IMC (International Market Centers) Days Payable: 0.00 (As of Dec. 2014)


What is International Market Centers Days Payable?

International Market Centers IMC Days Payable is 0.00 as of Dec. 2014.

International Market Centers's average Accounts Payable for the six months ended in Dec. 2014 was $0.00 Mil. International Market Centers's Cost of Goods Sold for the six months ended in Dec. 2014 was $60.43 Mil. Hence, International Market Centers's Days Payable for the six months ended in Dec. 2014 was 0.00.

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

IMC's Days Payable is not ranked *
in the REITs industry.
Industry Median: 119.835
* Ranked among companies with meaningful Days Payable only.

International Market Centers's Days Payable stayed the same from Dec. 2012 (0.00) to Dec. 2014 (0.00).

International Market Centers Days Payable Historical Data

* Premium members only.

The historical data trend for International Market Centers'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.

International Market Centers Days Payable Chart

International Market Centers Annual Data
Trend Dec12 Dec13 Dec14
Days Payable
0.00 0.00 0.00

International Market Centers Semi-Annual Data
Dec12 Dec13 Dec14
Days Payable 0.00 0.00 0.00

IMC vs HMG, AIII, WHLR: Days Payable Comparison

For the REIT - Retail subindustry, International Market Centers'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.

International Market Centers Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, International Market Centers's Days Payable distribution charts can be found below:

* The bar in red indicates where International Market Centers's Days Payable falls into.


International Market Centers 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.

International Market Centers'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 + 0) / 1 ) / 60.429*365
=0 / 60.429*365
=0.00

International Market Centers's Days Payable for the quarter that ended in Dec. 2014 is calculated as:

Days Payable (Q: Dec. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2013 ) + Accounts Payable (Q: Dec. 2014 )) / count ) / Cost of Goods Sold (Q: Dec. 2014 )*Days in Period
=( (0 + 0) / 1 ) / 60.429*365 / 2
=0 / 60.429*365 / 2
=0.00

* 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?
International Market Centers (IMC) has a Days Payable of 0.00 as of Dec. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on International Market Centers and its competitors.
Is International Market Centers' Days Payable too high?
International Market Centers' current Days Payable is 0.00.
How does International Market Centers' Days Payable compare to HMG and AIII?
International Market Centers' Days Payable of 0.00 can be compared against companies in the REITs industry. The industry median Days Payable is 119.84. 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 REITs company?
The median Days Payable among REITs companies is 119.84, based on 548 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 International Market Centers and its competitors. For the REITs industry, the median Days Payable is 119.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Market Centers'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 International Market Centers stock overvalued right now?
International Market Centers (IMC) 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 International Market Centers (IMC), the current Days Payable is 0.00 as of Dec. 2014. 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.

International Market Centers Business Description

Industry Real EstateREITs
International Market Centers Inc was incorporated in Maryland on June 27, 2014. The Company is structured as an internally-managed REIT. The Company is the owner and operator of permanent business-to-business showroom space in North America for the home furniture industry and owners and operators of permanent business-to-business showroom space for the home décor and gift industries. The Company owns approximately 11.9 million gross square feet of showroom space across 13 buildings in High Point, North Carolina and three buildings and three exhibition pavilions in Las Vegas, Nevada. The Company leases its space on a long-term basis to manufacturers and suppliers of home furniture, home décor and gift products that participate in the Company's Markets. The Company faces competition from other Markets that serve manufacturers and suppliers and buyers of home furniture, home décor and gift products.