ADRMF (Adherium) Days Payable: 1,964.39 (As of Dec. 2025) — 169% Above Median


What is Adherium Days Payable?

Adherium ADRMF Days Payable is 1,964.39 as of Dec. 2025, which is 169% above its 10-year median of 730.00. The stock has 8 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Adherium ranks better than 97.11% on this metric.

Adherium's average Accounts Payable for the six months ended in Dec. 2025 was $1.75 Mil. Adherium's Cost of Goods Sold for the six months ended in Dec. 2025 was $0.16 Mil. Hence, Adherium's Days Payable for the six months ended in Dec. 2025 was 1,964.39.

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

ADRMF' s Days Payable Range Over the Past 10 Years
Min: 405.93   Med: 730   Max: 2153.04
Current: 2153.04

During the past 10 years, Adherium's highest Days Payable was 2153.04. The lowest was 405.93. And the median was 730.00.

ADRMF's Days Payable is ranked better than
97.11% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 67.87 vs ADRMF: 2153.04

Adherium's Days Payable increased from Dec. 2024 (646.93) to Dec. 2025 (1,964.39). It may suggest that Adherium delayed paying its suppliers.


Adherium Days Payable Historical Data

* Premium members only.

The historical data trend for Adherium'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.

Adherium Days Payable Chart

Adherium Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 687.45 2,161.25 746.26 1,184.81 1,524.41

Adherium Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 555.95 4,963.69 646.93 3,110.29 1,964.39

ADRMF vs ABT, SYK, MDT: Days Payable Comparison

For the Medical Devices subindustry, Adherium'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.


Adherium Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Adherium's Days Payable distribution charts can be found below:

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



Adherium 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.

Adherium's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (1.824 + 2.01) / 2 ) / 0.459*365
=1.917 / 0.459*365
=1,524.41

Adherium's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (2.01 + 1.499) / 2 ) / 0.163*365 / 2
=1.7545 / 0.163*365 / 2
=1,964.39

* 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 1,964.39 mean?
Adherium (ADRMF) has a Days Payable of 1,964.39 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Adherium and its competitors. This is 169% above median its historical median of 730.00. Over the past decade, Adherium's Days Payable has ranged from 405.93 to 2,153.04. According to the industry distribution chart, Adherium ranks #23 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 2.9%.
Is Adherium's Days Payable too high?
Adherium's current Days Payable of 1,964.39 is 169% above median its 10-year median of 730.00. Over the past 10 years, this metric has ranged from a low of 405.93 to a high of 2,153.04. The Medical Devices & Instruments industry median Days Payable is 67.87. Adherium's value of 1,964.39 is 2794.3% above this industry median. Based on the distribution chart, Adherium ranks #23 out of 795 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers.
How does Adherium's Days Payable compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Adherium ranks #23 out of 795 companies for Days Payable. This places Adherium in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.87. Adherium's value of 1,964.39 is 2794.3% above this benchmark. Historically, Adherium's own Days Payable has ranged from 405.93 to 2,153.04 over the past decade. While the company's 10-year median is 730.00 vs. the industry median of 67.87, Adherium has consistently been above the industry average. 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 67.87, based on 795 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. Adherium's current Days Payable of 1,964.39 is 2794.3% 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 Adherium and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adherium's current Days Payable is 1,964.39, which is 169% above median its own 10-year median of 730.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adherium stock overvalued right now?
Based on GuruFocus' analysis, Adherium (ADRMF) is currently considered Possible Value Trap. The current Days Payable is 1,964.39, which is 169% above median its 10-year median of 730.00 and 2794.3% above the Medical Devices & Instruments industry median of 67.87. 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 Adherium (ADRMF), the current Days Payable is 1,964.39 as of Dec. 2025. 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.

Adherium Business Description

Other Exchanges ADR:Australia
Address 447 Collins Street, Level 5, Melbourne, VIC, AUS, 3000
Adherium Ltd is engaged in the development, manufacture, and supply of its Hailie digital health technologies that address sub-optimal medication use and improve health outcomes in chronic disease. It is an international Respiratory eHealth company focused on patient medication adherence, remote monitoring, and data management solutions for patients, payers, and providers. Its geographically segments include New Zealand and Australia, Europe, North America, and Asia. The majority of its revenue comes from Europe.