MEDD (Medical Imaging) Days Payable: 167.75 (As of Sep. 2018)


What is Medical Imaging Days Payable?

Medical Imaging MEDD Days Payable is 167.75 as of Sep. 2018.

Medical Imaging's average Accounts Payable for the three months ended in Sep. 2018 was $1.76 Mil. Medical Imaging's Cost of Goods Sold for the three months ended in Sep. 2018 was $0.96 Mil. Hence, Medical Imaging's Days Payable for the three months ended in Sep. 2018 was 167.75.

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

MEDD's Days Payable is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 67.275
* Ranked among companies with meaningful Days Payable only.

Medical Imaging's Days Payable declined from Sep. 2017 (208.73) to Sep. 2018 (167.75). It may suggest that Medical Imaging accelerated paying its suppliers.

Medical Imaging Days Payable Historical Data

* Premium members only.

The historical data trend for Medical Imaging'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.

Medical Imaging Days Payable Chart

Medical Imaging Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.98 50.54 89.54 141.61 174.54

Medical Imaging Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 208.73 103.97 180.48 226.27 167.75

MEDD vs TEAR, INVB, DCTH: Days Payable Comparison

For the Diagnostics & Research subindustry, Medical Imaging'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.

Medical Imaging Days Payable vs Medical Diagnostics & Research Industry

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

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


Medical Imaging 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.

Medical Imaging's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (1.773 + 2.308) / 2 ) / 4.267*365
=2.0405 / 4.267*365
=174.54

Medical Imaging's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

Days Payable (Q: Sep. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=( (1.744 + 1.782) / 2 ) / 0.959*365 / 4
=1.763 / 0.959*365 / 4
=167.75

* 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 167.75 mean?
Medical Imaging (MEDD) has a Days Payable of 167.75 as of Sep. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Medical Imaging and its competitors.
Is Medical Imaging's Days Payable too high?
Medical Imaging's current Days Payable is 167.75. The Medical Diagnostics & Research industry median Days Payable is 67.28. Medical Imaging's value of 167.75 is 149.3% above this industry median.
How does Medical Imaging's Days Payable compare to TEAR and INVB?
Medical Imaging's Days Payable of 167.75 can be compared against companies in the Medical Diagnostics & Research industry. The industry median Days Payable is 67.28. Medical Imaging's value of 167.75 is 149.3% 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 Diagnostics & Research company?
The median Days Payable among Medical Diagnostics & Research companies is 67.28, based on 190 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. Medical Imaging's current Days Payable of 167.75 is 149.3% 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 Medical Imaging and its competitors. For the Medical Diagnostics & Research industry, the median Days Payable is 67.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medical Imaging's current Days Payable is 167.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Imaging stock overvalued right now?
Medical Imaging (MEDD) has a current Days Payable of 167.75. The current Days Payable is 167.75 and 149.3% above the Medical Diagnostics & Research industry median of 67.28. 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 Medical Imaging (MEDD), the current Days Payable is 167.75 as of Sep. 2018. 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.

Medical Imaging Business Description

Address 848 N Rainbow Boulevard, No. 2494, Las Vegas, NV, USA, 89107
Medical Imaging Corp is a United States-based healthcare services company focused on the acquisition of existing full-service imaging clinics. Through its subsidiaries, the firm provides medical diagnostic imaging services. The services provided include magnetic resonance imaging, CT scans, ultrasound, X-ray, and others. The group has operations in the United States and Canada. The organization generates revenue from the medical scans services and teleradiology services, of which medical scans services contributes the maximum to the revenue.