FZMD (Fuse Medical) Days Payable: 262.43 (As of Jun. 2023)

What is Fuse Medical Days Payable?

Fuse Medical FZMD 12 Days Payable is 262.43 as of Jun. 2023. GuruFocus rates FZMD with a GF Score™ of 12/100.

Fuse Medical's average Accounts Payable for the three months ended in Jun. 2023 was $4.39 Mil. Fuse Medical's Cost of Goods Sold for the three months ended in Jun. 2023 was $1.53 Mil. Hence, Fuse Medical's Days Payable for the three months ended in Jun. 2023 was 262.43.

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

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

Fuse Medical's Days Payable increased from Jun. 2022 (210.40) to Jun. 2023 (262.43). It may suggest that Fuse Medical delayed paying its suppliers.

Fuse Medical Days Payable Related Terms

Fuse Medical Days Payable Historical Data

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The historical data trend for Fuse Medical'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.

Fuse Medical Days Payable Chart

Fuse Medical Annual Data

Trend

Aug13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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72.45

84.80

125.72

165.73

261.10

Fuse Medical Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Payable	Get a 7-Day Free Trial															210.40	295.67	211.20	400.43	262.43

FZMD vs GTHP, SONX, PBIO: Days Payable Comparison

For the Medical Devices subindustry, Fuse Medical'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.

Fuse Medical Days Payable vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Fuse Medical's Days Payable falls into.

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Fuse Medical Inc FZMD

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Fuse Medical 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.

Fuse Medical'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
=	( (4.462	+	5.7)	/	2 )	/	7.103	*	365
=	5.081					/	7.103	*	365
=	261.10

Fuse Medical's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (4.551	+	4.238)	/	2 )	/	1.528	*	365 / 4
=	4.3945					/	1.528	*	365 / 4
=	262.43

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 262.43 mean?

Fuse Medical (FZMD) has a Days Payable of 262.43 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Fuse Medical and its competitors.

Is Fuse Medical's Days Payable too high?

Fuse Medical's current Days Payable is 262.43. The Medical Devices & Instruments industry median Days Payable is 68.14. Fuse Medical's value of 262.43 is 285.1% above this industry median. Overall, Fuse Medical has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Fuse Medical's Days Payable compare to GTHP and SONX?

Fuse Medical's Days Payable of 262.43 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 68.14. Fuse Medical's value of 262.43 is 285.1% 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. Fuse Medical's current Days Payable of 262.43 is 285.1% 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 Fuse Medical 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. Fuse Medical's current Days Payable is 262.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Fuse Medical stock overvalued right now?

Fuse Medical (FZMD) has a current Days Payable of 262.43. The current Days Payable is 262.43 and 285.1% above the Medical Devices & Instruments industry median of 68.14. Fuse Medical's overall GF Score™ is 12/100. 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 Fuse Medical (FZMD), the current Days Payable is 262.43 as of Jun. 2023. 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.

Fuse Medical Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies GTHP SONX PBIO TBIO BIOL AIMD QLIS VVOS VAPO CMXC ABT SYK BSX MDT XTER:SHL EW DXCM SZSE:300760 XAMS:PHIA ZBH

Address 4343 Sigma Road, Suite 500, Farmers Branch, TX, USA, 75244

Website https://www.fusemedical.com

Fuse Medical Inc is a manufacturer, distributor, and wholesaler of medical device implants, offering portfolio of orthopedic implants and biologics including: internal fixation products, upper and lower extremity plating and total joint reconstruction implants, soft tissue fixation and augmentation for sports medicine procedures, spinal implants for trauma, degenerative disc disease and deformity indications, and osteo-biologics, regenerative and connective tissues, which include human allografts, substitute bone materials, tendons, and regenerative tissues. Its portfolio of Orthopedic Implants and Biologics provide products to assist surgeons with positive patient outcomes and cost-effective solutions for its customers including hospitals, medical facilities, and sub-distributors.

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