Covista Communications (Covista Communications) Days Payable : 90.27 (As of Apr. 2005)

View and export this data going back to 2005. Start your Free Trial

What is Covista Communications Days Payable?

Covista Communications's average Accounts Payable for the three months ended in Apr. 2005 was $5.97 Mil. Covista Communications's Cost of Goods Sold for the three months ended in Apr. 2005 was $6.03 Mil. Hence, Covista Communications's Days Payable for the three months ended in Apr. 2005 was 90.27.

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

CVST's Days Payable is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 105.28
* Ranked among companies with meaningful Days Payable only.

Covista Communications's Days Payable increased from Apr. 2004 (88.62) to Apr. 2005 (90.27). It may suggest that Covista Communications delayed paying its suppliers.

Covista Communications Days Payable Historical Data

The historical data trend for Covista Communications'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.

* Premium members only.

Covista Communications Days Payable Chart

Covista Communications Annual Data

Trend

Jan96

Jan97

Jan98

Jan99

Jan00

Jan01

Jan02

Jan03

Jan04

Jan05

Days Payable

Get a 7-Day Free Trial

85.61

113.17

94.54

99.35

97.43

Covista Communications Quarterly Data
	Jul00	Oct00	Jan01	Apr01	Jul01	Oct01	Jan02	Apr02	Jul02	Oct02	Jan03	Apr03	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05
Days Payable	Get a 7-Day Free Trial															88.62	78.29	99.02	92.98	90.27

Competitive Comparison of Covista Communications's Days Payable

For the Telecom Services subindustry, Covista Communications'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.

Covista Communications's Days Payable Distribution in the Telecommunication Services Industry

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

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

Covista Communications 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.

Covista Communications's Days Payable for the fiscal year that ended in Jan. 2005 is calculated as

	Days Payable (A: Jan. 2005 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2004 )	+	Accounts Payable (A: Jan. 2005 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2005 )	*	Days in Period
=	( (10.695	+	6.834)	/	2 )	/	32.833	*	365
=	8.7645					/	32.833	*	365
=	97.43

Covista Communications's Days Payable for the quarter that ended in Apr. 2005 is calculated as:

	Days Payable (Q: Apr. 2005 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jan. 2005 )	+	Accounts Payable (Q: Apr. 2005 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2005 )	*	Days in Period
=	( (6.834	+	5.099)	/	2 )	/	6.031	*	365 / 4
=	5.9665					/	6.031	*	365 / 4
=	90.27

Covista Communications Days Payable Related Terms

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

Covista Communications (Covista Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Covista Communications Inc (OTCPK:CVST) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402

Website

http://www.covistacommunications.com

Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.

Executives

W Thorpe Mckenzie	director	735 BROAD ST, STE 1105, CHATTANOOGA TN 37402
Jay J Miller	director	430 EAST 57TH STREET SUITE 5 D, NEW YORK NY 10022

Covista Communications (Covista Communications) Headlines

No Headlines