Carebook Technologies (TSXV:CRBK) Days Payable : 93.27 (As of Mar. 2024)

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What is Carebook Technologies Days Payable?

Carebook Technologies's average Accounts Payable for the three months ended in Mar. 2024 was C$0.69 Mil. Carebook Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.68 Mil. Hence, Carebook Technologies's Days Payable for the three months ended in Mar. 2024 was 93.27.

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

TSXV:CRBK' s Days Payable Range Over the Past 10 Years
Min: 121.95 Med: 295.21 Max: 466.6
Current: 121.95

During the past 4 years, Carebook Technologies's highest Days Payable was 466.60. The lowest was 121.95. And the median was 295.21.

TSXV:CRBK's Days Payable is ranked better than
72.65% of 596 companies
in the Healthcare Providers & Services industry
Industry Median: 63.31 vs TSXV:CRBK: 121.95

Carebook Technologies's Days Payable declined from Mar. 2023 (463.23) to Mar. 2024 (93.27). It may suggest that Carebook Technologies accelerated paying its suppliers.

Carebook Technologies Days Payable Historical Data

The historical data trend for Carebook Technologies'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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Carebook Technologies Days Payable Chart

Carebook Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

466.60

347.43

242.99

177.75

Carebook Technologies Quarterly Data
	Jun19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial												463.23	136.09	127.80	109.81	93.27

Competitive Comparison of Carebook Technologies's Days Payable

For the Health Information Services subindustry, Carebook Technologies'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.

Carebook Technologies's Days Payable Distribution in the Healthcare Providers & Services Industry

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

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

Carebook Technologies 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.

Carebook Technologies'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
=	( (1.358	+	0.663)	/	2 )	/	2.075	*	365
=	1.0105					/	2.075	*	365
=	177.75

Carebook Technologies'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
=	( (0.663	+	0.725)	/	2 )	/	0.679	*	365 / 4
=	0.694					/	0.679	*	365 / 4
=	93.27

Carebook Technologies Days Payable Related Terms

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Carebook Technologies (TSXV:CRBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Carebook Technologies Inc (TSXV:CRBK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2045 Stanley Street, Suite 1400, Montreal, QC, CAN, H3A 2V4

Website

https://www.carebook.com

Carebook Technologies Inc is engaged in the development and commercialization of a complete end-to-end digital health platform that features assessment, reporting, and targeted solutions offered through an array of selected partners and resellers, and its primary customers are large employers across a variety of industries and pharmacies. Its products include Corehealth, Pharmacy and Wellness Checkpoint.

Executives

L.p. Medtech Investments	10% Security Holder
Stuart Mitchell Elman	Director

Carebook Technologies (TSXV:CRBK) Headlines

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