JACO (Jaco Electronics) Days Payable: 118.75 (As of Mar. 2009)


What is Jaco Electronics Days Payable?

Jaco Electronics JACO Days Payable is 118.75 as of Mar. 2009.

Jaco Electronics's average Accounts Payable for the three months ended in Mar. 2009 was $11.6 Mil. Jaco Electronics's Cost of Goods Sold for the three months ended in Mar. 2009 was $8.9 Mil. Hence, Jaco Electronics's Days Payable for the three months ended in Mar. 2009 was 118.75.

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

JACO's Days Payable is not ranked *
in the Hardware industry.
Industry Median: 69.99
* Ranked among companies with meaningful Days Payable only.

Jaco Electronics's Days Payable increased from Mar. 2008 (58.78) to Mar. 2009 (118.75). It may suggest that Jaco Electronics delayed paying its suppliers.

Jaco Electronics Days Payable Historical Data

* Premium members only.

The historical data trend for Jaco Electronics'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.

Jaco Electronics Days Payable Chart

Jaco Electronics Annual Data
Trend Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.51 52.25 51.88 45.70 63.16

Jaco Electronics Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 58.78 59.16 73.06 168.42 118.75

JACO vs OMPS: Days Payable Comparison

For the Electronics & Computer Distribution subindustry, Jaco Electronics'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.

Jaco Electronics Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Jaco Electronics's Days Payable distribution charts can be found below:

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


Jaco Electronics 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.

Jaco Electronics's Days Payable for the fiscal year that ended in Jun. 2008 is calculated as

Days Payable (A: Jun. 2008 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2007 ) + Accounts Payable (A: Jun. 2008 )) / count ) / Cost of Goods Sold (A: Jun. 2008 )*Days in Period
=( (22.763 + 33.4) / 2 ) / 162.272*365
=28.0815 / 162.272*365
=63.16

Jaco Electronics's Days Payable for the quarter that ended in Mar. 2009 is calculated as:

Days Payable (Q: Mar. 2009 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2008 ) + Accounts Payable (Q: Mar. 2009 )) / count ) / Cost of Goods Sold (Q: Mar. 2009 )*Days in Period
=( (13.641 + 9.557) / 2 ) / 8.913*365 / 4
=11.599 / 8.913*365 / 4
=118.75

* 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 118.75 mean?
Jaco Electronics (JACO) has a Days Payable of 118.75 as of Mar. 2009. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Jaco Electronics and its competitors.
Is Jaco Electronics' Days Payable too high?
Jaco Electronics' current Days Payable is 118.75. The Hardware industry median Days Payable is 69.99. Jaco Electronics' value of 118.75 is 69.7% above this industry median.
How does Jaco Electronics' Days Payable compare to OMPS?
Jaco Electronics' Days Payable of 118.75 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.99. Jaco Electronics' value of 118.75 is 69.7% 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 Hardware company?
The median Days Payable among Hardware companies is 69.99, based on 2,441 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. Jaco Electronics's current Days Payable of 118.75 is 69.7% 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 Jaco Electronics and its competitors. For the Hardware industry, the median Days Payable is 69.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jaco Electronics's current Days Payable is 118.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jaco Electronics stock overvalued right now?
Jaco Electronics (JACO) has a current Days Payable of 118.75. The current Days Payable is 118.75 and 69.7% above the Hardware industry median of 69.99. 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 Jaco Electronics (JACO), the current Days Payable is 118.75 as of Mar. 2009. 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.

Jaco Electronics Business Description

Address 145 Oser Avenue, Hauppauge, NY, USA, 11788
Jaco Electronics Inc is engaged in the distribution of electronic components. Its products include embedded box containers, inverters, LCD monitors, open frame monitors, single board computers, among others.