IPEU (IPE Universal) Days Payable: 69.73 (As of Jun. 2012)


IPEU IPE Universal Inc IPEU
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What is IPE Universal Days Payable?

IPE Universal IPEU 30 Days Payable is 69.73 as of Jun. 2012. GuruFocus rates IPEU with a GF Score™ of 30/100.

IPE Universal's average Accounts Payable for the six months ended in Jun. 2012 was $2.06 Mil. IPE Universal's Cost of Goods Sold for the six months ended in Jun. 2012 was $10.77 Mil. Hence, IPE Universal's Days Payable for the six months ended in Jun. 2012 was 34.87.

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

IPEU's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.825
* Ranked among companies with meaningful Days Payable only.

IPE Universal's Days Payable declined from Jun. 2010 (202.73) to Jun. 2012 (69.73). It may suggest that IPE Universal accelerated paying its suppliers.

IPE Universal Days Payable Historical Data

* Premium members only.

The historical data trend for IPE Universal'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.

IPE Universal Days Payable Chart

IPE Universal Annual Data
Trend Jun09 Jun10 Jun11
Days Payable
0.00 202.73 32.75

IPE Universal Semi-Annual Data
Jun09 Jun10 Jun11 Jun12
Days Payable 0.00 202.73 32.75 69.73

IPEU vs SPNS, SPT, PD: Days Payable Comparison

For the Software - Application subindustry, IPE Universal'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.

IPE Universal Days Payable vs Software Industry

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

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


IPEU
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IPE Universal Inc IPEU
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IPE Universal 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.

IPE Universal's Days Payable for the fiscal year that ended in Jun. 2011 is calculated as

Days Payable (A: Jun. 2011 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2010 ) + Accounts Payable (A: Jun. 2011 )) / count ) / Cost of Goods Sold (A: Jun. 2011 )*Days in Period
=( (4.041 + 0.607) / 2 ) / 25.898*365
=2.324 / 25.898*365
=32.75

IPE Universal's Days Payable for the quarter that ended in Jun. 2012 is calculated as:

Days Payable (Q: Jun. 2012 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2011 ) + Accounts Payable (Q: Jun. 2012 )) / count ) / Cost of Goods Sold (Q: Jun. 2012 )*Days in Period
=( (0.607 + 3.509) / 2 ) / 10.772*365 / 2
=2.058 / 10.772*365 / 2
=34.87

* 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 69.73 mean?
IPE Universal (IPEU) has a Days Payable of 69.73 as of Jun. 2012. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on IPE Universal and its competitors.
Is IPE Universal's Days Payable too high?
IPE Universal's current Days Payable is 69.73. The Software industry median Days Payable is 53.83. IPE Universal's value of 69.73 is 29.5% above this industry median. Overall, IPE Universal has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does IPE Universal's Days Payable compare to SPNS and SPT?
IPE Universal's Days Payable of 69.73 can be compared against companies in the Software industry. The industry median Days Payable is 53.83. IPE Universal's value of 69.73 is 29.5% 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 Software company?
The median Days Payable among Software companies is 53.83, based on 2,602 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. IPE Universal's current Days Payable of 69.73 is 29.5% 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 IPE Universal and its competitors. For the Software industry, the median Days Payable is 53.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPE Universal's current Days Payable is 69.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPE Universal stock overvalued right now?
IPE Universal (IPEU) has a current Days Payable of 69.73. The current Days Payable is 69.73 and 29.5% above the Software industry median of 53.83. IPE Universal's overall GF Score™ is 30/100. 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 IPE Universal (IPEU), the current Days Payable is 69.73 as of Jun. 2012. 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.

IPE Universal Business Description

Address 1752 Ainsdale Drive, Roseville, CA, USA, 95747
IPE Universal Inc is engaged in developing childhood education software systems. The company is engaged in high-tech business developing early childhood education software systems located in Taiwan and China. The company also provides education programs, products, services and technological products but also licenses IP services to businesses, NFTs, Crypto, Virtual Real Estate, Metaverse (Virtual World), and merchandise and many other products.
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