Cortelco Systems Puerto Rico (Cortelco Systems Puerto Rico) Days Payable : 68.08 (As of Apr. 2009)

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What is Cortelco Systems Puerto Rico Days Payable?

Cortelco Systems Puerto Rico's average Accounts Payable for the three months ended in Apr. 2009 was $1.27 Mil. Cortelco Systems Puerto Rico's Cost of Goods Sold for the three months ended in Apr. 2009 was $1.71 Mil. Hence, Cortelco Systems Puerto Rico's Days Payable for the three months ended in Apr. 2009 was 68.08.

The historical rank and industry rank for Cortelco Systems Puerto Rico's Days Payable or its related term are showing as below:

CPROF's Days Payable is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 103.495
* Ranked among companies with meaningful Days Payable only.

Cortelco Systems Puerto Rico's Days Payable increased from Apr. 2008 (53.76) to Apr. 2009 (68.08). It may suggest that Cortelco Systems Puerto Rico delayed paying its suppliers.

Cortelco Systems Puerto Rico Days Payable Historical Data

The historical data trend for Cortelco Systems Puerto Rico'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.

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Cortelco Systems Puerto Rico Days Payable Chart

Cortelco Systems Puerto Rico Annual Data

Trend

Jul02

Jul03

Jul04

Jul05

Jul06

Jul07

Jul08

Days Payable

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66.38

50.37

35.80

49.43

46.99

Cortelco Systems Puerto Rico Quarterly Data
	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09
Days Payable	Get a 7-Day Free Trial															53.76	56.94	66.45	52.22	68.08

Competitive Comparison of Cortelco Systems Puerto Rico's Days Payable

For the Telecom Services subindustry, Cortelco Systems Puerto Rico'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.

Cortelco Systems Puerto Rico's Days Payable Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Cortelco Systems Puerto Rico's Days Payable falls into.

Cortelco Systems Puerto Rico 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.

Cortelco Systems Puerto Rico's Days Payable for the fiscal year that ended in Jul. 2008 is calculated as

	Days Payable (A: Jul. 2008 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2007 )	+	Accounts Payable (A: Jul. 2008 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2008 )	*	Days in Period
=	( (1.036	+	0.997)	/	2 )	/	7.896	*	365
=	1.0165					/	7.896	*	365
=	46.99

Cortelco Systems Puerto Rico's Days Payable for the quarter that ended in Apr. 2009 is calculated as:

	Days Payable (Q: Apr. 2009 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jan. 2009 )	+	Accounts Payable (Q: Apr. 2009 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2009 )	*	Days in Period
=	( (1.344	+	1.203)	/	2 )	/	1.707	*	365 / 4
=	1.2735					/	1.707	*	365 / 4
=	68.08

Cortelco Systems Puerto Rico Days Payable Related Terms

Thank you for viewing the detailed overview of Cortelco Systems Puerto Rico's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Cortelco Systems Puerto Rico (Cortelco Systems Puerto Rico) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cortelco Systems Puerto Rico Inc (OTCPK:CPROF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Parque Ind. Caguas Oeste Road, 156 km 58.2, Caguas, PRI, 00726-7076

Website

http://www.cortelcopr.net

Cortelco Systems Puerto Rico Inc is engaged in the business of telecommunication systems. It offers security services, such as network security; and endpoint security comprising PCs, laptops, smart phones, tablets, barcode readers, or POS terminals. Geographically the activities are carried out through Puerto Rico.

Cortelco Systems Puerto Rico (Cortelco Systems Puerto Rico) Headlines

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