Jupiter Marine International Holdings (Jupiter Marine International Holdings) Days Payable : 34.87 (As of Oct. 2007)

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What is Jupiter Marine International Holdings Days Payable?

Jupiter Marine International Holdings's average Accounts Payable for the three months ended in Oct. 2007 was $1.14 Mil. Jupiter Marine International Holdings's Cost of Goods Sold for the three months ended in Oct. 2007 was $2.99 Mil. Hence, Jupiter Marine International Holdings's Days Payable for the three months ended in Oct. 2007 was 34.87.

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

JMIH's Days Payable is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 57.71
* Ranked among companies with meaningful Days Payable only.

Jupiter Marine International Holdings's Days Payable declined from Oct. 2006 (35.85) to Oct. 2007 (34.87). It may suggest that Jupiter Marine International Holdings accelerated paying its suppliers.

Jupiter Marine International Holdings Days Payable Historical Data

The historical data trend for Jupiter Marine International Holdings'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.

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Jupiter Marine International Holdings Days Payable Chart

Jupiter Marine International Holdings Annual Data

Trend

Jul01

Jul03

Jul04

Jul05

Jul06

Jul07

Days Payable

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19.87

15.39

7.96

20.87

28.73

Jupiter Marine International Holdings Quarterly Data
	Oct01	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07
Days Payable	Get a 7-Day Free Trial													35.85	40.80	43.73	30.51	34.87

Competitive Comparison of Jupiter Marine International Holdings's Days Payable

For the Leisure subindustry, Jupiter Marine International Holdings'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.

Jupiter Marine International Holdings's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jupiter Marine International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Jupiter Marine International Holdings's Days Payable falls into.

Jupiter Marine International Holdings 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.

Jupiter Marine International Holdings's Days Payable for the fiscal year that ended in Jul. 2007 is calculated as

	Days Payable (A: Jul. 2007 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2006 )	+	Accounts Payable (A: Jul. 2007 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2007 )	*	Days in Period
=	( (1.164	+	0.807)	/	2 )	/	12.519	*	365
=	0.9855					/	12.519	*	365
=	28.73

Jupiter Marine International Holdings's Days Payable for the quarter that ended in Oct. 2007 is calculated as:

	Days Payable (Q: Oct. 2007 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2007 )	+	Accounts Payable (Q: Oct. 2007 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2007 )	*	Days in Period
=	( (0.807	+	1.479)	/	2 )	/	2.991	*	365 / 4
=	1.143					/	2.991	*	365 / 4
=	34.87

Jupiter Marine International Holdings Days Payable Related Terms

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Jupiter Marine International Holdings (Jupiter Marine International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Jupiter Marine International Holdings Inc (OTCPK:JMIH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1103 12th Avenue East, Palmetto, FL, USA, 34221

Website

http://www.jupitermarine.com

Jupiter Marine International Holdings Inc designs, manufactures and markets sport fishing boats like 29 Forward Seating Center Console, 31 Open Center Console, 31 Cuddy Cabin and 31 Forward Seating Center Console. Geographically the business activities are carried out through Palmetto, Florida.

Jupiter Marine International Holdings (Jupiter Marine International Holdings) Headlines

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