GoHealth (GoHealth) Days Payable : 273.51 (As of Dec. 2023)

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What is GoHealth Days Payable?

GoHealth's average Accounts Payable for the three months ended in Dec. 2023 was $123.1 Mil. GoHealth's Cost of Goods Sold for the three months ended in Dec. 2023 was $41.1 Mil. Hence, GoHealth's Days Payable for the three months ended in Dec. 2023 was 273.51.

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

GOCO' s Days Payable Range Over the Past 10 Years
Min: 132.41 Med: 176.31 Max: 314.12
Current: 280.38

During the past 6 years, GoHealth's highest Days Payable was 314.12. The lowest was 132.41. And the median was 176.31.

GOCO's Days Payable is ranked better than
89.8% of 49 companies
in the Insurance industry
Industry Median: 48.44 vs GOCO: 280.38

GoHealth's Days Payable declined from Dec. 2022 (477.82) to Dec. 2023 (273.51). It may suggest that GoHealth accelerated paying its suppliers.

GoHealth Days Payable Historical Data

The historical data trend for GoHealth'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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GoHealth Days Payable Chart

GoHealth Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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143.65

176.31

273.43

314.12

GoHealth Quarterly Data
	Dec18	Mar19	Jun19	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															477.82	252.50	284.46	282.06	273.51

Competitive Comparison of GoHealth's Days Payable

For the Insurance Brokers subindustry, GoHealth'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.

GoHealth's Days Payable Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, GoHealth's Days Payable distribution charts can be found below:

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

GoHealth 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.

GoHealth'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
=	( (137.171	+	136.437)	/	2 )	/	158.961	*	365
=	136.804					/	158.961	*	365
=	314.12

GoHealth'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
=	( (109.853	+	136.437)	/	2 )	/	41.085	*	365 / 4
=	123.145					/	41.085	*	365 / 4
=	273.51

GoHealth Days Payable Related Terms

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GoHealth (GoHealth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » GoHealth Inc (NAS:GOCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

214 West Huron Street, Chicago, IL, USA, 60654

Website

https://www.gohealth.com

GoHealth Inc is a health insurance marketplace in America. Its technology platform leverages modern machine-learning algorithms and helps individuals find the best health insurance plan for their specific needs. The company operates in four segments: Medicare-Internal; Medicare-External, IFP and Other-Internal; and IFP and Other-External. The Medicare segments sales Medicare Advantage, Medicare Supplement, Medicare prescription drug plans, and Medicare Special Needs Plans.

Executives

Vijay Kotte	officer: Chief Executive Officer	C/O R1 RCM INC., 401 N. MICHIGAN AVENUE, SUITE 2700, CHICAGO IL 60611
Mike Hargis	officer: Chief Operating Officer	222 W. MERCHANDISE MART PLAZA, SUITE 1750, CHICAGO IL 60654
Jason Schulz	officer: Chief Financial Officer	C/O GOHEALTH, INC., 214 WEST HURON STREET, CHICAGO IL 60654
Karolina Hanna Hilu	director	214 W HURON ST, CHICAGO IL 60654
Cb Blizzard Holdings C, L.p.	10 percent owner	C/O CENTERBRIDGE PARTNERS, 375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Ccp Iii Cayman Gp Ltd.	10 percent owner	C/O CENTERBRIDGE PARTNERS, L.P., 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings A, L.p.	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings Gp B, Llc	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings Gp A, Llc	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings B, L.p.	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Christopher Litchford	director	214 WEST HURON ST.,, CHICAGO IL 60654
David Fisher	director	39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60605
Vance Cushman Johnston	officer: Chief Financial Officer	1 N BRENTWOOD BLVD, ST LOUIS MO 63105
Nvx Holdings, Inc.	10 percent owner	C/O GOHEALTH, INC., 214 WEST HURON STREET,11TH FLOOR, CHICAGO IL 60654
Clinton P. Jones	director, 10 percent owner, officer: Chief Executive Officer	GOHEALTH, INC., 214 WEST HURON STREET, CHICAGO IL 60654