls into.



American Well 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.

American Well'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
=( (7.236 + 4.864) / 2 ) / 164.287*365
=6.05 / 164.287*365
=13.44

American Well'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
=( (4.823 + 4.864) / 2 ) / 46.834*365 / 4
=4.8435 / 46.834*365 / 4
=9.44

* 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.


American Well Days Payable Related Terms

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


American Well (American Well) Business Description

Traded in Other Exchanges
N/A
Address
75 State Street, 26th Floor, Boston, MA, USA, 02109
American Well Corp is a telehealth company enabling digital delivery of care for its customers. Its platform, Amwell, digital care delivery solution that equips health systems, health plans, government, and innovator clients with the tools to enable new models of care for their patients and members enabling care delivery across the full healthcare continuum - from primary and urgent care in the home to high acuity specialty consults, such as telestroke and telepsychiatry, in the hospital. It provides both on-demand and scheduled consultations. Its Health Plan Programs include Virtual Primary Care, Musculoskeletal Care, Dermatology Care, and Chronic Care among others.
Executives
Vukasin Paunovich officer: EVP, Enterprise Platforms C/O AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Kurt Knight officer: Chief Operating Officer AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Robert Shepardson officer: Chief Financial Officer C/O AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Paul Francis Mcneice officer: Vice President of Accounting 20 JOHANNA DRIVE, READING MA 01867
Deborah C Jackson director C/O JOHN HANCOCK, 601 CONGRESS STREET, BOSTON MA 02210
Peter L. Slavin director AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Phyllis Gotlib officer: President, International AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Ido Schoenberg director, 10 percent owner, officer: Chairman, co-CEO AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Roy Schoenberg director, 10 percent owner, officer: President, co-CEO AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Kathy Johnson Weiler officer: See Remarks C/O AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON, MA 02109
Bradford Gay officer: Senior VP, General Counsel AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Serkan Kutan officer: Chief Technology Officer AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Amber Howe officer: Chief People Officer AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Stephen J. Schlegel director AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Robert Thomas Webb director C/O AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109