Averox (Averox) Days Payable : 0.00 (As of Jun. 2009)

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What is Averox Days Payable?

Averox's average Accounts Payable for the three months ended in Jun. 2009 was $0.00 Mil. Averox's Cost of Goods Sold for the three months ended in Jun. 2009 was $0.26 Mil. Hence, Averox's Days Payable for the three months ended in Jun. 2009 was 0.00.

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

AVRI's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 50.36
* Ranked among companies with meaningful Days Payable only.

Averox's Days Payable declined from Jun. 2008 (167.42) to Jun. 2009 (0.00). It may suggest that Averox accelerated paying its suppliers.

Averox Days Payable Historical Data

The historical data trend for Averox'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.

Averox Days Payable Chart

Averox Annual Data

Trend

Dec03

Dec04

Dec05

Jun07

Jun08

Days Payable

119.36

171.48

Averox Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Days Payable	Get a 7-Day Free Trial															167.42	337.12	552.16	2,036.89	-

Competitive Comparison of Averox's Days Payable

For the Software - Application subindustry, Averox'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.

Averox's Days Payable Distribution in the Software Industry

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

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

Averox 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.

Averox's Days Payable for the fiscal year that ended in Jun. 2008 is calculated as

	Days Payable (A: Jun. 2008 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2007 )	+	Accounts Payable (A: Jun. 2008 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2008 )	*	Days in Period
=	( (0.414	+	0.457)	/	2 )	/	0.927	*	365
=	0.4355					/	0.927	*	365
=	171.48

Averox's Days Payable for the quarter that ended in Jun. 2009 is calculated as:

	Days Payable (Q: Jun. 2009 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2009 )	+	Accounts Payable (Q: Jun. 2009 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2009 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.263	*	365 / 4
=	0					/	0.263	*	365 / 4
=	0.00

Averox Days Payable Related Terms

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

Averox (Averox) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Averox Inc (OTCPK:AVRI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

13784 Graber Avenue, Sylmar, CA, USA, 91342

Website

https://www.averox.com

Averox Inc started as a software company writing programs useful to small and large businesses. The current business plan is to merge with a private company, possibly a manufacturer of surgical instruments.

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