EMED (Electromedical Technologies) Days Payable: 1,771.77 (As of Sep. 2024)

What is Electromedical Technologies Days Payable?

Electromedical Technologies EMED Days Payable is 1,771.77 as of Sep. 2024.

Electromedical Technologies's average Accounts Payable for the three months ended in Sep. 2024 was $0.23 Mil. Electromedical Technologies's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.01 Mil. Hence, Electromedical Technologies's Days Payable for the three months ended in Sep. 2024 was 1,771.77.

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

EMED's Days Payable is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 68.14
* Ranked among companies with meaningful Days Payable only.

Electromedical Technologies's Days Payable increased from Sep. 2023 (341.88) to Sep. 2024 (1,771.77). It may suggest that Electromedical Technologies delayed paying its suppliers.

Electromedical Technologies Days Payable Related Terms

Electromedical Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Electromedical Technologies'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.

Electromedical Technologies Days Payable Chart

Electromedical Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

383.33

483.53

438.37

337.03

304.77

Electromedical Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															341.88	291.21	300.63	338.33	1,771.77

EMED vs DYNT, SONX, USAQ: Days Payable Comparison

For the Medical Devices subindustry, Electromedical Technologies'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.

Electromedical Technologies Days Payable vs Medical Devices & Instruments Industry

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

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

Save Embed

Electromedical Technologies 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.

Electromedical Technologies'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
=	( (0.267	+	0.239)	/	2 )	/	0.303	*	365
=	0.253					/	0.303	*	365
=	304.77

Electromedical Technologies's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.24	+	0.226)	/	2 )	/	0.012	*	365 / 4
=	0.233					/	0.012	*	365 / 4
=	1,771.77

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 1,771.77 mean?

Electromedical Technologies (EMED) has a Days Payable of 1,771.77 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Electromedical Technologies and its competitors.

Is Electromedical Technologies' Days Payable too high?

Electromedical Technologies' current Days Payable is 1,771.77. The Medical Devices & Instruments industry median Days Payable is 68.14. Electromedical Technologies' value of 1,771.77 is 2500.2% above this industry median.

How does Electromedical Technologies' Days Payable compare to DYNT and SONX?

Electromedical Technologies' Days Payable of 1,771.77 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 68.14. Electromedical Technologies' value of 1,771.77 is 2500.2% 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 68.14, based on 796 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. Electromedical Technologies's current Days Payable of 1,771.77 is 2500.2% 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 Electromedical Technologies and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electromedical Technologies's current Days Payable is 1,771.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Electromedical Technologies stock overvalued right now?

Electromedical Technologies (EMED) has a current Days Payable of 1,771.77. The current Days Payable is 1,771.77 and 2500.2% above the Medical Devices & Instruments industry median of 68.14. 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 Electromedical Technologies (EMED), the current Days Payable is 1,771.77 as of Sep. 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.

Electromedical Technologies Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies DYNT SONX USAQ AFIB BIOLQ OPGN ESMC BJDX NUMD NUWE ABT BSX SYK MDT XTER:SHL EW SZSE:300760 DXCM XAMS:PHIA STE

Address 10105 E. Via Linda, No. 103-300, Scottsdale, AZ, USA, 85258

Website https://www.electromedtech.com

Electromedical Technologies Inc is a Delaware-based bioelectronics manufacturing company. The company designs, develops, and markets FDA-cleared, non-invasive, and simple-to-use bioelectronics therapy medical devices that serve as drug-free alternatives for pain relief. The company's device provide immediate and long-lasting pain relief across the broadest range of ailments. It focuses on improving globalised wellness for people suffering from various painful conditions.