HIT (Health In Tech) Days Payable: 186.20 (As of Jun. 2026) — 17% Below Median

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HIT Health In Tech Inc HIT
19 GF Score
Price $1.02
! 2 Warning Signs
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What is Health In Tech Days Payable?

Health In Tech HIT -0.97% 19 Days Payable is 186.20 as of Jun. 2026, which is 17% below its 10-year median of 223.47. GuruFocus rates HIT with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 2,612 Software companies, Health In Tech ranks better than 77.68% on this metric.

Health In Tech's average Accounts Payable for the three months ended in Jun. 2026 was $8.44 Mil. Health In Tech's Cost of Goods Sold for the three months ended in Jun. 2026 was $4.14 Mil. Hence, Health In Tech's Days Payable for the three months ended in Jun. 2026 was 186.20.

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

HIT' s Days Payable Range Over the Past 10 Years
Min: 89.08   Med: 223.47   Max: 517.99
Current: 143.29

During the past 4 years, Health In Tech's highest Days Payable was 517.99. The lowest was 89.08. And the median was 223.47.

HIT's Days Payable is ranked better than
77.68% of 2612 companies
in the Software industry
Industry Median: 51.8 vs HIT: 143.29

Health In Tech's Days Payable increased from Jun. 2025 (148.93) to Jun. 2026 (186.20). It may suggest that Health In Tech delayed paying its suppliers.


Health In Tech Days Payable Historical Data

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The historical data trend for Health In Tech'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 In Tech Days Payable Chart

Health In Tech Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
517.99 245.16 201.78 89.08

Health In Tech Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 148.93 117.57 114.52 119.41 186.20

HIT vs AEYE, IDN, RSSS: Days Payable Comparison

For the Software - Application subindustry, Health In Tech'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 In Tech Days Payable vs Software Industry

For the Software industry and Technology sector, Health In Tech's Days Payable distribution charts can be found below:

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


HIT
19GF Score
Health In Tech Inc HIT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Health In Tech 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 In Tech's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1.859 + 4.189) / 2 ) / 12.39*365
=3.024 / 12.39*365
=89.08

Health In Tech's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (6.968 + 9.907) / 2 ) / 4.135*365 / 4
=8.4375 / 4.135*365 / 4
=186.20

* 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 186.20 mean?
Health In Tech (HIT) has a Days Payable of 186.20 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Health In Tech and its competitors. This is 17% below median its historical median of 223.47. Over the past decade, Health In Tech's Days Payable has ranged from 89.08 to 517.99. According to the industry distribution chart, Health In Tech ranks #583 out of 2612 companies in the Software industry, placing it in the top 22.3%.
Is Health In Tech's Days Payable too high?
Health In Tech's current Days Payable of 186.20 is 17% below median its 10-year median of 223.47. Over the past 10 years, this metric has ranged from a low of 89.08 to a high of 517.99. The Software industry median Days Payable is 51.80. Health In Tech's value of 186.20 is 259.5% above this industry median. Based on the distribution chart, Health In Tech ranks #583 out of 2612 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Health In Tech has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Health In Tech's Days Payable compare to AEYE and IDN?
According to the Software industry distribution chart, Health In Tech ranks #583 out of 2612 companies for Days Payable. This places Health In Tech in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.80. Health In Tech's value of 186.20 is 259.5% above this benchmark. Historically, Health In Tech's own Days Payable has ranged from 89.08 to 517.99 over the past decade. While the company's 10-year median is 223.47 vs. the industry median of 51.80, Health In Tech 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 Software company?
The median Days Payable among Software companies is 51.80, based on 2,612 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. Health In Tech's current Days Payable of 186.20 is 259.5% 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 Health In Tech and its competitors. For the Software industry, the median Days Payable is 51.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Health In Tech's current Days Payable is 186.20, which is 17% below median its own 10-year median of 223.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Health In Tech stock overvalued right now?
Health In Tech (HIT) has a current Days Payable of 186.20. The current Days Payable is 186.20, which is 17% below median its 10-year median of 223.47 and 259.5% above the Software industry median of 51.80. Health In Tech's overall GF Score™ is 19/100 with 2 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 Health In Tech (HIT), the current Days Payable is 186.20 as of Jun. 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.

Health In Tech Business Description

Address 701 South Colorado Avenue, Suite 1, Stuart, FL, USA, 34994
Health In Tech Inc is an AI-enabled insurance technology platform company that offers a marketplace that improves processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, it streamlines the underwriting, sales, and service process for insurance companies, licensed brokers, Managing General Underwriter (MGUs), and third-party administrators (TPAs). The company's platform serves as a marketplace for brokers, TPAs, MGUs and carriers with self-funded health insurance options for employers. The platform includes functions such as plan customization, stop-loss quoting, underwriting, claims administration, and reporting integration.
19GF Score

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