Sopaf (MIL:SPF) Days Payable: 292.17 (As of Mar. 2012)


What is Sopaf Days Payable?

Sopaf MIL:SPF Days Payable is 292.17 as of Mar. 2012.

Sopaf's average Accounts Payable for the three months ended in Mar. 2012 was €5.29 Mil. Sopaf's Cost of Goods Sold for the three months ended in Mar. 2012 was €1.65 Mil. Hence, Sopaf's Days Payable for the three months ended in Mar. 2012 was 292.17.

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

MIL:SPF's Days Payable is not ranked *
in the industry.
Industry Median:
* Ranked among companies with meaningful Days Payable only.

Sopaf's Days Payable declined from Mar. 2011 (395.40) to Mar. 2012 (292.17). It may suggest that Sopaf accelerated paying its suppliers.

Sopaf Days Payable Historical Data

* Premium members only.

The historical data trend for Sopaf'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.

Sopaf Days Payable Chart

Sopaf Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Days Payable
Get a 7-Day Free Trial 108.73 125.46 93.60 155.08 292.49

Sopaf Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
Days Payable Get a 7-Day Free Trial Premium Member Only 395.40 398.84 149.90 3,399.06 292.17

Sopaf Days Payable Competitor Comparison

For the subindustry, Sopaf'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.

Sopaf Days Payable vs Industry

For the industry and sector, Sopaf's Days Payable distribution charts can be found below:

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


Sopaf 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.

Sopaf's Days Payable for the fiscal year that ended in Dec. 2011 is calculated as

Days Payable (A: Dec. 2011 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2010 ) + Accounts Payable (A: Dec. 2011 )) / count ) / Cost of Goods Sold (A: Dec. 2011 )*Days in Period
=( (9.217 + 5.239) / 2 ) / 9.02*365
=7.228 / 9.02*365
=292.49

Sopaf's Days Payable for the quarter that ended in Mar. 2012 is calculated as:

Days Payable (Q: Mar. 2012 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2011 ) + Accounts Payable (Q: Mar. 2012 )) / count ) / Cost of Goods Sold (Q: Mar. 2012 )*Days in Period
=( (5.239 + 5.34) / 2 ) / 1.652*365 / 4
=5.2895 / 1.652*365 / 4
=292.17

* 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 292.17 mean?
Sopaf (MIL:SPF) has a Days Payable of 292.17 as of Mar. 2012. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sopaf and its competitors.
Is Sopaf's Days Payable too high?
Sopaf's current Days Payable is 292.17.
How does Sopaf's Days Payable compare to competitors?
Sopaf's Days Payable is 292.17. 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 company?
A good Days Payable depends on the industry context. 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 Sopaf and its competitors. Sopaf's current Days Payable is 292.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sopaf stock overvalued right now?
Sopaf (MIL:SPF) has a current Days Payable of 292.17. The current Days Payable is 292.17. 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 Sopaf (MIL:SPF), the current Days Payable is 292.17 as of Mar. 2012. 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.

Sopaf Business Description

Industry
Comparable Companies MIL:DIGMIL:815134MIL:INDB