HMNY (Helios and Matheson Analytics) Days Payable: 4.54 (As of Sep. 2018)


What is Helios and Matheson Analytics Days Payable?

Helios and Matheson Analytics HMNY -90.00% Days Payable is 4.54 as of Sep. 2018.

Helios and Matheson Analytics's average Accounts Payable for the three months ended in Sep. 2018 was $5.5 Mil. Helios and Matheson Analytics's Cost of Goods Sold for the three months ended in Sep. 2018 was $109.6 Mil. Hence, Helios and Matheson Analytics's Days Payable for the three months ended in Sep. 2018 was 4.54.

The historical rank and industry rank for Helios and Matheson Analytics's Days Payable or its related term are showing as below:

HMNY's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.825
* Ranked among companies with meaningful Days Payable only.

Helios and Matheson Analytics's Days Payable increased from Sep. 2017 (0.00) to Sep. 2018 (4.54). It may suggest that Helios and Matheson Analytics delayed paying its suppliers.

Helios and Matheson Analytics Days Payable Historical Data

* Premium members only.

The historical data trend for Helios and Matheson Analytics'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.

Helios and Matheson Analytics Days Payable Chart

Helios and Matheson Analytics Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.36 10.09 21.51 38.90 49.80

Helios and Matheson Analytics Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.00 26.42 3.52 2.82 4.54

Helios and Matheson Analytics Days Payable Competitor Comparison

For the Information Technology Services subindustry, Helios and Matheson Analytics'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.

Helios and Matheson Analytics Days Payable vs Software Industry

For the Software industry and Technology sector, Helios and Matheson Analytics's Days Payable distribution charts can be found below:

* The bar in red indicates where Helios and Matheson Analytics's Days Payable falls into.


Helios and Matheson Analytics 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.

Helios and Matheson Analytics's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (0.518 + 5.087) / 2 ) / 20.539*365
=2.8025 / 20.539*365
=49.80

Helios and Matheson Analytics's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

Days Payable (Q: Sep. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=( (5.619 + 5.292) / 2 ) / 109.635*365 / 4
=5.4555 / 109.635*365 / 4
=4.54

* 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 4.54 mean?
Helios and Matheson Analytics (HMNY) has a Days Payable of 4.54 as of Sep. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Helios and Matheson Analytics and its competitors.
Is Helios and Matheson Analytics' Days Payable too high?
Helios and Matheson Analytics' current Days Payable is 4.54. The Software industry median Days Payable is 53.83. Helios and Matheson Analytics' value of 4.54 is 91.6% below this industry median.
How does Helios and Matheson Analytics' Days Payable compare to competitors?
Helios and Matheson Analytics' Days Payable of 4.54 can be compared against companies in the Software industry. The industry median Days Payable is 53.83. Helios and Matheson Analytics' value of 4.54 is 91.6% 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 Software company?
The median Days Payable among Software companies is 53.83, based on 2,602 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. Helios and Matheson Analytics's current Days Payable of 4.54 is 91.6% 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 Helios and Matheson Analytics and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helios and Matheson Analytics's current Days Payable is 4.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helios and Matheson Analytics stock overvalued right now?
Helios and Matheson Analytics (HMNY) has a current Days Payable of 4.54. The current Days Payable is 4.54 and 91.6% below the Software industry median of 53.83. 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 Helios and Matheson Analytics (HMNY), the current Days Payable is 4.54 as of Sep. 2018. 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.

Helios and Matheson Analytics Business Description

Address Empire State Building, 350 Fifth Avenue, New York, NY, USA, 10118
Helios and Matheson Analytics Inc is a United States-based company, that engages in the provision of information technology services and solutions. Its services include application value management, application development, integration, independent validation, infrastructure, information management, and analytics services. The company serves various industries including financial, healthcare, retail, education, and government.