GURUFOCUS.COM » STOCK LIST » Technology » Software » Agent Information Software Inc (OTCPK:AIFS) » Definitions » Days Payable

Agent Information Software (Agent Information Software) Days Payable : 9.17 (As of Dec. 2003)


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

What is Agent Information Software Days Payable?

Agent Information Software's average Accounts Payable for the three months ended in Dec. 2003 was $0.08 Mil. Agent Information Software's Cost of Goods Sold for the three months ended in Dec. 2003 was $0.79 Mil. Hence, Agent Information Software's Days Payable for the three months ended in Dec. 2003 was 9.17.

The historical rank and industry rank for Agent Information Software's Days Payable or its related term are showing as below:

AIFS's Days Payable is not ranked *
in the Software industry.
Industry Median: 50.01
* Ranked among companies with meaningful Days Payable only.

Agent Information Software's Days Payable declined from Dec. 2002 (24.81) to Dec. 2003 (9.17). It may suggest that Agent Information Software accelerated paying its suppliers.


Agent Information Software Days Payable Historical Data

The historical data trend for Agent Information Software'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.

Agent Information Software Days Payable Chart

Agent Information Software Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03
Days Payable
30.74 35.12 24.67 29.19 18.46

Agent Information Software Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
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 24.81 19.97 12.06 9.35 9.17

Competitive Comparison of Agent Information Software's Days Payable

For the Software - Application subindustry, Agent Information Software'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.


Agent Information Software's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Agent Information Software's Days Payable distribution charts can be found below:

* The bar in red indicates where Agent Information Software's Days Payable falls into.



Agent Information Software 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.

Agent Information Software's Days Payable for the fiscal year that ended in Dec. 2003 is calculated as

Days Payable (A: Dec. 2003 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2002 ) + Accounts Payable (A: Dec. 2003 )) / count ) / Cost of Goods Sold (A: Dec. 2003 )*Days in Period
=( (0.255 + 0.084) / 2 ) / 3.351*365
=0.1695 / 3.351*365
=18.46

Agent Information Software's Days Payable for the quarter that ended in Dec. 2003 is calculated as:

Days Payable (Q: Dec. 2003 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2003 ) + Accounts Payable (Q: Dec. 2003 )) / count ) / Cost of Goods Sold (Q: Dec. 2003 )*Days in Period
=( (0.075 + 0.084) / 2 ) / 0.791*365 / 4
=0.0795 / 0.791*365 / 4
=9.17

* 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.


Agent Information Software Days Payable Related Terms

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


Agent Information Software (Agent Information Software) Business Description

Traded in Other Exchanges
N/A
Address
760 East Francis Street, Units C & D, Ontario, CA, USA, 91761
Agent Information Software Inc provides software products and services that create, manage, publish, and access information content through the Internet or the web. The company offers data automation solutions to customers across multiple industries. Additionally, it also renders software as a service (SaaS), database subscriptions, software maintenance, and support contract services. The Company derives its revenues from various software subscriptions, maintenance and support services, licensing and other non-recurring services.

Agent Information Software (Agent Information Software) Headlines