ACGI (Amacore Group) Days Payable: 87.15 (As of Jun. 2010)


What is Amacore Group Days Payable?

Amacore Group ACGI Days Payable is 87.15 as of Jun. 2010.

Amacore Group's average Accounts Payable for the three months ended in Jun. 2010 was $2.53 Mil. Amacore Group's Cost of Goods Sold for the three months ended in Jun. 2010 was $2.65 Mil. Hence, Amacore Group's Days Payable for the three months ended in Jun. 2010 was 87.15.

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

ACGI's Days Payable is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 58.08
* Ranked among companies with meaningful Days Payable only.

Amacore Group's Days Payable increased from Jun. 2009 (52.52) to Jun. 2010 (87.15). It may suggest that Amacore Group delayed paying its suppliers.

Amacore Group Days Payable Historical Data

* Premium members only.

The historical data trend for Amacore Group'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.

Amacore Group Days Payable Chart

Amacore Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 278.67 54.63 60.04

Amacore Group Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
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 52.52 53.01 46.33 60.27 87.15

ACGI vs ASNB, UNISQ, QTXB: Days Payable Comparison

For the Medical Care Facilities subindustry, Amacore Group'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.

Amacore Group Days Payable vs Healthcare Providers & Services Industry

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

* The bar in red indicates where Amacore Group's Days Payable falls into.


Amacore Group 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.

Amacore Group's Days Payable for the fiscal year that ended in Dec. 2009 is calculated as

Days Payable (A: Dec. 2009 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2008 ) + Accounts Payable (A: Dec. 2009 )) / count ) / Cost of Goods Sold (A: Dec. 2009 )*Days in Period
=( (3.589 + 2.804) / 2 ) / 19.432*365
=3.1965 / 19.432*365
=60.04

Amacore Group's Days Payable for the quarter that ended in Jun. 2010 is calculated as:

Days Payable (Q: Jun. 2010 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2010 ) + Accounts Payable (Q: Jun. 2010 )) / count ) / Cost of Goods Sold (Q: Jun. 2010 )*Days in Period
=( (2.473 + 2.585) / 2 ) / 2.648*365 / 4
=2.529 / 2.648*365 / 4
=87.15

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 87.15 mean?
Amacore Group (ACGI) has a Days Payable of 87.15 as of Jun. 2010. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Amacore Group and its competitors.
Is Amacore Group's Days Payable too high?
Amacore Group's current Days Payable is 87.15. The Healthcare Providers & Services industry median Days Payable is 58.08. Amacore Group's value of 87.15 is 50.1% above this industry median.
How does Amacore Group's Days Payable compare to ASNB and UNISQ?
Amacore Group's Days Payable of 87.15 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Payable is 58.08. Amacore Group's value of 87.15 is 50.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 58.08, based on 608 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amacore Group's current Days Payable of 87.15 is 50.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Amacore Group and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 58.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amacore Group's current Days Payable is 87.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amacore Group stock overvalued right now?
Amacore Group (ACGI) has a current Days Payable of 87.15. The current Days Payable is 87.15 and 50.1% above the Healthcare Providers & Services industry median of 58.08. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Amacore Group (ACGI), the current Days Payable is 87.15 as of Jun. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Amacore Group Business Description

Address Maitland Promenade 1, Suite 450, 485 North Keller Road, Maitland, FL, USA, 32751
Amacore Group Inc provides and markets healthcare-related membership products such as limited and major medical insurance programs, supplemental medical insurance and discount dental and vision programs for individuals and families. It offers services through agents, sales representatives, and marketing partners.