Investco (Investco) Days Payable : 123.03 (As of Mar. 2003)

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What is Investco Days Payable?

Investco's average Accounts Payable for the three months ended in Mar. 2003 was $1.37 Mil. Investco's Cost of Goods Sold for the three months ended in Mar. 2003 was $1.02 Mil. Hence, Investco's Days Payable for the three months ended in Mar. 2003 was 123.03.

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

IVCO's Days Payable is not ranked ^*
in the Real Estate industry.
Industry Median: 97.33
* Ranked among companies with meaningful Days Payable only.

Investco's Days Payable increased from Mar. 2002 (51.79) to Mar. 2003 (123.03). It may suggest that Investco delayed paying its suppliers.

Investco Days Payable Historical Data

The historical data trend for Investco'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.

Investco Days Payable Chart

Investco Annual Data

Trend

Dec00

Dec01

Dec02

Days Payable

122.86

37.73

79.60

Investco Quarterly Data
	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03
Days Payable	Get a 7-Day Free Trial						51.79	41.49	44.92	59.67	123.03

Competitive Comparison of Investco's Days Payable

For the Real Estate - Development subindustry, Investco'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.

Investco's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Investco's Days Payable distribution charts can be found below:

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

Investco 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.

Investco's Days Payable for the fiscal year that ended in Dec. 2002 is calculated as

	Days Payable (A: Dec. 2002 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2001 )	+	Accounts Payable (A: Dec. 2002 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2002 )	*	Days in Period
=	( (0.425	+	1.359)	/	2 )	/	4.09	*	365
=	0.892					/	4.09	*	365
=	79.60

Investco's Days Payable for the quarter that ended in Mar. 2003 is calculated as:

	Days Payable (Q: Mar. 2003 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2002 )	+	Accounts Payable (Q: Mar. 2003 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2003 )	*	Days in Period
=	( (1.359	+	1.378)	/	2 )	/	1.015	*	365 / 4
=	1.3685					/	1.015	*	365 / 4
=	123.03

Investco Days Payable Related Terms

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Investco (Investco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Investco Inc (OTCPK:IVCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1280 Bison B9-21, Newport Beach, CA, USA, 92660

Website

http://www.investco.com

Investco Inc is engaged in the development and investment in real estate.

Executives

Richard O Weed

10 percent owner

4695 MACARTHUR COURT STE 1430, NEWPORT BEACH CA 92660

Investco (Investco) Headlines

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