Teladoc Health (BSP:T2DH34) Days Payable : 18.91 (As of Mar. 2024)

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What is Teladoc Health Days Payable?

Teladoc Health's average Accounts Payable for the three months ended in Mar. 2024 was R$201 Mil. Teladoc Health's Cost of Goods Sold for the three months ended in Mar. 2024 was R$969 Mil. Hence, Teladoc Health's Days Payable for the three months ended in Mar. 2024 was 18.91.

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

BSP:T2DH34' s Days Payable Range Over the Past 10 Years
Min: 15.47 Med: 24.35 Max: 41.85
Current: 15.47

During the past 11 years, Teladoc Health's highest Days Payable was 41.85. The lowest was 15.47. And the median was 24.35.

BSP:T2DH34's Days Payable is ranked worse than
87.31% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.58 vs BSP:T2DH34: 15.47

Teladoc Health's Days Payable declined from Mar. 2023 (20.80) to Mar. 2024 (18.91). It may suggest that Teladoc Health accelerated paying its suppliers.

Teladoc Health Days Payable Historical Data

The historical data trend for Teladoc Health'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.

Teladoc Health Days Payable Chart

Teladoc Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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16.25

24.87

25.02

24.20

22.74

Teladoc Health Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															20.80	13.77	10.25	16.47	18.91

Competitive Comparison of Teladoc Health's Days Payable

For the Health Information Services subindustry, Teladoc Health'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.

Teladoc Health's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Teladoc Health's Days Payable distribution charts can be found below:

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

Teladoc Health 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.

Teladoc Health's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (250.153	+	213.813)	/	2 )	/	3724	*	365
=	231.983					/	3724	*	365
=	22.74

Teladoc Health's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (213.813	+	187.609)	/	2 )	/	968.76	*	365 / 4
=	200.711					/	968.76	*	365 / 4
=	18.91

Teladoc Health Days Payable Related Terms

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Teladoc Health (BSP:T2DH34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Teladoc Health Inc (BSP:T2DH34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TDOC:USA TDOC:Mexico 4LL:Germany

Address

2 Manhattanville Road, Suite 203, Purchase, NY, USA, 10577

Website

https://www.teladochealth.com

Teladoc Health is a virtual health provider with a telehealth platform delivering 24-hour, on-demand healthcare via mobile devices, the internet, video, and phone. It also offers remote patient monitoring programs for chronic care management. Its platform connects members with a network of physicians and behavioral health professionals. Most of the company's revenue is generated from access fees on a subscription basis (per member, per month). The balance comes from visit fees and equipment rental and sales to hospital systems. Since inception, Teladoc has primarily partnered with employers, health plans, and health systems to offer network access to their members; it has also started to market directly to consumers while expanding its service portfolio.

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