MSNVF (Mission Ready Solutions) Days Payable: 434.91 (As of Mar. 2023)

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MSNVF Mission Ready Solutions Inc MSNVF
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What is Mission Ready Solutions Days Payable?

Mission Ready Solutions MSNVF -99.89% 12 Days Payable is 434.91 as of Mar. 2023. GuruFocus rates MSNVF with a GF Score™ of 12/100.

Mission Ready Solutions's average Accounts Payable for the three months ended in Mar. 2023 was $1.11 Mil. Mission Ready Solutions's Cost of Goods Sold for the three months ended in Mar. 2023 was $0.23 Mil. Hence, Mission Ready Solutions's Days Payable for the three months ended in Mar. 2023 was 434.91.

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

MSNVF's Days Payable is not ranked *
in the Aerospace & Defense industry.
Industry Median: 64.65
* Ranked among companies with meaningful Days Payable only.

Mission Ready Solutions's Days Payable increased from Mar. 2022 (244.72) to Mar. 2023 (434.91). It may suggest that Mission Ready Solutions delayed paying its suppliers.

Mission Ready Solutions Days Payable Historical Data

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The historical data trend for Mission Ready Solutions'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.

Mission Ready Solutions Days Payable Chart

Mission Ready Solutions Annual Data
Trend Oct13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 222.98 118.90 60.43 51.38 136.24

Mission Ready Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 244.72 73.62 236.18 87.04 434.91

MSNVF vs BANT, RNWR, HWKE: Days Payable Comparison

For the Aerospace & Defense subindustry, Mission Ready Solutions'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.

Mission Ready Solutions Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mission Ready Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Mission Ready Solutions's Days Payable falls into.


MSNVF
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Mission Ready Solutions Inc MSNVF
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Mission Ready Solutions 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.

Mission Ready Solutions's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1.281 + 1.243) / 2 ) / 3.381*365
=1.262 / 3.381*365
=136.24

Mission Ready Solutions's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (1.243 + 0.978) / 2 ) / 0.233*365 / 4
=1.1105 / 0.233*365 / 4
=434.91

* 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 434.91 mean?
Mission Ready Solutions (MSNVF) has a Days Payable of 434.91 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mission Ready Solutions and its competitors.
Is Mission Ready Solutions' Days Payable too high?
Mission Ready Solutions' current Days Payable is 434.91. The Aerospace & Defense industry median Days Payable is 64.65. Mission Ready Solutions' value of 434.91 is 572.7% above this industry median. Overall, Mission Ready Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mission Ready Solutions' Days Payable compare to BANT and RNWR?
Mission Ready Solutions' Days Payable of 434.91 can be compared against companies in the Aerospace & Defense industry. The industry median Days Payable is 64.65. Mission Ready Solutions' value of 434.91 is 572.7% 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.65, based on 339 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. Mission Ready Solutions's current Days Payable of 434.91 is 572.7% 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 Mission Ready Solutions and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mission Ready Solutions's current Days Payable is 434.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mission Ready Solutions stock overvalued right now?
Mission Ready Solutions (MSNVF) has a current Days Payable of 434.91. The current Days Payable is 434.91 and 572.7% above the Aerospace & Defense industry median of 64.65. Mission Ready Solutions' overall GF Score™ is 12/100. 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 Mission Ready Solutions (MSNVF), the current Days Payable is 434.91 as of Mar. 2023. 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.

Mission Ready Solutions Business Description

Address 1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6
Mission Ready Solutions Inc provides comprehensive government contracting solutions with extensive experience in delivering quality, reliable, mission-critical products and services for law enforcement, firefighters, first responders, the military, and other governmental agencies. Its wholly-owned subsidiary, Unifire Inc, leverages its robust vendor network, industry relationships, proprietary technology infrastructure, and manufacturing and distribution capabilities to efficiently source and deliver more than 1.5 million products. The company has two reportable business segments in the defense, security, and first-responder markets: consulting and manufacturer representation; and inspection, cleaning, and repair services of protective services gear.
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