CATV (4Cable TV International) Days Payable: 302.41 (As of Jun. 2015)

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What is 4Cable TV International Days Payable?

4Cable TV International CATV -99.00% Days Payable is 302.41 as of Jun. 2015.

4Cable TV International's average Accounts Payable for the three months ended in Jun. 2015 was $0.26 Mil. 4Cable TV International's Cost of Goods Sold for the three months ended in Jun. 2015 was $0.08 Mil. Hence, 4Cable TV International's Days Payable for the three months ended in Jun. 2015 was 302.41.

The historical rank and industry rank for 4Cable TV International's Days Payable or its related term are showing as below:

CATV's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 88.695
* Ranked among companies with meaningful Days Payable only.

4Cable TV International's Days Payable increased from Jun. 2014 (147.11) to Jun. 2015 (302.41). It may suggest that 4Cable TV International delayed paying its suppliers.

4Cable TV International Days Payable Historical Data

* Premium members only.

The historical data trend for 4Cable TV 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.

4Cable TV International Days Payable Chart

4Cable TV International Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Payable
Get a 7-Day Free Trial 0.00 0.00 99.02 79.53 87.21

4Cable TV International Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 147.11 68.01 252.28 187.82 302.41

CATV vs PNTV, WCST, NEUL: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, 4Cable TV 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.

4Cable TV International Days Payable vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 4Cable TV International's Days Payable distribution charts can be found below:

* The bar in red indicates where 4Cable TV International's Days Payable falls into.


4Cable TV 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.

4Cable TV International'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
=( (0.134 + 0.222) / 2 ) / 0.745*365
=0.178 / 0.745*365
=87.21

4Cable TV International's Days Payable for the quarter that ended in Jun. 2015 is calculated as:

Days Payable (Q: Jun. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2015 ) + Accounts Payable (Q: Jun. 2015 )) / count ) / Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=( (0.202 + 0.315) / 2 ) / 0.078*365 / 4
=0.2585 / 0.078*365 / 4
=302.41

* 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 302.41 mean?
4Cable TV International (CATV) has a Days Payable of 302.41 as of Jun. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on 4Cable TV International and its competitors.
Is 4Cable TV International's Days Payable too high?
4Cable TV International's current Days Payable is 302.41. The Drug Manufacturers industry median Days Payable is 88.70. 4Cable TV International's value of 302.41 is 241% above this industry median.
How does 4Cable TV International's Days Payable compare to PNTV and WCST?
4Cable TV International's Days Payable of 302.41 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 88.70. 4Cable TV International's value of 302.41 is 241% 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 Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 88.70, based on 924 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. 4Cable TV International's current Days Payable of 302.41 is 241% 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 4Cable TV International and its competitors. For the Drug Manufacturers industry, the median Days Payable is 88.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 4Cable TV International's current Days Payable is 302.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 4Cable TV International stock overvalued right now?
4Cable TV International (CATV) has a current Days Payable of 302.41. The current Days Payable is 302.41 and 241% above the Drug Manufacturers industry median of 88.70. 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 4Cable TV International (CATV), the current Days Payable is 302.41 as of Jun. 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.

4Cable TV International Business Description

Address 23100 SW 192nd Avenue, Suite B, Miami, FL, USA, 33170
4Cable TV International Inc is a Miami-based company that focuses on Cannabis Acquisitions and Trading Ventures. It is engaged in the Hemp Cultivation and sale of hemp-based products.