PHRX (Pharmagen) Days Payable: 243.07 (As of Mar. 2014)


What is Pharmagen Days Payable?

Pharmagen PHRX -90.00% Days Payable is 243.07 as of Mar. 2014.

Pharmagen's average Accounts Payable for the three months ended in Mar. 2014 was $1.55 Mil. Pharmagen's Cost of Goods Sold for the three months ended in Mar. 2014 was $0.58 Mil. Hence, Pharmagen's Days Payable for the three months ended in Mar. 2014 was 243.07.

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

PHRX's Days Payable is not ranked *
in the Medical Distribution industry.
Industry Median: 79.81
* Ranked among companies with meaningful Days Payable only.

Pharmagen's Days Payable increased from Mar. 2013 (127.90) to Mar. 2014 (243.07). It may suggest that Pharmagen delayed paying its suppliers.

Pharmagen Days Payable Historical Data

* Premium members only.

The historical data trend for Pharmagen'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.

Pharmagen Days Payable Chart

Pharmagen Annual Data
Trend Jun10 Jun11 Dec12 Dec13
Days Payable
0.00 0.00 50.99 224.20

Pharmagen Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 127.90 332.76 216.41 272.84 243.07

PHRX vs FZMD, SNYR, SGMFF: Days Payable Comparison

For the Medical Distribution subindustry, Pharmagen'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.

Pharmagen Days Payable vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Pharmagen's Days Payable distribution charts can be found below:

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


Pharmagen 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.

Pharmagen'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
=( (0.793 + 1.379) / 2 ) / 1.768*365
=1.086 / 1.768*365
=224.20

Pharmagen'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: Dec. 2013 ) + Accounts Payable (Q: Mar. 2014 )) / count ) / Cost of Goods Sold (Q: Mar. 2014 )*Days in Period
=( (1.379 + 1.727) / 2 ) / 0.583*365 / 4
=1.553 / 0.583*365 / 4
=243.07

* 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 243.07 mean?
Pharmagen (PHRX) has a Days Payable of 243.07 as of Mar. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pharmagen and its competitors.
Is Pharmagen's Days Payable too high?
Pharmagen's current Days Payable is 243.07. The Medical Distribution industry median Days Payable is 79.81. Pharmagen's value of 243.07 is 204.6% above this industry median.
How does Pharmagen's Days Payable compare to FZMD and SNYR?
Pharmagen's Days Payable of 243.07 can be compared against companies in the Medical Distribution industry. The industry median Days Payable is 79.81. Pharmagen's value of 243.07 is 204.6% 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 Medical Distribution company?
The median Days Payable among Medical Distribution companies is 79.81, based on 115 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. Pharmagen's current Days Payable of 243.07 is 204.6% 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 Pharmagen and its competitors. For the Medical Distribution industry, the median Days Payable is 79.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pharmagen's current Days Payable is 243.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pharmagen stock overvalued right now?
Pharmagen (PHRX) has a current Days Payable of 243.07. The current Days Payable is 243.07 and 204.6% above the Medical Distribution industry median of 79.81. 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 Pharmagen (PHRX), the current Days Payable is 243.07 as of Mar. 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.

Pharmagen Business Description

Address 9337 Fraser Avenue, Silver Spring, MD, USA, 20910
Pharmagen Inc as a distributor of specialty drugs, compounding and admix pharmacy, and producer of over-the-counter branded multivitamins to the healthcare provider market. The company distributes hard-to-find and specialty drugs to the healthcare provider market throughout the United States, while functioning as an aggregator of real-time market demand for these products.