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American Defense Systems (American Defense Systems) Days Payable : 260.53 (As of Sep. 2012)


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What is American Defense Systems Days Payable?

American Defense Systems's average Accounts Payable for the three months ended in Sep. 2012 was $2.59 Mil. American Defense Systems's Cost of Goods Sold for the three months ended in Sep. 2012 was $0.91 Mil. Hence, American Defense Systems's Days Payable for the three months ended in Sep. 2012 was 260.53.

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

ADFS's Days Payable is not ranked *
in the Aerospace & Defense industry.
Industry Median: 74.7
* Ranked among companies with meaningful Days Payable only.

American Defense Systems's Days Payable increased from Sep. 2011 (182.30) to Sep. 2012 (260.53). It may suggest that American Defense Systems delayed paying its suppliers.

American Defense Systems Days Payable Historical Data

The historical data trend for American Defense Systems'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.

American Defense Systems Days Payable Chart

American Defense Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Days Payable
Get a 7-Day Free Trial 71.84 57.95 49.36 84.17 213.63

American Defense Systems Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 182.30 240.73 196.59 303.88 260.53

Competitive Comparison of American Defense Systems's Days Payable

For the Aerospace & Defense subindustry, American Defense Systems'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 Defense Systems's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, American Defense Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where American Defense Systems's Days Payable falls into.


American Defense Systems 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 Defense Systems's Days Payable for the fiscal year that ended in Dec. 2011 is calculated as

Days Payable (A: Dec. 2011 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2010 ) + Accounts Payable (A: Dec. 2011 )) / count ) / Cost of Goods Sold (A: Dec. 2011 )*Days in Period
=( (3.178 + 3.06) / 2 ) / 5.329*365
=3.119 / 5.329*365
=213.63

American Defense Systems's Days Payable for the quarter that ended in Sep. 2012 is calculated as:

Days Payable (Q: Sep. 2012 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2012 ) + Accounts Payable (Q: Sep. 2012 )) / count ) / Cost of Goods Sold (Q: Sep. 2012 )*Days in Period
=( (2.748 + 2.437) / 2 ) / 0.908*365 / 4
=2.5925 / 0.908*365 / 4
=260.53

* 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 Defense Systems Days Payable Related Terms

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American Defense Systems (American Defense Systems) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » American Defense Systems Inc (OTCPK:ADFS) » Definitions » Days Payable
Comparable Companies
XSAT:AERW B OSL:HYARD BOM:537669 ASDN BOM:517494 BOM:504176 TSXV:BPLI SGX:BEZ OCSE:ROV MKRS PSSR UAVS SGX:5RC BOM:522229 BSE:SNO MDEX XCNQ:SNA ASTC BKK:ASIMAR XPAR:ALDR
Traded in Other Exchanges
N/A
Address
3440 Toringdon way, suite 205, Room 218, Charlotte, NC, USA, 28277
Website
http://www.adsiarmor.com
American Defense Systems Inc is a defense and security products company engaged in three business areas: customized transparent and opaque armor solutions; architectural hardening and perimeter defense and tactical training products and services. It serves US government agencies, general contractors and other commercial and private entities operating in high-threat locations.
Executives
R Atticus Lowe 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
Lance W Helfert 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Opportunity Fund Llc 10 percent owner C/O WEST COAST ASSET MANAGEMENT INC, 2151 ALESANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Asset Management Inc 10 percent owner 1205 COAST VILLAGE ROAD, MONTECITO CA 93108
Paul J Orfalea 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001