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The historical rank and industry rank for Certive Solutions's Days Payable or its related term are showing as below:
CTVEF's Days Payable is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 57.08 * Ranked among companies with meaningful Days Payable only.
Certive Solutions's Days Payable
increased
from Feb. 2023 (534.30) to Feb. 2024 (588.01).
It may suggest that Certive Solutionsdelayed paying its suppliers.
The historical data trend for Certive Solutions'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.
CTVEF vs ESSI, UPHL, LGMK: Days Payable Comparison
For the Health Information Services subindustry, Certive Solutions'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.
Certive Solutions Days Payable vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Certive Solutions's Days Payable distribution charts can be found below:
* The bar in red indicates where Certive Solutions's Days Payable falls into.
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.
Certive Solutions's Days Payable for the fiscal year that ended in May. 2023 is calculated as
* 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.
Certive Solutions (CTVEF) has a Days Payable of 588.01 as of Feb. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Certive Solutions and its competitors.
Is Certive Solutions' Days Payable too high?
Certive Solutions' current Days Payable is 588.01. The Healthcare Providers & Services industry median Days Payable is 57.08. Certive Solutions' value of 588.01 is 930.2% above this industry median.
How does Certive Solutions' Days Payable compare to ESSI and UPHL?
Certive Solutions' Days Payable of 588.01 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Payable is 57.08. Certive Solutions' value of 588.01 is 930.2% 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 57.08, based on 605 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. Certive Solutions's current Days Payable of 588.01 is 930.2% 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 Certive Solutions and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 57.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Certive Solutions's current Days Payable is 588.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Certive Solutions stock overvalued right now?
Certive Solutions (CTVEF) has a current Days Payable of 588.01. The current Days Payable is 588.01 and 930.2% above the Healthcare Providers & Services industry median of 57.08. 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 Certive Solutions (CTVEF), the current Days Payable is 588.01 as of Feb. 2024. 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.
Certive Solutions Inc is a service provider in the Revenue Cycle Management (RCM) segment of the United States healthcare industry. The company provides claims audit and recovery solutions. Along with its subsidiaries, the Titan and Omega divisions provide retrospective claim audits against payer contracts, identify underpayments, and rebill and collect revenues for hospital customers. Its lines of business include billing support, claim audit and recovery, consulting services and chargemaster/lost charge recovery. The Company currently provides services to hospital clients enhancing the efficiency and effectiveness of lost charge recovery services, in revenue-sharing relationships that improve hospital clients net operating results.
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