Icoa (ICOA) Days Payable: 15,818.57 (As of Mar. 2015)

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What is Icoa Days Payable?

Icoa ICOA -99.00% Days Payable is 15,818.57 as of Mar. 2015.

Icoa's average Accounts Payable for the three months ended in Mar. 2015 was $4.16 Mil. Icoa's Cost of Goods Sold for the three months ended in Mar. 2015 was $0.02 Mil. Hence, Icoa's Days Payable for the three months ended in Mar. 2015 was 15,818.57.

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

ICOA's Days Payable is not ranked *
in the Capital Markets industry.
Industry Median: 93.795
* Ranked among companies with meaningful Days Payable only.

Icoa's Days Payable increased from Mar. 2014 (7,886.45) to Mar. 2015 (15,818.57). It may suggest that Icoa delayed paying its suppliers.

Icoa Days Payable Historical Data

* Premium members only.

The historical data trend for Icoa'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.

Icoa Days Payable Chart

Icoa Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec11 Dec12 Dec13 Dec14
Days Payable
Get a 7-Day Free Trial Premium Member Only 468.88 176,242.86 9,626.19 7,786.21 1,238.39

Icoa Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 7,886.45 22,168.86 25,661.33 10,460.57 15,818.57

ICOA vs DIRV, FULO, TOWTF: Days Payable Comparison

For the Capital Markets subindustry, Icoa'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.

Icoa Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Icoa's Days Payable distribution charts can be found below:

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


Icoa 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.

Icoa's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable (A: Dec. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2013 ) + Accounts Payable (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (0.416 + 0.439) / 2 ) / 0.126*365
=0.4275 / 0.126*365
=1,238.39

Icoa's Days Payable for the quarter that ended in Mar. 2015 is calculated as:

Days Payable (Q: Mar. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2014 ) + Accounts Payable (Q: Mar. 2015 )) / count ) / Cost of Goods Sold (Q: Mar. 2015 )*Days in Period
=( (0.439 + 7.882) / 2 ) / 0.024*365 / 4
=4.1605 / 0.024*365 / 4
=15,818.57

* 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 15,818.57 mean?
Icoa (ICOA) has a Days Payable of 15,818.57 as of Mar. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Icoa and its competitors.
Is Icoa's Days Payable too high?
Icoa's current Days Payable is 15,818.57. The Capital Markets industry median Days Payable is 93.80. Icoa's value of 15,818.57 is 16765% above this industry median.
How does Icoa's Days Payable compare to DIRV and FULO?
Icoa's Days Payable of 15,818.57 can be compared against companies in the Capital Markets industry. The industry median Days Payable is 93.80. Icoa's value of 15,818.57 is 16765% 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 93.80, based on 538 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. Icoa's current Days Payable of 15,818.57 is 16765% 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 Icoa and its competitors. For the Capital Markets industry, the median Days Payable is 93.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icoa's current Days Payable is 15,818.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icoa stock overvalued right now?
Icoa (ICOA) has a current Days Payable of 15,818.57. The current Days Payable is 15,818.57 and 16765% above the Capital Markets industry median of 93.80. 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 Icoa (ICOA), the current Days Payable is 15,818.57 as of Mar. 2015. 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.

Icoa Business Description

Address 3651 Lindell Road, Suite D, Las Vegas, NV, USA, 89103
Icoa Inc is engaged in providing wireless and broadband solutions for networks establishing connectivity in high-traffic public locations. The company also offers decentralized finance (DeFi), non-fungible tokens (NFTs) and the metaverse, Web 3.0, and cryptocurrency in general, through multiple acquisitions.