PGNT (Paragon Technologies) Days Payable: 43.41 (As of Dec. 2008)


What is Paragon Technologies Days Payable?

Paragon Technologies PGNT Days Payable is 43.41 as of Dec. 2008.

Paragon Technologies's average Accounts Payable for the three months ended in Dec. 2008 was $1.23 Mil. Paragon Technologies's Cost of Goods Sold for the three months ended in Dec. 2008 was $2.58 Mil. Hence, Paragon Technologies's Days Payable for the three months ended in Dec. 2008 was 43.41.

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

PGNT's Days Payable is not ranked *
in the Hardware industry.
Industry Median: 69.89
* Ranked among companies with meaningful Days Payable only.

Paragon Technologies's Days Payable declined from Dec. 2007 (122.99) to Dec. 2008 (43.41). It may suggest that Paragon Technologies accelerated paying its suppliers.

Paragon Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Paragon Technologies'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.

Paragon Technologies Days Payable Chart

Paragon Technologies Annual Data
Trend Feb99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.15 92.05 87.74 82.77 93.64

Paragon Technologies Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 122.99 103.42 77.81 60.84 43.41

PGNT vs AMMX, ARTW, TURV: Days Payable Comparison

For the Electronics & Computer Distribution subindustry, Paragon Technologies'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.

Paragon Technologies Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Paragon Technologies's Days Payable distribution charts can be found below:

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


Paragon Technologies 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.

Paragon Technologies's Days Payable for the fiscal year that ended in Dec. 2008 is calculated as

Days Payable (A: Dec. 2008 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2007 ) + Accounts Payable (A: Dec. 2008 )) / count ) / Cost of Goods Sold (A: Dec. 2008 )*Days in Period
=( (4.789 + 1.262) / 2 ) / 11.793*365
=3.0255 / 11.793*365
=93.64

Paragon Technologies's Days Payable for the quarter that ended in Dec. 2008 is calculated as:

Days Payable (Q: Dec. 2008 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2008 ) + Accounts Payable (Q: Dec. 2008 )) / count ) / Cost of Goods Sold (Q: Dec. 2008 )*Days in Period
=( (1.189 + 1.262) / 2 ) / 2.576*365 / 4
=1.2255 / 2.576*365 / 4
=43.41

* 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 43.41 mean?
Paragon Technologies (PGNT) has a Days Payable of 43.41 as of Dec. 2008. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Paragon Technologies and its competitors.
Is Paragon Technologies' Days Payable too high?
Paragon Technologies' current Days Payable is 43.41. The Hardware industry median Days Payable is 69.89. Paragon Technologies' value of 43.41 is 37.9% below this industry median.
How does Paragon Technologies' Days Payable compare to AMMX and ARTW?
Paragon Technologies' Days Payable of 43.41 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.89. Paragon Technologies' value of 43.41 is 37.9% 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,437 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. Paragon Technologies's current Days Payable of 43.41 is 37.9% 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 Paragon Technologies and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paragon Technologies's current Days Payable is 43.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Technologies stock overvalued right now?
Paragon Technologies (PGNT) has a current Days Payable of 43.41. The current Days Payable is 43.41 and 37.9% below the Hardware industry median of 69.89. 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 Paragon Technologies (PGNT), the current Days Payable is 43.41 as of Dec. 2008. 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.

Paragon Technologies Business Description

Address 101 Larry Holmes Drive, Suite 500, Easton, PA, USA, 18042
Paragon Technologies Inc is a diversified holding company composed of three business segments: Automation, Distribution, and Real Estate. In addition, it may also invest its cash balance in marketable securities. The company generates a majority of its revenue from the Distribution segment, in which it distributes servers, workstations, storage, networking, high-end printers, high-end audio visual and power protection systems, notebook computers, desktop computers, printers, projectors, gaming, and accessories. Under this segment, it also sells consumer electronics and home appliances and provides services such as managed services, printing, electronic documents management, electronic invoicing, and high-capacity storage solutions to businesses.