NGMDF (NuGen Medical Devices) Days Payable: 4,340.08 (As of Mar. 2026) — Near Median


What is NuGen Medical Devices Days Payable?

NuGen Medical Devices NGMDF Days Payable is 4,340.08 as of Mar. 2026, which is 8% below its 10-year median of 4,694.74. The stock has 7 warning signs investors should review. Among 795 Medical Devices & Instruments companies, NuGen Medical Devices ranks better than 96.73% on this metric.

NuGen Medical Devices's average Accounts Payable for the three months ended in Mar. 2026 was $0.38 Mil. NuGen Medical Devices's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.01 Mil. Hence, NuGen Medical Devices's Days Payable for the three months ended in Mar. 2026 was 4,340.08.

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

NGMDF' s Days Payable Range Over the Past 10 Years
Min: 612.2   Med: 4694.74   Max: 23023.08
Current: 1964.13

During the past 6 years, NuGen Medical Devices's highest Days Payable was 23023.08. The lowest was 612.20. And the median was 4694.74.

NGMDF's Days Payable is ranked better than
96.73% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 67.87 vs NGMDF: 1964.13

NuGen Medical Devices's Days Payable increased from Mar. 2025 (965.73) to Mar. 2026 (4,340.08). It may suggest that NuGen Medical Devices delayed paying its suppliers.


NuGen Medical Devices Days Payable Historical Data

* Premium members only.

The historical data trend for NuGen Medical Devices'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.

NuGen Medical Devices Days Payable Chart

NuGen Medical Devices Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 6,722.08 8,175.06 2,627.12 633.70 1,700.66

NuGen Medical Devices 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 965.73 4,608.13 2,714.69 820.02 4,340.08

NGMDF vs ABT, SYK, MDT: Days Payable Comparison

For the Medical Devices subindustry, NuGen Medical Devices'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.


NuGen Medical Devices Days Payable vs Medical Devices & Instruments Industry

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

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



NuGen Medical Devices 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.

NuGen Medical Devices'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
=( (0.467 + 0.381) / 2 ) / 0.091*365
=0.424 / 0.091*365
=1,700.66

NuGen Medical Devices'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
=( (0.381 + 0.38) / 2 ) / 0.008*365 / 4
=0.3805 / 0.008*365 / 4
=4,340.08

* 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 4,340.08 mean?
NuGen Medical Devices (NGMDF) has a Days Payable of 4,340.08 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 NuGen Medical Devices and its competitors. This is near median its historical median of 4,694.74. Over the past decade, NuGen Medical Devices' Days Payable has ranged from 612.20 to 23,023.08. According to the industry distribution chart, NuGen Medical Devices ranks #26 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 3.3%.
Is NuGen Medical Devices' Days Payable too high?
NuGen Medical Devices' current Days Payable of 4,340.08 is near median its 10-year median of 4,694.74. Over the past 10 years, this metric has ranged from a low of 612.20 to a high of 23,023.08. The Medical Devices & Instruments industry median Days Payable is 67.87. NuGen Medical Devices' value of 4,340.08 is 6294.7% above this industry median. Based on the distribution chart, NuGen Medical Devices ranks #26 out of 795 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers.
How does NuGen Medical Devices' Days Payable compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, NuGen Medical Devices ranks #26 out of 795 companies for Days Payable. This places NuGen Medical Devices in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.87. NuGen Medical Devices' value of 4,340.08 is 6294.7% above this benchmark. Historically, NuGen Medical Devices' own Days Payable has ranged from 612.20 to 23,023.08 over the past decade. While the company's 10-year median is 4,694.74 vs. the industry median of 67.87, NuGen Medical Devices 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 67.87, 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. NuGen Medical Devices's current Days Payable of 4,340.08 is 6294.7% 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 NuGen Medical Devices and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NuGen Medical Devices's current Days Payable is 4,340.08, which is near median its own 10-year median of 4,694.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuGen Medical Devices stock overvalued right now?
Based on GuruFocus' analysis, NuGen Medical Devices (NGMDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.02, compared to a current price of $0.02 — trading 21.8% below its estimated fair value. The current Days Payable is 4,340.08, which is near median its 10-year median of 4,694.74 and 6294.7% above the Medical Devices & Instruments industry median of 67.87. 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 NuGen Medical Devices (NGMDF), the current Days Payable is 4,340.08 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.

NuGen Medical Devices Business Description

Other Exchanges 79O:GermanyNGMD:Canada
Address 18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4
NuGen Medical Devices Inc is a medical device manufacturing company specializing in the field of needleless injections and related technologies. The reportable segment of the company is the manufacturing of needle injector devices. Geographically, the company generates revenue from Europe, followed by Asia, and other.