BACK (IMAC Holdings) Days Payable : 0.00 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is IMAC Holdings Days Payable?

IMAC Holdings's average Accounts Payable for the three months ended in Mar. 2024 was $0.58 Mil. IMAC Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

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

BACK' s Days Payable Range Over the Past 10 Years
Min: 22.28 Med: 273.75 Max: 654.03
Current: 653.49

During the past 8 years, IMAC Holdings's highest Days Payable was 654.03. The lowest was 22.28. And the median was 273.75.

BACK's Days Payable is ranked better than
95.62% of 593 companies
in the Healthcare Providers & Services industry
Industry Median: 57.56 vs BACK: 653.49

IMAC Holdings's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

IMAC Holdings Days Payable Historical Data

The historical data trend for IMAC Holdings'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.

IMAC Holdings Days Payable Chart

IMAC Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

418.17

654.03

IMAC Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of IMAC Holdings's Days Payable

For the Medical Care Facilities subindustry, IMAC Holdings'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.

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

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

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

IMAC Holdings 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.

IMAC Holdings's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.569	+	0.584)	/	2 )	/	0	*	365
=	0.5765					/	0	*	365
=	N/A

IMAC Holdings's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.584	+	0)	/	1 )	/	0	*	365 / 4
=	0.584					/	0	*	365 / 4
=	N/A

IMAC Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of IMAC Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

IMAC Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » IMAC Holdings Inc (NAS:BACK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3401 Mallory Lane, Suite 100, Franklin, TN, USA, 37067

Website

https://www.imacregeneration.com

IMAC Holdings Inc is a provider and manager of value-based, conservative medical care combining life science advancements with traditional medical care for movement-restricting diseases and conditions in IMAC Regeneration Centers and BackSpace clinics. Its Innovative Medical Advancements and Care (IMAC) Regeneration Centers combine medical and physical procedures to improve patient experiences and outcomes and reduce healthcare costs as compared to other available treatment options.

Executives

Benjamin S Lerner	officer: Chief Operating Officer	C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027
Matthew C Wallis	director, 10 percent owner, officer: Chief Operating Officer	C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027
Michael D Pruitt	director	11220 ELM LANE, SUITE 203, CHARLOTTE NC 28277
Cary Sucoff	director	1612 EAST CAPE CORAL PKWY, C/O LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904
Maurice E. Evans	director	C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027
Jeffrey S Ervin	director, officer: Chief Executive Officer	C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027
Hayden Gerard M Jr	director	C/O PRIVATE BUSINESS INC, P O BOX 1603, BRENTWOOD TN 37024
David Ellwanger	director	C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027
Sheri Gardzina	officer: Interim CFO	C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027
George P Hampton	director	C/O HORIZON PHARMA PLC, 520 LAKE COOK ROAD, STE 520, DEERFIELD IL 60015
Dean Weiland	director	C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027
Dwight Anthony Bond	officer: Chief Financial Officer	C/O IMAC HOLDINGS, INC., BRENTWOOD TN 37027