Bac Majestic (LTS:0QCU) Days Payable: 0.00 (As of Jun. 2015)


What is Bac Majestic Days Payable?

Bac Majestic LTS:0QCU Days Payable is 0.00 as of Jun. 2015. The stock has 1 warning sign investors should review.

Bac Majestic's average Accounts Payable for the six months ended in Jun. 2015 was €0.00 Mil. Bac Majestic's Cost of Goods Sold for the six months ended in Jun. 2015 was €0.11 Mil. Hence, Bac Majestic's Days Payable for the six months ended in Jun. 2015 was 0.00.

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

LTS:0QCU's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 83.87
* Ranked among companies with meaningful Days Payable only.

Bac Majestic's Days Payable stayed the same from Jun. 2014 (0.00) to Jun. 2015 (0.00).

Bac Majestic Days Payable Historical Data

* Premium members only.

The historical data trend for Bac Majestic'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.

Bac Majestic Days Payable Chart

Bac Majestic Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Payable
Get a 7-Day Free Trial Premium Member Only 996.44 0.00 0.00 0.00 0.00

Bac Majestic Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,986.32 26,192.55 0.00 0.00 0.00

LTS:0QCU vs SBSAA, TMGI, NTN: Days Payable Comparison

For the Broadcasting subindustry, Bac Majestic'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.

Bac Majestic Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bac Majestic's Days Payable distribution charts can be found below:

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


Bac Majestic 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.

Bac Majestic's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable (A: Dec. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2013 ) + Accounts Payable (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (0 + 0) / 1 ) / 0.567*365
=0 / 0.567*365
=0.00

Bac Majestic's Days Payable for the quarter that ended in Jun. 2015 is calculated as:

Days Payable (Q: Jun. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2014 ) + Accounts Payable (Q: Jun. 2015 )) / count ) / Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=( (0 + 0) / 1 ) / 0.114*365 / 2
=0 / 0.114*365 / 2
=0.00

* 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 0.00 mean?
Bac Majestic (LTS:0QCU) has a Days Payable of 0.00 as of Jun. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bac Majestic and its competitors.
Is Bac Majestic's Days Payable too high?
Bac Majestic's current Days Payable is 0.00.
How does Bac Majestic's Days Payable compare to SBSAA and TMGI?
Bac Majestic's Days Payable of 0.00 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 83.87. 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 83.87, based on 916 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. 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 Bac Majestic and its competitors. For the Media - Diversified industry, the median Days Payable is 83.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bac Majestic's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bac Majestic stock overvalued right now?
Bac Majestic (LTS:0QCU) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Bac Majestic (LTS:0QCU), the current Days Payable is 0.00 as of Jun. 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.

Bac Majestic Business Description

Bac Majestic is engaged in the coproducing and distributing films in France and internationally. It involves in the distribution of films to theaters and on video, as well as to television channels.