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Aclarion (Aclarion) Days Payable : 2,293.26 (As of Mar. 2024)


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What is Aclarion Days Payable?

Aclarion's average Accounts Payable for the three months ended in Mar. 2024 was $0.48 Mil. Aclarion's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.02 Mil. Hence, Aclarion's Days Payable for the three months ended in Mar. 2024 was 2,293.26.

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

ACON' s Days Payable Range Over the Past 10 Years
Min: 2614.9   Med: 3707.2   Max: 5078.26
Current: 2614.9

During the past 5 years, Aclarion's highest Days Payable was 5078.26. The lowest was 2614.90. And the median was 3707.20.

ACON's Days Payable is ranked better than
97.96% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 62.91 vs ACON: 2614.90

Aclarion's Days Payable declined from Mar. 2023 (2,691.88) to Mar. 2024 (2,293.26). It may suggest that Aclarion accelerated paying its suppliers.


Aclarion Days Payable Historical Data

The historical data trend for Aclarion'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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Aclarion Days Payable Chart

Aclarion Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
2,902.62 3,707.20 5,078.26 4,262.08 2,922.40

Aclarion Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,691.88 2,768.72 2,951.94 3,296.41 2,293.26

Competitive Comparison of Aclarion's Days Payable

For the Health Information Services subindustry, Aclarion'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.


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

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

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



Aclarion 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.

Aclarion'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
=( (0.458 + 0.759) / 2 ) / 0.076*365
=0.6085 / 0.076*365
=2,922.40

Aclarion's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.759 + 0.196) / 2 ) / 0.019*365 / 4
=0.4775 / 0.019*365 / 4
=2,293.26

* 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.


Aclarion Days Payable Related Terms

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


Aclarion (Aclarion) Business Description

Traded in Other Exchanges
N/A
Address
8181 Arista Place, Suite 300, Broomfield, CO, USA, 80021
Aclarion Inc is a healthcare technology company that leverages Magnetic Resonance Spectroscopy (MRS), and a proprietary biomarker to optimize clinical treatments. Its product Nociscan is a SaaS platform that leverages MR Spectroscopy to noninvasively help physicians distinguish between painful and nonpainful discs in the spine. The Company derives its revenues from one source, the delivery of Nociscan reports to medical professionals. Substantially all revenues are generated from contracts with customers in the United States.
Executives
John Paul Lorbiecki officer: Chief Financial Officer 238 CHEYENNE DRIVE, LAFAYETTE CO 80026
Brent Ness director, officer: Chief Executive Officer 951 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Ryan Bond officer: Chief Strategy Officer 951 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Stephen Deitsch director 1600 BROADWAY, SUITE 700, DENVER CO 80202
William Wesemann director 130 MONTALVO ROAD, REDWOOD CITY CA 94062
Jeffrey John Thramann director, officer: Executive Chairman 8580 STRAWBERRY LANE, NIWOT CO 80503
Michael W Dirks 10 percent owner 811 EAST 30TH AVE, HUTCHINSON KS 67502
Nuvasive Inc 10 percent owner 7475 LUSK BLVD, SAN DIEGO CA 92121
Sc Capital 1 Llc 10 percent owner 1 COMPOUND DRIVE, HUTCHINSON KS 67502
Scott Breidbart director 951 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Amanda Mae Sequira director 951 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
David K Neal director C/O ACLARION, INC., 951 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404