Sierra Monitor (Sierra Monitor) Days Payable : 37.66 (As of Mar. 2019)

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

What is Sierra Monitor Days Payable?

Sierra Monitor's average Accounts Payable for the three months ended in Mar. 2019 was $0.94 Mil. Sierra Monitor's Cost of Goods Sold for the three months ended in Mar. 2019 was $2.27 Mil. Hence, Sierra Monitor's Days Payable for the three months ended in Mar. 2019 was 37.66.

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

SRMC's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 50.42
* Ranked among companies with meaningful Days Payable only.

Sierra Monitor's Days Payable declined from Mar. 2018 (47.51) to Mar. 2019 (37.66). It may suggest that Sierra Monitor accelerated paying its suppliers.

Sierra Monitor Days Payable Historical Data

The historical data trend for Sierra Monitor'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.

Sierra Monitor Days Payable Chart

Sierra Monitor Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Payable

Get a 7-Day Free Trial

32.72

39.99

40.39

41.02

42.39

Sierra Monitor Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Days Payable	Get a 7-Day Free Trial															47.51	34.50	38.43	48.23	37.66

Competitive Comparison of Sierra Monitor's Days Payable

For the Software - Infrastructure subindustry, Sierra Monitor'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.

Sierra Monitor's Days Payable Distribution in the Software Industry

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

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

Sierra Monitor 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.

Sierra Monitor'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
=	( (0.976	+	1.11)	/	2 )	/	8.98	*	365
=	1.043					/	8.98	*	365
=	42.39

Sierra Monitor's Days Payable for the quarter that ended in Mar. 2019 is calculated as:

	Days Payable (Q: Mar. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2018 )	+	Accounts Payable (Q: Mar. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2019 )	*	Days in Period
=	( (1.11	+	0.766)	/	2 )	/	2.273	*	365 / 4
=	0.938					/	2.273	*	365 / 4
=	37.66

Sierra Monitor Days Payable Related Terms

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

Sierra Monitor (Sierra Monitor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sierra Monitor Corp (OTCPK:SRMC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1991 Tarob Court, Milpitas, CA, USA, 95035

Website

http://www.sierramonitor.com

Sierra Monitor Corp provides the industrial and commercial facilities management market with IIoT solutions that connect and protect infrastructure assets. Its business divisions include Gas detection devices, Environmental controllers, and FieldServers. The company generates a majority of its revenue from the sale of FieldServers.

Executives

C Richard Kramlich	director	1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Ross D Demont	director	51 PICKWICK ROAD, NEWTON MA 02465
James D Norrod	director	C/O SIERRA MONITOR CORPORATION, 1991 TAROB CT, MILPITAS CA 95035