MIHL (Montague International Holding) Days Payable: 21,059.74 (As of Sep. 2007)


What is Montague International Holding Days Payable?

Montague International Holding MIHL -99.00% Days Payable is 21,059.74 as of Sep. 2007.

Montague International Holding's average Accounts Payable for the three months ended in Sep. 2007 was $2.77 Mil. Montague International Holding's Cost of Goods Sold for the three months ended in Sep. 2007 was $0.01 Mil. Hence, Montague International Holding's Days Payable for the three months ended in Sep. 2007 was 21,059.74.

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

MIHL's Days Payable is not ranked *
in the Business Services industry.
Industry Median: 46.92
* Ranked among companies with meaningful Days Payable only.

Montague International Holding's Days Payable increased from Sep. 2006 (4,814.22) to Sep. 2007 (21,059.74). It may suggest that Montague International Holding delayed paying its suppliers.

Montague International Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Montague International Holding'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.

Montague International Holding Days Payable Chart

Montague International Holding Annual Data
Trend Mar00 Mar01 Mar02 Mar03 Mar04 Dec05 Dec06
Days Payable
Get a 7-Day Free Trial 56.15 0.00 0.00 1,350.50 3,728.57

Montague International Holding Quarterly Data
Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 4,814.22 9,926.70 4,258.77 2,523.63 21,059.74

MIHL vs IVFZF, PPMT, ASAE: Days Payable Comparison

For the Security & Protection Services subindustry, Montague International Holding'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.

Montague International Holding Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Montague International Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Montague International Holding's Days Payable falls into.


Montague International Holding 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.

Montague International Holding's Days Payable for the fiscal year that ended in Dec. 2006 is calculated as

Days Payable (A: Dec. 2006 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2005 ) + Accounts Payable (A: Dec. 2006 )) / count ) / Cost of Goods Sold (A: Dec. 2006 )*Days in Period
=( (3.05 + 1.506) / 2 ) / 0.223*365
=2.278 / 0.223*365
=3,728.57

Montague International Holding's Days Payable for the quarter that ended in Sep. 2007 is calculated as:

Days Payable (Q: Sep. 2007 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2007 ) + Accounts Payable (Q: Sep. 2007 )) / count ) / Cost of Goods Sold (Q: Sep. 2007 )*Days in Period
=( (2.664 + 2.875) / 2 ) / 0.012*365 / 4
=2.7695 / 0.012*365 / 4
=21,059.74

* 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 21,059.74 mean?
Montague International Holding (MIHL) has a Days Payable of 21,059.74 as of Sep. 2007. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Montague International Holding and its competitors.
Is Montague International Holding's Days Payable too high?
Montague International Holding's current Days Payable is 21,059.74. The Business Services industry median Days Payable is 46.92. Montague International Holding's value of 21,059.74 is 44784.4% above this industry median.
How does Montague International Holding's Days Payable compare to IVFZF and PPMT?
Montague International Holding's Days Payable of 21,059.74 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.92. Montague International Holding's value of 21,059.74 is 44784.4% 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 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. Montague International Holding's current Days Payable of 21,059.74 is 44784.4% 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 Montague International Holding 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. Montague International Holding's current Days Payable is 21,059.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Montague International Holding stock overvalued right now?
Montague International Holding (MIHL) has a current Days Payable of 21,059.74. The current Days Payable is 21,059.74 and 44784.4% 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 Montague International Holding (MIHL), the current Days Payable is 21,059.74 as of Sep. 2007. 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.

Montague International Holding Business Description

Address 1735 Market Street, Suite 3750, Philadelphia, PA, USA, 19103
Montague International Holding Ltd formerly Hi-Tech Crime Solutions, Inc promotes products and services intended to combat computer security and identity theft.