MSPR (MSP Recovery) Days Payable : 650.35 (As of Sep. 2024)

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What is MSP Recovery Days Payable?

MSP Recovery's average Accounts Payable for the three months ended in Sep. 2024 was $11.91 Mil. MSP Recovery's Cost of Goods Sold for the three months ended in Sep. 2024 was $1.67 Mil. Hence, MSP Recovery's Days Payable for the three months ended in Sep. 2024 was 650.35.

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

MSPR' s Days Payable Range Over the Past 10 Years
Min: 970.64 Med: 2169.33 Max: 35145.29
Current: 970.64

During the past 4 years, MSP Recovery's highest Days Payable was 35145.29. The lowest was 970.64. And the median was 2169.33.

MSPR's Days Payable is ranked better than
95.29% of 595 companies
in the Healthcare Providers & Services industry
Industry Median: 57.14 vs MSPR: 970.64

MSP Recovery's Days Payable declined from Sep. 2023 (1,105.09) to Sep. 2024 (650.35). It may suggest that MSP Recovery accelerated paying its suppliers.

MSP Recovery Days Payable Historical Data

The historical data trend for MSP Recovery'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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MSP Recovery Days Payable Chart

MSP Recovery Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

3,090.85

35,145.29

1,157.82

1,247.81

MSP Recovery Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial										1,105.09	3,398.67	484.09	10,279.86	650.35

Competitive Comparison of MSP Recovery's Days Payable

For the Health Information Services subindustry, MSP Recovery'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.

MSP Recovery's Days Payable Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where MSP Recovery's Days Payable falls into.

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MSP Recovery 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.

MSP Recovery'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
=	( (8.422	+	6.244)	/	2 )	/	2.145	*	365
=	7.333					/	2.145	*	365
=	1,247.81

MSP Recovery'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
=	( (13.052	+	10.767)	/	2 )	/	1.671	*	365 / 4
=	11.9095					/	1.671	*	365 / 4
=	650.35

MSP Recovery Days Payable Related Terms

Thank you for viewing the detailed overview of MSP Recovery's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

MSP Recovery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MSP Recovery Inc (NAS:MSPR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2701 South Le Jeune Road, 10th Floor, Coral Gables, FL, USA, 33134

Website

https://www.msprecovery.com

MSP Recovery Inc is a healthcare recovery and data analytics company. The business model includes two principal lines of business: Claims Recovery and Chase to Pay Services. It offers an antiquated healthcare reimbursement system with data-driven solutions to secure recoveries against responsible parties. MSP Recovery provides the healthcare industry with comprehensive compliance solutions platform to recover any claims where the law places primary payment responsibility on another payer.

Executives

John Hasan Ruiz	director, 10 percent owner, officer: Chief Executive Officer	C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Cano Health, Inc.	10 percent owner	9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Frank Carlos Quesada	director, 10 percent owner, officer: See Remarks	C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Ricardo Rivera	officer: See Remarks	C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Nomura Securities International Inc	10 percent owner	WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Calvin Hamstra	officer: Chief Financial Officer	2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Alexandra Marie Plasencia	officer: General Counsel	C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Thomas W Hawkins	director	GERALD STEVENS INC, PO BOX 350526, FORT LAUDERDALE FL 33335-0526
Ophir Sternberg	director, 10 percent owner	C/O OPES ACQUISITION CORP., JAVIER BARROS SIERRA 540, OF. 103, MEXICO CITY O5 01210
Michael Frederick Arrigo	director	2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Nomura Holdings Inc	10 percent owner	1-13-1 NIHONBASHI, CHUO-KU, TOKYO M0 103-8645
Oliver Spv Holdings Llc	10 percent owner	822 OLIVER ST., WOODMERE NY 11598
Boris Hirmas	10 percent owner	4128 NE 2ND AVENUE, MIAMI FL 33137
Jls Equities Llc	10 percent owner	58 LARCH HILL ROAD, LAWRENCE NY 11559
Jessica Wasserstrom	10 percent owner	4128 NE 2ND AVENUE, MIAMI FL 33137