Highmark Interactive (TSXV:HMRK.H) Days Payable : 91.40 (As of Sep. 2022)

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What is Highmark Interactive Days Payable?

Highmark Interactive's average Accounts Payable for the three months ended in Sep. 2022 was C$0.61 Mil. Highmark Interactive's Cost of Goods Sold for the three months ended in Sep. 2022 was C$0.61 Mil. Hence, Highmark Interactive's Days Payable for the three months ended in Sep. 2022 was 91.40.

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

TSXV:HMRK.H's Days Payable is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 61.91
* Ranked among companies with meaningful Days Payable only.

Highmark Interactive's Days Payable increased from Sep. 2021 (11.41) to Sep. 2022 (91.40). It may suggest that Highmark Interactive delayed paying its suppliers.

Highmark Interactive Days Payable Historical Data

The historical data trend for Highmark Interactive'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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Highmark Interactive Days Payable Chart

Highmark Interactive Annual Data

Trend

Dec20

Dec21

Days Payable

268.71

190.54

Highmark Interactive Quarterly Data
	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Payable	Get a 7-Day Free Trial			11.41	44.97	73.51	64.80	91.40

Competitive Comparison of Highmark Interactive's Days Payable

For the Health Information Services subindustry, Highmark Interactive'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.

Highmark Interactive's Days Payable Distribution in the Healthcare Providers & Services Industry

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

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

Highmark Interactive 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.

Highmark Interactive's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (0.24	+	0.542)	/	2 )	/	0.749	*	365
=	0.391					/	0.749	*	365
=	190.54

Highmark Interactive's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

	Days Payable (Q: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (0.41	+	0.804)	/	2 )	/	0.606	*	365 / 4
=	0.607					/	0.606	*	365 / 4
=	91.40

Highmark Interactive Days Payable Related Terms

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Highmark Interactive (TSXV:HMRK.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Highmark Interactive Inc (TSXV:HMRK.H) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

115 George Street, Suite 602, Oakville, NU, CAN, L6J 0A2

Website

https://www.highmark.tech

Highmark Interactive Inc provides a complete solution for brain health through its proprietary digital brain health assessment tools and its growing network of virtual, in-clinic, and hybrid clinics. The company has three reportable segments; Technology, Medical services and Corporate segment.

Highmark Interactive (TSXV:HMRK.H) Headlines

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