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CheelcareTSXV:CHER +3.59%11 Days Payable is 193.99 as of Jan. 2026, which is 37% above its 10-year median of 141.99. GuruFocus rates TSXV:CHER with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 794 Medical Devices & Instruments companies, Cheelcare ranks better than 88.54% on this metric.
Cheelcare's average Accounts Payable for the
three
months ended in Jan. 2026 was C$0.56 Mil. Cheelcare's Cost of Goods Sold for the
three
months ended in Jan. 2026 was C$0.26 Mil.
Hence, Cheelcare's Days Payable for the
three
months ended in Jan. 2026 was 193.99.
The historical rank and industry rank for Cheelcare's Days Payable or its related term are showing as below:
TSXV:CHER'
s Days Payable Range Over the Past 10 Years
Min: 109.15 Med: 141.99 Max: 285.04
Current: 285.04
During the past 2 years, Cheelcare's highest Days Payable was 285.04. The lowest was 109.15. And the median was 141.99.
TSXV:CHER's Days Payable is ranked better than 88.54% of 794
companies
in the Medical Devices & Instruments industry
Industry Median: 67.97
vs TSXV:CHER: 285.04
Cheelcare's Days Payable
declined
from Jan. 2025 (337.39) to Jan. 2026 (193.99).
It may suggest that Cheelcareaccelerated paying its suppliers.
Cheelcare Days Payable Related Terms
Cheelcare Days Payable Historical Data
* Premium members only.
The historical data trend for Cheelcare'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.
TSXV:CHER vs ABT, SYK, MDT: Days Payable Comparison
For the Medical Devices subindustry, Cheelcare'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.
Cheelcare Days Payable vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Cheelcare's Days Payable distribution charts can be found below:
* The bar in red indicates where Cheelcare's Days Payable falls into.
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.
Cheelcare's Days Payable for the fiscal year that ended in Apr. 2024 is calculated as
* 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.
Cheelcare (TSXV:CHER) has a Days Payable of 193.99 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cheelcare and its competitors. This is 37% above median its historical median of 141.99. Over the past decade, Cheelcare's Days Payable has ranged from 109.15 to 285.04. According to the industry distribution chart, Cheelcare ranks #91 out of 794 companies in the Medical Devices & Instruments industry, placing it in the top 11.5%.
Is Cheelcare's Days Payable too high?
Cheelcare's current Days Payable of 193.99 is 37% above median its 10-year median of 141.99. Over the past 10 years, this metric has ranged from a low of 109.15 to a high of 285.04. The Medical Devices & Instruments industry median Days Payable is 67.97. Cheelcare's value of 193.99 is 185.4% above this industry median. Based on the distribution chart, Cheelcare ranks #91 out of 794 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Cheelcare has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Cheelcare's Days Payable compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Cheelcare ranks #91 out of 794 companies for Days Payable. This places Cheelcare in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.97. Cheelcare's value of 193.99 is 185.4% above this benchmark. Historically, Cheelcare's own Days Payable has ranged from 109.15 to 285.04 over the past decade. While the company's 10-year median is 141.99 vs. the industry median of 67.97, Cheelcare has consistently been above the industry average. 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 67.97, based on 794 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. Cheelcare's current Days Payable of 193.99 is 185.4% 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 Cheelcare and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheelcare's current Days Payable is 193.99, which is 37% above median its own 10-year median of 141.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheelcare stock overvalued right now?
Cheelcare (TSXV:CHER) has a current Days Payable of 193.99. The current Days Payable is 193.99, which is 37% above median its 10-year median of 141.99 and 185.4% above the Medical Devices & Instruments industry median of 67.97. Cheelcare's overall GF Score™ is 11/100 with 3 warning signs to review. 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 Cheelcare (TSXV:CHER), the current Days Payable is 193.99 as of Jan. 2026. 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.
Cheelcare Inc is a company that designs and manufactures inventive mobility devices using robotics. Its product portfolio consists of three key lines: Robotic Complex Rehab Power Wheelchair such devices feature patented self-leveling technology and the lowest seat-to-floor height in their class, enhancing stability and accessibility. Power Add-ons for Manual Wheelchairs designed to convert manual wheelchairs into powered mobility devices, offering users increased independence. Aftermarket Wheelchair Accessories includes a range of OEM equipment, backup cameras, phone chargers, and wheel suspension systems, that allow wheelchair users the ability to supplement their existing equipment to improve safety and convenience.
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