AHGIF (Alternate Health) Days Payable: 740.50 (As of Sep. 2019)


What is Alternate Health Days Payable?

Alternate Health AHGIF -99.00% Days Payable is 740.50 as of Sep. 2019.

Alternate Health's average Accounts Payable for the three months ended in Sep. 2019 was $5.29 Mil. Alternate Health's Cost of Goods Sold for the three months ended in Sep. 2019 was $0.65 Mil. Hence, Alternate Health's Days Payable for the three months ended in Sep. 2019 was 740.50.

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

AHGIF's Days Payable is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 58.205
* Ranked among companies with meaningful Days Payable only.

Alternate Health's Days Payable increased from Sep. 2018 (0.00) to Sep. 2019 (740.50). It may suggest that Alternate Health delayed paying its suppliers.

Alternate Health Days Payable Historical Data

* Premium members only.

The historical data trend for Alternate Health'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.

Alternate Health Days Payable Chart

Alternate Health Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
0.00 0.00 0.00 0.00 0.00

Alternate Health Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.00 0.00 0.00 929.03 740.50

AHGIF vs VEEV, CERN, TDOC: Days Payable Comparison

For the Health Information Services subindustry, Alternate Health'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.

Alternate Health Days Payable vs Healthcare Providers & Services Industry

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

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


Alternate Health 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.

Alternate Health's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (2.562 + 4.024) / 2 ) / 0*365
=3.293 / 0*365
=N/A

Alternate Health's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

Days Payable (Q: Sep. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2019 ) + Accounts Payable (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (5.146 + 5.436) / 2 ) / 0.652*365 / 4
=5.291 / 0.652*365 / 4
=740.50

* 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 740.50 mean?
Alternate Health (AHGIF) has a Days Payable of 740.50 as of Sep. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Alternate Health and its competitors.
Is Alternate Health's Days Payable too high?
Alternate Health's current Days Payable is 740.50. The Healthcare Providers & Services industry median Days Payable is 58.21. Alternate Health's value of 740.50 is 1172.2% above this industry median.
How does Alternate Health's Days Payable compare to VEEV and CERN?
Alternate Health's Days Payable of 740.50 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Payable is 58.21. Alternate Health's value of 740.50 is 1172.2% 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 58.21, based on 606 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. Alternate Health's current Days Payable of 740.50 is 1172.2% 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 Alternate Health and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 58.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alternate Health's current Days Payable is 740.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alternate Health stock overvalued right now?
Alternate Health (AHGIF) has a current Days Payable of 740.50. The current Days Payable is 740.50 and 1172.2% above the Healthcare Providers & Services industry median of 58.21. 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 Alternate Health (AHGIF), the current Days Payable is 740.50 as of Sep. 2019. 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.

Alternate Health Business Description

Address 7373 Broadway Street, Suite 307, San Antonio, TX, USA, 78209
Alternate Health Corp is a healthcare company. It uses expertise in technology and data analytics to revolutionize patient care and research in the emerging medical cannabis industry. It offers practice management and controlled substance management software, blood analysis and toxicology labs, clinical research, continuing education programs, nutraceutical products, and security and control services to the medical cannabis industry.