Reeltime Rentals (Reeltime Rentals) Days Payable : 29.80 (As of Dec. 2018)

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What is Reeltime Rentals Days Payable?

Reeltime Rentals's average Accounts Payable for the three months ended in Dec. 2018 was $0.08 Mil. Reeltime Rentals's Cost of Goods Sold for the three months ended in Dec. 2018 was $0.25 Mil. Hence, Reeltime Rentals's Days Payable for the three months ended in Dec. 2018 was 29.80.

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

RLTR's Days Payable is not ranked ^*
in the Media - Diversified industry.
Industry Median: 79.27
* Ranked among companies with meaningful Days Payable only.

Reeltime Rentals's Days Payable declined from Dec. 2017 (825.81) to Dec. 2018 (29.80). It may suggest that Reeltime Rentals accelerated paying its suppliers.

Reeltime Rentals Days Payable Historical Data

The historical data trend for Reeltime Rentals'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.

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Reeltime Rentals Days Payable Chart

Reeltime Rentals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Days Payable

1,460.00

413.03

777.10

283.89

71.27

Reeltime Rentals Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Days Payable	Get a 7-Day Free Trial															825.81	389.89	142.03	126.45	29.80

Competitive Comparison of Reeltime Rentals's Days Payable

For the Entertainment subindustry, Reeltime Rentals'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.

Reeltime Rentals's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Reeltime Rentals's Days Payable distribution charts can be found below:

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

Reeltime Rentals 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.

Reeltime Rentals's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

	Days Payable (A: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2017 )	+	Accounts Payable (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (0.092	+	0.065)	/	2 )	/	0.402	*	365
=	0.0785					/	0.402	*	365
=	71.27

Reeltime Rentals's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

	Days Payable (Q: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2018 )	+	Accounts Payable (Q: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
=	( (0.097	+	0.065)	/	2 )	/	0.248	*	365 / 4
=	0.081					/	0.248	*	365 / 4
=	29.80

Reeltime Rentals Days Payable Related Terms

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Reeltime Rentals (Reeltime Rentals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Reeltime Rentals Inc (OTCPK:RLTR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4203 223rd Place SE, Bothell, WA, USA, 98021

Website

https://www.reeltime.com

Reeltime Rentals Inc develops, produces, and distributes Virtual Reality content and technologies. The company has an end to end production, editing, and distribution capabilities for internal and external projects. It anticipates distributing content made by third parties over its distribution network through licensing, acquisition, and joint ventures. It develops three ongoing series for the Samsung Gear VR platform and distributes them over numerous VR delivery portals including Gear VR, Oculus, Veer VR, Vimeo, LittlStar, IGTV, HTC Vive, YouTube, Facebook, and others.