RYAHF (RYAH Group) Days Payable: 27,146.88 (As of Sep. 2022)


What is RYAH Group Days Payable?

RYAH Group RYAHF Days Payable is 27,146.88 as of Sep. 2022.

RYAH Group's average Accounts Payable for the three months ended in Sep. 2022 was $0.60 Mil. RYAH Group's Cost of Goods Sold for the three months ended in Sep. 2022 was $0.00 Mil. Hence, RYAH Group's Days Payable for the three months ended in Sep. 2022 was 27,146.88.

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

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

RYAH Group's Days Payable increased from Sep. 2021 (13,404.63) to Sep. 2022 (27,146.88). It may suggest that RYAH Group delayed paying its suppliers.

RYAH Group Days Payable Historical Data

* Premium members only.

The historical data trend for RYAH Group'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.

RYAH Group Days Payable Chart

RYAH Group Annual Data
Trend Dec20 Dec21
Days Payable
5,764.48 3,853.24

RYAH Group Quarterly Data
Feb20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days Payable Get a 7-Day Free Trial 13,404.63 4,805.83 0.00 2,532.19 27,146.88

RYAHF vs CERN, VEEV, CHNG: Days Payable Comparison

For the Health Information Services subindustry, RYAH Group'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.

RYAH Group Days Payable vs Healthcare Providers & Services Industry

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

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


RYAH Group 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.

RYAH Group's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.458 + 0.471) / 2 ) / 0.044*365
=0.4645 / 0.044*365
=3,853.24

RYAH Group's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0.593 + 0.597) / 2 ) / 0.002*365 / 4
=0.595 / 0.002*365 / 4
=27,146.88

* 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 27,146.88 mean?
RYAH Group (RYAHF) has a Days Payable of 27,146.88 as of Sep. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on RYAH Group and its competitors.
Is RYAH Group's Days Payable too high?
RYAH Group's current Days Payable is 27,146.88. The Healthcare Providers & Services industry median Days Payable is 58.08. RYAH Group's value of 27,146.88 is 46640.5% above this industry median.
How does RYAH Group's Days Payable compare to CERN and VEEV?
RYAH Group's Days Payable of 27,146.88 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Payable is 58.08. RYAH Group's value of 27,146.88 is 46640.5% 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 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. RYAH Group's current Days Payable of 27,146.88 is 46640.5% 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 RYAH Group 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. RYAH Group's current Days Payable is 27,146.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RYAH Group stock overvalued right now?
RYAH Group (RYAHF) has a current Days Payable of 27,146.88. The current Days Payable is 27,146.88 and 46640.5% above the Healthcare Providers & Services industry median of 58.08. 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 RYAH Group (RYAHF), the current Days Payable is 27,146.88 as of Sep. 2022. 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.

RYAH Group Business Description

Address 68 34TH STREET, SUITE B421, BROOKLYN, NY, USA, 11232
RYAH Group Inc is a data technology company in plant-based medicine. Its Artificial Intelligence platform aggregates and correlates HIPAA-compliant dosing data from seed to consumption. This helps the company to conduct predictive analyses to help doctors, researchers, and end-users create personalized dosing regimens that can accurately foresee patient outcomes. the company also provide other products which are smart inhaler system & smart patch system.