Nutex Health (Nutex Health) Days Payable : 39.62 (As of Dec. 2023)

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What is Nutex Health Days Payable?

Nutex Health's average Accounts Payable for the three months ended in Dec. 2023 was $24.5 Mil. Nutex Health's Cost of Goods Sold for the three months ended in Dec. 2023 was $56.5 Mil. Hence, Nutex Health's Days Payable for the three months ended in Dec. 2023 was 39.62.

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

NUTX' s Days Payable Range Over the Past 10 Years
Min: 21.82 Med: 35.98 Max: 45.28
Current: 39.74

During the past 5 years, Nutex Health's highest Days Payable was 45.28. The lowest was 21.82. And the median was 35.98.

NUTX's Days Payable is ranked worse than
66.5% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.58 vs NUTX: 39.74

Nutex Health's Days Payable increased from Dec. 2022 (39.10) to Dec. 2023 (39.62). It may suggest that Nutex Health delayed paying its suppliers.

Nutex Health Days Payable Historical Data

The historical data trend for Nutex 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.

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Nutex Health Days Payable Chart

Nutex Health Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

21.82

31.51

40.45

45.28

Nutex Health Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial										39.10	41.21	36.40	36.14	39.62

Competitive Comparison of Nutex Health's Days Payable

For the Health Information Services subindustry, Nutex 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.

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

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

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

Nutex 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.

Nutex 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
=	( (27.53	+	25.281)	/	2 )	/	212.872	*	365
=	26.4055					/	212.872	*	365
=	45.28

Nutex Health'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
=	( (23.743	+	25.281)	/	2 )	/	56.456	*	365 / 4
=	24.512					/	56.456	*	365 / 4
=	39.62

Nutex Health Days Payable Related Terms

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

Nutex Health (Nutex Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Nutex Health Inc (NAS:NUTX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6030 S. Rice Ave, Suite C, Houston, TX, USA, 77081

Website

https://www.nutexhealth.com

Nutex Health Inc is healthcare services and operations company with 19 hospital facilities in eight states (hospital division), and a primary care-centric, risk-bearing population health management division. The hospital division implements and operates healthcare models, including micro-hospitals, specialty hospitals and hospital outpatient departments (HOPDs). The population health management division owns and operates provider networks such as independent physician associations (IPAs) and offers a cloud-based proprietary technology platform to IPAs that aggregates clinical and claims data across multiple settings, information systems and sources to create a holistic view of patients and providers.

Executives

Thomas T. Vo	director, officer: Chairman, CEO	6030 S. RICE AVE., SUITE C, HOUSTON TX 77081
Joshua Detillio	officer: Chief Operating Officer	6030 S. RICE AVENUE, SUITE C, HOUSTON TX 77081
Jon Christian Bates	officer: Chief Financial Officer	6030 S. RICE AVE., SUITE C, HOUSTON TX 77081
Mitchell Creem	director	700 NORTH BRAND BLVD., SUITE 450, GLENDALE CA 91203
Pamela W. Montgomery	officer: Chief Legal Off. & Secretary	6030 S. RICE AVE., SUITE C, HOUSTON TX 77081
Michael Lee Reed	director	6030 S. RICE AVE., SUITE C, HOUSTON TX 77081
Cheryl Yvonne Grenas	director	6030 S. RICE AVE., SUITE C, HOUSTON TX 77081
John J Waters	director	2165 TECHNOLOGY DRIVE, SCHENECTADY NY 12308
Danniel Stites	director	3050 S. DOBSON ROAD, CHANDLER AZ 85248
Premier Macy Management Holdings, Llc	10 percent owner	2819 CYPRESS DRIVE, TEXARKANA TX 75503
Michael Bowen	officer: Chief Financial Officer	501 1ST AVENUE NORTH, SUITE 901, ST. PETERSBURG FL 33701
Warren Hosseinion	director	C/O 1668 S. GARFIELD AVENUE, 2ND FLOOR, ALHAMBRA CA 91801
Lawrence Schimmel	officer: Chief Medical Information Off	5193 SW 75TH STREET, MIAMI FL 33143
Frederick Sternberg	officer: President of subsidiary	10772 SANDY RUN RD, JUPTIER FL 33478
Micro Hospital Holding Llc	10 percent owner	6030 S. RICE AVE., SUITE C, HOUSTON TX 77081