AVEW Holdings (AVEW Holdings) Days Payable : 730.00 (As of Sep. 2008)

View and export this data going back to . Start your Free Trial

What is AVEW Holdings Days Payable?

AVEW Holdings's average Accounts Payable for the three months ended in Sep. 2008 was $0.06 Mil. AVEW Holdings's Cost of Goods Sold for the three months ended in Sep. 2008 was $0.01 Mil. Hence, AVEW Holdings's Days Payable for the three months ended in Sep. 2008 was 730.00.

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

AVEW's Days Payable is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 56.675
* Ranked among companies with meaningful Days Payable only.

AVEW Holdings's Days Payable declined from Sep. 2007 (2,977.03) to Sep. 2008 (730.00). It may suggest that AVEW Holdings accelerated paying its suppliers.

AVEW Holdings Days Payable Historical Data

The historical data trend for AVEW Holdings'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.

AVEW Holdings Days Payable Chart

AVEW Holdings Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Days Payable

Get a 7-Day Free Trial

6,123.89

1,274.69

2,339.74

2,246.49

3,059.92

AVEW Holdings Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Days Payable	Get a 7-Day Free Trial															2,977.03	881.13	2,935.21	844.06	730.00

Competitive Comparison of AVEW Holdings's Days Payable

For the Luxury Goods subindustry, AVEW Holdings'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.

AVEW Holdings's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, AVEW Holdings's Days Payable distribution charts can be found below:

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

AVEW Holdings 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.

AVEW Holdings's Days Payable for the fiscal year that ended in Dec. 2007 is calculated as

	Days Payable (A: Dec. 2007 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2006 )	+	Accounts Payable (A: Dec. 2007 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2007 )	*	Days in Period
=	( (0.335	+	0.168)	/	2 )	/	0.03	*	365
=	0.2515					/	0.03	*	365
=	3,059.92

AVEW Holdings's Days Payable for the quarter that ended in Sep. 2008 is calculated as:

	Days Payable (Q: Sep. 2008 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2008 )	+	Accounts Payable (Q: Sep. 2008 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2008 )	*	Days in Period
=	( (0.049	+	0.063)	/	2 )	/	0.007	*	365 / 4
=	0.056					/	0.007	*	365 / 4
=	730.00

AVEW Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of AVEW Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

AVEW Holdings (AVEW Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » AVEW Holdings Inc (OTCPK:AVEW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

13359 N. Highway 183, No. 406-1052, Austin, TX, USA, 478750

Website

http://www.avewholdings.com

AVEW Holdings Inc is a precious metal dealer in retail, wholesale and a precious metal recovery operation. It also is a precious metal recovery operator and is exploring other viable market sectors. It has opened metal dealer retail store Cedar Park, Texas.

AVEW Holdings (AVEW Holdings) Headlines

No Headlines