Ultrasis (LSE:ULT) Days Payable: 434.72 (As of Jul. 2014)


What is Ultrasis Days Payable?

Ultrasis LSE:ULT Days Payable is 434.72 as of Jul. 2014. The stock has 2 warning signs investors should review.

Ultrasis's average Accounts Payable for the six months ended in Jul. 2014 was £0.32 Mil. Ultrasis's Cost of Goods Sold for the six months ended in Jul. 2014 was £0.27 Mil. Hence, Ultrasis's Days Payable for the six months ended in Jul. 2014 was 217.36.

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

LSE:ULT's Days Payable is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 58.205
* Ranked among companies with meaningful Days Payable only.

Ultrasis's Days Payable declined from Jul. 2012 (2,203.52) to Jul. 2014 (434.72). It may suggest that Ultrasis accelerated paying its suppliers.

Ultrasis Days Payable Historical Data

* Premium members only.

The historical data trend for Ultrasis'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.

Ultrasis Days Payable Chart

Ultrasis Annual Data
Trend Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 835.44 418.92 2,203.52 3,440.13 434.72

Ultrasis Semi-Annual Data
Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14
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 Premium Member Only 835.44 418.92 2,203.52 3,440.13 434.72

Ultrasis Days Payable Competitor Comparison

For the Health Information Services subindustry, Ultrasis'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.

Ultrasis Days Payable vs Healthcare Providers & Services Industry

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

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


Ultrasis 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.

Ultrasis's Days Payable for the fiscal year that ended in Jul. 2014 is calculated as

Days Payable (A: Jul. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2013 ) + Accounts Payable (A: Jul. 2014 )) / count ) / Cost of Goods Sold (A: Jul. 2014 )*Days in Period
=( (0.118 + 0.518) / 2 ) / 0.267*365
=0.318 / 0.267*365
=434.72

Ultrasis's Days Payable for the quarter that ended in Jul. 2014 is calculated as:

Days Payable (Q: Jul. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2013 ) + Accounts Payable (Q: Jul. 2014 )) / count ) / Cost of Goods Sold (Q: Jul. 2014 )*Days in Period
=( (0.118 + 0.518) / 2 ) / 0.267*365 / 2
=0.318 / 0.267*365 / 2
=217.36

* 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 434.72 mean?
Ultrasis (LSE:ULT) has a Days Payable of 434.72 as of Jul. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ultrasis and its competitors.
Is Ultrasis' Days Payable too high?
Ultrasis' current Days Payable is 434.72. The Healthcare Providers & Services industry median Days Payable is 58.21. Ultrasis' value of 434.72 is 646.9% above this industry median.
How does Ultrasis' Days Payable compare to competitors?
Ultrasis' Days Payable of 434.72 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Payable is 58.21. Ultrasis' value of 434.72 is 646.9% 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 58.21, based on 606 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. Ultrasis's current Days Payable of 434.72 is 646.9% 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 Ultrasis and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 58.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultrasis's current Days Payable is 434.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultrasis stock overvalued right now?
Ultrasis (LSE:ULT) has a current Days Payable of 434.72. The current Days Payable is 434.72 and 646.9% above the Healthcare Providers & Services industry median of 58.21. 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 Ultrasis (LSE:ULT), the current Days Payable is 434.72 as of Jul. 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.

Ultrasis Business Description

Ultrasis PLC was incorporated in November 23, 1981. The Company through its subsidiary provides healthcare products and services provided via the medium of technology or face to face, that help people maintain, regain and improve their physical, psychological and social well-being. Its product includes Beating the Blues(r), GetFit Wellness, My Brain Solutions, The Relief Series, Drink & Drug Wise, Calm Workplace, and Optimise Me, Screenetics and Joggle.