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MedAdvisor (ASX:MDR) Days Payable : 94.83 (As of Dec. 2023)


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What is MedAdvisor Days Payable?

MedAdvisor's average Accounts Payable for the six months ended in Dec. 2023 was A$16.7 Mil. MedAdvisor's Cost of Goods Sold for the six months ended in Dec. 2023 was A$32.1 Mil. Hence, MedAdvisor's Days Payable for the six months ended in Dec. 2023 was 94.83.

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

ASX:MDR' s Days Payable Range Over the Past 10 Years
Min: 47.07   Med: 148.51   Max: 218.34
Current: 166.08

During the past 13 years, MedAdvisor's highest Days Payable was 218.34. The lowest was 47.07. And the median was 148.51.

ASX:MDR's Days Payable is ranked better than
79.87% of 596 companies
in the Healthcare Providers & Services industry
Industry Median: 63.31 vs ASX:MDR: 166.08

MedAdvisor's Days Payable declined from Dec. 2022 (121.10) to Dec. 2023 (94.83). It may suggest that MedAdvisor accelerated paying its suppliers.


MedAdvisor Days Payable Historical Data

The historical data trend for MedAdvisor'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.

* Premium members only.

MedAdvisor Days Payable Chart

MedAdvisor Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 209.50 218.34 47.07 54.54 48.14

MedAdvisor Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 52.29 121.10 228.06 94.83

Competitive Comparison of MedAdvisor's Days Payable

For the Health Information Services subindustry, MedAdvisor'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.


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

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

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



MedAdvisor 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.

MedAdvisor's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (6 + 4.17) / 2 ) / 38.554*365
=5.085 / 38.554*365
=48.14

MedAdvisor's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4.17 + 29.19) / 2 ) / 32.099*365 / 2
=16.68 / 32.099*365 / 2
=94.83

* 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.


MedAdvisor Days Payable Related Terms

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MedAdvisor (ASX:MDR) Business Description

Traded in Other Exchanges
N/A
Address
971 Burke Road, Level 2, Camberwell, VIC, AUS, 3124
MedAdvisor Ltd is engaged in the development and deployment of the MedAdvisor medication and adherence platform. The MedAdvisor platform is focused on improving health outcomes by connecting health professionals with their patients using mobile and web technologies. It has five reporting segments: ANZ Operations, USA Operations, UK Operations, Asia Operations, and Corporate. The company derives majority of its revenues from AU Operations.

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