PRMD (Primemd) Days Payable: 0.00 (As of Dec. 2008)


What is Primemd Days Payable?

Primemd PRMD Days Payable is 0.00 as of Dec. 2008.

Primemd's average Accounts Payable for the three months ended in Dec. 2008 was $0.01 Mil. Primemd's Cost of Goods Sold for the three months ended in Dec. 2008 was $0.00 Mil.

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

PRMD's Days Payable is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 58.08
* Ranked among companies with meaningful Days Payable only.

Primemd's Days Payable stayed the same from Dec. 2007 (0.00) to Dec. 2008 (0.00). stayed the same

Primemd Days Payable Historical Data

* Premium members only.

The historical data trend for Primemd'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.

Primemd Days Payable Chart

Primemd Annual Data
Trend Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Primemd Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 0.00 0.00 0.00 0.00 0.00

Primemd Days Payable Competitor Comparison

For the Medical Care Facilities subindustry, Primemd'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.

Primemd Days Payable vs Healthcare Providers & Services Industry

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

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


Primemd 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.

Primemd's Days Payable for the fiscal year that ended in Mar. 2007 is calculated as

Days Payable (A: Mar. 2007 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2006 ) + Accounts Payable (A: Mar. 2007 )) / count ) / Cost of Goods Sold (A: Mar. 2007 )*Days in Period
=( (0.001 + 0.003) / 2 ) / 0*365
=0.002 / 0*365
=N/A

Primemd's Days Payable for the quarter that ended in Dec. 2008 is calculated as:

Days Payable (Q: Dec. 2008 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2008 ) + Accounts Payable (Q: Dec. 2008 )) / count ) / Cost of Goods Sold (Q: Dec. 2008 )*Days in Period
=( (0.002 + 0.01) / 2 ) / 0*365 / 4
=0.006 / 0*365 / 4
=N/A

* 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 0.00 mean?
Primemd (PRMD) has a Days Payable of 0.00 as of Dec. 2008. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Primemd and its competitors.
Is Primemd's Days Payable too high?
Primemd's current Days Payable is 0.00.
How does Primemd's Days Payable compare to competitors?
Primemd's Days Payable of 0.00 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Payable is 58.08. 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 58.08, based on 608 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. 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 Primemd and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 58.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primemd's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primemd stock overvalued right now?
Primemd (PRMD) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Primemd (PRMD), the current Days Payable is 0.00 as of Dec. 2008. 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.

Primemd Business Description

Address 9039 Antares Avenue, Suite No. E2, Columbus, OH, USA, 43240
Primemd Inc is a multispecialty professional services company. The company employs physicians, nurse practitioners, medical assistants to deliver services. Its services include Pediatrics; Primary Care; Spine and Pain Management; Urgent Care and others.