PMI (Picard Medical) Days Payable: 249.76 (As of Mar. 2026) — 34% Above Median


PMI Picard Medical Inc PMI
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What is Picard Medical Days Payable?

Picard Medical PMI -10.93% 4 Days Payable is 249.76 as of Mar. 2026, which is 34% above its 10-year median of 186.30. GuruFocus rates PMI with a GF Score™ of 4/100. The stock has 4 warning signs investors should review. Among 796 Medical Devices & Instruments companies, Picard Medical ranks better than 88.32% on this metric.

Picard Medical's average Accounts Payable for the three months ended in Mar. 2026 was $2.40 Mil. Picard Medical's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.88 Mil. Hence, Picard Medical's Days Payable for the three months ended in Mar. 2026 was 249.76.

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

PMI' s Days Payable Range Over the Past 10 Years
Min: 55.83   Med: 186.3   Max: 339.47
Current: 286.33

During the past 4 years, Picard Medical's highest Days Payable was 339.47. The lowest was 55.83. And the median was 186.30.

PMI's Days Payable is ranked better than
88.32% of 796 companies
in the Medical Devices & Instruments industry
Industry Median: 68.14 vs PMI: 286.33

Picard Medical's Days Payable declined from Mar. 2025 (504.44) to Mar. 2026 (249.76). It may suggest that Picard Medical accelerated paying its suppliers.


Picard Medical Days Payable Historical Data

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The historical data trend for Picard Medical'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.

Picard Medical Days Payable Chart

Picard Medical Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
55.83 111.05 339.47 261.55

Picard Medical Quarterly Data
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 504.44 240.25 328.76 396.66 249.76

PMI vs TRIB, NXL, CSDX: Days Payable Comparison

For the Medical Devices subindustry, Picard Medical'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.


Picard Medical Days Payable vs Medical Devices & Instruments Industry

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

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


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Picard Medical Inc PMI
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Picard Medical 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.

Picard Medical'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
=( (5.293 + 2.079) / 2 ) / 5.144*365
=3.686 / 5.144*365
=261.55

Picard Medical'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
=( (2.079 + 2.711) / 2 ) / 0.875*365 / 4
=2.395 / 0.875*365 / 4
=249.76

* 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 249.76 mean?
Picard Medical (PMI) has a Days Payable of 249.76 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 Picard Medical and its competitors. This is 34% above median its historical median of 186.30. Over the past decade, Picard Medical's Days Payable has ranged from 55.83 to 339.47. According to the industry distribution chart, Picard Medical ranks #93 out of 796 companies in the Medical Devices & Instruments industry, placing it in the top 11.7%.
Is Picard Medical's Days Payable too high?
Picard Medical's current Days Payable of 249.76 is 34% above median its 10-year median of 186.30. Over the past 10 years, this metric has ranged from a low of 55.83 to a high of 339.47. The Medical Devices & Instruments industry median Days Payable is 68.14. Picard Medical's value of 249.76 is 266.5% above this industry median. Based on the distribution chart, Picard Medical ranks #93 out of 796 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Picard Medical has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Picard Medical's Days Payable compare to TRIB and NXL?
According to the Medical Devices & Instruments industry distribution chart, Picard Medical ranks #93 out of 796 companies for Days Payable. This places Picard Medical in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 68.14. Picard Medical's value of 249.76 is 266.5% above this benchmark. Historically, Picard Medical's own Days Payable has ranged from 55.83 to 339.47 over the past decade. While the company's 10-year median is 186.30 vs. the industry median of 68.14, Picard Medical 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 68.14, based on 796 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. Picard Medical's current Days Payable of 249.76 is 266.5% 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 Picard Medical and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Picard Medical's current Days Payable is 249.76, which is 34% above median its own 10-year median of 186.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Picard Medical stock overvalued right now?
Picard Medical (PMI) has a current Days Payable of 249.76. The current Days Payable is 249.76, which is 34% above median its 10-year median of 186.30 and 266.5% above the Medical Devices & Instruments industry median of 68.14. Picard Medical's overall GF Score™ is 4/100 with 4 warning signs to review. 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 Picard Medical (PMI), the current Days Payable is 249.76 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.

Picard Medical Business Description

Address 1992 East Silverlake, Tucson, AZ, USA, 85713
Picard Medical Inc operates through its wholly owned subsidiary, a medical technology company focused on developing, manufacturing, and commercializing the SynCardia TAH, an implantable total artificial heart system. The company is engaged in designing, manufacturing, producing, supplying, marketing, and selling medical device products, including the SynCardia TAH, which is designed to assume the full function of a failed human heart in patients suffering from advanced heart failure. The SynCardia TAH replaces both the left and right ventricles as well as all four heart valves.
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