WHSI (Wearable Health Solutions) Days Payable: 199.54 (As of Dec. 2023)

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What is Wearable Health Solutions Days Payable?

Wearable Health Solutions WHSI Days Payable is 199.54 as of Dec. 2023.

Wearable Health Solutions's average Accounts Payable for the three months ended in Dec. 2023 was $0.18 Mil. Wearable Health Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.08 Mil. Hence, Wearable Health Solutions's Days Payable for the three months ended in Dec. 2023 was 199.54.

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

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

Wearable Health Solutions's Days Payable increased from Dec. 2022 (51.62) to Dec. 2023 (199.54). It may suggest that Wearable Health Solutions delayed paying its suppliers.


Wearable Health Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for Wearable Health Solutions'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.

Wearable Health Solutions Days Payable Chart

Wearable Health Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 145.36 192.21 126.85 125.09 84.55

Wearable Health Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 51.62 37.85 84.94 318.46 199.54

WHSI vs SNAL, GDEV, GRVY: Days Payable Comparison

For the Medical Instruments & Supplies subindustry, Wearable Health Solutions'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.


Wearable Health Solutions Days Payable vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Wearable Health Solutions's Days Payable falls into.



Wearable Health Solutions 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.

Wearable Health Solutions's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.058 + 0.163) / 2 ) / 0.477*365
=0.1105 / 0.477*365
=84.55

Wearable Health Solutions's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.186 + 0.177) / 2 ) / 0.083*365 / 4
=0.1815 / 0.083*365 / 4
=199.54

* 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 199.54 mean?
Wearable Health Solutions (WHSI) has a Days Payable of 199.54 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Wearable Health Solutions and its competitors.
Is Wearable Health Solutions' Days Payable too high?
Wearable Health Solutions' current Days Payable is 199.54. The Medical Devices & Instruments industry median Days Payable is 67.97. Wearable Health Solutions' value of 199.54 is 193.6% above this industry median.
How does Wearable Health Solutions' Days Payable compare to SNAL and GDEV?
Wearable Health Solutions' Days Payable of 199.54 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 67.97. Wearable Health Solutions' value of 199.54 is 193.6% 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 794 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. Wearable Health Solutions's current Days Payable of 199.54 is 193.6% 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 Wearable Health Solutions 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. Wearable Health Solutions's current Days Payable is 199.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wearable Health Solutions stock overvalued right now?
Wearable Health Solutions (WHSI) has a current Days Payable of 199.54. The current Days Payable is 199.54 and 193.6% above 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 Wearable Health Solutions (WHSI), the current Days Payable is 199.54 as of Dec. 2023. 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.

Wearable Health Solutions Business Description

Address 2901 Pacific Coast Highway, Suite 200, Newport Beach, CA, USA, 92663
Wearable Health Solutions Inc is engaged in manufacturing medical alarm devices which are used to summon help in the event of an emergency. The company provides mobile health (mHealth) products and services to be used by customers in case of an emergency. As a provider of personal emergency devices, it provides wearable healthcare products, tracking services, and turn-key solutions that enable its users to be proactive with their health, as well as safe and protected.