American Blockchain (American Blockchain) Days Payable : 774.56 (As of Dec. 2007)

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

What is American Blockchain Days Payable?

American Blockchain's average Accounts Payable for the three months ended in Dec. 2007 was $0.37 Mil. American Blockchain's Cost of Goods Sold for the three months ended in Dec. 2007 was $0.04 Mil. Hence, American Blockchain's Days Payable for the three months ended in Dec. 2007 was 774.56.

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

GVSI's Days Payable is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 86.81
* Ranked among companies with meaningful Days Payable only.

American Blockchain's Days Payable declined from Dec. 2006 (1,910.03) to Dec. 2007 (774.56). It may suggest that American Blockchain accelerated paying its suppliers.

American Blockchain Days Payable Historical Data

The historical data trend for American Blockchain'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.

American Blockchain Days Payable Chart

American Blockchain Annual Data

Trend

Mar00

Mar01

Mar02

Mar03

Mar04

Mar05

Mar06

Days Payable

Get a 7-Day Free Trial

221.35

346.25

769.94

436.08

705.53

American Blockchain Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07
Days Payable	Get a 7-Day Free Trial															1,910.03	1,158.60	682.62	-	774.56

Competitive Comparison of American Blockchain's Days Payable

For the Shell Companies subindustry, American Blockchain'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.

American Blockchain's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, American Blockchain's Days Payable distribution charts can be found below:

* The bar in red indicates where American Blockchain's Days Payable falls into.

American Blockchain 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.

American Blockchain's Days Payable for the fiscal year that ended in Mar. 2006 is calculated as

	Days Payable (A: Mar. 2006 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2005 )	+	Accounts Payable (A: Mar. 2006 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2006 )	*	Days in Period
=	( (0.562	+	0.505)	/	2 )	/	0.276	*	365
=	0.5335					/	0.276	*	365
=	705.53

American Blockchain's Days Payable for the quarter that ended in Dec. 2007 is calculated as:

	Days Payable (Q: Dec. 2007 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2007 )	+	Accounts Payable (Q: Dec. 2007 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2007 )	*	Days in Period
=	( (0.412	+	0.318)	/	2 )	/	0.043	*	365 / 4
=	0.365					/	0.043	*	365 / 4
=	774.56

American Blockchain Days Payable Related Terms

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

American Blockchain (American Blockchain) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » American Blockchain Corp (OTCPK:GVSI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3535 Executive Terminal Drive, Suite 110, Henderson, NV, USA, 89052

Website

http://www.goodvibrationshoes.com

Good Vibration Shoes Inc is an opportunistic investor seeking assets in the blockchain industry.

American Blockchain (American Blockchain) Headlines

No Headlines