IFAN (IFAN Financial) Days Payable: 0.00 (As of May. 2016)


What is IFAN Financial Days Payable?

IFAN Financial IFAN -99.00% Days Payable is 0.00 as of May. 2016.

IFAN Financial's average Accounts Payable for the three months ended in May. 2016 was $0.44 Mil. IFAN Financial's Cost of Goods Sold for the three months ended in May. 2016 was $0.00 Mil.

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

IFAN's Days Payable is not ranked *
in the Diversified Financial Services industry.
Industry Median: 71.76
* Ranked among companies with meaningful Days Payable only.

IFAN Financial's Days Payable stayed the same from May. 2015 (0.00) to May. 2016 (0.00). stayed the same

IFAN Financial Days Payable Historical Data

* Premium members only.

The historical data trend for IFAN Financial'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.

IFAN Financial Days Payable Chart

IFAN Financial Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15
Days Payable
0.00 0.00 0.00 0.00 0.00

IFAN Financial Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16
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 0.00 0.00 0.00 0.00

IFAN vs ADAC, VCAN, CIIT: Days Payable Comparison

For the Shell Companies subindustry, IFAN Financial'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.

IFAN Financial Days Payable vs Diversified Financial Services Industry

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

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


IFAN Financial 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.

IFAN Financial's Days Payable for the fiscal year that ended in Aug. 2015 is calculated as

Days Payable (A: Aug. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2014 ) + Accounts Payable (A: Aug. 2015 )) / count ) / Cost of Goods Sold (A: Aug. 2015 )*Days in Period
=( (0.165 + 0.31) / 2 ) / 0*365
=0.2375 / 0*365
=N/A

IFAN Financial's Days Payable for the quarter that ended in May. 2016 is calculated as:

Days Payable (Q: May. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2016 ) + Accounts Payable (Q: May. 2016 )) / count ) / Cost of Goods Sold (Q: May. 2016 )*Days in Period
=( (0.375 + 0.505) / 2 ) / 0*365 / 4
=0.44 / 0*365 / 4
=N/A

* 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 0.00 mean?
IFAN Financial (IFAN) has a Days Payable of 0.00 as of May. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on IFAN Financial and its competitors.
Is IFAN Financial's Days Payable too high?
IFAN Financial's current Days Payable is 0.00.
How does IFAN Financial's Days Payable compare to ADAC and VCAN?
IFAN Financial's Days Payable of 0.00 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 71.76. 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 71.76, based on 82 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. 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 IFAN Financial and its competitors. For the Diversified Financial Services industry, the median Days Payable is 71.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFAN Financial's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFAN Financial stock overvalued right now?
IFAN Financial (IFAN) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 IFAN Financial (IFAN), the current Days Payable is 0.00 as of May. 2016. 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.

IFAN Financial Business Description

Address 607 Shelby, 700-1005, Detroit, MI, USA, 48226
IFAN Financial Inc is a shell company.