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


What is Vasamed Days Payable?

Vasamed VSMD Days Payable is 47.93 as of Sep. 2006.

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: 67.97
* 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

* Premium members only.

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.

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 Premium Member Only Premium Member Only 0.00 122.39 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 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 90.64 43.58 46.42 45.40 47.93

VSMD vs LENSF, WHSI, ASNB: Days Payable Comparison

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 Days Payable vs 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

* 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 47.93 mean?
Vasamed (VSMD) has a Days Payable of 47.93 as of Sep. 2006. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vasamed and its competitors.
Is Vasamed's Days Payable too high?
Vasamed's current Days Payable is 47.93. The Medical Devices & Instruments industry median Days Payable is 67.97. Vasamed's value of 47.93 is 29.5% below this industry median.
How does Vasamed's Days Payable compare to LENSF and WHSI?
Vasamed's Days Payable of 47.93 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 67.97. Vasamed's value of 47.93 is 29.5% below 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. Vasamed's current Days Payable of 47.93 is 29.5% below 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 Vasamed 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. Vasamed's current Days Payable is 47.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vasamed stock overvalued right now?
Vasamed (VSMD) has a current Days Payable of 47.93. The current Days Payable is 47.93 and 29.5% below the Medical Devices & Instruments industry median of 67.97. 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 Vasamed (VSMD), the current Days Payable is 47.93 as of Sep. 2006. 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.

Vasamed Business Description

Address 7615 Golden Triangle Drive, Suite A, Eden Prairie, MN, USA, 55344-3733
Vasamed Inc develops, manufactures and markets low-cost, non-invasive peripheral and cardiovascular diagnostic systems for hemodynamic assessment.