VIVE (Viveve Medical) Days Payable: 80.67 (As of Sep. 2022)

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VIVE Viveve Medical Inc VIVE
12 GF Score
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What is Viveve Medical Days Payable?

Viveve Medical VIVE 12 Days Payable is 80.67 as of Sep. 2022. GuruFocus rates VIVE with a GF Score™ of 12/100.

Viveve Medical's average Accounts Payable for the three months ended in Sep. 2022 was $1.01 Mil. Viveve Medical's Cost of Goods Sold for the three months ended in Sep. 2022 was $1.14 Mil. Hence, Viveve Medical's Days Payable for the three months ended in Sep. 2022 was 80.67.

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

VIVE's Days Payable is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 67.97
* Ranked among companies with meaningful Days Payable only.

Viveve Medical's Days Payable increased from Sep. 2021 (59.36) to Sep. 2022 (80.67). It may suggest that Viveve Medical delayed paying its suppliers.

Viveve Medical Days Payable Historical Data

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The historical data trend for Viveve 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.

Viveve Medical Days Payable Chart

Viveve Medical Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 183.45 143.32 184.18 87.64 74.21

Viveve Medical Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 59.36 72.39 106.45 76.17 80.67

VIVE vs NNMX, LHDXQ, ABT: Days Payable Comparison

For the Medical Devices subindustry, Viveve 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.

Viveve Medical Days Payable vs Medical Devices & Instruments Industry

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

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


VIVE
12GF Score
Viveve Medical Inc VIVE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Viveve 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.

Viveve Medical'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
=( (0.881 + 1.48) / 2 ) / 5.806*365
=1.1805 / 5.806*365
=74.21

Viveve Medical'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
=( (0.904 + 1.108) / 2 ) / 1.138*365 / 4
=1.006 / 1.138*365 / 4
=80.67

* 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 80.67 mean?
Viveve Medical (VIVE) has a Days Payable of 80.67 as of Sep. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Viveve Medical and its competitors.
Is Viveve Medical's Days Payable too high?
Viveve Medical's current Days Payable is 80.67. The Medical Devices & Instruments industry median Days Payable is 67.97. Viveve Medical's value of 80.67 is 18.7% above this industry median. Overall, Viveve Medical has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Viveve Medical's Days Payable compare to NNMX and LHDXQ?
Viveve Medical's Days Payable of 80.67 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 67.97. Viveve Medical's value of 80.67 is 18.7% above this benchmark. 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 67.97, based on 796 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. Viveve Medical's current Days Payable of 80.67 is 18.7% 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 Viveve Medical and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 67.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viveve Medical's current Days Payable is 80.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viveve Medical stock overvalued right now?
Viveve Medical (VIVE) has a current Days Payable of 80.67. The current Days Payable is 80.67 and 18.7% above the Medical Devices & Instruments industry median of 67.97. Viveve Medical's overall GF Score™ is 12/100. 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 Viveve Medical (VIVE), the current Days Payable is 80.67 as of Sep. 2022. 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.

Viveve Medical Business Description

Address 345 Inverness Drive South, Building B, Suite 250, Englewood, CO, USA, 80112
Viveve Medical Inc designs, develops, manufactures and markets a platform medical technology. Its Cryogen-cooled Monopolar Radiofrequency technology is delivered through a radiofrequency generator, handpiece and treatment tip, called the Viveve System. The Viveve System is for the non-invasive treatment of vaginal introital laxity, sexual function, vaginal rejuvenation, and stress urinary incontinence. The Viveve System is indicated for use and being marketed for use in general surgical procedures for electrocoagulation and hemostasis in the United States. It has a business presence in the US, Asia Pacific, Canada, Europe and Middle East and Latin America.
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