CardioComm Solutions (TSXV:EKG) Days Payable: 109.50 (As of Dec. 2025) — 68% Below Median

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What is CardioComm Solutions Days Payable?

CardioComm Solutions TSXV:EKG Days Payable is 109.50 as of Dec. 2025, which is 68% below its 10-year median of 346.81. The stock has 9 warning signs investors should review. Among 605 Healthcare Providers & Services companies, CardioComm Solutions ranks better than 86.28% on this metric.

CardioComm Solutions's average Accounts Payable for the three months ended in Dec. 2025 was C$0.03 Mil. CardioComm Solutions's Cost of Goods Sold for the three months ended in Dec. 2025 was C$0.03 Mil. Hence, CardioComm Solutions's Days Payable for the three months ended in Dec. 2025 was 109.50.

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

TSXV:EKG' s Days Payable Range Over the Past 10 Years
Min: 192.91   Med: 346.81   Max: 1725.82
Current: 234.75

During the past 13 years, CardioComm Solutions's highest Days Payable was 1725.82. The lowest was 192.91. And the median was 346.81.

TSXV:EKG's Days Payable is ranked better than
86.28% of 605 companies
in the Healthcare Providers & Services industry
Industry Median: 57.08 vs TSXV:EKG: 234.75

CardioComm Solutions's Days Payable declined from Dec. 2024 (286.79) to Dec. 2025 (109.50). It may suggest that CardioComm Solutions accelerated paying its suppliers.


CardioComm Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for CardioComm Solutions'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.

CardioComm Solutions Days Payable Chart

CardioComm Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,725.82 195.33 352.07 1,536.84 233.60

CardioComm Solutions Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 286.79 653.96 195.92 684.38 109.50

TSXV:EKG vs VEEV, BTSG, TEM: Days Payable Comparison

For the Health Information Services subindustry, CardioComm Solutions'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.


CardioComm Solutions Days Payable vs Healthcare Providers & Services Industry

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

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



CardioComm Solutions 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.

CardioComm Solutions's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.031 + 0.033) / 2 ) / 0.05*365
=0.032 / 0.05*365
=233.60

CardioComm Solutions's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.027 + 0.033) / 2 ) / 0.025*365 / 4
=0.03 / 0.025*365 / 4
=109.50

* 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 109.50 mean?
CardioComm Solutions (TSXV:EKG) has a Days Payable of 109.50 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on CardioComm Solutions and its competitors. This is 68% below median its historical median of 346.81. Over the past decade, CardioComm Solutions' Days Payable has ranged from 192.91 to 1,725.82. According to the industry distribution chart, CardioComm Solutions ranks #83 out of 605 companies in the Healthcare Providers & Services industry, placing it in the top 13.7%.
Is CardioComm Solutions' Days Payable too high?
CardioComm Solutions' current Days Payable of 109.50 is 68% below median its 10-year median of 346.81. Over the past 10 years, this metric has ranged from a low of 192.91 to a high of 1,725.82. The Healthcare Providers & Services industry median Days Payable is 57.08. CardioComm Solutions' value of 109.50 is 91.8% above this industry median. Based on the distribution chart, CardioComm Solutions ranks #83 out of 605 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers.
How does CardioComm Solutions' Days Payable compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, CardioComm Solutions ranks #83 out of 605 companies for Days Payable. This places CardioComm Solutions in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.08. CardioComm Solutions' value of 109.50 is 91.8% above this benchmark. Historically, CardioComm Solutions' own Days Payable has ranged from 192.91 to 1,725.82 over the past decade. While the company's 10-year median is 346.81 vs. the industry median of 57.08, CardioComm Solutions 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 57.08, based on 605 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. CardioComm Solutions's current Days Payable of 109.50 is 91.8% 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 CardioComm Solutions and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 57.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CardioComm Solutions's current Days Payable is 109.50, which is 68% below median its own 10-year median of 346.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CardioComm Solutions stock overvalued right now?
CardioComm Solutions (TSXV:EKG) has a current Days Payable of 109.50. The current Days Payable is 109.50, which is 68% below median its 10-year median of 346.81 and 91.8% above the Healthcare Providers & Services industry median of 57.08. 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 CardioComm Solutions (TSXV:EKG), the current Days Payable is 109.50 as of Dec. 2025. 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.

CardioComm Solutions Business Description

Other Exchanges EKGGF:USA
Address 110 Sheppard Avenue East, Suite 700, North York, ON, CAN, M2N 6Y8
CardioComm Solutions Inc develops software, hardware and core laboratory reading services related to electrocardiogram (ECG) and ambulatory arrhythmia monitoring systems for medical and consumer markets globally. The Company has one operating segment, which involves the development of software and the sale of ECG recording equipment and ECG reading services for the cardiology field. Substantially all the Company's operations, assets, and employees are in Canada. Revenue is earned in Canada and the United States. Its products are GEMS Sirona, GEMS WIN, Trident Pro 40L, HeartCheck CardiBeat - Mobile ECG Device, HeartCheck SMART Monitoring, and Others.