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

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What is Network 1 Financial Group Days Payable?

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: 104.045
* 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

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.

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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

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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															2.22	92.31	84.77	39.66	50.13

Competitive Comparison of Network 1 Financial Group's Days Payable

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's Days Payable Distribution in the 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

Network 1 Financial Group Days Payable Related Terms

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Network 1 Financial Group (Network 1 Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Network 1 Financial Group Inc (OTCPK:NTFL) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

2 Bridge Avenue, Suite 241, Red Bank, NJ, USA, 07701

Website

http://www.network1financial.com

Network 1 Financial Group Inc is registered as a broker-dealer with the Securities and Exchange Commission 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.