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Agiliti (Agiliti) Days Payable : 30.55 (As of Dec. 2023)


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What is Agiliti Days Payable?

Agiliti's average Accounts Payable for the three months ended in Dec. 2023 was $65 Mil. Agiliti's Cost of Goods Sold for the three months ended in Dec. 2023 was $193 Mil. Hence, Agiliti's Days Payable for the three months ended in Dec. 2023 was 30.55.

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

AGTI' s Days Payable Range Over the Past 10 Years
Min: 27.06   Med: 28.64   Max: 33.76
Current: 31.12

During the past 6 years, Agiliti's highest Days Payable was 33.76. The lowest was 27.06. And the median was 28.64.

AGTI's Days Payable is ranked worse than
73.9% of 590 companies
in the Healthcare Providers & Services industry
Industry Median: 61.605 vs AGTI: 31.12

Agiliti's Days Payable declined from Dec. 2022 (30.99) to Dec. 2023 (30.55). It may suggest that Agiliti accelerated paying its suppliers.


Agiliti Days Payable Historical Data

The historical data trend for Agiliti'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.

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Agiliti Days Payable Chart

Agiliti Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 33.76 28.64 27.06 29.88 27.87

Agiliti Quarterly Data
Dec18 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 30.99 30.79 33.27 33.09 30.55

Competitive Comparison of Agiliti's Days Payable

For the Health Information Services subindustry, Agiliti'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.


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

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

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



Agiliti 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.

Agiliti'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
=( (59.163 + 58.518) / 2 ) / 770.501*365
=58.8405 / 770.501*365
=27.87

Agiliti'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
=( (70.995 + 58.518) / 2 ) / 193.43*365 / 4
=64.7565 / 193.43*365 / 4
=30.55

* 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.


Agiliti Days Payable Related Terms

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


Agiliti (Agiliti) Business Description

Traded in Other Exchanges
N/A
Address
11095 Viking Drive, Eden Prairie, MN, USA, 55344
Agiliti Inc is a provider of end-to-end healthcare technology management and service solutions to the United States healthcare industry. The services provided by the company include Clinical engineering, Equipment rental, Imaging services, and Onsite Management among others. Geographically, it operates only in the United States.
Executives
Thomas J Leonard director, officer: Chief Executive Officer CAREFUSION CORPORATION, 3750 TORREY VIEW COURT, SAN DIEGO CA 92130
James B Pekarek officer: EVP & CFO C/O UNIVERSAL HOSPITAL SERVICES, INC., 6625 WEST 78TH ST, SUITE 300, MINNEAPOLIS MN 55439
Matthew E. Mccabe officer: VP of Finance & Treasurer C/O AGILITI, INC., 6625 WEST 78TH STREET, SUITE 300, MINNEAPOLIS MN 55439
Lee M Neumann officer: SVP & GC C/O UNIVERSAL HOSPITAL SERVICES, INC, 6625 WEST 78TH ST, SUITE 300, MINNEAPOLIS MN 55439
Robert L Creviston officer: SVP, Human Resources C/O UNIVERSAL HOSPITAL SERVICES, INC, 6625 WEST 78TH ST, SUITE 300, MINNEAPOLIS MN 55439
Matthew Neale officer: SVP, Chief Information Officer 11095 VIKING DRIVE, SUITE 300, EDEN PRAIRIE MN 55344
Lori M. Jones officer: SVP, Chief Commercial Officer 11095 VIKING DRIVE, SUITE 300, EDEN PRAIRIE MN 55344
Derrick L Johnson officer: SVP, Chief Operating Officer C/O LXP INDUSTRIAL TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
David Anbari officer: SVP, STRTGY & SOLUT'N MGMT 11095 VIKING DRIVE, SUITE 300, EDEN PRAIRIE MN 55344
Gary L. Gottlieb director 1 VAN DE GRAAFF DRIVE, BURLINGTON MA 01803
C Martin Harris director
Bettyann Bird officer: SVP, Strtgy & Solut'n Mgmt C/O UNIVERSAL HOSPITAL SERVICES, INC., 6625 WEST 78TH ST, SUITE 300, MINNEAPOLIS MN 55439
Scott A Christensen officer: VP, Controller & CAO C/O UNIVERSAL HOSPITAL SERVICES, INC., 6625 WEST 78TH ST, SUITE 300, MINNEAPOLIS MN 55439
Diane B. Patrick director C/O AGILITI, INC., 6625 WEST 78TH STREET, SUITE 300, MINNEAPOLIS MN 55439
John L Workman director C/O HEALTHSOUTH CORPORATION, ONE HEALTHSOUTH PARKWAY, BIRMINGHAM AL 35243