Mangoceuticals (Mangoceuticals) Days Payable : 811.72 (As of Mar. 2024)

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What is Mangoceuticals Days Payable?

Mangoceuticals's average Accounts Payable for the three months ended in Mar. 2024 was $0.60 Mil. Mangoceuticals's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.07 Mil. Hence, Mangoceuticals's Days Payable for the three months ended in Mar. 2024 was 811.72.

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

MGRX' s Days Payable Range Over the Past 10 Years
Min: 106.81 Med: 1604.66 Max: 3102.5
Current: 326.91

During the past 3 years, Mangoceuticals's highest Days Payable was 3102.50. The lowest was 106.81. And the median was 1604.66.

MGRX's Days Payable is ranked better than
88.79% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 62.91 vs MGRX: 326.91

Mangoceuticals's Days Payable increased from Mar. 2023 (67.40) to Mar. 2024 (811.72). It may suggest that Mangoceuticals delayed paying its suppliers.

Mangoceuticals Days Payable Historical Data

The historical data trend for Mangoceuticals'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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Mangoceuticals Days Payable Chart

Mangoceuticals Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

3,102.50

106.81

Mangoceuticals Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial					67.40	136.03	99.92	103.90	811.72

Competitive Comparison of Mangoceuticals's Days Payable

For the Health Information Services subindustry, Mangoceuticals'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.

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

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

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

Mangoceuticals 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.

Mangoceuticals'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
=	( (0.034	+	0.141)	/	2 )	/	0.299	*	365
=	0.0875					/	0.299	*	365
=	106.81

Mangoceuticals'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
=	( (0.141	+	1.051)	/	2 )	/	0.067	*	365 / 4
=	0.596					/	0.067	*	365 / 4
=	811.72

Mangoceuticals Days Payable Related Terms

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Mangoceuticals (Mangoceuticals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Mangoceuticals Inc (NAS:MGRX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

15110 N. Dallas Parkway, Suite 600, Dallas, TX, USA, 75248

Website

https://www.mangoceuticals.com

Mangoceuticals Inc focuses on developing, marketing, and selling a variety of men's wellness products and services through a telemedicine platform. The platform provide access for customers to a licensed pharmacy for online fulfillment and distribution of certain medications that may be prescribed as part of telehealth consultations, including Mango ED product.

Executives

Amanda Elizabeth Hammer	officer: Chief Operating Officer	5128 GADSDEN AVENUE, KELLER TX 76244
Jacob D. Cohen	director, 10 percent owner, officer: CEO	2101 GLENDALE DRIVE, PLANO TX 75023
Tiger Cub Trust	10 percent owner	19 RYDDINGTON PL, DALLAS TX 75230
Kenny Myers	director	5101 ADDISON CIRCLE,, UNIT 401,, ADDISON TX 75001
Lorraine Pamela D'alessio	director	8200 WILSHIRE BLVD, BEVERLY HILLS, CALIFORNIA CA 90211
Eugene M Johnston	officer: CFO	PO BOX 669047, CHARLOTTE NC 28266
Jonathan Arango	director, officer: President, COO and Secretary	15110 DALLAS PARKWAY, SUITE 600, DALLAS TX 75248
Alex P. Hamilton	director	26 LOOP ROAD, BEDFORD NY 10506