Acurity Health Group (NZSE:ACY) Days Payable : 56.72 (As of Mar. 2014)

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What is Acurity Health Group Days Payable?

Acurity Health Group's average Accounts Payable for the six months ended in Mar. 2014 was NZ$3.14 Mil. Acurity Health Group's Cost of Goods Sold for the six months ended in Mar. 2014 was NZ$10.12 Mil. Hence, Acurity Health Group's Days Payable for the six months ended in Mar. 2014 was 56.72.

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

NZSE:ACY' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 56.46
Current: 56.46

During the past 13 years, Acurity Health Group's highest Days Payable was 56.46. The lowest was 0.00. And the median was 0.00.

NZSE:ACY's Days Payable is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 62.91 vs NZSE:ACY: 56.46

Acurity Health Group's Days Payable increased from Mar. 2013 (50.60) to Mar. 2014 (56.72). It may suggest that Acurity Health Group delayed paying its suppliers.

Acurity Health Group Days Payable Historical Data

The historical data trend for Acurity Health 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.

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Acurity Health Group Days Payable Chart

Acurity Health Group Annual Data

Trend

Mar05

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Days Payable

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72.37

63.36

55.44

55.68

51.60

Acurity Health Group Semi-Annual Data
	Mar02	Mar03	Sep03	Mar04	Sep04	Mar05	Sep07	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14
Days Payable	Get a 7-Day Free Trial															58.20	49.32	50.60	46.58	56.72

Competitive Comparison of Acurity Health Group's Days Payable

For the Medical Care Facilities subindustry, Acurity Health 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.

Acurity Health Group's Days Payable Distribution in the Healthcare Providers & Services Industry

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

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

Acurity Health 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.

Acurity Health Group's Days Payable for the fiscal year that ended in Mar. 2014 is calculated as

	Days Payable (A: Mar. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2013 )	+	Accounts Payable (A: Mar. 2014 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2014 )	*	Days in Period
=	( (2.73	+	3.298)	/	2 )	/	21.322	*	365
=	3.014					/	21.322	*	365
=	51.60

Acurity Health Group's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

	Days Payable (Q: Mar. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2013 )	+	Accounts Payable (Q: Mar. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2014 )	*	Days in Period
=	( (2.99	+	3.298)	/	2 )	/	10.116	*	365 / 2
=	3.144					/	10.116	*	365 / 2
=	56.72

Acurity Health Group Days Payable Related Terms

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Acurity Health Group (NZSE:ACY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Acurity Health Group Ltd (NZSE:ACY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.acurity.co.nz

Acurity Health Group Ltd provides private surgical healthcare services. It owns and operates approximately three private surgical hospitals. Its surgical services include cosmetic surgery, hip and knee replacement, and hernia surgery, among others.

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