ATLT (Atlas Technology International) Days Payable: 80.38 (As of Sep. 2017)


What is Atlas Technology International Days Payable?

Atlas Technology International ATLT Days Payable is 80.38 as of Sep. 2017.

Atlas Technology International's average Accounts Payable for the three months ended in Sep. 2017 was $1.21 Mil. Atlas Technology International's Cost of Goods Sold for the three months ended in Sep. 2017 was $1.37 Mil. Hence, Atlas Technology International's Days Payable for the three months ended in Sep. 2017 was 80.38.

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

ATLT's Days Payable is not ranked *
in the Hardware industry.
Industry Median: 69.935
* Ranked among companies with meaningful Days Payable only.

Atlas Technology International's Days Payable declined from Sep. 2016 (98.81) to Sep. 2017 (80.38). It may suggest that Atlas Technology International accelerated paying its suppliers.

Atlas Technology International Days Payable Historical Data

* Premium members only.

The historical data trend for Atlas Technology International'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.

Atlas Technology International Days Payable Chart

Atlas Technology International Annual Data
Trend Jul14 Jul15 Jun16 Jun17
Days Payable
0.00 4,197.50 0.00 64.01

Atlas Technology International Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Sep16 Dec16 Mar17 Jun17 Sep17
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 98.81 75.32 88.88 78.25 80.38

ATLT vs MFCO, TNLX: Days Payable Comparison

For the Electronic Components subindustry, Atlas Technology International'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.

Atlas Technology International Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Atlas Technology International's Days Payable distribution charts can be found below:

* The bar in red indicates where Atlas Technology International's Days Payable falls into.


Atlas Technology International 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.

Atlas Technology International's Days Payable for the fiscal year that ended in Jun. 2017 is calculated as

Days Payable (A: Jun. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2016 ) + Accounts Payable (A: Jun. 2017 )) / count ) / Cost of Goods Sold (A: Jun. 2017 )*Days in Period
=( (0.009 + 0.991) / 2 ) / 2.851*365
=0.5 / 2.851*365
=64.01

Atlas Technology International's Days Payable for the quarter that ended in Sep. 2017 is calculated as:

Days Payable (Q: Sep. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2017 ) + Accounts Payable (Q: Sep. 2017 )) / count ) / Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=( (0.991 + 1.426) / 2 ) / 1.372*365 / 4
=1.2085 / 1.372*365 / 4
=80.38

* 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 80.38 mean?
Atlas Technology International (ATLT) has a Days Payable of 80.38 as of Sep. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Atlas Technology International and its competitors.
Is Atlas Technology International's Days Payable too high?
Atlas Technology International's current Days Payable is 80.38. The Hardware industry median Days Payable is 69.94. Atlas Technology International's value of 80.38 is 14.9% above this industry median.
How does Atlas Technology International's Days Payable compare to MFCO and TNLX?
Atlas Technology International's Days Payable of 80.38 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.94. Atlas Technology International's value of 80.38 is 14.9% 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,438 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. Atlas Technology International's current Days Payable of 80.38 is 14.9% 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 Atlas Technology International and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Technology International's current Days Payable is 80.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Technology International stock overvalued right now?
Atlas Technology International (ATLT) has a current Days Payable of 80.38. The current Days Payable is 80.38 and 14.9% above the Hardware industry median of 69.94. 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 Atlas Technology International (ATLT), the current Days Payable is 80.38 as of Sep. 2017. 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.

Atlas Technology International Business Description

Address 15260 Ventura Boulevard, Suite 1010, Sherman Oaks, Los Angeles, CA, USA, 91430
Atlas Technology International Inc is a designer, manufacturer and distributor of touchscreen devices to consumer electronic producers. It manufactures products in a wide array of industries such as GPS, watches, point-of-sale (POS), hospitality, medical/healthcare IT, industrial, and consumer. The company produces complete touchscreen displays and display enhancements in North America and provides in-flight entertainment (IFE) touchscreen solutions to the commercial aerospace industry.