ICLD (InterCloud Systems) Days Payable: 432.41 (As of Sep. 2018)


What is InterCloud Systems Days Payable?

InterCloud Systems ICLD -99.00% Days Payable is 432.41 as of Sep. 2018.

InterCloud Systems's average Accounts Payable for the three months ended in Sep. 2018 was $4.12 Mil. InterCloud Systems's Cost of Goods Sold for the three months ended in Sep. 2018 was $0.87 Mil. Hence, InterCloud Systems's Days Payable for the three months ended in Sep. 2018 was 432.41.

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

ICLD's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.955
* Ranked among companies with meaningful Days Payable only.

InterCloud Systems's Days Payable declined from Sep. 2017 (441.21) to Sep. 2018 (432.41). It may suggest that InterCloud Systems accelerated paying its suppliers.

InterCloud Systems Days Payable Historical Data

* Premium members only.

The historical data trend for InterCloud Systems'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.

InterCloud Systems Days Payable Chart

InterCloud Systems 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 36.71 58.71 69.44 58.36 73.76

InterCloud Systems 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 441.21 30.02 136.42 408.83 432.41

InterCloud Systems Days Payable Competitor Comparison

For the Information Technology Services subindustry, InterCloud Systems'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.

InterCloud Systems Days Payable vs Software Industry

For the Software industry and Technology sector, InterCloud Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where InterCloud Systems's Days Payable falls into.


InterCloud Systems 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.

InterCloud Systems'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
=( (6.459 + 4.652) / 2 ) / 27.492*365
=5.5555 / 27.492*365
=73.76

InterCloud Systems'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
=( (4.38 + 3.856) / 2 ) / 0.869*365 / 4
=4.118 / 0.869*365 / 4
=432.41

* 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 432.41 mean?
InterCloud Systems (ICLD) has a Days Payable of 432.41 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 InterCloud Systems and its competitors.
Is InterCloud Systems' Days Payable too high?
InterCloud Systems' current Days Payable is 432.41. The Software industry median Days Payable is 53.96. InterCloud Systems' value of 432.41 is 701.4% above this industry median.
How does InterCloud Systems' Days Payable compare to competitors?
InterCloud Systems' Days Payable of 432.41 can be compared against companies in the Software industry. The industry median Days Payable is 53.96. InterCloud Systems' value of 432.41 is 701.4% above 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 53.96, based on 2,604 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. InterCloud Systems's current Days Payable of 432.41 is 701.4% above 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 InterCloud Systems and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InterCloud Systems's current Days Payable is 432.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InterCloud Systems stock overvalued right now?
InterCloud Systems (ICLD) has a current Days Payable of 432.41. The current Days Payable is 432.41 and 701.4% above the Software industry median of 53.96. 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 InterCloud Systems (ICLD), the current Days Payable is 432.41 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.

InterCloud Systems Business Description

Address 980 North Federal Highway, Suite 304, Boca Raton, FL, USA, 33432
InterCloud Systems Inc is a provider of networking orchestration and automation for the Internet of things (IOT), software-defined networking (SDN) and network function virtualization (NFV) environments. The company operates in three operating segments - as an application and infrastructure provider, and professional services provider.The applications and infrastructure segment provides engineering and professional consulting services and voice, data and optical solutions. The professional services segment provides outsourced services to the wireless and wireline industry and information technology industry.