MMIO (Marmion Industries) Days Payable: 43.16 (As of Sep. 2008)

What is Marmion Industries Days Payable?

Marmion Industries MMIO -95.00% Days Payable is 43.16 as of Sep. 2008.

Marmion Industries's average Accounts Payable for the three months ended in Sep. 2008 was $0.39 Mil. Marmion Industries's Cost of Goods Sold for the three months ended in Sep. 2008 was $0.83 Mil. Hence, Marmion Industries's Days Payable for the three months ended in Sep. 2008 was 43.16.

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

MMIO's Days Payable is not ranked ^*
in the Construction industry.
Industry Median: 76.78
* Ranked among companies with meaningful Days Payable only.

Marmion Industries's Days Payable declined from Sep. 2007 (60.40) to Sep. 2008 (43.16). It may suggest that Marmion Industries accelerated paying its suppliers.

Marmion Industries Days Payable Related Terms

Marmion Industries Days Payable Historical Data

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The historical data trend for Marmion Industries'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.

Marmion Industries Days Payable Chart

Marmion Industries Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Days Payable

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0.00

158.78

58.47

63.37

52.86

Marmion Industries Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Days Payable	Get a 7-Day Free Trial															60.40	51.26	30.92	34.06	43.16

MMIO vs UVND, OTIV, KEQU: Days Payable Comparison

For the Building Products & Equipment subindustry, Marmion Industries'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.

Marmion Industries Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Marmion Industries's Days Payable distribution charts can be found below:

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

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Marmion Industries 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.

Marmion Industries's Days Payable for the fiscal year that ended in Dec. 2007 is calculated as

	Days Payable (A: Dec. 2007 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2006 )	+	Accounts Payable (A: Dec. 2007 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2007 )	*	Days in Period
=	( (1.005	+	0.548)	/	2 )	/	5.362	*	365
=	0.7765					/	5.362	*	365
=	52.86

Marmion Industries's Days Payable for the quarter that ended in Sep. 2008 is calculated as:

	Days Payable (Q: Sep. 2008 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2008 )	+	Accounts Payable (Q: Sep. 2008 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2008 )	*	Days in Period
=	( (0.357	+	0.432)	/	2 )	/	0.834	*	365 / 4
=	0.3945					/	0.834	*	365 / 4
=	43.16

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 43.16 mean?

Marmion Industries (MMIO) has a Days Payable of 43.16 as of Sep. 2008. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Marmion Industries and its competitors.

Is Marmion Industries' Days Payable too high?

Marmion Industries' current Days Payable is 43.16. The Construction industry median Days Payable is 76.78. Marmion Industries' value of 43.16 is 43.8% below this industry median.

How does Marmion Industries' Days Payable compare to UVND and OTIV?

Marmion Industries' Days Payable of 43.16 can be compared against companies in the Construction industry. The industry median Days Payable is 76.78. Marmion Industries' value of 43.16 is 43.8% below 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 Construction company?

The median Days Payable among Construction companies is 76.78, based on 1,709 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. Marmion Industries's current Days Payable of 43.16 is 43.8% below 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 Marmion Industries and its competitors. For the Construction industry, the median Days Payable is 76.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marmion Industries's current Days Payable is 43.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Marmion Industries stock overvalued right now?

Marmion Industries (MMIO) has a current Days Payable of 43.16. The current Days Payable is 43.16 and 43.8% below the Construction industry median of 76.78. 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 Marmion Industries (MMIO), the current Days Payable is 43.16 as of Sep. 2008. 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.

Marmion Industries Business Description

Industry Industrials Construction

Comparable Companies UVND OTIV KEQU VIRC PCRBY PMTS EBF ESND KBAL VRTV KNL ACCO SCS HNI MLHR PAY PBI KNCAY BRTHY RICOY

Address 9103 Emmott Road, Building 6, Suite A, Houston, TX, USA, 77040

Website http://www.marmionair.com

Marmion Industries Corp manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers for the commercial sector.