PAVmed (PAVmed) Days Payable : 111.90 (As of Dec. 2023)

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What is PAVmed Days Payable?

PAVmed's average Accounts Payable for the three months ended in Dec. 2023 was $1.98 Mil. PAVmed's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.61 Mil. Hence, PAVmed's Days Payable for the three months ended in Dec. 2023 was 111.90.

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

PAVMW' s Days Payable Range Over the Past 10 Years
Min: 103.17 Med: 303.14 Max: 1954.47
Current: 103.17

During the past 10 years, PAVmed's highest Days Payable was 1954.47. The lowest was 103.17. And the median was 303.14.

PAVMW's Days Payable is ranked better than
65.36% of 788 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs PAVMW: 103.17

PAVmed's Days Payable declined from Dec. 2022 (145.45) to Dec. 2023 (111.90). It may suggest that PAVmed accelerated paying its suppliers.

PAVmed Days Payable Historical Data

The historical data trend for PAVmed'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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PAVmed Days Payable Chart

PAVmed Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,954.47

303.14

127.64

PAVmed Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															145.45	134.30	65.53	85.33	111.90

Competitive Comparison of PAVmed's Days Payable

For the Medical Devices subindustry, PAVmed'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.

PAVmed's Days Payable Distribution in the Medical Devices & Instruments Industry

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

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

PAVmed 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.

PAVmed'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
=	( (2.704	+	1.786)	/	2 )	/	6.42	*	365
=	2.245					/	6.42	*	365
=	127.64

PAVmed's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2.165	+	1.786)	/	2 )	/	1.611	*	365 / 4
=	1.9755					/	1.611	*	365 / 4
=	111.90

PAVmed Days Payable Related Terms

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PAVmed (PAVmed) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » PAVmed Inc (NAS:PAVMW) » Definitions » Days Payable

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PAVM:USA

Address

360 Madison Avenue, 25th Floor, New York, NY, USA, 10017

Website

http://www.pavmed.com

PAVmed Inc is a multi-product, commercial-stage medical technology company organized to advance a broad pipeline of medical technologies from concept to commercialization. The Company operates in a single segment as a medical technology company, with the following lines of business: Diagnostics, Medical Devices, and Digital Health. Its products are EsoGuard and the Veris Cancer Care Platform.