Viemed Healthcare (Viemed Healthcare) Days Payable : 35.56 (As of Mar. 2024)

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What is Viemed Healthcare Days Payable?

Viemed Healthcare's average Accounts Payable for the three months ended in Mar. 2024 was $8.1 Mil. Viemed Healthcare's Cost of Goods Sold for the three months ended in Mar. 2024 was $20.8 Mil. Hence, Viemed Healthcare's Days Payable for the three months ended in Mar. 2024 was 35.56.

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

VMD' s Days Payable Range Over the Past 10 Years
Min: 32 Med: 45.48 Max: 111.87
Current: 39.71

During the past 8 years, Viemed Healthcare's highest Days Payable was 111.87. The lowest was 32.00. And the median was 45.48.

VMD's Days Payable is ranked worse than
77.48% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 73.355 vs VMD: 39.71

Viemed Healthcare's Days Payable increased from Mar. 2023 (33.93) to Mar. 2024 (35.56). It may suggest that Viemed Healthcare delayed paying its suppliers.

Viemed Healthcare Days Payable Historical Data

The historical data trend for Viemed Healthcare'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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Viemed Healthcare Days Payable Chart

Viemed Healthcare Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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94.58

32.33

35.95

34.22

32.00

Viemed Healthcare 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															33.93	41.27	44.04	40.89	35.56

Competitive Comparison of Viemed Healthcare's Days Payable

For the Medical Devices subindustry, Viemed Healthcare'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.

Viemed Healthcare's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Viemed Healthcare's Days Payable distribution charts can be found below:

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

Viemed Healthcare 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.

Viemed Healthcare'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
=	( (4.904	+	7.41)	/	2 )	/	70.225	*	365
=	6.157					/	70.225	*	365
=	32.00

Viemed Healthcare'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
=	( (7.41	+	8.794)	/	2 )	/	20.791	*	365 / 4
=	8.102					/	20.791	*	365 / 4
=	35.56

Viemed Healthcare Days Payable Related Terms

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Viemed Healthcare (Viemed Healthcare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Viemed Healthcare Inc (NAS:VMD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VIJ:Germany

Address

625 E. Kaliste Saloom Road, Lafayette, LA, USA, 70508

Website

https://www.viemed.com

Viemed Healthcare Inc is a provider of equipment and home therapy to patients with respiratory disease, oxygen problems, sleep apnea and PAP treatment. The company also provides services such as respiratory disease management, neuromuscular care, in-home sleep testing and sleep apnea treatment, oxygen therapy, respiratory equipment rentals, and healthcare staffing services.

Executives

Jeremy Trahan	officer: Chief Legal Officer	625 E. KALISTE SALOOM RD., LAFAYETTE LA 70508
Timothy Smokoff	director	625 E KALISTE SALOOM RD, LAFAYETTE LA 70508
Nitin Kaushal	director	625 E KALISTE SALOOM RD, LAFAYETTE LA 70508
Randy E. Dobbs	director	C/O VIEMED HEALTHCARE, INC, 625 E. KALISTE SALOOM RD, LAFAYETTE LA 70508
Bruce D Greenstein	director	901 HUGH WALLIS ROAD SOUTH, LAFAYETTE LA 70508
William Todd Zehnder	director, officer: Chief Operating Officer	400 E. KALISTE SALOOM ROAD, SUITE 6000, LAFAYETTE LA 70508
Casey Hoyt	director, officer: Chief Executive Officer	625 E. KALISTE SALOOM RD., LAFAYETTE LA 70508
Michael Moore	officer: President	625 E. KALISTE SALOOM RD., LAFAYETTE LA 70508
Trae Fitzgerald	officer: Chief Financial Officer	625 E KALISTE SALOOM RD, LAFAYETTE LA 70508
William Frazier	director, officer: Chief Medical Officer	625 E KALISTE SALOOM RD, LAFAYETTE LA 70508
Jerome Cambre	officer: Vice President of Sales	625 E KALISTE SALOOM RD, LAFAYETTE LA 70508
Sabrina Heltz	director	625 E. KALISTE SALOOM ROAD, LAFAYETTE LA 70508
Ewell Patrick Eagan	officer: General Counsel	625 E. KALISTE SALOOM ROAD, LAFAYETTE LA 70508