CCOP (Competitive) Days Payable: 775.63 (As of Sep. 2017)


What is Competitive Days Payable?

Competitive CCOP Days Payable is 775.63 as of Sep. 2017.

Competitive's average Accounts Payable for the three months ended in Sep. 2017 was $0.05 Mil. Competitive's Cost of Goods Sold for the three months ended in Sep. 2017 was $0.01 Mil. Hence, Competitive's Days Payable for the three months ended in Sep. 2017 was 775.63.

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

CCOP's Days Payable is not ranked *
in the Telecommunication Services industry.
Industry Median: 106.335
* Ranked among companies with meaningful Days Payable only.

Competitive's Days Payable increased from Sep. 2016 (518.17) to Sep. 2017 (775.63). It may suggest that Competitive delayed paying its suppliers.

Competitive Days Payable Historical Data

* Premium members only.

The historical data trend for Competitive'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.

Competitive Days Payable Chart

Competitive Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,301.83 195.94 542.73 1,814.47 1,050.00

Competitive Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 518.17 290.23 1,165.97 988.54 775.63

CCOP vs MTSL: Days Payable Comparison

For the Telecom Services subindustry, Competitive'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.

Competitive Days Payable vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Competitive's Days Payable distribution charts can be found below:

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


Competitive 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.

Competitive's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (0.254 + 0.166) / 2 ) / 0.073*365
=0.21 / 0.073*365
=1,050.00

Competitive'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
=( (0.066 + 0.036) / 2 ) / 0.006*365 / 4
=0.051 / 0.006*365 / 4
=775.63

* 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 775.63 mean?
Competitive (CCOP) has a Days Payable of 775.63 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 Competitive and its competitors.
Is Competitive's Days Payable too high?
Competitive's current Days Payable is 775.63. The Telecommunication Services industry median Days Payable is 106.34. Competitive's value of 775.63 is 629.4% above this industry median.
How does Competitive's Days Payable compare to MTSL?
Competitive's Days Payable of 775.63 can be compared against companies in the Telecommunication Services industry. The industry median Days Payable is 106.34. Competitive's value of 775.63 is 629.4% 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 Telecommunication Services company?
The median Days Payable among Telecommunication Services companies is 106.34, based on 342 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. Competitive's current Days Payable of 775.63 is 629.4% 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 Competitive and its competitors. For the Telecommunication Services industry, the median Days Payable is 106.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Competitive's current Days Payable is 775.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Competitive stock overvalued right now?
Competitive (CCOP) has a current Days Payable of 775.63. The current Days Payable is 775.63 and 629.4% above the Telecommunication Services industry median of 106.34. 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 Competitive (CCOP), the current Days Payable is 775.63 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.

Competitive Business Description

Address 19206 Huebner Road, Suite 202, San Antonio, TX, USA, 78258
Competitive Companies Inc is a US-based firm engaged in the telecommunication service business. The company is a holding company through its subsidiaries engages in providing fixed and mobile wireless broadband Internet services nationally and internationally to wholesale, retail and enterprise customers. Most of its revenues are generated from the sale of wired and wireless services such as data cards and back-office platforms.