VentriPoint Diagnostics (TSXV:VPT) Days Payable : 11,543.13 (As of Sep. 2023)

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What is VentriPoint Diagnostics Days Payable?

VentriPoint Diagnostics's average Accounts Payable for the three months ended in Sep. 2023 was C$0.89 Mil. VentriPoint Diagnostics's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.01 Mil. Hence, VentriPoint Diagnostics's Days Payable for the three months ended in Sep. 2023 was 11,543.13.

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

TSXV:VPT' s Days Payable Range Over the Past 10 Years
Min: 1291.36 Med: 6935 Max: 40332.5
Current: 24589.77

During the past 13 years, VentriPoint Diagnostics's highest Days Payable was 40332.50. The lowest was 1291.36. And the median was 6935.00.

TSXV:VPT's Days Payable is ranked better than
98.73% of 785 companies
in the Medical Devices & Instruments industry
Industry Median: 73.19 vs TSXV:VPT: 24589.77

VentriPoint Diagnostics's Days Payable increased from Sep. 2022 (0.00) to Sep. 2023 (11,543.13). It may suggest that VentriPoint Diagnostics delayed paying its suppliers.

VentriPoint Diagnostics Days Payable Historical Data

The historical data trend for VentriPoint Diagnostics'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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VentriPoint Diagnostics Days Payable Chart

VentriPoint Diagnostics Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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7,552.28

7,984.38

40,332.50

33,415.75

VentriPoint Diagnostics Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															-	13,276.88	-	-	11,543.13

Competitive Comparison of VentriPoint Diagnostics's Days Payable

For the Medical Devices subindustry, VentriPoint Diagnostics'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.

VentriPoint Diagnostics's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, VentriPoint Diagnostics's Days Payable distribution charts can be found below:

* The bar in red indicates where VentriPoint Diagnostics's Days Payable falls into.

VentriPoint Diagnostics 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.

VentriPoint Diagnostics's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.989	+	0.842)	/	2 )	/	0.01	*	365
=	0.9155					/	0.01	*	365
=	33,415.75

VentriPoint Diagnostics's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.835	+	0.936)	/	2 )	/	0.007	*	365 / 4
=	0.8855					/	0.007	*	365 / 4
=	11,543.13

VentriPoint Diagnostics Days Payable Related Terms

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VentriPoint Diagnostics (TSXV:VPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » VentriPoint Diagnostics Ltd (TSXV:VPT) » Definitions » Days Payable

Comparable Companies

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VPTDF:USA 5V7:Germany

Address

18 Hook Avenue, Unit 101, Toronto, ON, CAN, M6P 1T4

Website

https://www.ventripoint.com

VentriPoint Diagnostics Ltd is a medical device company engaged in the development and commercialization of diagnostic tools that monitor patients with heart disease. It develops applications for heart diseases and imaging modalities which includes congenital heart disease, left or right heart failure, and normal hearts. It sells its products in Canada and internationally.

Executives

Robert Hodgkinson

Director

VentriPoint Diagnostics (TSXV:VPT) Headlines

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