Medical Imaging (ROCO:6637) Days Payable : 66.98 (As of Mar. 2024)

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What is Medical Imaging Days Payable?

Medical Imaging's average Accounts Payable for the three months ended in Mar. 2024 was NT$63.0 Mil. Medical Imaging's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$85.8 Mil. Hence, Medical Imaging's Days Payable for the three months ended in Mar. 2024 was 66.98.

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

ROCO:6637' s Days Payable Range Over the Past 10 Years
Min: 21.3 Med: 33.47 Max: 75.25
Current: 43.41

During the past 11 years, Medical Imaging's highest Days Payable was 75.25. The lowest was 21.30. And the median was 33.47.

ROCO:6637's Days Payable is ranked worse than
81.91% of 94 companies
in the Medical Distribution industry
Industry Median: 73.32 vs ROCO:6637: 43.41

Medical Imaging's Days Payable increased from Mar. 2023 (18.61) to Mar. 2024 (66.98). It may suggest that Medical Imaging delayed paying its suppliers.

Medical Imaging Days Payable Historical Data

The historical data trend for Medical Imaging'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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Medical Imaging Days Payable Chart

Medical Imaging Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

27.64

27.89

23.20

22.99

21.30

Medical Imaging Quarterly Data
	Mar17	Jun17	Dec17	Mar18	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															18.61	18.85	37.84	19.60	66.98

Competitive Comparison of Medical Imaging's Days Payable

For the Medical Distribution subindustry, Medical Imaging'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.

Medical Imaging's Days Payable Distribution in the Medical Distribution Industry

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

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

Medical Imaging 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.

Medical Imaging'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
=	( (12.782	+	28.51)	/	2 )	/	353.863	*	365
=	20.646					/	353.863	*	365
=	21.30

Medical Imaging's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (28.51	+	97.478)	/	2 )	/	85.819	*	365 / 4
=	62.994					/	85.819	*	365 / 4
=	66.98

Medical Imaging Days Payable Related Terms

Thank you for viewing the detailed overview of Medical Imaging's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Medical Imaging (ROCO:6637) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Medical Imaging Corp (ROCO:6637) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongxiao East Road, Xinyi District, 2nd Floor, 19th Floor, No. 510, Section 5, Taipei City, TWN

Website

http://www.mic-tw.com

Medical Imaging Corp is a Taiwan based medical equipment company. It is engaged in medical equipment distribution, hospital equipment rental, and equipment maintenance.

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