Jack Nathan Medical (TSXV:JNH) Days Payable : 221.70 (As of Oct. 2023)

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What is Jack Nathan Medical Days Payable?

Jack Nathan Medical's average Accounts Payable for the three months ended in Oct. 2023 was C$3.40 Mil. Jack Nathan Medical's Cost of Goods Sold for the three months ended in Oct. 2023 was C$1.40 Mil. Hence, Jack Nathan Medical's Days Payable for the three months ended in Oct. 2023 was 221.70.

The historical rank and industry rank for Jack Nathan Medical's Days Payable or its related term are showing as below:

TSXV:JNH' s Days Payable Range Over the Past 10 Years
Min: 170.6 Med: 247.81 Max: 1990.6
Current: 297.22

During the past 6 years, Jack Nathan Medical's highest Days Payable was 1990.60. The lowest was 170.60. And the median was 247.81.

TSXV:JNH's Days Payable is ranked better than
87.65% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 62.11 vs TSXV:JNH: 297.22

Jack Nathan Medical's Days Payable declined from Oct. 2022 (248.88) to Oct. 2023 (221.70). It may suggest that Jack Nathan Medical accelerated paying its suppliers.

Jack Nathan Medical Days Payable Historical Data

The historical data trend for Jack Nathan Medical'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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Jack Nathan Medical Days Payable Chart

Jack Nathan Medical Annual Data

Trend

Dec18

Dec19

Jan20

Jan21

Jan22

Jan23

Days Payable

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1,990.60

170.60

247.81

Jack Nathan Medical Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Days Payable	Get a 7-Day Free Trial															248.88	343.68	608.27	213.07	221.70

Competitive Comparison of Jack Nathan Medical's Days Payable

For the Medical Care Facilities subindustry, Jack Nathan Medical'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.

Jack Nathan Medical's Days Payable Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Jack Nathan Medical's Days Payable falls into.

Jack Nathan Medical 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.

Jack Nathan Medical's Days Payable for the fiscal year that ended in Jan. 2023 is calculated as

	Days Payable (A: Jan. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2022 )	+	Accounts Payable (A: Jan. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2023 )	*	Days in Period
=	( (1.817	+	3.165)	/	2 )	/	3.669	*	365
=	2.491					/	3.669	*	365
=	247.81

Jack Nathan Medical's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (2.741	+	4.052)	/	2 )	/	1.398	*	365 / 4
=	3.3965					/	1.398	*	365 / 4
=	221.70

Jack Nathan Medical Days Payable Related Terms

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Jack Nathan Medical (TSXV:JNH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Jack Nathan Medical Corp (TSXV:JNH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JNHMF:USA

Address

6 - 6150 Highway 7, Suite 491, Jack Nathan Health, Woodbridge, ON, CAN, L4H 0R6

Website

https://www.jacknathanhealth.com

Jack Nathan Medical Corp is a healthcare company that is improving access for millions of patients by co-locating physician and ancillary medical services, conveniently inside Walmart stores. The company generates the majority of its revenues from license fees, which are charged in exchange for the right to use its brand name and the licensed premises. Its geographical segments are Canada, which accounts for the vast majority of revenue; Mexico; and China.

Executives

George Barakat

10% Security Holder, Director

Jack Nathan Medical (TSXV:JNH) Headlines

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