HYDTF (Hydreight Technologies) Days Payable : 33.62 (As of Sep. 2024)

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What is Hydreight Technologies Days Payable?

Hydreight Technologies's average Accounts Payable for the three months ended in Sep. 2024 was $0.81 Mil. Hydreight Technologies's Cost of Goods Sold for the three months ended in Sep. 2024 was $2.21 Mil. Hence, Hydreight Technologies's Days Payable for the three months ended in Sep. 2024 was 33.62.

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

HYDTF' s Days Payable Range Over the Past 10 Years
Min: 53.08 Med: 80.17 Max: 139.09
Current: 53.08

During the past 5 years, Hydreight Technologies's highest Days Payable was 139.09. The lowest was 53.08. And the median was 80.17.

HYDTF's Days Payable is ranked worse than
55.99% of 593 companies
in the Healthcare Providers & Services industry
Industry Median: 57.56 vs HYDTF: 53.08

Hydreight Technologies's Days Payable declined from Sep. 2023 (43.79) to Sep. 2024 (33.62). It may suggest that Hydreight Technologies accelerated paying its suppliers.

Hydreight Technologies Days Payable Historical Data

The historical data trend for Hydreight Technologies'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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Hydreight Technologies Days Payable Chart

Hydreight Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

53.88

138.77

88.24

73.62

Hydreight Technologies Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial										43.79	70.07	81.16	54.39	33.62

Competitive Comparison of Hydreight Technologies's Days Payable

For the Health Information Services subindustry, Hydreight Technologies'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.

Hydreight Technologies's Days Payable Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Hydreight Technologies's Days Payable falls into.

Hydreight Technologies 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.

Hydreight Technologies's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.55	+	1.419)	/	2 )	/	4.881	*	365
=	0.9845					/	4.881	*	365
=	73.62

Hydreight Technologies's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.806	+	0.822)	/	2 )	/	2.209	*	365 / 4
=	0.814					/	2.209	*	365 / 4
=	33.62

Hydreight Technologies Days Payable Related Terms

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Hydreight Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hydreight Technologies Inc (OTCPK:HYDTF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SO6:Germany NURS:Canada

Address

1500 West Georgia Street, Suite 800, Vancouver, BC, CAN, V6G 2Z6

Website

https://www.hydreight.com

Hydreight Technologies Inc is a home healthcare and wellness platform that bridges the gap between provider compliance and patient convenience, empowering nurses, med spa technicians, and other licensed healthcare professionals. It delivers services independently, on its own terms, or adds mobile services to existing location-based operations. The platform includes a built-in, easy-to-use suite of fully-integrated tools for accounting, documentation, sales, inventory, booking, managing patient data, and more, Hydreight has a 503B pharmacy license and is a U.S. certified e-script and telemedicine provider that allows it to provide services in over 50 states.