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STEK (Stemtech) Days Payable : 1,106.02 (As of Sep. 2024)


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What is Stemtech Days Payable?

Stemtech's average Accounts Payable for the three months ended in Sep. 2024 was $4.62 Mil. Stemtech's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.38 Mil. Hence, Stemtech's Days Payable for the three months ended in Sep. 2024 was 1,106.02.

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

STEK' s Days Payable Range Over the Past 10 Years
Min: 1112.12   Med: 1199.7   Max: 1454.39
Current: 1124.54

During the past 4 years, Stemtech's highest Days Payable was 1454.39. The lowest was 1112.12. And the median was 1199.70.

STEK's Days Payable is ranked better than
97.23% of 938 companies
in the Drug Manufacturers industry
Industry Median: 85.875 vs STEK: 1124.54

Stemtech's Days Payable increased from Sep. 2023 (0.00) to Sep. 2024 (1,106.02). It may suggest that Stemtech delayed paying its suppliers.


Stemtech Days Payable Historical Data

The historical data trend for Stemtech'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.

* Premium members only.

Stemtech Days Payable Chart

Stemtech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
1,454.39 1,231.65 1,167.75 1,112.12

Stemtech Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 1,123.62 860.55 1,113.96 1,106.02

Competitive Comparison of Stemtech's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Stemtech'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.


Stemtech's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Stemtech's Days Payable distribution charts can be found below:

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


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Stemtech 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.

Stemtech'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
=( (3.397 + 2.709) / 2 ) / 1.002*365
=3.053 / 1.002*365
=1,112.12

Stemtech's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (4.289 + 4.947) / 2 ) / 0.381*365 / 4
=4.618 / 0.381*365 / 4
=1,106.02

* 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.


Stemtech Days Payable Related Terms

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Stemtech Business Description

Traded in Other Exchanges
N/A
Address
4851 Tamiami Trail North, Suite 200, Naples, FL, USA, 34103
Stemtech Corp is a nutraceutical company. Its products enhance and support the work of the body's stem cells by releasing more stem cells, helping to circulate them in the blood and migrate them into tissues, where perform their daily function of renewal for optimal health. It markets its products under the following brands: RCM System, stemrelease3, Stemflo MigraStem, OraStem (Oral Health Care), and D-Fuze. Geographically, it derives a majority of its revenue from the Americas.
Executives
Charles Stuart Arnold director 520 BRICKELL KEY DR #1607, MIAMI FL 33131
Mindshare Holdings, Inc. 10 percent owner 419 BOSTWICK LANE, GAITHERSBURG MD 20878
Darryl V Green director 300 SIXTH AVENUE, PITTSBURGH PA 15222
John William Meyer director 10370 USA TODAY WAY, MIRAMAR FL 33025
Benjamin Nathaniel Kaplan director 13005 CORONOADO LANE, NORTH MIAMI FL 33181