ASFX (American Scientific Resources) Days Payable: 292.05 (As of Sep. 2011)


What is American Scientific Resources Days Payable?

American Scientific Resources ASFX -96.67% Days Payable is 292.05 as of Sep. 2011.

American Scientific Resources's average Accounts Payable for the three months ended in Sep. 2011 was $1.07 Mil. American Scientific Resources's Cost of Goods Sold for the three months ended in Sep. 2011 was $0.33 Mil. Hence, American Scientific Resources's Days Payable for the three months ended in Sep. 2011 was 292.05.

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

ASFX's Days Payable is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 67.87
* Ranked among companies with meaningful Days Payable only.

American Scientific Resources's Days Payable increased from . 20 (0.00) to Sep. 2011 (292.05). It may suggest that American Scientific Resources delayed paying its suppliers.

American Scientific Resources Days Payable Historical Data

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The historical data trend for American Scientific Resources'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.

American Scientific Resources Days Payable Chart

American Scientific Resources Annual Data
Trend
Days Payable

American Scientific Resources Quarterly Data
Sep10 Sep11
Days Payable 0.00 292.05

ASFX vs GNID, QTXB, ASNB: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, American Scientific Resources'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.

American Scientific Resources Days Payable vs Medical Devices & Instruments Industry

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

* The bar in red indicates where American Scientific Resources's Days Payable falls into.


American Scientific Resources 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.

American Scientific Resources's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

American Scientific Resources's Days Payable for the quarter that ended in Sep. 2011 is calculated as:

Days Payable (Q: Sep. 2011 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2010 ) + Accounts Payable (Q: Sep. 2011 )) / count ) / Cost of Goods Sold (Q: Sep. 2011 )*Days in Period
=( (0 + 1.069) / 1 ) / 0.334*365 / 4
=1.069 / 0.334*365 / 4
=292.05

* 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 292.05 mean?
American Scientific Resources (ASFX) has a Days Payable of 292.05 as of Sep. 2011. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on American Scientific Resources and its competitors.
Is American Scientific Resources' Days Payable too high?
American Scientific Resources' current Days Payable is 292.05. The Medical Devices & Instruments industry median Days Payable is 67.87. American Scientific Resources' value of 292.05 is 330.3% above this industry median.
How does American Scientific Resources' Days Payable compare to GNID and QTXB?
American Scientific Resources' Days Payable of 292.05 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 67.87. American Scientific Resources' value of 292.05 is 330.3% 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 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. American Scientific Resources's current Days Payable of 292.05 is 330.3% 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 American Scientific Resources 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. American Scientific Resources's current Days Payable is 292.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Scientific Resources stock overvalued right now?
American Scientific Resources (ASFX) has a current Days Payable of 292.05. The current Days Payable is 292.05 and 330.3% 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 American Scientific Resources (ASFX), the current Days Payable is 292.05 as of Sep. 2011. 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.

American Scientific Resources Business Description