Scandinavian Medical Solutions AS (FRA:K41) Days Payable: 78.69 (As of Mar. 2026) — 14% Above Median


FRA:K41 Scandinavian Medical Solutions AS FRA:K41
67 GF Score
Price €0.38
GF Value €0.80
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Scandinavian Medical Solutions AS Days Payable?

Scandinavian Medical Solutions AS FRA:K41 -0.52% 67 Days Payable is 78.69 as of Mar. 2026, which is 14% above its 10-year median of 69.25. GuruFocus rates FRA:K41 with a GF Score™ of 67/100 and a GF Value™ of €0.80 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Scandinavian Medical Solutions AS ranks better than 51.95% on this metric.

Scandinavian Medical Solutions AS's average Accounts Payable for the six months ended in Mar. 2026 was €5.00 Mil. Scandinavian Medical Solutions AS's Cost of Goods Sold for the six months ended in Mar. 2026 was €11.60 Mil. Hence, Scandinavian Medical Solutions AS's Days Payable for the six months ended in Mar. 2026 was 78.69.

The historical rank and industry rank for Scandinavian Medical Solutions AS's Days Payable or its related term are showing as below:

FRA:K41' s Days Payable Range Over the Past 10 Years
Min: 48.04   Med: 69.25   Max: 78.14
Current: 71.69

During the past 7 years, Scandinavian Medical Solutions AS's highest Days Payable was 78.14. The lowest was 48.04. And the median was 69.25.

FRA:K41's Days Payable is ranked better than
51.95% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 68.07 vs FRA:K41: 71.69

Scandinavian Medical Solutions AS's Days Payable increased from Mar. 2025 (63.33) to Mar. 2026 (78.69). It may suggest that Scandinavian Medical Solutions AS delayed paying its suppliers.


Scandinavian Medical Solutions AS Days Payable Related Terms


Scandinavian Medical Solutions AS Days Payable Historical Data

* Premium members only.

The historical data trend for Scandinavian Medical Solutions AS'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.

Scandinavian Medical Solutions AS Days Payable Chart

Scandinavian Medical Solutions AS Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial 48.03 67.94 68.93 72.65 78.17

Scandinavian Medical Solutions AS Semi-Annual Data
Sep19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.44 63.66 63.33 77.46 78.69

FRA:K41 vs ABT, SYK, MDT: Days Payable Comparison

For the Medical Devices subindustry, Scandinavian Medical Solutions AS'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.


Scandinavian Medical Solutions AS Days Payable vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Scandinavian Medical Solutions AS's Days Payable falls into.


FRA:K41
67GF Score
Scandinavian Medical Solutions AS FRA:K41
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scandinavian Medical Solutions AS 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.

Scandinavian Medical Solutions AS's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (5.445 + 6.674) / 2 ) / 28.292*365
=6.0595 / 28.292*365
=78.17

Scandinavian Medical Solutions AS's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (6.674 + 3.33) / 2 ) / 11.601*365 / 2
=5.002 / 11.601*365 / 2
=78.69

* 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 78.69 mean?
Scandinavian Medical Solutions AS (FRA:K41) has a Days Payable of 78.69 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Scandinavian Medical Solutions AS and its competitors. This is 14% above median its historical median of 69.25. Over the past decade, Scandinavian Medical Solutions AS's Days Payable has ranged from 48.04 to 78.14. According to the industry distribution chart, Scandinavian Medical Solutions AS ranks #382 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 48.1%.
Is Scandinavian Medical Solutions AS's Days Payable too high?
Scandinavian Medical Solutions AS's current Days Payable of 78.69 is 14% above median its 10-year median of 69.25. Over the past 10 years, this metric has ranged from a low of 48.04 to a high of 78.14. The Medical Devices & Instruments industry median Days Payable is 68.07. Scandinavian Medical Solutions AS's value of 78.69 is 15.6% above this industry median. Based on the distribution chart, Scandinavian Medical Solutions AS ranks #382 out of 795 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Scandinavian Medical Solutions AS has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Medical Solutions AS's Days Payable compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Scandinavian Medical Solutions AS ranks #382 out of 795 companies for Days Payable. This puts Scandinavian Medical Solutions AS in the upper half of its industry. The industry median Days Payable is 68.07. Scandinavian Medical Solutions AS's value of 78.69 is 15.6% above this benchmark. Historically, Scandinavian Medical Solutions AS's own Days Payable has ranged from 48.04 to 78.14 over the past decade. While the company's 10-year median is 69.25 vs. the industry median of 68.07, Scandinavian Medical Solutions AS has consistently been above the industry average. 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. Scandinavian Medical Solutions AS's current Days Payable of 78.69 is 15.6% 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 Scandinavian Medical Solutions AS 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. Scandinavian Medical Solutions AS's current Days Payable is 78.69, which is 14% above median its own 10-year median of 69.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Medical Solutions AS stock overvalued right now?
Based on GuruFocus' analysis, Scandinavian Medical Solutions AS (FRA:K41) is currently considered Possible Value Trap. The stock's GF Value™ is €0.80, compared to a current price of €0.38 — trading 52.3% below its estimated fair value. The current Days Payable is 78.69, which is 14% above median its 10-year median of 69.25 and 15.6% above the Medical Devices & Instruments industry median of 68.07. Scandinavian Medical Solutions AS's overall GF Score™ is 67/100 with 7 warning signs to review. 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 Scandinavian Medical Solutions AS (FRA:K41), the current Days Payable is 78.69 as of Mar. 2026. 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.

Is Scandinavian Medical Solutions AS (FRA:K41) Overvalued in 2026?

Based on GuruFocus' analysis, Scandinavian Medical Solutions AS stock appears to be undervalued. The current stock price of €0.38 is trading 52.3% below its estimated GF Value™ of €0.80. GuruFocus considers Scandinavian Medical Solutions AS to be Possible Value Trap.

Key valuation signals for FRA:K41:

  • Days Payable: 78.69 (14% above median its 10-year median of 69.25)
  • GF Value™: €0.80 vs. price of €0.38 (52.3% below fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 15.6% above the Medical Devices & Instruments median (#382 of 795)

No single metric tells the full story. See the FRA:K41 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Scandinavian Medical Solutions AS Business Description

Other Exchanges SMSMED:Denmark
Address Gasvaerksvej 48, 1st Floor, Aalborg, DNK, 9000
Scandinavian Medical Solutions AS is a provider of Medical Imaging equipment. The company specializes in the acquisition, quality check, and resale of high-quality pre-owned medical imaging systems. The company supplies value-added resellers and distributors in various countries with MRI, CT, PET/CT, and other diagnostic scanners. It operates the business through three business areas, Equipment Solutions, Parts Solutions and Rental Solutions. Equipment Solutions is the company's main source of revenue, which focuses on sourcing, inspecting, and selling imaging systems such as MRI, CT, PET/CT, Cath-Lab, and Mammography units.
67GF Score

Get the complete analysis for FRA:K41

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.38
Price
€0.80
GF Value