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Precheck Health Service (Precheck Health Service) Days Payable : 376.41 (As of Sep. 2019)


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What is Precheck Health Service Days Payable?

Precheck Health Service's average Accounts Payable for the three months ended in Sep. 2019 was $0.12 Mil. Precheck Health Service's Cost of Goods Sold for the three months ended in Sep. 2019 was $0.03 Mil. Hence, Precheck Health Service's Days Payable for the three months ended in Sep. 2019 was 376.41.

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

HLTY's Days Payable is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 72.505
* Ranked among companies with meaningful Days Payable only.

Precheck Health Service's Days Payable increased from Sep. 2018 (0.00) to Sep. 2019 (376.41). It may suggest that Precheck Health Service delayed paying its suppliers.


Precheck Health Service Days Payable Historical Data

The historical data trend for Precheck Health Service'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.

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Precheck Health Service Days Payable Chart

Precheck Health Service Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Days Payable
206.30 161.84 - 784.75

Precheck Health Service Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 - 197.49 540.98 - 376.41

Competitive Comparison of Precheck Health Service's Days Payable

For the Medical Devices subindustry, Precheck Health Service'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.


Precheck Health Service's Days Payable Distribution in the Medical Devices & Instruments Industry

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

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



Precheck Health Service 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.

Precheck Health Service's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0.111 + 0.19) / 2 ) / 0.07*365
=0.1505 / 0.07*365
=784.75

Precheck Health Service's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

Days Payable (Q: Sep. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2019 ) + Accounts Payable (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (0.098 + 0.133) / 2 ) / 0.028*365 / 4
=0.1155 / 0.028*365 / 4
=376.41

* 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.


Precheck Health Service Days Payable Related Terms

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Precheck Health Service (Precheck Health Service) Business Description

Traded in Other Exchanges
N/A
Address
305 West Woodard Street, Suite 221, Denison, TX, USA, 75020
Precheck Health Service Inc operates in the distribution of medical screening device. The PC8B medical device helps in guiding the patient's health.