Verecloud (Verecloud) Days Payable

: 68.36 (As of Sep. 2011)

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Verecloud's average Accounts Payable for the three months ended in Sep. 2011 was $0.22 Mil. Verecloud's Cost of Goods Sold for the three months ended in Sep. 2011 was $0.30 Mil. Hence, Verecloud's Days Payable for the three months ended in Sep. 2011 was 68.36.

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

VCLD's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 51.51
* Ranked among companies with meaningful Days Payable only.

Verecloud's Days Payable increased from Sep. 2010 (39.84) to Sep. 2011 (68.36). It may suggest that Verecloud delayed paying its suppliers.

Verecloud Days Payable Historical Data

The historical data trend for Verecloud'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.

Verecloud Annual Data

Trend

Jul08

Jul09

Jun10

Jun11

Days Payable

12.53

35.18

Verecloud Quarterly Data
	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Days Payable												39.84	42.59	44.86	83.58	68.36

Competitive Comparison

For the Software - Application subindustry, Verecloud'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.

Verecloud Days Payable Distribution

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

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

Verecloud 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.

Verecloud's Days Payable for the fiscal year that ended in Jun. 2011 is calculated as

	Days Payable (A: Jun. 2011 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2010 )	+	Accounts Payable (A: Jun. 2011 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2011 )	*	Days in Period
=	( (0.175	+	0.271)	/	2 )	/	2.314	*	365
=	0.223					/	2.314	*	365
=	35.18

Verecloud's Days Payable for the quarter that ended in Sep. 2011 is calculated as:

	Days Payable (Q: Sep. 2011 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2011 )	+	Accounts Payable (Q: Sep. 2011 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2011 )	*	Days in Period
=	( (0.271	+	0.171)	/	2 )	/	0.295	*	365 / 4
=	0.221					/	0.295	*	365 / 4
=	68.36

Verecloud Days Payable Related Terms

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Verecloud (Verecloud) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

6560 South Greenwood Plaza Boulevard, Suite 400, Englewood, CO, USA, 80111

Website

http://www.verecloud.com

Verecloud Inc is a United States based technology company. The company created Nimbus CSB, is a cloud service brokerage platform, which connects and integrates cloud service suppliers to small and medium-size businesses (SMBs) through multiple distribution channels.

Executives

Gary A Agron

10 percent owner

5445 DTC PARKWAY, SUITE 520, ENGLEWOOD CO 80111

Verecloud (Verecloud) Headlines

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