CDRBQ (Code Rebel) Days Payable: 104.19 (As of Dec. 2015)

What is Code Rebel Days Payable?

Code Rebel CDRBQ -99.00% Days Payable is 104.19 as of Dec. 2015.

Code Rebel's average Accounts Payable for the three months ended in Dec. 2015 was $0.31 Mil. Code Rebel's Cost of Goods Sold for the three months ended in Dec. 2015 was $0.28 Mil. Hence, Code Rebel's Days Payable for the three months ended in Dec. 2015 was 104.19.

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

CDRBQ's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 54.025
* Ranked among companies with meaningful Days Payable only.

Code Rebel's Days Payable declined from Dec. 2014 (251.23) to Dec. 2015 (104.19). It may suggest that Code Rebel accelerated paying its suppliers.

Code Rebel Days Payable Related Terms

Code Rebel Days Payable Historical Data

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The historical data trend for Code Rebel'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.

Code Rebel Days Payable Chart

Code Rebel Annual Data

Trend

Dec13

Dec14

Dec15

Days Payable

2.81

247.60

181.93

Code Rebel Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Days Payable	Get a 7-Day Free Trial				251.23	338.07	259.84	86.38	104.19

CDRBQ vs SOFT, LFAP, SSPC: Days Payable Comparison

For the Software - Application subindustry, Code Rebel'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.

Code Rebel Days Payable vs Software Industry

For the Software industry and Technology sector, Code Rebel's Days Payable distribution charts can be found below:

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

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Code Rebel 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.

Code Rebel's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

	Days Payable (A: Dec. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2014 )	+	Accounts Payable (A: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2015 )	*	Days in Period
=	( (0.212	+	0.429)	/	2 )	/	0.643	*	365
=	0.3205					/	0.643	*	365
=	181.93

Code Rebel's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

	Days Payable (Q: Dec. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2015 )	+	Accounts Payable (Q: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2015 )	*	Days in Period
=	( (0.199	+	0.429)	/	2 )	/	0.275	*	365 / 4
=	0.314					/	0.275	*	365 / 4
=	104.19

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 104.19 mean?

Code Rebel (CDRBQ) has a Days Payable of 104.19 as of Dec. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Code Rebel and its competitors.

Is Code Rebel's Days Payable too high?

Code Rebel's current Days Payable is 104.19. The Software industry median Days Payable is 54.03. Code Rebel's value of 104.19 is 92.9% above this industry median.

How does Code Rebel's Days Payable compare to SOFT and LFAP?

Code Rebel's Days Payable of 104.19 can be compared against companies in the Software industry. The industry median Days Payable is 54.03. Code Rebel's value of 104.19 is 92.9% 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 Software company?

The median Days Payable among Software companies is 54.03, based on 2,600 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. Code Rebel's current Days Payable of 104.19 is 92.9% 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 Code Rebel and its competitors. For the Software industry, the median Days Payable is 54.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Code Rebel's current Days Payable is 104.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Code Rebel stock overvalued right now?

Code Rebel (CDRBQ) has a current Days Payable of 104.19. The current Days Payable is 104.19 and 92.9% above the Software industry median of 54.03. 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 Code Rebel (CDRBQ), the current Days Payable is 104.19 as of Dec. 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.

Code Rebel Business Description

Industry Technology Software

Comparable Companies SOFT LFAP SSPC HPTO KLMK CLWD PTPF OLBG ERMS AVOI COYN ITCC CICN APTY CYBF PBOX DRSV ISGN INPX IAIC

Address 77 Ho’okele Street, Suite 102, Kahului, HI, USA, 96732

Website http://www.coderebel.com

Code Rebel Corp is a software and information technology (IT) services company. It is engaged in the development, marketing, and license of terminal services solutions. The business activity of the group is functioned through software and IT service segments. The software segment provides end-user applications through its product line. The IT Services segment provides management and consulting services. Its product, interactive remote application terminal services (iRAPP), allow users of computers to simultaneously access programs on their PCs and Macs through a single device using a single monitor, mouse, and keyboard. The activities are basically carried out through the region of United States.