AMIN (American International Industries) Days Payable: 81,326.56 (As of Sep. 2015)


What is American International Industries Days Payable?

American International Industries AMIN Days Payable is 81,326.56 as of Sep. 2015.

American International Industries's average Accounts Payable for the three months ended in Sep. 2015 was $1.78 Mil. American International Industries's Cost of Goods Sold for the three months ended in Sep. 2015 was $0.00 Mil. Hence, American International Industries's Days Payable for the three months ended in Sep. 2015 was 81,326.56.

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

AMIN's Days Payable is not ranked *
in the Conglomerates industry.
Industry Median: 55.855
* Ranked among companies with meaningful Days Payable only.

American International Industries's Days Payable increased from Sep. 2014 (7,776.09) to Sep. 2015 (81,326.56). It may suggest that American International Industries delayed paying its suppliers.

American International Industries Days Payable Related Terms

American International Industries Days Payable Historical Data

* Premium members only.

The historical data trend for American International Industries'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 International Industries Days Payable Chart

American International Industries Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 46.06 99.50 12,004.44 7,799.47

American International Industries Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 7,776.09 0.00 37,321.25 58,171.88 81,326.56

AMIN vs FWLAF, VBVT, CWNOF: Days Payable Comparison

For the Conglomerates subindustry, American International Industries'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 International Industries Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, American International Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where American International Industries's Days Payable falls into.


American International Industries 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 International Industries's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable (A: Dec. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2013 ) + Accounts Payable (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (0.392 + 1.232) / 2 ) / 0.038*365
=0.812 / 0.038*365
=7,799.47

American International Industries's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable (Q: Sep. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2015 ) + Accounts Payable (Q: Sep. 2015 )) / count ) / Cost of Goods Sold (Q: Sep. 2015 )*Days in Period
=( (1.785 + 1.78) / 2 ) / 0.002*365 / 4
=1.7825 / 0.002*365 / 4
=81,326.56

* 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 81,326.56 mean?
American International Industries (AMIN) has a Days Payable of 81,326.56 as of Sep. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on American International Industries and its competitors.
Is American International Industries' Days Payable too high?
American International Industries' current Days Payable is 81,326.56. The Conglomerates industry median Days Payable is 55.86. American International Industries' value of 81,326.56 is 145503% above this industry median.
How does American International Industries' Days Payable compare to FWLAF and VBVT?
American International Industries' Days Payable of 81,326.56 can be compared against companies in the Conglomerates industry. The industry median Days Payable is 55.86. American International Industries' value of 81,326.56 is 145503% above 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 a Conglomerates company?
The median Days Payable among Conglomerates companies is 55.86, based on 506 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 International Industries's current Days Payable of 81,326.56 is 145503% above 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 International Industries and its competitors. For the Conglomerates industry, the median Days Payable is 55.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American International Industries's current Days Payable is 81,326.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American International Industries stock overvalued right now?
American International Industries (AMIN) has a current Days Payable of 81,326.56. The current Days Payable is 81,326.56 and 145503% above the Conglomerates industry median of 55.86. 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 International Industries (AMIN), the current Days Payable is 81,326.56 as of Sep. 2015. 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 International Industries Business Description

Address 304 S Jones, Suite 223, Las Vegas, NV, USA, 89107
American International Industries Inc does not have current operations.