Metlifecare (ASX:MEQ) Days Payable: 0.00 (As of Jun. 2020)


What is Metlifecare Days Payable?

Metlifecare ASX:MEQ 4 Days Payable is 0.00 as of Jun. 2020. GuruFocus rates ASX:MEQ with a GF Score™ of 4/100. The stock has 8 warning signs investors should review.

Metlifecare's average Accounts Payable for the six months ended in Jun. 2020 was A$16.84 Mil. Metlifecare's Cost of Goods Sold for the six months ended in Jun. 2020 was A$0.00 Mil.

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

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

Metlifecare's Days Payable stayed the same from Jun. 2019 (0.00) to Jun. 2020 (0.00).

Metlifecare Days Payable Historical Data

* Premium members only.

The historical data trend for Metlifecare'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.

Metlifecare Days Payable Chart

Metlifecare Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Metlifecare Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 0.00 0.00

ASX:MEQ vs HCA, DVA, UHS: Days Payable Comparison

For the Medical Care Facilities subindustry, Metlifecare'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.

Metlifecare Days Payable vs Healthcare Providers & Services Industry

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

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


Metlifecare 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.

Metlifecare's Days Payable for the fiscal year that ended in Jun. 2020 is calculated as

Days Payable (A: Jun. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2019 ) + Accounts Payable (A: Jun. 2020 )) / count ) / Cost of Goods Sold (A: Jun. 2020 )*Days in Period
=( (4.034 + 3.87) / 2 ) / 0*365
=3.952 / 0*365
=N/A

Metlifecare's Days Payable for the quarter that ended in Jun. 2020 is calculated as:

Days Payable (Q: Jun. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2019 ) + Accounts Payable (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (29.808 + 3.87) / 2 ) / 0*365 / 2
=16.839 / 0*365 / 2
=N/A

* 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 0.00 mean?
Metlifecare (ASX:MEQ) has a Days Payable of 0.00 as of Jun. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Metlifecare and its competitors.
Is Metlifecare's Days Payable too high?
Metlifecare's current Days Payable is 0.00. Overall, Metlifecare has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Metlifecare's Days Payable compare to HCA and DVA?
Metlifecare's Days Payable of 0.00 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Payable is 58.21. 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. 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 Metlifecare 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. Metlifecare's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metlifecare stock overvalued right now?
Metlifecare (ASX:MEQ) has a current Days Payable of 0.00. The current Days Payable is 0.00. Metlifecare's overall GF Score™ is 4/100 with 8 warning signs to review. 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 Metlifecare (ASX:MEQ), the current Days Payable is 0.00 as of Jun. 2020. 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.

Metlifecare Business Description

Address 20 Kent Street, Level 4, Newmarket, Auckland, NTL, NZL, 1023
Metlifecare Ltd operates retirement communities throughout New Zealand. It generates revenue from membership fees and rest home, hospital and service, and village fees. Metlifecare's membership fees are paid by residents of independent living units and serviced apartments and allow residents to use common facilities. Its largest single customer is the New Zealand government, which pays fees on behalf of residents eligible for government subsidized elderly care. The majority of Metlifecare's retirement villages are located in Auckland.