BRSF (Brain Scientific) Days Payable: 9,207.95 (As of Dec. 2022)


BRSF Brain Scientific Inc BRSF
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What is Brain Scientific Days Payable?

Brain Scientific BRSF 10 Days Payable is 9,207.95 as of Dec. 2022. GuruFocus rates BRSF with a GF Score™ of 10/100.

Brain Scientific's average Accounts Payable for the three months ended in Dec. 2022 was $1.11 Mil. Brain Scientific's Cost of Goods Sold for the three months ended in Dec. 2022 was $0.01 Mil. Hence, Brain Scientific's Days Payable for the three months ended in Dec. 2022 was 9,207.95.

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

BRSF's Days Payable is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 68.07
* Ranked among companies with meaningful Days Payable only.

Brain Scientific's Days Payable increased from Dec. 2021 (577.39) to Dec. 2022 (9,207.95). It may suggest that Brain Scientific delayed paying its suppliers.

Brain Scientific Days Payable Historical Data

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The historical data trend for Brain Scientific'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.

Brain Scientific Days Payable Chart

Brain Scientific Annual Data
Trend Dec21 Dec22
Days Payable
2,195.98 2,467.72

Brain Scientific Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Days Payable Get a 7-Day Free Trial 577.39 935.53 2,805.94 27,238.13 9,207.95

BRSF vs MOTS, BRSF, PBIO: Days Payable Comparison

For the Medical Devices subindustry, Brain Scientific'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.

Brain Scientific Days Payable vs Medical Devices & Instruments Industry

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

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


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Brain Scientific Inc BRSF
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Brain Scientific 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.

Brain Scientific's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1.101 + 1.076) / 2 ) / 0.161*365
=1.0885 / 0.161*365
=2,467.72

Brain Scientific's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (1.144 + 1.076) / 2 ) / 0.011*365 / 4
=1.11 / 0.011*365 / 4
=9,207.95

* 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 9,207.95 mean?
Brain Scientific (BRSF) has a Days Payable of 9,207.95 as of Dec. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Brain Scientific and its competitors.
Is Brain Scientific's Days Payable too high?
Brain Scientific's current Days Payable is 9,207.95. The Medical Devices & Instruments industry median Days Payable is 68.07. Brain Scientific's value of 9,207.95 is 13427.2% above this industry median. Overall, Brain Scientific has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Brain Scientific's Days Payable compare to MOTS and BRSF?
Brain Scientific's Days Payable of 9,207.95 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 68.07. Brain Scientific's value of 9,207.95 is 13427.2% 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.07, 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. Brain Scientific's current Days Payable of 9,207.95 is 13427.2% 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 Brain Scientific and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brain Scientific's current Days Payable is 9,207.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brain Scientific stock overvalued right now?
Brain Scientific (BRSF) has a current Days Payable of 9,207.95. The current Days Payable is 9,207.95 and 13427.2% above the Medical Devices & Instruments industry median of 68.07. Brain Scientific's overall GF Score™ is 10/100. 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 Brain Scientific (BRSF), the current Days Payable is 9,207.95 as of Dec. 2022. 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.

Brain Scientific Business Description

Address 6700 Professional Parkway, Lakewood Ranch, FL, USA, 34240
Brain Scientific Inc is a medical technology company with two product lines: neurology products are medical devices and software products designed for the neurology market. and motion products are small piezoelectric motors that are designed for and expected to have valuable and beneficial uses as motors within medical devices and devices outside of the medical technology industry.
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