AACS (American Commerce Solutions) Days Payable: 28.20 (As of Feb. 2016)


What is American Commerce Solutions Days Payable?

American Commerce Solutions AACS -99.00% Days Payable is 28.20 as of Feb. 2016.

American Commerce Solutions's average Accounts Payable for the three months ended in Feb. 2016 was $0.08 Mil. American Commerce Solutions's Cost of Goods Sold for the three months ended in Feb. 2016 was $0.25 Mil. Hence, American Commerce Solutions's Days Payable for the three months ended in Feb. 2016 was 28.20.

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

AACS's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.08
* Ranked among companies with meaningful Days Payable only.

American Commerce Solutions's Days Payable increased from Feb. 2015 (24.70) to Feb. 2016 (28.20). It may suggest that American Commerce Solutions delayed paying its suppliers.

American Commerce Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for American Commerce Solutions'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.

American Commerce Solutions Days Payable Chart

American Commerce Solutions Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.88 60.66 38.23 31.35 32.30

American Commerce Solutions Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.70 35.15 31.76 23.47 28.20

AACS vs TGTMF, EVTN, TNRG: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, American Commerce Solutions'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.

American Commerce Solutions Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, American Commerce Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where American Commerce Solutions's Days Payable falls into.


American Commerce Solutions 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.

American Commerce Solutions's Days Payable for the fiscal year that ended in Feb. 2016 is calculated as

Days Payable (A: Feb. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2015 ) + Accounts Payable (A: Feb. 2016 )) / count ) / Cost of Goods Sold (A: Feb. 2016 )*Days in Period
=( (0.076 + 0.101) / 2 ) / 1*365
=0.0885 / 1*365
=32.30

American Commerce Solutions's Days Payable for the quarter that ended in Feb. 2016 is calculated as:

Days Payable (Q: Feb. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2015 ) + Accounts Payable (Q: Feb. 2016 )) / count ) / Cost of Goods Sold (Q: Feb. 2016 )*Days in Period
=( (0.056 + 0.101) / 2 ) / 0.254*365 / 4
=0.0785 / 0.254*365 / 4
=28.20

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 28.20 mean?
American Commerce Solutions (AACS) has a Days Payable of 28.20 as of Feb. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on American Commerce Solutions and its competitors.
Is American Commerce Solutions' Days Payable too high?
American Commerce Solutions' current Days Payable is 28.20. The Industrial Products industry median Days Payable is 78.08. American Commerce Solutions' value of 28.20 is 63.9% below this industry median.
How does American Commerce Solutions' Days Payable compare to TGTMF and EVTN?
American Commerce Solutions' Days Payable of 28.20 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.08. American Commerce Solutions' value of 28.20 is 63.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,993 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American Commerce Solutions's current Days Payable of 28.20 is 63.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on American Commerce Solutions and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Commerce Solutions's current Days Payable is 28.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Commerce Solutions stock overvalued right now?
American Commerce Solutions (AACS) has a current Days Payable of 28.20. The current Days Payable is 28.20 and 63.9% below the Industrial Products industry median of 78.08. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For American Commerce Solutions (AACS), the current Days Payable is 28.20 as of Feb. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Commerce Solutions Business Description

Address 1502 North Taylor Road, Brandon, FL, USA, 33510
American Commerce Solutions Inc is a multi-industry holding company with a wholly owned subsidiary. The company is engaged in the machining and fabrication of parts used in heavy industry, and parts sales and service for heavy construction equipment.