RM2 International (RM2 International) Days Payable : 0.00 (As of Jun. 2020)

View and export this data going back to 1999. Start your Free Trial

What is RM2 International Days Payable?

RM2 International's average Accounts Payable for the three months ended in Jun. 2020 was $5.30 Mil. RM2 International's Cost of Goods Sold for the three months ended in Jun. 2020 was $0.00 Mil.

The historical rank and industry rank for RM2 International's Days Payable or its related term are showing as below:

RMTO's Days Payable is not ranked ^*
in the Industrial Products industry.
Industry Median: 76.43
* Ranked among companies with meaningful Days Payable only.

RM2 International's Days Payable declined from Sep. 2018 (56.05) to Jun. 2020 (0.00). It may suggest that RM2 International accelerated paying its suppliers.

RM2 International Days Payable Historical Data

The historical data trend for RM2 International'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.

RM2 International Days Payable Chart

RM2 International Annual Data

Trend

Dec10

Dec11

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Days Payable

Get a 7-Day Free Trial

37.34

35.07

48.89

62.28

46.32

RM2 International Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Jun20
Days Payable	Get a 7-Day Free Trial															56.05	49.70	56.38	-	-

Competitive Comparison of RM2 International's Days Payable

For the Metal Fabrication subindustry, RM2 International'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.

RM2 International's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RM2 International's Days Payable distribution charts can be found below:

* The bar in red indicates where RM2 International's Days Payable falls into.

RM2 International 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.

RM2 International's Days Payable for the fiscal year that ended in Jun. 2020 is calculated as

	Days Payable (A: Jun. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2019 )	+	Accounts Payable (A: Jun. 2020 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2020 )	*	Days in Period
=	( (7.786	+	2.804)	/	2 )	/	41.724	*	365
=	5.295					/	41.724	*	365
=	46.32

RM2 International's Days Payable for the quarter that ended in Jun. 2020 is calculated as:

	Days Payable (Q: Jun. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2019 )	+	Accounts Payable (Q: Jun. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2020 )	*	Days in Period
=	( (7.786	+	2.804)	/	2 )	/	0	*	365 / 4
=	5.295					/	0	*	365 / 4
=	N/A

RM2 International Days Payable Related Terms

Thank you for viewing the detailed overview of RM2 International's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

RM2 International (RM2 International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » RM2 International Inc (OTCPK:RMTO) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

810 Flightline Boulevard, Deland, FL, USA, 32724

Website

https://www.rm2.com

RM2 International Inc leases robust composite pallets to replace wooden pallets, including smart Internet of Things (IoT) technologies, to improve logistics. In every BLOCKPal pallet, embedded IoT sensors capture location, temperature, shock & tilt, and movement. Sensor data is transmitted via a high-speed LTE-M network to RM2's secure cloud database. RM2 issues, retrieves, and sanitizes more than 1.5 million of its hygienic IoT pallets annually through a nationwide network of over 30 service facilities in a cost-effective, scalable, and environmentally sustainable pallet pooling system.

Executives

Brian Knaley	other: Former Officer	C/O ARC GROUP WORLDWIDE, INC., 810 FLIGHTLINE BLVD., DELAND FL 32724
Everest Hill Group Inc.	10 percent owner	TROPIC ISLE BUILDING, P O BOX 3331, ROAD TOWN TORTOLA D8 VG 1110
Alan G Quasha	director	127 EAST 73RD STREET, NEW YORK NY 10021
Theodore Deinard	other: Former Interim CEO, CFO, & Dir	C/O ARC WIRELESS SOLUTIONS, INC., 6330 NORTH WASHINGTON ST., SUITE 13, DENVER CO 80216
Javier Baz	director	1100 HUMBOLDT STREET, DENVER CO 80218
Robert E Wade	director	C/O FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Randall P Marx	director, officer: CEO, President & Secretary
Monty R Lamirato	officer: CFO