EYESW (Second Sight Medical Products) Days Payable: 0.00 (As of Jun. 2022)


What is Second Sight Medical Products Days Payable?

Second Sight Medical Products EYESW Days Payable is 0.00 as of Jun. 2022. The stock has 1 warning sign investors should review.

Second Sight Medical Products's average Accounts Payable for the three months ended in Jun. 2022 was $0.86 Mil. Second Sight Medical Products's Cost of Goods Sold for the three months ended in Jun. 2022 was $0.00 Mil.

The historical rank and industry rank for Second Sight Medical Products's Days Payable or its related term are showing as below:

During the past 10 years, Second Sight Medical Products's highest Days Payable was 203.36. The lowest was 0.00. And the median was 51.55.

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

Second Sight Medical Products's Days Payable stayed the same from Jun. 2021 (0.00) to Jun. 2022 (0.00). stayed the same

Second Sight Medical Products Days Payable Historical Data

* Premium members only.

The historical data trend for Second Sight Medical Products'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.

Second Sight Medical Products Days Payable Chart

Second Sight Medical Products Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.05 76.80 203.36 0.00 0.00

Second Sight Medical Products Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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

EYESW vs SONX, LUCD, LHDX: Days Payable Comparison

For the Medical Devices subindustry, Second Sight Medical Products'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.

Second Sight Medical Products Days Payable vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Second Sight Medical Products's Days Payable falls into.


Second Sight Medical Products 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.

Second Sight Medical Products's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.486 + 0.519) / 2 ) / -0.13*365
=0.5025 / -0.13*365
=N/A

Second Sight Medical Products's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

Days Payable (Q: Jun. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2022 ) + Accounts Payable (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (0.744 + 0.966) / 2 ) / 0*365 / 4
=0.855 / 0*365 / 4
=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?
Second Sight Medical Products (EYESW) has a Days Payable of 0.00 as of Jun. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Second Sight Medical Products and its competitors.
Is Second Sight Medical Products' Days Payable too high?
Second Sight Medical Products' current Days Payable is 0.00.
How does Second Sight Medical Products' Days Payable compare to SONX and LUCD?
Second Sight Medical Products' Days Payable of 0.00 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 68.07. 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. 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 Second Sight Medical Products 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. Second Sight Medical Products'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 Second Sight Medical Products stock overvalued right now?
Second Sight Medical Products (EYESW) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Second Sight Medical Products (EYESW), the current Days Payable is 0.00 as of Jun. 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.

Second Sight Medical Products Business Description

Address 13170 Telfair Avenue, Sylmar, CA, USA, 91342
Second Sight Medical Products Inc develops, manufactures, and markets implantable prosthetic devices to create an artificial form of useful vision for blind individuals. The company's product Argus II System treats outer retinal degenerations, such as Retinitis Pigmentosa, often referred to as RP. The company generates revenue from the sale of its Argus II retinal prosthesis systems, which include the implant and external components. Geographically, the company operates in the United States, Italy, China, and of which key revenue is derived from the United States.