Assure Holdings (STU:14G) Days Payable: 0.00 (As of Jun. 2024)

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STU:14G Assure Holdings Corp STU:14G
12 GF Score
Price €2,106.00
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What is Assure Holdings Days Payable?

Assure Holdings STU:14G 12 Days Payable is 0.00 as of Jun. 2024. GuruFocus rates STU:14G with a GF Score™ of 12/100.

Assure Holdings's average Accounts Payable for the three months ended in Jun. 2024 was €0.00 Mil. Assure Holdings's Cost of Goods Sold for the three months ended in Jun. 2024 was €0.21 Mil. Hence, Assure Holdings's Days Payable for the three months ended in Jun. 2024 was 0.00.

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

STU:14G's Days Payable is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 57.13
* Ranked among companies with meaningful Days Payable only.

Assure Holdings's Days Payable stayed the same from Jun. 2023 (0.00) to Jun. 2024 (0.00). stayed the same

Assure Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Assure Holdings'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.

Assure Holdings Days Payable Chart

Assure Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.35 63.39 34.61 248.91 685.72

Assure Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1,382.42 1,309.66 0.00

STU:14G vs NHLG, HCA, DVA: Days Payable Comparison

For the Medical Care Facilities subindustry, Assure Holdings'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.

Assure Holdings Days Payable vs Healthcare Providers & Services Industry

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

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


STU:14G
12GF Score
Assure Holdings Corp STU:14G
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Assure Holdings 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.

Assure Holdings'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
=( (2.167 + 6.272) / 2 ) / 2.246*365
=4.2195 / 2.246*365
=685.72

Assure Holdings's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.213*365 / 4
=0 / 0.213*365 / 4
=0.00

* 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?
Assure Holdings (STU:14G) has a Days Payable of 0.00 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Assure Holdings and its competitors.
Is Assure Holdings' Days Payable too high?
Assure Holdings' current Days Payable is 0.00. Overall, Assure Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Assure Holdings' Days Payable compare to NHLG and HCA?
Assure Holdings' Days Payable of 0.00 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Payable is 57.13. 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 57.13, based on 607 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 Assure Holdings and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 57.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Assure Holdings'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 Assure Holdings stock overvalued right now?
Assure Holdings (STU:14G) has a current Days Payable of 0.00. The current Days Payable is 0.00. Assure Holdings' overall GF Score™ is 12/100. 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 Assure Holdings (STU:14G), the current Days Payable is 0.00 as of Jun. 2024. 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.

Assure Holdings Business Description

Address 7887 East Belleview Avenue, Suite 240, Denver, CO, USA, 80111
Assure Holdings Corp provides technical and professional intraoperative neuromonitoring (IONM) surgical support services for neurosurgery, spine, cardiovascular, orthopedic, ear, nose, and throat, and other surgical procedures that place the nervous system at risk.
12GF Score

Get the complete analysis for STU:14G

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2,106.00
Price