OBCN (Obocon) Days Payable: 0.00 (As of Sep. 2019)


What is Obocon Days Payable?

Obocon OBCN -99.00% Days Payable is 0.00 as of Sep. 2019.

Obocon's average Accounts Payable for the three months ended in Sep. 2019 was $0.00 Mil. Obocon's Cost of Goods Sold for the three months ended in Sep. 2019 was $0.00 Mil.

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

OBCN's Days Payable is not ranked *
in the Software industry.
Industry Median: 54.025
* Ranked among companies with meaningful Days Payable only.

Obocon's Days Payable stayed the same from Sep. 2018 (0.00) to Sep. 2019 (0.00). stayed the same

Obocon Days Payable Historical Data

* Premium members only.

The historical data trend for Obocon'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.

Obocon Days Payable Chart

Obocon Annual Data
Trend Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep16 Sep17 Sep18 Sep19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.86 0.00 0.00 0.00 0.00

Obocon Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep16 Sep17 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.00 0.00 0.00 0.00

OBCN vs ASFT, EHVVF, AVOI: Days Payable Comparison

For the Software - Application subindustry, Obocon'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.

Obocon Days Payable vs Software Industry

For the Software industry and Technology sector, Obocon's Days Payable distribution charts can be found below:

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


Obocon 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.

Obocon's Days Payable for the fiscal year that ended in Sep. 2019 is calculated as

Days Payable (A: Sep. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2018 ) + Accounts Payable (A: Sep. 2019 )) / count ) / Cost of Goods Sold (A: Sep. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Obocon's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

Days Payable (Q: Sep. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2019 ) + Accounts Payable (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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 0.00 mean?
Obocon (OBCN) has a Days Payable of 0.00 as of Sep. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Obocon and its competitors.
Is Obocon's Days Payable too high?
Obocon's current Days Payable is 0.00.
How does Obocon's Days Payable compare to ASFT and EHVVF?
Obocon's Days Payable of 0.00 can be compared against companies in the Software industry. The industry median Days Payable is 54.03. 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 Software company?
The median Days Payable among Software companies is 54.03, based on 2,600 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. 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 Obocon and its competitors. For the Software industry, the median Days Payable is 54.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Obocon's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Obocon stock overvalued right now?
Obocon (OBCN) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Obocon (OBCN), the current Days Payable is 0.00 as of Sep. 2019. 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.

Obocon Business Description

Address 22 Baltimore Road, Rockville, MD, USA, 20850
Obocon Inc formerly known as Clancy Systems International Inc offers an Android-based solution for issuing parking citations. The company's system provides ticket issuance, data management, noticing, enforcement, payment processing, permitting, and all other essential modules for a complete ticket administration program. Its services include Automated notice letter mailings, Real-time stole/wanted vehicle alerts, Dispute resolution, Parking operation privatization, Online parking permit website and fulfillment and Park by Phone complimenting metered parking.