CMOT (Curtiss Motorcycles Co) Days Payable: 51.81 (As of Sep. 2015)

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What is Curtiss Motorcycles Co Days Payable?

Curtiss Motorcycles Co CMOT Days Payable is 51.81 as of Sep. 2015.

Curtiss Motorcycles Co's average Accounts Payable for the three months ended in Sep. 2015 was $0.18 Mil. Curtiss Motorcycles Co's Cost of Goods Sold for the three months ended in Sep. 2015 was $0.31 Mil. Hence, Curtiss Motorcycles Co's Days Payable for the three months ended in Sep. 2015 was 51.81.

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

CMOT's Days Payable is not ranked *
in the Vehicles & Parts industry.
Industry Median: 66.65
* Ranked among companies with meaningful Days Payable only.

Curtiss Motorcycles Co's Days Payable increased from Sep. 2014 (40.53) to Sep. 2015 (51.81). It may suggest that Curtiss Motorcycles Co delayed paying its suppliers.

Curtiss Motorcycles Co Days Payable Historical Data

* Premium members only.

The historical data trend for Curtiss Motorcycles Co'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.

Curtiss Motorcycles Co Days Payable Chart

Curtiss Motorcycles Co Annual Data
Trend Nov05 Nov06 Nov07 Nov08 Dec09 Dec10 Dec11 Dec12 Dec13
Days Payable
Get a 7-Day Free Trial Premium Member Only 70.53 37.54 45.66 37.77 57.21

Curtiss Motorcycles Co Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 40.53 46.07 60.88 51.14 51.81

CMOT vs FUV, MCFT, MPX: Days Payable Comparison

For the Recreational Vehicles subindustry, Curtiss Motorcycles Co'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.

Curtiss Motorcycles Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Curtiss Motorcycles Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Curtiss Motorcycles Co's Days Payable falls into.


Curtiss Motorcycles Co 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.

Curtiss Motorcycles Co's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable (A: Dec. 2013 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2012 ) + Accounts Payable (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (0.201 + 0.094) / 2 ) / 0.941*365
=0.1475 / 0.941*365
=57.21

Curtiss Motorcycles Co's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable (Q: Sep. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2015 ) + Accounts Payable (Q: Sep. 2015 )) / count ) / Cost of Goods Sold (Q: Sep. 2015 )*Days in Period
=( (0.185 + 0.167) / 2 ) / 0.31*365 / 4
=0.176 / 0.31*365 / 4
=51.81

* 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 51.81 mean?
Curtiss Motorcycles Co (CMOT) has a Days Payable of 51.81 as of Sep. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Curtiss Motorcycles Co and its competitors.
Is Curtiss Motorcycles Co's Days Payable too high?
Curtiss Motorcycles Co's current Days Payable is 51.81. The Vehicles & Parts industry median Days Payable is 66.65. Curtiss Motorcycles Co's value of 51.81 is 22.3% below this industry median.
How does Curtiss Motorcycles Co's Days Payable compare to FUV and MCFT?
Curtiss Motorcycles Co's Days Payable of 51.81 can be compared against companies in the Vehicles & Parts industry. The industry median Days Payable is 66.65. Curtiss Motorcycles Co's value of 51.81 is 22.3% below 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 66.65, based on 1,311 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. Curtiss Motorcycles Co's current Days Payable of 51.81 is 22.3% below 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 Curtiss Motorcycles Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Curtiss Motorcycles Co's current Days Payable is 51.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Curtiss Motorcycles Co stock overvalued right now?
Curtiss Motorcycles Co (CMOT) has a current Days Payable of 51.81. The current Days Payable is 51.81 and 22.3% below the Vehicles & Parts industry median of 66.65. 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 Curtiss Motorcycles Co (CMOT), the current Days Payable is 51.81 as of Sep. 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.

Curtiss Motorcycles Co Business Description

Address 8118 Parkway Drive, Leeds, AL, USA, 35094
Curtiss Motorcycles Co Inc is an American manufacturer of handcrafted luxury electric motorbikes. The Company is the creator of the motorcycles pre-sold online. Operations of the company are conducted in the United States and generate revenue from sales of motorbikes and other related products and services.