HADV (Health Advance) Days Payable: 0.00 (As of Sep. 2017)


What is Health Advance Days Payable?

Health Advance HADV Days Payable is 0.00 as of Sep. 2017.

Health Advance's average Accounts Payable for the three months ended in Sep. 2017 was $0.02 Mil. Health Advance's Cost of Goods Sold for the three months ended in Sep. 2017 was $0.00 Mil.

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

HADV's Days Payable is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 58.205
* Ranked among companies with meaningful Days Payable only.

Health Advance's Days Payable stayed the same from Jul. 2016 (0.00) to Sep. 2017 (0.00). stayed the same

Health Advance Days Payable Historical Data

* Premium members only.

The historical data trend for Health Advance'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.

Health Advance Days Payable Chart

Health Advance Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15
Days Payable
0.00 0.00 0.00 0.00 0.00

Health Advance Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Sep17
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

HADV vs MYDP, HEWA, RXMD: Days Payable Comparison

For the Pharmaceutical Retailers subindustry, Health Advance'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.

Health Advance Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Health Advance's Days Payable distribution charts can be found below:

* The bar in red indicates where Health Advance's Days Payable falls into.


Health Advance 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.

Health Advance's Days Payable for the fiscal year that ended in Jul. 2015 is calculated as

Days Payable (A: Jul. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2014 ) + Accounts Payable (A: Jul. 2015 )) / count ) / Cost of Goods Sold (A: Jul. 2015 )*Days in Period
=( (0.041 + 0.051) / 2 ) / 0*365
=0.046 / 0*365
=N/A

Health Advance's Days Payable for the quarter that ended in Sep. 2017 is calculated as:

Days Payable (Q: Sep. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2017 ) + Accounts Payable (Q: Sep. 2017 )) / count ) / Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=( (0.012 + 0.018) / 2 ) / 0*365 / 4
=0.015 / 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?
Health Advance (HADV) has a Days Payable of 0.00 as of Sep. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Health Advance and its competitors.
Is Health Advance's Days Payable too high?
Health Advance's current Days Payable is 0.00.
How does Health Advance's Days Payable compare to MYDP and HEWA?
Health Advance's Days Payable of 0.00 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Payable is 58.21. 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 58.21, based on 606 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 Health Advance and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 58.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Health Advance'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 Health Advance stock overvalued right now?
Health Advance (HADV) 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 Health Advance (HADV), the current Days Payable is 0.00 as of Sep. 2017. 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.

Health Advance Business Description

Address 9131 Keele Street, Suite A4, Vaughan, ON, CAN, L4K 0G7
Health Advance Inc is engaged in the retail domain. The Company is focused on products that are oriented to health and wellness. The first example of this is a proprietary CBD-infused wine beverage. The company is in the analysis stage for Immune boosting nutraceuticals, and human wellness products.