NTFL (Network 1 Financial Group) Days Payable: 50.13 (As of Mar. 2012)


What is Network 1 Financial Group Days Payable?

Network 1 Financial Group NTFL Days Payable is 50.13 as of Mar. 2012.

Network 1 Financial Group's average Accounts Payable for the three months ended in Mar. 2012 was $0.17 Mil. Network 1 Financial Group's Cost of Goods Sold for the three months ended in Mar. 2012 was $0.30 Mil. Hence, Network 1 Financial Group's Days Payable for the three months ended in Mar. 2012 was 50.13.

The historical rank and industry rank for Network 1 Financial Group's Days Payable or its related term are showing as below:

NTFL's Days Payable is not ranked *
in the Capital Markets industry.
Industry Median: 92.89
* Ranked among companies with meaningful Days Payable only.

Network 1 Financial Group's Days Payable increased from Mar. 2011 (2.22) to Mar. 2012 (50.13). It may suggest that Network 1 Financial Group delayed paying its suppliers.

Network 1 Financial Group Days Payable Historical Data

* Premium members only.

The historical data trend for Network 1 Financial Group'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.

Network 1 Financial Group Days Payable Chart

Network 1 Financial Group Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Jun09 Jun10 Jun11
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.92 26.64 82.99

Network 1 Financial Group Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
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 2.22 92.31 84.77 39.66 50.13

Network 1 Financial Group Days Payable Competitor Comparison

For the Capital Markets subindustry, Network 1 Financial Group'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.

Network 1 Financial Group Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Network 1 Financial Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Network 1 Financial Group's Days Payable falls into.


Network 1 Financial Group 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.

Network 1 Financial Group's Days Payable for the fiscal year that ended in Jun. 2011 is calculated as

Days Payable (A: Jun. 2011 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2010 ) + Accounts Payable (A: Jun. 2011 )) / count ) / Cost of Goods Sold (A: Jun. 2011 )*Days in Period
=( (0.223 + 0.174) / 2 ) / 0.873*365
=0.1985 / 0.873*365
=82.99

Network 1 Financial Group'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
=( (0.166 + 0.168) / 2 ) / 0.304*365 / 4
=0.167 / 0.304*365 / 4
=50.13

* 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 50.13 mean?
Network 1 Financial Group (NTFL) has a Days Payable of 50.13 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 Network 1 Financial Group and its competitors.
Is Network 1 Financial Group's Days Payable too high?
Network 1 Financial Group's current Days Payable is 50.13. The Capital Markets industry median Days Payable is 92.89. Network 1 Financial Group's value of 50.13 is 46% below this industry median.
How does Network 1 Financial Group's Days Payable compare to competitors?
Network 1 Financial Group's Days Payable of 50.13 can be compared against companies in the Capital Markets industry. The industry median Days Payable is 92.89. Network 1 Financial Group's value of 50.13 is 46% 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 92.89, based on 541 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. Network 1 Financial Group's current Days Payable of 50.13 is 46% 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 Network 1 Financial Group and its competitors. For the Capital Markets industry, the median Days Payable is 92.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Network 1 Financial Group's current Days Payable is 50.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Network 1 Financial Group stock overvalued right now?
Network 1 Financial Group (NTFL) has a current Days Payable of 50.13. The current Days Payable is 50.13 and 46% below the Capital Markets industry median of 92.89. 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 Network 1 Financial Group (NTFL), the current Days Payable is 50.13 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.

Network 1 Financial Group Business Description

Address 2 Bridge Avenue, Suite 241, Red Bank, NJ, USA, 07701
Network 1 Financial Group Inc is registered as a broker-dealer with the Securities and Exchange Commission in the State of Texas and various other states. The company's clients include high net worth individuals from many countries, institutional investors, managed pension funds, and hedge funds.