NTAC (New Technology Acquisition Holdings) Days Payable: 91.25 (As of Dec. 2017)


What is New Technology Acquisition Holdings Days Payable?

New Technology Acquisition Holdings NTAC Days Payable is 91.25 as of Dec. 2017.

New Technology Acquisition Holdings's average Accounts Payable for the three months ended in Dec. 2017 was $0.00 Mil. New Technology Acquisition Holdings's Cost of Goods Sold for the three months ended in Dec. 2017 was $0.00 Mil. Hence, New Technology Acquisition Holdings's Days Payable for the three months ended in Dec. 2017 was 91.25.

The historical rank and industry rank for New Technology Acquisition Holdings's Days Payable or its related term are showing as below:

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

New Technology Acquisition Holdings's Days Payable increased from Dec. 2016 (0.00) to Dec. 2017 (91.25). It may suggest that New Technology Acquisition Holdings delayed paying its suppliers.

New Technology Acquisition Holdings Days Payable Related Terms

New Technology Acquisition Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for New Technology Acquisition Holdings'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.

New Technology Acquisition Holdings Days Payable Chart

New Technology Acquisition Holdings Annual Data
Trend Sep00 Sep01 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Days Payable
Get a 7-Day Free Trial 0.00 0.00 365.00 365.00 0.00

New Technology Acquisition Holdings Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.00 45.63 45.63 68.44 91.25

NTAC vs BSRC, YGEHY, SUNW: Days Payable Comparison

For the Specialty Business Services subindustry, New Technology Acquisition Holdings'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.

New Technology Acquisition Holdings Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, New Technology Acquisition Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where New Technology Acquisition Holdings's Days Payable falls into.


New Technology Acquisition Holdings 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.

New Technology Acquisition Holdings's Days Payable for the fiscal year that ended in Sep. 2017 is calculated as

Days Payable (A: Sep. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2016 ) + Accounts Payable (A: Sep. 2017 )) / count ) / Cost of Goods Sold (A: Sep. 2017 )*Days in Period
=( (0 + 0) / 1 ) / 0.011*365
=0 / 0.011*365
=0.00

New Technology Acquisition Holdings's Days Payable for the quarter that ended in Dec. 2017 is calculated as:

Days Payable (Q: Dec. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2017 ) + Accounts Payable (Q: Dec. 2017 )) / count ) / Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=( (0 + 0.003) / 1 ) / 0.003*365 / 4
=0.003 / 0.003*365 / 4
=91.25

* 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 91.25 mean?
New Technology Acquisition Holdings (NTAC) has a Days Payable of 91.25 as of Dec. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on New Technology Acquisition Holdings and its competitors.
Is New Technology Acquisition Holdings' Days Payable too high?
New Technology Acquisition Holdings' current Days Payable is 91.25. The Business Services industry median Days Payable is 46.92. New Technology Acquisition Holdings' value of 91.25 is 94.5% above this industry median.
How does New Technology Acquisition Holdings' Days Payable compare to BSRC and YGEHY?
New Technology Acquisition Holdings' Days Payable of 91.25 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.92. New Technology Acquisition Holdings' value of 91.25 is 94.5% 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. New Technology Acquisition Holdings's current Days Payable of 91.25 is 94.5% 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 New Technology Acquisition Holdings 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. New Technology Acquisition Holdings's current Days Payable is 91.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Technology Acquisition Holdings stock overvalued right now?
New Technology Acquisition Holdings (NTAC) has a current Days Payable of 91.25. The current Days Payable is 91.25 and 94.5% 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 New Technology Acquisition Holdings (NTAC), the current Days Payable is 91.25 as of Dec. 2017. 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.

New Technology Acquisition Holdings Business Description

Address 5830 E 2nd Street, Suite 7000, No. 4553, Casper, WY, USA, 82609
New Technology Acquisition Holdings has business investment interests in disruptive new technologies and patents, applications, and projects. Research and Development with the aim of commercialization of Intellectual property and development of new products or services, treatments, or other valuable outputs.