AFIB (Acutus Medical) Days Payable: 22.25 (As of Dec. 2024)

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What is Acutus Medical Days Payable?

Acutus Medical AFIB Days Payable is 22.25 as of Dec. 2024.

Acutus Medical's average Accounts Payable for the three months ended in Dec. 2024 was $1.49 Mil. Acutus Medical's Cost of Goods Sold for the three months ended in Dec. 2024 was $6.13 Mil. Hence, Acutus Medical's Days Payable for the three months ended in Dec. 2024 was 22.25.

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

AFIB's Days Payable is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 67.97
* Ranked among companies with meaningful Days Payable only.

Acutus Medical's Days Payable declined from Dec. 2023 (139.04) to Dec. 2024 (22.25). It may suggest that Acutus Medical accelerated paying its suppliers.


Acutus Medical Days Payable Historical Data

* Premium members only.

The historical data trend for Acutus Medical'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.

Acutus Medical Days Payable Chart

Acutus Medical Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 139.53 87.49 369.06 92.73 38.48

Acutus Medical Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 139.04 73.97 49.48 31.64 22.25

AFIB vs DHAI, ABT, BSX: Days Payable Comparison

For the Medical Devices subindustry, Acutus Medical'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.


Acutus Medical Days Payable vs Medical Devices & Instruments Industry

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

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



Acutus Medical 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.

Acutus Medical's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (2.761 + 1.276) / 2 ) / 19.144*365
=2.0185 / 19.144*365
=38.48

Acutus Medical's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (1.711 + 1.276) / 2 ) / 6.125*365 / 4
=1.4935 / 6.125*365 / 4
=22.25

* 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 22.25 mean?
Acutus Medical (AFIB) has a Days Payable of 22.25 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Acutus Medical and its competitors.
Is Acutus Medical's Days Payable too high?
Acutus Medical's current Days Payable is 22.25. The Medical Devices & Instruments industry median Days Payable is 67.97. Acutus Medical's value of 22.25 is 67.3% below this industry median.
How does Acutus Medical's Days Payable compare to DHAI and ABT?
Acutus Medical's Days Payable of 22.25 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 67.97. Acutus Medical's value of 22.25 is 67.3% below 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 67.97, based on 794 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. Acutus Medical's current Days Payable of 22.25 is 67.3% below 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 Acutus Medical and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acutus Medical's current Days Payable is 22.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acutus Medical stock overvalued right now?
Acutus Medical (AFIB) has a current Days Payable of 22.25. The current Days Payable is 22.25 and 67.3% below the Medical Devices & Instruments industry median of 67.97. 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 Acutus Medical (AFIB), the current Days Payable is 22.25 as of Dec. 2024. 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.

Acutus Medical Business Description

Address 2210 Faraday Avenue, Suite 100, Carlsbad, CA, USA, 92008
Acutus Medical Inc is an arrhythmia management company focused on improving the way cardiac arrhythmias are diagnosed and treated. The company designs, manufactures, and markets a range of tools for catheter-based ablation procedures to treat various arrhythmias. Its product portfolio includes Novel access sheaths, Transseptal crossing tools, Diagnostic and mapping catheters, Ablation catheters, Mapping, and imaging consoles and accessories, as well as Supporting algorithms and Software programs. It markets and sells its electrophysiology products world-wide to hospitals and electrophysiologists that treat patients with arrhythmias. It has a business presence in the United States and Outside the United States.