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

What is Precheck Health Service Days Payable?

Precheck Health Service HLTY Days Payable is 376.41 as of Sep. 2019.

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: 67.87
* 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 Related Terms

Precheck Health Service Days Payable Historical Data

* Premium members only.

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.

Precheck Health Service Days Payable Chart

Precheck Health Service Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Days Payable

206.30

161.84

0.00

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													0.00	197.49	540.98	0.00	376.41

HLTY vs AEMD, ABMT, LLIT: Days Payable Comparison

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 Days Payable vs 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.

Save Embed

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

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 376.41 mean?

Precheck Health Service (HLTY) has a Days Payable of 376.41 as of Sep. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Precheck Health Service and its competitors.

Is Precheck Health Service's Days Payable too high?

Precheck Health Service's current Days Payable is 376.41. The Medical Devices & Instruments industry median Days Payable is 67.87. Precheck Health Service's value of 376.41 is 454.6% above this industry median.

How does Precheck Health Service's Days Payable compare to AEMD and ABMT?

Precheck Health Service's Days Payable of 376.41 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 67.87. Precheck Health Service's value of 376.41 is 454.6% 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 67.87, based on 793 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. Precheck Health Service's current Days Payable of 376.41 is 454.6% 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 Precheck Health Service and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Precheck Health Service's current Days Payable is 376.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Precheck Health Service stock overvalued right now?

Precheck Health Service (HLTY) has a current Days Payable of 376.41. The current Days Payable is 376.41 and 454.6% above the Medical Devices & Instruments industry median of 67.87. 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 Precheck Health Service (HLTY), the current Days Payable is 376.41 as of Sep. 2019. 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.

Precheck Health Service Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies AEMD ABMT LLIT ADMT HYBT AVGR MYO ALRT VIVE DYNT ABT MDT SYK BSX SZSE:300760 EW ZBH ALGN LSE:SN.BIO

Address 305 West Woodard Street, Suite 221, Denison, TX, USA, 75020

Website https://precheckhealth.com

Precheck Health Service Inc operates in the distribution of medical screening device. The PC8B medical device helps in guiding the patient's health.