CICN (SMS Alternatives) Days Payable: 613.74 (As of Jun. 2020)

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CICN SMS Alternatives Inc CICN
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What is SMS Alternatives Days Payable?

SMS Alternatives CICN 12 Days Payable is 613.74 as of Jun. 2020. GuruFocus rates CICN with a GF Score™ of 12/100.

SMS Alternatives's average Accounts Payable for the three months ended in Jun. 2020 was $0.91 Mil. SMS Alternatives's Cost of Goods Sold for the three months ended in Jun. 2020 was $0.14 Mil. Hence, SMS Alternatives's Days Payable for the three months ended in Jun. 2020 was 613.74.

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

CICN's Days Payable is not ranked *
in the Software industry.
Industry Median: 52.78
* Ranked among companies with meaningful Days Payable only.

SMS Alternatives's Days Payable declined from Jun. 2019 (669.28) to Jun. 2020 (613.74). It may suggest that SMS Alternatives accelerated paying its suppliers.


SMS Alternatives Days Payable Historical Data

* Premium members only.

The historical data trend for SMS Alternatives'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.

SMS Alternatives Days Payable Chart

SMS Alternatives Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 889.39 742.54 690.52 671.96 582.04

SMS Alternatives Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 669.28 588.59 602.06 662.65 613.74

CICN vs INTV, IONI, VGRBF: Days Payable Comparison

For the Software - Application subindustry, SMS Alternatives'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.


SMS Alternatives Days Payable vs Software Industry

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

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


CICN
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SMS Alternatives Inc CICN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SMS Alternatives 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.

SMS Alternatives's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (0.982 + 0.922) / 2 ) / 0.597*365
=0.952 / 0.597*365
=582.04

SMS Alternatives's Days Payable for the quarter that ended in Jun. 2020 is calculated as:

Days Payable (Q: Jun. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2020 ) + Accounts Payable (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (0.908 + 0.908) / 2 ) / 0.135*365 / 4
=0.908 / 0.135*365 / 4
=613.74

* 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 613.74 mean?
SMS Alternatives (CICN) has a Days Payable of 613.74 as of Jun. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SMS Alternatives and its competitors.
Is SMS Alternatives' Days Payable too high?
SMS Alternatives' current Days Payable is 613.74. The Software industry median Days Payable is 52.78. SMS Alternatives' value of 613.74 is 1062.8% above this industry median. Overall, SMS Alternatives has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SMS Alternatives' Days Payable compare to INTV and IONI?
SMS Alternatives' Days Payable of 613.74 can be compared against companies in the Software industry. The industry median Days Payable is 52.78. SMS Alternatives' value of 613.74 is 1062.8% 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 52.78, based on 2,610 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. SMS Alternatives's current Days Payable of 613.74 is 1062.8% 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 SMS Alternatives and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMS Alternatives's current Days Payable is 613.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMS Alternatives stock overvalued right now?
SMS Alternatives (CICN) has a current Days Payable of 613.74. The current Days Payable is 613.74 and 1062.8% above the Software industry median of 52.78. SMS Alternatives' overall GF Score™ is 12/100. 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 SMS Alternatives (CICN), the current Days Payable is 613.74 as of Jun. 2020. 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.

SMS Alternatives Business Description

Address 8000 Regency Parkway, Suite 542, Cary, NC, USA, 27518
SMS Alternatives Inc formerly Cicero Inc provides desktop activity intelligence and improvement software that helps organizations isolate issues and automates employee tasks in the contact center and back office. It provides a combination of application and process integration, automation and desktop analytics capabilities, technical support, training and consulting services. Geographically, it operates in the United States, and Europe. The company generates revenue from three categories: software, maintenance, and services; out of which a vast majority is earned from Software within the United States.
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