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


What is Covista Communications Days Payable?

Covista Communications CVST -99.67% Days Payable is 90.27 as of Apr. 2005.

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: 106.335
* 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

* Premium members only.

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.

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 Premium Member Only Premium Member Only 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 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 88.62 78.29 99.02 92.98 90.27

CVST vs FULO, TWER, DTGI: Days Payable Comparison

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 Days Payable vs 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

* 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 90.27 mean?
Covista Communications (CVST) has a Days Payable of 90.27 as of Apr. 2005. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Covista Communications and its competitors.
Is Covista Communications' Days Payable too high?
Covista Communications' current Days Payable is 90.27. The Telecommunication Services industry median Days Payable is 106.34. Covista Communications' value of 90.27 is 15.1% below this industry median.
How does Covista Communications' Days Payable compare to FULO and TWER?
Covista Communications' Days Payable of 90.27 can be compared against companies in the Telecommunication Services industry. The industry median Days Payable is 106.34. Covista Communications' value of 90.27 is 15.1% 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 Telecommunication Services company?
The median Days Payable among Telecommunication Services companies is 106.34, based on 342 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. Covista Communications's current Days Payable of 90.27 is 15.1% 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 Covista Communications and its competitors. For the Telecommunication Services industry, the median Days Payable is 106.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covista Communications's current Days Payable is 90.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covista Communications stock overvalued right now?
Covista Communications (CVST) has a current Days Payable of 90.27. The current Days Payable is 90.27 and 15.1% below the Telecommunication Services industry median of 106.34. 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 Covista Communications (CVST), the current Days Payable is 90.27 as of Apr. 2005. 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.

Covista Communications Business Description

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