DRS Data & Research Services (LSE:DRSA) Days Payable: 104.04 (As of Dec. 2015) — 354% Above Median


What is DRS Data & Research Services Days Payable?

DRS Data & Research Services LSE:DRSA Days Payable is 104.04 as of Dec. 2015, which is 354% above its 10-year median of 22.93. The stock has 4 warning signs investors should review.

DRS Data & Research Services's average Accounts Payable for the six months ended in Dec. 2015 was £2.78 Mil. DRS Data & Research Services's Cost of Goods Sold for the six months ended in Dec. 2015 was £4.88 Mil. Hence, DRS Data & Research Services's Days Payable for the six months ended in Dec. 2015 was 104.04.

The historical rank and industry rank for DRS Data & Research Services's Days Payable or its related term are showing as below:

LSE:DRSA' s Days Payable Range Over the Past 10 Years
Min: 14.36   Med: 22.93   Max: 44.85
Current: 21.15

During the past 13 years, DRS Data & Research Services's highest Days Payable was 44.85. The lowest was 14.36. And the median was 22.93.

LSE:DRSA's Days Payable is not ranked
in the Business Services industry.
Industry Median: 46.92 vs LSE:DRSA: 21.15

DRS Data & Research Services's Days Payable increased from Dec. 2014 (93.66) to Dec. 2015 (104.04). It may suggest that DRS Data & Research Services delayed paying its suppliers.

DRS Data & Research Services Days Payable Historical Data

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The historical data trend for DRS Data & Research Services'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.

DRS Data & Research Services Days Payable Chart

DRS Data & Research Services Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.59 25.19 26.39 24.00 19.30

DRS Data & Research Services Semi-Annual Data
Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
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 67.05 113.65 93.66 156.49 104.04

DRS Data & Research Services Days Payable Competitor Comparison

For the Specialty Business Services subindustry, DRS Data & Research Services'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.

DRS Data & Research Services Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, DRS Data & Research Services's Days Payable distribution charts can be found below:

* The bar in red indicates where DRS Data & Research Services's Days Payable falls into.


DRS Data & Research Services 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.

DRS Data & Research Services's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (0.386 + 0.468) / 2 ) / 8.075*365
=0.427 / 8.075*365
=19.30

DRS Data & Research Services's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable (Q: Dec. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2015 ) + Accounts Payable (Q: Dec. 2015 )) / count ) / Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=( (5.095 + 0.468) / 2 ) / 4.879*365 / 2
=2.7815 / 4.879*365 / 2
=104.04

* 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 104.04 mean?
DRS Data & Research Services (LSE:DRSA) has a Days Payable of 104.04 as of Dec. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on DRS Data & Research Services and its competitors. This is 354% above median its historical median of 22.93. Over the past decade, DRS Data & Research Services' Days Payable has ranged from 14.36 to 44.85.
Is DRS Data & Research Services' Days Payable too high?
DRS Data & Research Services' current Days Payable of 104.04 is 354% above median its 10-year median of 22.93. Over the past 10 years, this metric has ranged from a low of 14.36 to a high of 44.85. The Business Services industry median Days Payable is 46.92. DRS Data & Research Services' value of 104.04 is 121.7% above this industry median.
How does DRS Data & Research Services' Days Payable compare to competitors?
DRS Data & Research Services' Days Payable of 104.04 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.92. DRS Data & Research Services' value of 104.04 is 121.7% above this benchmark. Historically, DRS Data & Research Services' own Days Payable has ranged from 14.36 to 44.85 over the past decade. While the company's 10-year median is 22.93 vs. the industry median of 46.92, DRS Data & Research Services has consistently been above the industry average. 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 Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. DRS Data & Research Services's current Days Payable of 104.04 is 121.7% 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 DRS Data & Research Services and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DRS Data & Research Services's current Days Payable is 104.04, which is 354% above median its own 10-year median of 22.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DRS Data & Research Services stock overvalued right now?
DRS Data & Research Services (LSE:DRSA) has a current Days Payable of 104.04. The current Days Payable is 104.04, which is 354% above median its 10-year median of 22.93 and 121.7% above the Business Services industry median of 46.92. 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 DRS Data & Research Services (LSE:DRSA), the current Days Payable is 104.04 as of Dec. 2015. 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.

DRS Data & Research Services Business Description

DRS Data & Research Services PLC was incorporated on August 1, 1969. The Company is engaged in the provision of data capture services, the manufacture, sale and support of optical and image scanning equipment, design and printing of documentation used for data capture and associated software and bureau services.