LCDX (Caliber Imaging & Diagnostics) Days Payable: 114.57 (As of Mar. 2014)


What is Caliber Imaging & Diagnostics Days Payable?

Caliber Imaging & Diagnostics LCDX Days Payable is 114.57 as of Mar. 2014.

Caliber Imaging & Diagnostics's average Accounts Payable for the three months ended in Mar. 2014 was $0.90 Mil. Caliber Imaging & Diagnostics's Cost of Goods Sold for the three months ended in Mar. 2014 was $0.72 Mil. Hence, Caliber Imaging & Diagnostics's Days Payable for the three months ended in Mar. 2014 was 114.57.

The historical rank and industry rank for Caliber Imaging & Diagnostics's Days Payable or its related term are showing as below:

LCDX's Days Payable is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 67.87
* Ranked among companies with meaningful Days Payable only.

Caliber Imaging & Diagnostics's Days Payable declined from Mar. 2013 (120.79) to Mar. 2014 (114.57). It may suggest that Caliber Imaging & Diagnostics accelerated paying its suppliers.

Caliber Imaging & Diagnostics Days Payable Historical Data

* Premium members only.

The historical data trend for Caliber Imaging & Diagnostics'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.

Caliber Imaging & Diagnostics Days Payable Chart

Caliber Imaging & Diagnostics Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Days Payable
673.45 485.71 238.60 178.55 101.34

Caliber Imaging & Diagnostics Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 120.79 123.44 87.35 67.69 114.57

LCDX vs VICA, CRVW, RSLS: Days Payable Comparison

For the Medical Devices subindustry, Caliber Imaging & Diagnostics'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.

Caliber Imaging & Diagnostics Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Caliber Imaging & Diagnostics's Days Payable distribution charts can be found below:

* The bar in red indicates where Caliber Imaging & Diagnostics's Days Payable falls into.


Caliber Imaging & Diagnostics 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.

Caliber Imaging & Diagnostics's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable (A: Dec. 2013 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2012 ) + Accounts Payable (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (0.956 + 0.536) / 2 ) / 2.687*365
=0.746 / 2.687*365
=101.34

Caliber Imaging & Diagnostics's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable (Q: Mar. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2013 ) + Accounts Payable (Q: Mar. 2014 )) / count ) / Cost of Goods Sold (Q: Mar. 2014 )*Days in Period
=( (0.536 + 1.262) / 2 ) / 0.716*365 / 4
=0.899 / 0.716*365 / 4
=114.57

* 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 114.57 mean?
Caliber Imaging & Diagnostics (LCDX) has a Days Payable of 114.57 as of Mar. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Caliber Imaging & Diagnostics and its competitors.
Is Caliber Imaging & Diagnostics' Days Payable too high?
Caliber Imaging & Diagnostics' current Days Payable is 114.57. The Medical Devices & Instruments industry median Days Payable is 67.87. Caliber Imaging & Diagnostics' value of 114.57 is 68.8% above this industry median.
How does Caliber Imaging & Diagnostics' Days Payable compare to VICA and CRVW?
Caliber Imaging & Diagnostics' Days Payable of 114.57 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 67.87. Caliber Imaging & Diagnostics' value of 114.57 is 68.8% 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 795 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. Caliber Imaging & Diagnostics's current Days Payable of 114.57 is 68.8% 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 Caliber Imaging & Diagnostics 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. Caliber Imaging & Diagnostics's current Days Payable is 114.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caliber Imaging & Diagnostics stock overvalued right now?
Caliber Imaging & Diagnostics (LCDX) has a current Days Payable of 114.57. The current Days Payable is 114.57 and 68.8% 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 Caliber Imaging & Diagnostics (LCDX), the current Days Payable is 114.57 as of Mar. 2014. 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.

Caliber Imaging & Diagnostics Business Description

Address 50 Methodist Hill Drive, Suite 1000, Rochester, NY, USA, 14623
Caliber Imaging & Diagnostics Inc is a medical device company engaged in developing, manufacturing, marketing & selling point-of-care cellular imaging systems to diagnose skin cancer. It offers clinical imaging and research imaging solutions that shows tissue at the cellular level. Its products portfolio includes; VivaScope; VivaScope 3000, 1500 & 2500; and VivaNet and VivaScan.