INOW (InfoNow) Days Payable: 31.29 (As of Sep. 2005)


What is InfoNow Days Payable?

InfoNow INOW -99.00% Days Payable is 31.29 as of Sep. 2005.

InfoNow's average Accounts Payable for the three months ended in Sep. 2005 was $0.50 Mil. InfoNow's Cost of Goods Sold for the three months ended in Sep. 2005 was $1.45 Mil. Hence, InfoNow's Days Payable for the three months ended in Sep. 2005 was 31.29.

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

INOW's Days Payable is not ranked *
in the Software industry.
Industry Median: 54.025
* Ranked among companies with meaningful Days Payable only.

InfoNow's Days Payable increased from Sep. 2004 (25.49) to Sep. 2005 (31.29). It may suggest that InfoNow delayed paying its suppliers.

InfoNow Days Payable Historical Data

* Premium members only.

The historical data trend for InfoNow'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.

InfoNow Days Payable Chart

InfoNow Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04
Days Payable
Get a 7-Day Free Trial Premium Member Only 104.82 40.37 21.89 17.04 18.77

InfoNow Quarterly Data
Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05
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 25.49 26.24 23.04 34.28 31.29

INOW vs CYBF, VRTC, VISM: Days Payable Comparison

For the Software - Application subindustry, InfoNow'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.

InfoNow Days Payable vs Software Industry

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

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


InfoNow 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.

InfoNow's Days Payable for the fiscal year that ended in Dec. 2004 is calculated as

Days Payable (A: Dec. 2004 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2003 ) + Accounts Payable (A: Dec. 2004 )) / count ) / Cost of Goods Sold (A: Dec. 2004 )*Days in Period
=( (0.185 + 0.418) / 2 ) / 5.864*365
=0.3015 / 5.864*365
=18.77

InfoNow's Days Payable for the quarter that ended in Sep. 2005 is calculated as:

Days Payable (Q: Sep. 2005 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2005 ) + Accounts Payable (Q: Sep. 2005 )) / count ) / Cost of Goods Sold (Q: Sep. 2005 )*Days in Period
=( (0.492 + 0.501) / 2 ) / 1.448*365 / 4
=0.4965 / 1.448*365 / 4
=31.29

* 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 31.29 mean?
InfoNow (INOW) has a Days Payable of 31.29 as of Sep. 2005. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on InfoNow and its competitors.
Is InfoNow's Days Payable too high?
InfoNow's current Days Payable is 31.29. The Software industry median Days Payable is 54.03. InfoNow's value of 31.29 is 42.1% below this industry median.
How does InfoNow's Days Payable compare to CYBF and VRTC?
InfoNow's Days Payable of 31.29 can be compared against companies in the Software industry. The industry median Days Payable is 54.03. InfoNow's value of 31.29 is 42.1% below 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 54.03, based on 2,600 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. InfoNow's current Days Payable of 31.29 is 42.1% below 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 InfoNow and its competitors. For the Software industry, the median Days Payable is 54.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InfoNow's current Days Payable is 31.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InfoNow stock overvalued right now?
InfoNow (INOW) has a current Days Payable of 31.29. The current Days Payable is 31.29 and 42.1% below the Software industry median of 54.03. 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 InfoNow (INOW), the current Days Payable is 31.29 as of Sep. 2005. 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.

InfoNow Business Description

Address 1875 Lawrence Street, Suite 1100, Denver, CO, USA, 80202
InfoNow Corp is engaged in providing channel visibility and channel management solutions, in the form of software & services, to companies that sell their products through complex networks of distributors, dealers, resellers, retailers, agents or branches.