MCIM (Macau Capital Investments) Days Payable: 527.22 (As of Mar. 2002)


What is Macau Capital Investments Days Payable?

Macau Capital Investments MCIM Days Payable is 527.22 as of Mar. 2002.

Macau Capital Investments's average Accounts Payable for the three months ended in Mar. 2002 was $0.36 Mil. Macau Capital Investments's Cost of Goods Sold for the three months ended in Mar. 2002 was $0.06 Mil. Hence, Macau Capital Investments's Days Payable for the three months ended in Mar. 2002 was 527.22.

The historical rank and industry rank for Macau Capital Investments's Days Payable or its related term are showing as below:

MCIM's Days Payable is not ranked *
in the Waste Management industry.
Industry Median: 63.69
* Ranked among companies with meaningful Days Payable only.

Macau Capital Investments's Days Payable increased from Mar. 2001 (136.13) to Mar. 2002 (527.22). It may suggest that Macau Capital Investments delayed paying its suppliers.

Macau Capital Investments Days Payable Historical Data

* Premium members only.

The historical data trend for Macau Capital Investments'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.

Macau Capital Investments Days Payable Chart

Macau Capital Investments Annual Data
Trend Mar95 Mar96 Mar97 Mar98 Mar99 Mar00 Mar01
Days Payable
Get a 7-Day Free Trial 365.00 1,642.50 0.00 303.90 179.80

Macau Capital Investments Quarterly Data
Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02
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 136.13 140.38 187.03 448.85 527.22

MCIM vs CWSS, OCLN, HDII: Days Payable Comparison

For the Waste Management subindustry, Macau Capital Investments'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.

Macau Capital Investments Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Macau Capital Investments's Days Payable distribution charts can be found below:

* The bar in red indicates where Macau Capital Investments's Days Payable falls into.


Macau Capital Investments 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.

Macau Capital Investments's Days Payable for the fiscal year that ended in Mar. 2001 is calculated as

Days Payable (A: Mar. 2001 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2000 ) + Accounts Payable (A: Mar. 2001 )) / count ) / Cost of Goods Sold (A: Mar. 2001 )*Days in Period
=( (0.266 + 0.333) / 2 ) / 0.608*365
=0.2995 / 0.608*365
=179.80

Macau Capital Investments's Days Payable for the quarter that ended in Mar. 2002 is calculated as:

Days Payable (Q: Mar. 2002 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2001 ) + Accounts Payable (Q: Mar. 2002 )) / count ) / Cost of Goods Sold (Q: Mar. 2002 )*Days in Period
=( (0.375 + 0.353) / 2 ) / 0.063*365 / 4
=0.364 / 0.063*365 / 4
=527.22

* 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 527.22 mean?
Macau Capital Investments (MCIM) has a Days Payable of 527.22 as of Mar. 2002. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Macau Capital Investments and its competitors.
Is Macau Capital Investments' Days Payable too high?
Macau Capital Investments' current Days Payable is 527.22. The Waste Management industry median Days Payable is 63.69. Macau Capital Investments' value of 527.22 is 727.8% above this industry median.
How does Macau Capital Investments' Days Payable compare to CWSS and OCLN?
Macau Capital Investments' Days Payable of 527.22 can be compared against companies in the Waste Management industry. The industry median Days Payable is 63.69. Macau Capital Investments' value of 527.22 is 727.8% 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 Waste Management company?
The median Days Payable among Waste Management companies is 63.69, based on 233 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. Macau Capital Investments's current Days Payable of 527.22 is 727.8% 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 Macau Capital Investments and its competitors. For the Waste Management industry, the median Days Payable is 63.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macau Capital Investments's current Days Payable is 527.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macau Capital Investments stock overvalued right now?
Macau Capital Investments (MCIM) has a current Days Payable of 527.22. The current Days Payable is 527.22 and 727.8% above the Waste Management industry median of 63.69. 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 Macau Capital Investments (MCIM), the current Days Payable is 527.22 as of Mar. 2002. 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.

Macau Capital Investments Business Description

Address 1001 Texas Avenue, Suite 1400, Houston, TX, USA, 77002
Macau Capital Investments Inc is a waste management assets holdings company. Through its subsidiaries, it provides solid waste and medical waste removal services to customers in its targeted market.