PMD Device Solutions AB (OSTO:PMDS) Days Payable: 1,318.02 (As of Sep. 2024)


OSTO:PMDS PMD Device Solutions AB OSTO:PMDS
4 GF Score
Price kr0.66
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What is PMD Device Solutions AB Days Payable?

PMD Device Solutions AB OSTO:PMDS 4 Days Payable is 1,318.02 as of Sep. 2024. GuruFocus rates OSTO:PMDS with a GF Score™ of 4/100.

PMD Device Solutions AB's average Accounts Payable for the three months ended in Sep. 2024 was kr28.43 Mil. PMD Device Solutions AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr1.97 Mil. Hence, PMD Device Solutions AB's Days Payable for the three months ended in Sep. 2024 was 1,318.02.

The historical rank and industry rank for PMD Device Solutions AB's Days Payable or its related term are showing as below:

OSTO:PMDS's Days Payable is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 67.83
* Ranked among companies with meaningful Days Payable only.

PMD Device Solutions AB's Days Payable increased from Sep. 2023 (46.56) to Sep. 2024 (1,318.02). It may suggest that PMD Device Solutions AB delayed paying its suppliers.

PMD Device Solutions AB Days Payable Historical Data

* Premium members only.

The historical data trend for PMD Device Solutions AB'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.

PMD Device Solutions AB Days Payable Chart

PMD Device Solutions AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 121.70 132.81 59.89 99.86 0.00

PMD Device Solutions AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 46.56 0.00 804.24 735.66 1,318.02

OSTO:PMDS vs ABT, SYK, BSX: Days Payable Comparison

For the Medical Devices subindustry, PMD Device Solutions AB'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.

PMD Device Solutions AB Days Payable vs Medical Devices & Instruments Industry

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

* The bar in red indicates where PMD Device Solutions AB's Days Payable falls into.


OSTO:PMDS
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PMD Device Solutions AB OSTO:PMDS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PMD Device Solutions AB 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.

PMD Device Solutions AB's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (4.722 + 20.065) / 2 ) / 0*365
=12.3935 / 0*365
=N/A

PMD Device Solutions AB's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (24.516 + 32.336) / 2 ) / 1.968*365 / 4
=28.426 / 1.968*365 / 4
=1,318.02

* 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 1,318.02 mean?
PMD Device Solutions AB (OSTO:PMDS) has a Days Payable of 1,318.02 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on PMD Device Solutions AB and its competitors.
Is PMD Device Solutions AB's Days Payable too high?
PMD Device Solutions AB's current Days Payable is 1,318.02. The Medical Devices & Instruments industry median Days Payable is 67.83. PMD Device Solutions AB's value of 1,318.02 is 1843.1% above this industry median. Overall, PMD Device Solutions AB has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PMD Device Solutions AB's Days Payable compare to ABT and SYK?
PMD Device Solutions AB's Days Payable of 1,318.02 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 67.83. PMD Device Solutions AB's value of 1,318.02 is 1843.1% 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 Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 67.83, based on 793 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. PMD Device Solutions AB's current Days Payable of 1,318.02 is 1843.1% 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 PMD Device Solutions AB and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PMD Device Solutions AB's current Days Payable is 1,318.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PMD Device Solutions AB stock overvalued right now?
PMD Device Solutions AB (OSTO:PMDS) has a current Days Payable of 1,318.02. The current Days Payable is 1,318.02 and 1843.1% above the Medical Devices & Instruments industry median of 67.83. PMD Device Solutions AB's overall GF Score™ is 4/100. 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 PMD Device Solutions AB (OSTO:PMDS), the current Days Payable is 1,318.02 as of Sep. 2024. 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.

PMD Device Solutions AB Business Description

Address C/o Eversheds Sutherland Advokatbyra AB, Box 14055, Stockholm, SWE, 104 40
PMD Device Solutions AB develops and sells medical products for respiratory monitoring in both the hospital and homecare setting. Its primary product is RespiraSense, a solution used for monitoring respiratory rate to detect deterioration of a patient's general condition early and to avoid preventable respiratory failure and adverse patient outcomes. RespiraSense is, to the Company's knowledge, the world's only continuous, motion-tolerant respiratory rate monitor delivering class-leading reliability in measuring respiratory rate. RespiraSense is a novel technology that is commercialised in Europe, the UK, and FDA-cleared in the US.
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