MDXHF (Medx Health) Days Payable: 315.62 (As of Mar. 2026) — 50% Below Median


What is Medx Health Days Payable?

Medx Health MDXHF Days Payable is 315.62 as of Mar. 2026, which is 50% below its 10-year median of 633.22. The stock has 8 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Medx Health ranks better than 94.09% on this metric.

Medx Health's average Accounts Payable for the three months ended in Mar. 2026 was $0.29 Mil. Medx Health's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.09 Mil. Hence, Medx Health's Days Payable for the three months ended in Mar. 2026 was 315.62.

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

MDXHF' s Days Payable Range Over the Past 10 Years
Min: 107.82   Med: 633.22   Max: 1148.64
Current: 610.84

During the past 13 years, Medx Health's highest Days Payable was 1148.64. The lowest was 107.82. And the median was 633.22.

MDXHF's Days Payable is ranked better than
94.09% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 68.07 vs MDXHF: 610.84

Medx Health's Days Payable declined from Mar. 2025 (887.61) to Mar. 2026 (315.62). It may suggest that Medx Health accelerated paying its suppliers.


Medx Health Days Payable Historical Data

* Premium members only.

The historical data trend for Medx Health'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.

Medx Health Days Payable Chart

Medx Health Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 668.09 774.02 838.05 620.32 493.37

Medx Health Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only 887.61 959.00 684.38 675.52 315.62

MDXHF vs ABT, SYK, MDT: Days Payable Comparison

For the Medical Devices subindustry, Medx Health'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.


Medx Health Days Payable vs Medical Devices & Instruments Industry

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

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



Medx Health 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.

Medx Health's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.237 + 0.401) / 2 ) / 0.236*365
=0.319 / 0.236*365
=493.37

Medx Health's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.401 + 0.187) / 2 ) / 0.085*365 / 4
=0.294 / 0.085*365 / 4
=315.62

* 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 315.62 mean?
Medx Health (MDXHF) has a Days Payable of 315.62 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Medx Health and its competitors. This is 50% below median its historical median of 633.22. Over the past decade, Medx Health's Days Payable has ranged from 107.82 to 1,148.64. According to the industry distribution chart, Medx Health ranks #47 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 5.9%.
Is Medx Health's Days Payable too high?
Medx Health's current Days Payable of 315.62 is 50% below median its 10-year median of 633.22. Over the past 10 years, this metric has ranged from a low of 107.82 to a high of 1,148.64. The Medical Devices & Instruments industry median Days Payable is 68.07. Medx Health's value of 315.62 is 363.7% above this industry median. Based on the distribution chart, Medx Health ranks #47 out of 795 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers.
How does Medx Health's Days Payable compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Medx Health ranks #47 out of 795 companies for Days Payable. This places Medx Health in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 68.07. Medx Health's value of 315.62 is 363.7% above this benchmark. Historically, Medx Health's own Days Payable has ranged from 107.82 to 1,148.64 over the past decade. While the company's 10-year median is 633.22 vs. the industry median of 68.07, Medx Health has consistently been above the industry average. 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 68.07, 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. Medx Health's current Days Payable of 315.62 is 363.7% 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 Medx Health and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medx Health's current Days Payable is 315.62, which is 50% below median its own 10-year median of 633.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medx Health stock overvalued right now?
Based on GuruFocus' analysis, Medx Health (MDXHF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.01 — trading 20% above its estimated fair value. The current Days Payable is 315.62, which is 50% below median its 10-year median of 633.22 and 363.7% above the Medical Devices & Instruments industry median of 68.07. 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 Medx Health (MDXHF), the current Days Payable is 315.62 as of Mar. 2026. 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.

Medx Health Business Description

Other Exchanges MDX:Canada
Address 1495 Bonhill Road, Unit 1, Mississauga, ON, CAN, L5T 1M2
Medx Health Corp is engaged in the development, manufacturing, and marketing skin-related screening tools and phototherapy devices for pain relief and tissue repair, marketing the latter in Canada and the United States while the skin related screening tools are also marketed in Europe, Australia and selected markets in Latin America. It offers DermSecure, and MedX Laser Therapy.