MSGP (MedSmart Group) Days Payable: 2,890.97 (As of Sep. 2014)


What is MedSmart Group Days Payable?

MedSmart Group MSGP Days Payable is 2,890.97 as of Sep. 2014.

MedSmart Group's average Accounts Payable for the three months ended in Sep. 2014 was $1.74 Mil. MedSmart Group's Cost of Goods Sold for the three months ended in Sep. 2014 was $0.06 Mil. Hence, MedSmart Group's Days Payable for the three months ended in Sep. 2014 was 2,890.97.

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

MSGP's Days Payable is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 58.08
* Ranked among companies with meaningful Days Payable only.

MedSmart Group's Days Payable increased from Sep. 2013 (734.04) to Sep. 2014 (2,890.97). It may suggest that MedSmart Group delayed paying its suppliers.

MedSmart Group Days Payable Historical Data

* Premium members only.

The historical data trend for MedSmart Group'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.

MedSmart Group Days Payable Chart

MedSmart Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 9,271.00 4,123.15 641.41

MedSmart Group Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 734.04 341.74 1,099.74 2,430.93 2,890.97

MSGP vs BCYP, MBIOF, LOGX: Days Payable Comparison

For the Medical Care Facilities subindustry, MedSmart Group'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.

MedSmart Group Days Payable vs Healthcare Providers & Services Industry

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

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


MedSmart Group 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.

MedSmart Group'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
=( (0.39 + 0.573) / 2 ) / 0.274*365
=0.4815 / 0.274*365
=641.41

MedSmart Group's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Payable (Q: Sep. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2014 ) + Accounts Payable (Q: Sep. 2014 )) / count ) / Cost of Goods Sold (Q: Sep. 2014 )*Days in Period
=( (1.754 + 1.731) / 2 ) / 0.055*365 / 4
=1.7425 / 0.055*365 / 4
=2,890.97

* 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 2,890.97 mean?
MedSmart Group (MSGP) has a Days Payable of 2,890.97 as of Sep. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on MedSmart Group and its competitors.
Is MedSmart Group's Days Payable too high?
MedSmart Group's current Days Payable is 2,890.97. The Healthcare Providers & Services industry median Days Payable is 58.08. MedSmart Group's value of 2,890.97 is 4877.6% above this industry median.
How does MedSmart Group's Days Payable compare to BCYP and MBIOF?
MedSmart Group's Days Payable of 2,890.97 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Payable is 58.08. MedSmart Group's value of 2,890.97 is 4877.6% 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 58.08, based on 608 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. MedSmart Group's current Days Payable of 2,890.97 is 4877.6% 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 MedSmart Group and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 58.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MedSmart Group's current Days Payable is 2,890.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MedSmart Group stock overvalued right now?
MedSmart Group (MSGP) has a current Days Payable of 2,890.97. The current Days Payable is 2,890.97 and 4877.6% above the Healthcare Providers & Services industry median of 58.08. 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 MedSmart Group (MSGP), the current Days Payable is 2,890.97 as of Sep. 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.

MedSmart Group Business Description

Address 26 Broadway, Suite 934, New York, NY, USA, 10004
MedSmart Group Inc is a men wellness center. It is a professional network of medical centers specializing in Anti-Aging Treatments that improve the overall health and quality-of-life of male patients in a comfortable, casual and discreet setting.