Vasamed (Vasamed) Days Payable : 47.93 (As of Sep. 2006)

View and export this data going back to 1996. Start your Free Trial

What is Vasamed Days Payable?

Vasamed's average Accounts Payable for the three months ended in Sep. 2006 was $0.19 Mil. Vasamed's Cost of Goods Sold for the three months ended in Sep. 2006 was $0.36 Mil. Hence, Vasamed's Days Payable for the three months ended in Sep. 2006 was 47.93.

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

VSMD's Days Payable is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 72.505
* Ranked among companies with meaningful Days Payable only.

Vasamed's Days Payable declined from Sep. 2005 (90.64) to Sep. 2006 (47.93). It may suggest that Vasamed accelerated paying its suppliers.

Vasamed Days Payable Historical Data

The historical data trend for Vasamed'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.

* Premium members only.

Vasamed Days Payable Chart

Vasamed Annual Data

Trend

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Days Payable

Get a 7-Day Free Trial

122.39

32.40

32.63

41.64

Vasamed Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Days Payable	Get a 7-Day Free Trial															90.64	43.58	46.42	45.40	47.93

Competitive Comparison of Vasamed's Days Payable

For the Medical Instruments & Supplies subindustry, Vasamed'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.

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

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

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

Vasamed 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.

Vasamed's Days Payable for the fiscal year that ended in Dec. 2005 is calculated as

	Days Payable (A: Dec. 2005 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2004 )	+	Accounts Payable (A: Dec. 2005 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2005 )	*	Days in Period
=	( (0.14	+	0.192)	/	2 )	/	1.455	*	365
=	0.166					/	1.455	*	365
=	41.64

Vasamed's Days Payable for the quarter that ended in Sep. 2006 is calculated as:

	Days Payable (Q: Sep. 2006 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2006 )	+	Accounts Payable (Q: Sep. 2006 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2006 )	*	Days in Period
=	( (0.193	+	0.182)	/	2 )	/	0.357	*	365 / 4
=	0.1875					/	0.357	*	365 / 4
=	47.93

Vasamed Days Payable Related Terms

Thank you for viewing the detailed overview of Vasamed's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Vasamed (Vasamed) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Vasamed Inc (OTCPK:VSMD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7615 Golden Triangle Drive, Suite A, Eden Prairie, MN, USA, 55344-3733

Website

http://www.vasamed.com

Vasamed Inc develops, manufactures and markets low-cost, non-invasive peripheral and cardiovascular diagnostic systems for hemodynamic assessment.

Vasamed (Vasamed) Headlines

No Headlines