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RMG Networks Holding (RMG Networks Holding) Days Payable : 45.42 (As of Jun. 2018)


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What is RMG Networks Holding Days Payable?

RMG Networks Holding's average Accounts Payable for the three months ended in Jun. 2018 was $1.96 Mil. RMG Networks Holding's Cost of Goods Sold for the three months ended in Jun. 2018 was $3.95 Mil. Hence, RMG Networks Holding's Days Payable for the three months ended in Jun. 2018 was 45.42.

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

RMGN's Days Payable is not ranked *
in the Business Services industry.
Industry Median: 47.265
* Ranked among companies with meaningful Days Payable only.

RMG Networks Holding's Days Payable declined from Jun. 2017 (49.46) to Jun. 2018 (45.42). It may suggest that RMG Networks Holding accelerated paying its suppliers.

RMG Networks Holding Days Payable Historical Data

The historical data trend for RMG Networks Holding'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.

RMG Networks Holding Days Payable Chart

RMG Networks Holding Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Payable
Get a 7-Day Free Trial - 84.74 75.08 74.40 65.79

RMG Networks Holding Quarterly Data
Mar13 Sep13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.46 39.86 42.23 58.67 45.42

Competitive Comparison of RMG Networks Holding's Days Payable

For the Specialty Business Services subindustry, RMG Networks Holding'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.

RMG Networks Holding's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, RMG Networks Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where RMG Networks Holding's Days Payable falls into.


RMG Networks Holding 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.

RMG Networks Holding's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (3.231 + 2.504) / 2 ) / 15.909*365
=2.8675 / 15.909*365
=65.79

RMG Networks Holding's Days Payable for the quarter that ended in Jun. 2018 is calculated as:

Days Payable (Q: Jun. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2018 ) + Accounts Payable (Q: Jun. 2018 )) / count ) / Cost of Goods Sold (Q: Jun. 2018 )*Days in Period
=( (1.881 + 2.048) / 2 ) / 3.947*365 / 4
=1.9645 / 3.947*365 / 4
=45.42

* 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.

RMG Networks Holding Days Payable Related Terms

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RMG Networks Holding (RMG Networks Holding) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » RMG Networks Holding Corp (NAS:RMGN) » Definitions » Days Payable
Comparable Companies
NSE:ONEPOINT HKSE:00544 LSE:WYG SGRP TSE:7946 ROCO:6518 BOM:534328 WBO:S300 TSE:7855 TSE:7939 ASX:TSN LSE:GRA LSE:SECG BKK:K AMCT TSE:4707 NZSE:SDL XKLS:0122 TSE:7863 HKSE:08416
Traded in Other Exchanges
N/A
Address
Website
http://www.rmgnetworks.com
RMG Networks Holding Corp is a United States based company. It provides enterprise-class digital signage solutions that are relied upon by a majority of Fortune 100 companies and thousands of overall customers in locations worldwide. Its products are proprietary software, software-embedded hardware, maintenance and support services, content and creative services, installation services and third-party displays. The company delivers complete end-to-end intelligent visual communication solutions to its clients for critical contact center, supply chain, internal communications, hospitality, retail and other applications with a large concentration of customers in the financial services, telecommunications, manufacturing, healthcare, pharmaceutical, and in federal, state and local governments.
Executives
Gregory H Sachs director, 10 percent owner, officer: Executive Chairman SACHS CAPITAL GROUP, 2132 DEEP WATER LANE, SUITE 232, NAPERVILLE IL 60564
Par Capital Management Inc 10 percent owner 200 CLARENDON STREET, FL 48, BOSTON MA 02116
Par Investment Partners Lp 10 percent owner 200 CLARENDON STREET, FL 48, BOSTON MA 02116
Par Group, L.p. 10 percent owner ONE INTERNATIONAL PLACE, SUITE 2401, BOSTON MA 02110
Donna L Parlapiano director 200 SW 1ST AVE, SUITE 1600, FORT LAUDERDALE FL 33301