Greenbrook TMS (Greenbrook TMS) Days Payable : 45.55 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Greenbrook TMS Days Payable?

Greenbrook TMS's average Accounts Payable for the three months ended in Mar. 2024 was $10.08 Mil. Greenbrook TMS's Cost of Goods Sold for the three months ended in Mar. 2024 was $20.19 Mil. Hence, Greenbrook TMS's Days Payable for the three months ended in Mar. 2024 was 45.55.

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

GBNHF' s Days Payable Range Over the Past 10 Years
Min: 27.7 Med: 43.65 Max: 63.93
Current: 60.25

During the past 9 years, Greenbrook TMS's highest Days Payable was 63.93. The lowest was 27.70. And the median was 43.65.

GBNHF's Days Payable is ranked worse than
51.1% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.84 vs GBNHF: 60.25

Greenbrook TMS's Days Payable declined from Mar. 2023 (81.43) to Mar. 2024 (45.55). It may suggest that Greenbrook TMS accelerated paying its suppliers.

Greenbrook TMS Days Payable Historical Data

The historical data trend for Greenbrook TMS'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.

* Premium members only.

Greenbrook TMS Days Payable Chart

Greenbrook TMS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

43.65

55.30

56.30

63.79

63.93

Greenbrook TMS 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															81.43	-	-	20.63	45.55

Competitive Comparison of Greenbrook TMS's Days Payable

For the Medical Care Facilities subindustry, Greenbrook TMS'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.

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

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

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

Greenbrook TMS 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.

Greenbrook TMS'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
=	( (16.809	+	9.051)	/	2 )	/	73.817	*	365
=	12.93					/	73.817	*	365
=	63.93

Greenbrook TMS'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
=	( (9.051	+	11.108)	/	2 )	/	20.191	*	365 / 4
=	10.0795					/	20.191	*	365 / 4
=	45.55

Greenbrook TMS Days Payable Related Terms

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

Greenbrook TMS (Greenbrook TMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Greenbrook TMS Inc (OTCPK:GBNHF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

890 Yonge Street, 7th Floor, Toronto, ON, CAN, M4W 3P4

Website

https://www.greenbrooktms.com

Greenbrook TMS Inc is a provider of Transcranial Magnetic Stimulation (TMS) therapy, an FDA-cleared, non-invasive therapy for the treatment of major depressive disorder and other mental health disorders, in the United States. TMS therapy provides local electromagnetic stimulation to specific brain regions known to be directly associated with mood regulation. Greenbrook has provided over 11,00,000 TMS treatments to over 31,000 patients struggling with depression.