IFLM (Independent Film Development) Days Payable: 358.29 (As of Jun. 2016)


What is Independent Film Development Days Payable?

Independent Film Development IFLM -90.00% Days Payable is 358.29 as of Jun. 2016.

Independent Film Development's average Accounts Payable for the three months ended in Jun. 2016 was $0.13 Mil. Independent Film Development's Cost of Goods Sold for the three months ended in Jun. 2016 was $0.03 Mil. Hence, Independent Film Development's Days Payable for the three months ended in Jun. 2016 was 358.29.

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

IFLM's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 83.86
* Ranked among companies with meaningful Days Payable only.

Independent Film Development's Days Payable increased from Jun. 2015 (0.00) to Jun. 2016 (358.29). It may suggest that Independent Film Development delayed paying its suppliers.

Independent Film Development Days Payable Historical Data

* Premium members only.

The historical data trend for Independent Film Development'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.

Independent Film Development Days Payable Chart

Independent Film Development Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Days Payable
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Independent Film Development Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 1,538.21 769.11 358.29

IFLM vs ASKH, CRCO, PTSX: Days Payable Comparison

For the Entertainment subindustry, Independent Film Development'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.

Independent Film Development Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Independent Film Development's Days Payable distribution charts can be found below:

* The bar in red indicates where Independent Film Development's Days Payable falls into.


Independent Film Development 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.

Independent Film Development's Days Payable for the fiscal year that ended in Sep. 2015 is calculated as

Days Payable (A: Sep. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2014 ) + Accounts Payable (A: Sep. 2015 )) / count ) / Cost of Goods Sold (A: Sep. 2015 )*Days in Period
=( (0.158 + 0.116) / 2 ) / 0*365
=0.137 / 0*365
=N/A

Independent Film Development's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable (Q: Jun. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2016 ) + Accounts Payable (Q: Jun. 2016 )) / count ) / Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=( (0.116 + 0.151) / 2 ) / 0.034*365 / 4
=0.1335 / 0.034*365 / 4
=358.29

* 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 358.29 mean?
Independent Film Development (IFLM) has a Days Payable of 358.29 as of Jun. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Independent Film Development and its competitors.
Is Independent Film Development's Days Payable too high?
Independent Film Development's current Days Payable is 358.29. The Media - Diversified industry median Days Payable is 83.86. Independent Film Development's value of 358.29 is 327.2% above this industry median.
How does Independent Film Development's Days Payable compare to ASKH and CRCO?
Independent Film Development's Days Payable of 358.29 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 83.86. Independent Film Development's value of 358.29 is 327.2% 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 83.86, based on 915 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. Independent Film Development's current Days Payable of 358.29 is 327.2% 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 Independent Film Development and its competitors. For the Media - Diversified industry, the median Days Payable is 83.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independent Film Development's current Days Payable is 358.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Film Development stock overvalued right now?
Independent Film Development (IFLM) has a current Days Payable of 358.29. The current Days Payable is 358.29 and 327.2% above the Media - Diversified industry median of 83.86. 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 Independent Film Development (IFLM), the current Days Payable is 358.29 as of Jun. 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.

Independent Film Development Business Description

Address 2732 Morse Avenue, Suite 413, Irvine, CA, USA, 92614
Independent Film Development Corp has its business spread through three domains. It holds interests in C2C Restaurant Group, Inc. (C2C), a restaurant holding company. The company focuses on the development of content creation/distribution projects, both in the form of original theatrical material, as well as related and/or derivative programming related to the operations of C2C. The firm also intends to acquire real estate assets.